Altus Power, Inc. (NYSE:AMPS – Free Report) – Research analysts at Roth Capital lowered their Q2 2025 earnings per share (EPS) estimates for Altus Power in a research report issued to clients and investors on Wednesday, November 13th. Roth Capital analyst J. Clare now anticipates that the company will earn $0.00 per share for the quarter, down from their prior forecast of $0.01. The consensus estimate for Altus Power’s current full-year earnings is $0.08 per share. Roth Capital also issued estimates for Altus Power’s Q3 2025 earnings at $0.03 EPS.
Several other brokerages have also recently commented on AMPS. UBS Group decreased their price target on shares of Altus Power from $5.50 to $5.00 and set a “buy” rating for the company in a research report on Friday, August 9th. Citigroup reduced their price objective on Altus Power from $7.00 to $5.50 and set a “buy” rating for the company in a research note on Tuesday, October 22nd. Morgan Stanley cut shares of Altus Power from an “overweight” rating to an “equal weight” rating and reduced their target price for the stock from $8.00 to $4.00 in a research note on Wednesday, August 21st. Maxim Group lowered their price target on Altus Power from $5.50 to $4.50 and set a “buy” rating on the stock in a report on Monday, August 12th. Finally, Roth Mkm restated a “buy” rating and set a $4.50 target price on shares of Altus Power in a research report on Wednesday, October 16th. Two research analysts have rated the stock with a hold rating, six have given a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Buy” and a consensus target price of $5.81.
Altus Power Stock Up 3.8 %
NYSE AMPS opened at $4.10 on Thursday. The business’s fifty day simple moving average is $3.33 and its 200-day simple moving average is $3.70. The company has a quick ratio of 0.91, a current ratio of 0.91 and a debt-to-equity ratio of 2.18. The firm has a market cap of $659.24 million, a PE ratio of 18.64 and a beta of 0.94. Altus Power has a 52 week low of $2.71 and a 52 week high of $7.28.
Institutional Trading of Altus Power
A number of hedge funds have recently bought and sold shares of AMPS. Price T Rowe Associates Inc. MD increased its position in shares of Altus Power by 7.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 44,257 shares of the company’s stock worth $212,000 after purchasing an additional 3,116 shares in the last quarter. HTG Investment Advisors Inc. lifted its holdings in Altus Power by 8.6% during the third quarter. HTG Investment Advisors Inc. now owns 65,148 shares of the company’s stock worth $207,000 after acquiring an additional 5,148 shares in the last quarter. The Manufacturers Life Insurance Company lifted its position in Altus Power by 24.3% in the 2nd quarter. The Manufacturers Life Insurance Company now owns 31,771 shares of the company’s stock valued at $125,000 after acquiring an additional 6,209 shares in the last quarter. American Century Companies Inc. grew its stake in shares of Altus Power by 14.3% during the 2nd quarter. American Century Companies Inc. now owns 72,322 shares of the company’s stock worth $284,000 after acquiring an additional 9,062 shares in the last quarter. Finally, Summit Securities Group LLC acquired a new stake in shares of Altus Power in the 2nd quarter valued at approximately $39,000. 46.55% of the stock is owned by institutional investors.
Altus Power Company Profile
Altus Power, Inc, a clean electrification company, develops, owns, constructs, and operates roof, ground, and carport-based photovoltaic solar energy generation and storage systems. It serves commercial, industrial, public sector, and community solar customers. Altus Power, Inc was founded in 2013 and is headquartered in Stamford, Connecticut.
Recommended Stories
- Five stocks we like better than Altus Power
- Market Cap Calculator: How to Calculate Market Cap
- 3 GARP Stocks Offering Strong Growth: Aptiv, Allstate, Barrick
- Investing In Preferred Stock vs. Common Stock
- Mouse Rising: The Iger Investment Pays Off for Disney Investors
- Where to Find Earnings Call Transcripts
- Can CAVA Stock Be the Next Chipotle? Earnings Can Help
Receive News & Ratings for Altus Power Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Altus Power and related companies with MarketBeat.com's FREE daily email newsletter.