Altus Power (NYSE:AMPS – Get Free Report) and AltC Acquisition (NYSE:ALCC – Get 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
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
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
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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