AltC Acquisition (NYSE:ALCC) versus Atlantica Sustainable Infrastructure (NASDAQ:AY) Critical Survey

Atlantica Sustainable Infrastructure (NASDAQ:AY) and AltC Acquisition (NYSE:ALCC) are both oils/energy companies, but which is the superior business? We will contrast the two businesses based on the strength of their profitability, dividends, institutional ownership, risk, valuation, earnings and analyst recommendations.

Risk & Volatility

Atlantica Sustainable Infrastructure has a beta of 0.97, suggesting that its stock price is 3% less volatile than the S&P 500. Comparatively, AltC Acquisition has a beta of 0.04, suggesting that its stock price is 96% less volatile than the S&P 500.

Insider & Institutional Ownership

40.5% of Atlantica Sustainable Infrastructure shares are held by institutional investors. Comparatively, 85.0% of AltC Acquisition shares are held by institutional investors. 0.1% of Atlantica Sustainable Infrastructure shares are held by company insiders. Comparatively, 21.8% of AltC Acquisition shares are held by company insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock will outperform the market over the long term.

Valuation and Earnings

This table compares Atlantica Sustainable Infrastructure and AltC Acquisition’s gross revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Atlantica Sustainable Infrastructure	$1.10 billion	2.11	$43.38 million	$0.42	47.55
AltC Acquisition	N/A	N/A	$11.87 million	N/A	N/A

Atlantica Sustainable Infrastructure has higher revenue and earnings than AltC Acquisition.

Profitability

This table compares Atlantica Sustainable Infrastructure and AltC Acquisition’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Atlantica Sustainable Infrastructure	4.43%	2.91%	0.55%
AltC Acquisition	N/A	-88.20%	2.56%

Analyst Ratings

This is a breakdown of recent recommendations and price targets for Atlantica Sustainable Infrastructure and AltC Acquisition, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Atlantica Sustainable Infrastructure	0	5	4	0	2.44
AltC Acquisition	0	0	0	0	N/A

Atlantica Sustainable Infrastructure presently has a consensus target price of $23.67, indicating a potential upside of 18.51%. Given Atlantica Sustainable Infrastructure’s higher probable upside, research analysts plainly believe Atlantica Sustainable Infrastructure is more favorable than AltC Acquisition.

Summary

Atlantica Sustainable Infrastructure beats AltC Acquisition on 7 of the 10 factors compared between the two stocks.

About Atlantica Sustainable Infrastructure

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.