Altus Power, Inc. (NYSE:AMPS – Free Report) – Research analysts at Roth Capital dropped their Q2 2025 EPS estimates for Altus Power in a research report issued on Wednesday, November 13th. Roth Capital analyst J. Clare now forecasts that the company will post earnings per share of $0.00 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.
AMPS has been the subject of several other research reports. Citigroup decreased their price objective on Altus Power from $7.00 to $5.50 and set a “buy” rating for the company in a report on Tuesday, October 22nd. UBS Group decreased their price target on Altus Power from $5.50 to $5.00 and set a “buy” rating for the company in a research note on Friday, August 9th. Maxim Group dropped their price objective on Altus Power from $5.50 to $4.50 and set a “buy” rating on the stock in a research note on Monday, August 12th. Roth Mkm reissued a “buy” rating and issued a $4.50 target price on shares of Altus Power in a research note on Wednesday, October 16th. Finally, Morgan Stanley lowered shares of Altus Power from an “overweight” rating to an “equal weight” rating and dropped their price target for the stock from $8.00 to $4.00 in a research report on Wednesday, August 21st. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Buy” and an average price target of $5.81.
Altus Power Stock Down 6.2 %
Altus Power stock opened at $3.85 on Thursday. The company has a current ratio of 0.60, a quick ratio of 0.91 and a debt-to-equity ratio of 2.10. Altus Power has a 1-year low of $2.71 and a 1-year high of $7.28. The company has a fifty day simple moving average of $3.35 and a 200 day simple moving average of $3.70. The company has a market cap of $618.23 million, a P/E ratio of 17.48 and a beta of 0.94.
Hedge Funds Weigh In On Altus Power
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in AMPS. Price T Rowe Associates Inc. MD raised its position in shares of Altus Power by 7.6% in the first quarter. Price T Rowe Associates Inc. MD now owns 44,257 shares of the company’s stock valued at $212,000 after purchasing an additional 3,116 shares during the period. Janus Henderson Group PLC grew its stake in Altus Power by 9.0% in the 3rd quarter. Janus Henderson Group PLC now owns 44,792 shares of the company’s stock valued at $142,000 after buying an additional 3,709 shares during the last quarter. HTG Investment Advisors Inc. raised its holdings in Altus Power by 8.6% in the 3rd quarter. HTG Investment Advisors Inc. now owns 65,148 shares of the company’s stock valued at $207,000 after acquiring an additional 5,148 shares during the period. The Manufacturers Life Insurance Company lifted its position in Altus Power by 24.3% during the second quarter. The Manufacturers Life Insurance Company now owns 31,771 shares of the company’s stock worth $125,000 after acquiring an additional 6,209 shares during the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Altus Power by 14.3% during the second 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 during the period. 46.55% of the stock is owned by institutional investors.
About Altus Power
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.
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