Q3 Earnings Estimate for Altus Power Issued By Roth Capital

Altus Power, Inc. (NYSE:AMPS) – Equities research analysts at Roth Capital lowered their Q3 2025 EPS estimates for shares of Altus Power in a research report issued to clients and investors on Thursday, March 20th. Roth Capital analyst J. Clare now expects that the company will post earnings of $0.02 per share for the quarter, down from their prior estimate of $0.03. Roth Capital has a “Hold” rating on the stock. The consensus estimate for Altus Power’s current full-year earnings is $0.14 per share.

Several other brokerages have also recently commented on AMPS. JPMorgan Chase & Co. raised shares of Altus Power from an “underweight” rating to a “neutral” rating and set a $5.00 price objective for the company in a research note on Thursday, February 6th. Seaport Res Ptn lowered shares of Altus Power from a “strong-buy” rating to a “hold” rating in a research report on Thursday, February 6th. Roth Mkm reiterated a “neutral” rating and issued a $5.00 price objective on shares of Altus Power in a research report on Friday. B. Riley lowered Altus Power from a “buy” rating to a “neutral” rating and dropped their price objective for the company from $6.00 to $5.00 in a research note on Friday, February 7th. Finally, UBS Group lowered Altus Power from a “buy” rating to a “neutral” rating and set a $5.00 target price on the stock. in a research note on Monday, February 10th. Seven analysts have rated the stock with a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.13.

Altus Power Stock Up 0.3 %

AMPS stock opened at $4.95 on Monday. The stock has a 50-day simple moving average of $4.54 and a two-hundred day simple moving average of $3.97. Altus Power has a twelve month low of $2.71 and a twelve month high of $5.50. The firm has a market capitalization of $795.14 million, a PE ratio of 22.48 and a beta of 0.98. The company has a quick ratio of 0.60, a current ratio of 0.60 and a debt-to-equity ratio of 2.10.

Altus Power (NYSE:AMPS) last announced its quarterly earnings results on Monday, March 17th. The company reported ($0.32) earnings per share for the quarter, missing the consensus estimate of ($0.04) by ($0.28). Altus Power had a net margin of 19.18% and a return on equity of 4.79%. The company had revenue of $44.47 million during the quarter, compared to analysts’ expectations of $46.64 million.

Insider Activity at Altus Power

In other Altus Power news, insider Anthony Savino sold 8,823 shares of the stock in a transaction that occurred on Thursday, February 20th. The shares were sold at an average price of $4.91, for a total transaction of $43,320.93. Following the transaction, the insider now directly owns 4,088,231 shares in the company, valued at $20,073,214.21. This trade represents a 0.22 % decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Gregg J. Felton sold 71,161 shares of Altus Power stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $4.91, for a total transaction of $349,400.51. Following the transaction, the chief executive officer now directly owns 4,023,696 shares in the company, valued at $19,756,347.36. This trade represents a 1.74 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold a total of 89,146 shares of company stock valued at $437,707 over the last 90 days. 24.30% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of AMPS. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Altus Power by 27.8% in the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 385,699 shares of the company’s stock valued at $1,570,000 after acquiring an additional 83,911 shares during the last quarter. Squarepoint Ops LLC boosted its stake in shares of Altus Power by 51.3% during the fourth quarter. Squarepoint Ops LLC now owns 107,859 shares of the company’s stock valued at $439,000 after purchasing an additional 36,550 shares during the period. ProShare Advisors LLC boosted its stake in shares of Altus Power by 11.5% during the fourth quarter. ProShare Advisors LLC now owns 49,869 shares of the company’s stock valued at $203,000 after purchasing an additional 5,143 shares during the period. Millennium Management LLC grew its holdings in shares of Altus Power by 148.3% in the fourth quarter. Millennium Management LLC now owns 652,278 shares of the company’s stock worth $2,655,000 after purchasing an additional 389,605 shares during the last quarter. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of Altus Power by 13.8% in the fourth quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 61,121 shares of the company’s stock worth $249,000 after buying an additional 7,428 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.