Altus Power: Valuable Partnerships And Competitive Advantage To Outperform [Seeking Alpha]
Altus Power, Inc. Class A (AMPS)
Company Research
Source: Seeking Alpha
It has strong partnerships with Blackstone and CBRE, providing funding and operational support for growth. The current multiples, the DCF outcome and the higher pricing power compared with peers led me to currently rate AMPS as a Buy. Altus Power ( NYSE: AMPS ) is a U.S.-based company specializing in the development, construction, and management of photovoltaic systems for both commercial and industrial customers, with a capacity of 896MW as of December 2023. It has mixed characteristics between utility-scale and distributed systems. Thanks to this, AMPS has lower installation costs than companies I have previously analyzed such as SunPower SPWR ) and Sunnova NOVA ), but at the same time it is able to charge its customers higher prices per MWh compared with utility-scale IPPs such as Clearway Energy CWEN Northland Power NPI:CA TransAlta TAC Innergex INE:CA ) and Enlight Renewable Energy ENLT ). Over the past few years, AMPS has forged a strong relationship with Blackstone and CBR
Show less
Read more
Impact Snapshot
Event Time:
AMPS
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AMPS alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AMPS alerts
High impacting Altus Power, Inc. Class A news events
Weekly update
A roundup of the hottest topics
AMPS
News
- Altus Power, Inc. (NYSE: AMPS) had its price target lowered by analysts at B. Riley from $10.00 to $7.00. They now have a "buy" rating on the stock.MarketBeat
- Altus Power, Inc. Announces Date for Release of First Quarter 2024 Financial Results and Conference CallBusiness Wire
- Altus Power, Inc. (NYSE: AMPS) had its "overweight" rating re-affirmed by analysts at Morgan Stanley. They now have a $9.00 price target on the stock.MarketBeat
- Altus Power, Inc. (NYSE: AMPS) is now covered by analysts at Maxim Group. They set a "buy" rating and a $7.00 price target on the stock.MarketBeat
- Which States Have Community Solar: Find Out Here [CNET News]CNET News
AMPS
Earnings
- 3/14/24 - Miss
AMPS
Sec Filings
- 4/18/24 - Form 4
- 4/18/24 - Form 4
- 4/11/24 - Form DEFA14A
- AMPS's page on the SEC website