Altus Power Inc (NYSE: AMPS) closed the day trading at $3.95 down -6.18% from the previous closing price of $4.21. On the day, 1575108 shares were traded.
Ratios:
For a better understanding of AMPS, let’s look at its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 2.15 and its Current Ratio is at 2.15. In the meantime, Its Debt-to-Equity ratio is 3.11 whereas as Long-Term Debt/Eq ratio is at 3.01.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Maxim Group on April 10, 2024, initiated with a Buy rating and assigned the stock a target price of $7.
On November 30, 2023, Northland Capital started tracking the stock assigning a Outperform rating and target price of $10.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 28 ’24 when Felton Gregg J bought 12,500 shares for $4.78 per share. The transaction valued at 59,750 led to the insider holds 11,894,603 shares of the business.
NORELL LARS sold 40,000 shares of AMPS for $274,520 on Mar 01 ’24. The CO-FOUNDER CO-CEO CO-PRESIDENT now owns 21,614,907 shares after completing the transaction at $6.86 per share. On Feb 16 ’24, another insider, Savino Anthony, who serves as the COFOUNDER,CHIEF CONST. OFFICER of the company, sold 4,598 shares for $7.15 each. As a result, the insider received 32,876 and left with 3,887,663 shares of the company.
Valuation Measures:
For the stock, the TTM Price-to-Sale (P/S) ratio is 4.05 while its Price-to-Book (P/B) ratio in mrq is 1.40.
Stock Price History:
Over the past 52 weeks, AMPS has reached a high of $7.28, while it has fallen to a 52-week low of $4.08.
Shares Statistics:
A total of 159.00M shares are outstanding, with a floating share count of 76.89M. Insiders hold about 51.66% of the company’s shares, while institutions hold 47.09% stake in the company.
Earnings Estimates
Current recommendations for the stock of the company come from GraniteShares 1x Short AMD Dail analysts. The consensus estimate for the next quarter is $1.87, with high estimates of $8.32 and low estimates of $411.18.
Analysts are recommending an EPS of between $Healthcare and $Financial Services for the fiscal current year, implying an average EPS of $Technology.
