AltC Acquisition (NYSE:ALCC) vs. Altus Power (NYSE:AMPS) Financial Survey

Altus Power (NYSE:AMPSGet Free Report) and AltC Acquisition (NYSE:ALCCGet Free Report) are both small-cap oils/energy companies, but which is the superior business? We will compare the two businesses based on the strength of their valuation, earnings, dividends, risk, profitability, analyst recommendations and institutional ownership.

Volatility & Risk

Altus Power has a beta of 1.05, meaning that its stock price is 5% more volatile than the S&P 500. Comparatively, AltC Acquisition has a beta of -0.06, meaning that its stock price is 106% less volatile than the S&P 500.

Institutional and Insider Ownership

46.6% of Altus Power shares are held by institutional investors. Comparatively, 85.0% of AltC Acquisition shares are held by institutional investors. 24.3% of Altus Power 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 large money managers, endowments and hedge funds believe a stock is poised for long-term growth.

Profitability

This table compares Altus Power and AltC Acquisition’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Altus Power 19.18% 4.79% 1.16%
AltC Acquisition N/A -85.44% 2.50%

Earnings and Valuation

This table compares Altus Power and AltC Acquisition”s revenue, earnings per share and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Altus Power $155.16 million 5.04 -$9.35 million $0.22 22.11
AltC Acquisition N/A N/A $11.87 million N/A N/A

AltC Acquisition has lower revenue, but higher earnings than Altus Power.

Analyst Ratings

This is a breakdown of current ratings and price targets for Altus Power and AltC Acquisition, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altus Power 0 5 4 0 2.44
AltC Acquisition 0 0 0 0 0.00

Altus Power presently has a consensus target price of $5.06, indicating a potential upside of 4.06%. Given Altus Power’s stronger consensus rating and higher probable upside, analysts plainly believe Altus Power is more favorable than AltC Acquisition.

Summary

Altus Power beats AltC Acquisition on 8 of the 11 factors compared between the two stocks.

About Altus Power

(Get Free Report)

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.

About AltC Acquisition

(Get Free Report)

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.

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