How to Buy Altus Power Stock
Altus Power Inc
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 $4.94, down 0.4% from the previous day, and has increased 3.56% in one year. It has underperformed other stocks in the Utilities - Renewable industry by 0.26 percentage points. Altus Power stock is currently +82.29% from its 52-week low of $2.71, and -10.18% from its 52-week high of $5.50.
At the moment, there are 160.42M AMPS shares outstanding. The market capitalization of AMPS is $792.48M. In the last 24 hours, 2.76M 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.
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Open eToro AccountStep 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.
How to Create a New Brokerage Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Enter your personal details to open a new brokerage account.
- Submit your application by hitting the "Create Account" button. Get started with eToro today
Step 3: Deposit money your brokerage account
Now that you've created your account on one of the best stock apps, your next step is to transfer the money for your investment:
Watch the walkthrough below for more details depositing funds into your new brokerage account.
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
Altus Power Fundamentals
WallStreetZen was built to help part-time investors do more accurate fundamental analysis in less time.
You can see all of the due diligence checks on AMPS's stock page.
Is AMPS stock undervalued?
Investors use a variety of different financial metrics, analyses, models, and charts to gauge AMPS's true value.
Using relative valuations methods:
- AMPS may be overvalued based on its P/E ratio of 494x, relative to Utilities - Renewable industry P/E ratio of 36.29x
- AMPS may be undervalued based on its P/B ratio of 1.74x, relative to Utilities - Renewable industry P/B ratio of 4.13x
You can do more valuation analysis on AMPS's stock here.
AMPS Financial Health Summary
Signs that AMPS is financially healthy:
- Total AMPS debt is lower than 5 years ago, relative to shareholder equity.
- AMPS has $111.94M in cash and short term investments. This is enough to cover its annual cash burn of $53.09M.
- AMPS profit margin has gone up from -6% to 0.7% in the past year.
- AMPS has cash burn of 53091000. It has sufficient cash and short-term investments to cover this for at least one year.
Signs that AMPS is not financially healthy:
- There are more short-term liabilities than short-term assets on the AMPS balance sheet.
- AMPS has a relatively high debt to equity ratio of 3.97.
- There are more long-term liabilities than short-term assets on the AMPS balance sheet.
Is AMPS stock a Buy, Hold, or Sell, according to Wall Street analysts?
Out of 5 Wall Street analysts who give ratings on AMPS, the consensus analyst rating on AMPS is a Hold
It's important to keep in mind that analyst forecasts are not stock recommendations, nor are they investment advice.
You can dig deeper into what analysts are projecting on the Altus Power stock forecast page.
AMPS Technical Indicators
AMPS Growth Metrics
Last year, AMPS earnings were $1.32M. In the past 4 year, AMPS's earnings have gone up by -40.54% per year. This was slower than the Utilities - Renewable industry average of 51.4%.
Last year, AMPS revenue was $196.27M. In the past five year, AMPS's revenue has gone up by 39.29% per year. This was faster than the Utilities - Renewable industry average of 22.83%.
Dig into AMPS's earnings and revenue performance here.
Latest Insiders Trades at AMPS
In the past year, insiders at AMPS have sold more shares than they have bought.
Gregg J. Felton, CO-FOUNDER CEO PRESIDENT of AMPS, was the latest AMPS insider to sell. They sold $349,400.51 worth of AMPS stock on Feb 20, 2025.
Learn more about who owns AMPS stock here.
Can I rely on AMPS as an income stream?
No, Altus Power doesn't provide an income stream by paying out dividends.
What do other investors have to say about AMPS?
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to find out what other investors have to say.
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 available price.
Market orders are mostly sufficient. - Limit order: A limit order enables you to buy or sell a stock at a specific price (or better).
If you want to be sure you're buying or selling at a particular price, place a limit order.
Press the Open Trade button and your broker will execute the order.
If you want more assistance buying stocks on eToro, click the how to video below:
Step 6: Monitor your AMPS investment
Now that you own some AMPS stock, you'll want to stay up-to-date on your company.
Put AMPS on a watchlist to get notified of important updates regarding your AMPS stock.
AMPS Feed
How to Buy Stock in Altus Power
To reiterate, here are the 6 steps you need to take to buy Altus Power stock right now:
- Choose where to buy Altus Power stock
- Create a brokerage account
- Deposit money your brokerage account
- Analyze Altus Power stock
- Place your AMPS trade
- Monitor your AMPS investment
If you need a place to buy stocks, eToro is our recommended option.
Get Started with eToro TodayIf you want to get updates on your new investment in Altus Power, create a watchlist today.
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