Altus Power is a renewable energy company located in Connecticut, United States, which is part of the Utilities sector, and is traded under the ticker AMPS on the NYSE exchange.
Altus Power stock last closed at $4.77, up 6.95% from the previous day, and has decreased 12.64% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.15 percentage points. Altus Power stock is currently +16.91% from its 52-week low of $4.08, and -34.48% from its 52-week high of $7.28.
At the moment, there are 159.08M AMPS shares outstanding. The market capitalization of AMPS is $758.82M. In the last 24 hours, 901,693 AMPS shares were traded.
How to Buy Altus Power Stock
Wondering how to invest in Altus Power stock? Here's how.
Choose where to buy Altus Power stock: You need to choose an online brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you determine where to buy Altus Power stock.
Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
Deposit money your brokerage account: Choose your method of payment and add your info.
Analyze Altus Power stock: The Altus Power ticker symbol is AMPS. Is Altus Power stock a good investment? Should you buy shares of AMPS? How do AMPS's underlying business fundamentals look? Do top analysts think Altus Power is a good buy? Why has AMPS's stock price moved recently? (Hint: Our stock market research website can help you decide if AMPS is a good stock to buy).
Place your AMPS trade: Decide if you will purchase AMPS shares at the current market price or use a limit order to purchase AMPS shares at a particular price.
Monitor your AMPS investment: Create a watchlist to get the latest news on your new investment in Altus Power shares.
Step 1: Choose where to buy Altus Power stock
You need an online brokerage account to access the NYSE market and buy AMPS stock.
A brokerage account is an investment account that allows you to buy and sell a variety of investments, including stocks, bonds, mutual funds, and ETFs.
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Step 2: Create a brokerage account
Now that you've selected the right brokerage, it's time to fill out some personal info so you can invest in AMPS stock today.
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Step 4: Analyze Altus Power stock
Once you have selected the best place to buy Altus Power stock, it's crucial to evaluate their stock prior to buying, so you can comprehend the risk and opportunity.
Altus Power quick stats
AMPS Price
$4.77
1w %
1.27%
1y %
-12.64%
5y %
N/A
P/E
-79.5x
P/B
1.7x
P/S
4.88x
PEG
N/A
Revenue
$155.16M
Earnings
-$9.36M
Fore. Rev. Growth
37.62%
Fore. Earn. Growth
N/A
Market Cap
$758.82M
Next Earnings
May 13, 2024
Next Dividend
N/A
Altus Power Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
AMPS has cash burn of 36084000. It has sufficient cash and short-term investments to cover this for at least one year.
There are more short-term assets than short-term liabilities on the AMPS balance sheet.
AMPS has $206.18M in cash and short term investments. This is enough to cover its annual cash burn of $36.08M.
Signs that AMPS is not financially healthy:
AMPS profit margin has gone down from 54.8% to -6% in the past year.
There are more long-term liabilities than short-term assets on the AMPS balance sheet.
AMPS has a relatively high debt to equity ratio of 3.5.
Do analysts think it's a good time to buy AMPS stock
Out of 6 Equities analysts who give forecasts on AMPS, the consensus analyst rating on AMPS is a Strong Buy
It's important to note that analyst ratings are not recommendations, nor are they investment advice.
Latest AMPS Analyst Ratings
Jon Windham, a top 24% analyst from UBS maintains AMPS with a strong buy rating and lowers their AMPS price target from $10.00 to $9.00, on Nov 14, 2023.
Last year, AMPS revenue was $155.16M. In the past 4 year, AMPS's revenue has gone up by 42.69% per year. This was faster than the Utilities - Renewable industry average of 10.7%.
No, Altus Power doesn't provide an income stream by paying out dividends.
What others are saying about AMPS
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Step 5: Place your AMPS trade
There are two main types of orders:
Market order: A market order is an order to buy or sell a stock at the best possible price. Market orders are usually the best for newer investors.
Limit order: A limit order is an order to buy or sell a stock at a specific price (or better). If you want to be sure you're buying or selling at an exact dollar amount limit, use a limit order.
Press the Open button and your broker will place the order.
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How much does it cost to buy one Altus Power share?
As of Mar 27, 2024, it costs $4.77 to buy one share of Altus Power stock.
Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $2, you can buy 0.419 shares of AMPS.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.
Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.