UBS has recently reduced Altus Power Inc (AMPS) stock to Neutral rating, as announced on February 10, 2025, according to Finviz. Earlier, on February 7, 2025, B. Riley Securities had reduced the stock from a Buy to Neutral, setting a price target of $5 for AMPS stock. JP Morgan also raised Neutral rating. Additionally, JP Morgan reduced Underweight rating on December 12, 2024. Morgan Stanley analysts, in their report published on August 21, 2024, also reduced rating and set a price target of $8 for Altus Power Inc’s stock. Analyst ratings are significant because they provide insights into stock performance expectations, influencing investor decisions and market sentiment.
Altus Power Inc (AMPS) Stock Trading Recap
On Friday, Altus Power Inc (AMPS) stock saw a modest uptick, ending the day at $4.9 which represents a slight increase of $0.02 or 0.41% from the prior close of $4.88. The stock opened at $4.88 and touched a low of $4.87 during the day, reaching a high of $4.9. The volume of shares traded was 4.40 million exceeding the average volume of 2.58 million.
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AMPS Stock Performance and Moving Averages
In recent trading, Altus Power Inc (AMPS) stock price has shown some volatility, fluctuating 0.62% over the last five trades and 27.60% over the past 30 trades. This represents a notable shift from earlier in the year. Over the last six months, the stock has risen by 67.24%, and it has gained 57.56% in the previous three months. Currently, AMPS is trading at 17.32%, 20.66%, and 28.72% relative to its 20-Day, 50-Day, and 200-Day Simple Moving Averages, respectively.
As of the latest trading close, AMPS, a Utilities sector stock, is trading -32.69% below its 52-week high but remains 80.81% above its 52-week low. The Average True Range (ATR) (14 days) of 0.21 highlights the stock’s average volatility, providing insight into how much the price typically fluctuates. This measure is crucial for understanding potential price swings and assessing overall market risk.
Altus Power Inc’s Profitability and Valuation Ratios
Altus Power Inc’s profitability metrics reveal financial health. The company currently boasts an operating margin of 15.34% and a profit margin of 19.07%, with a gross margin of 67.24%. The profit margin, also known as the revenue ratio or gross profit ratio, measures how efficiently a company converts sales into net income; higher margins indicate greater profitability.
In terms of valuation, Altus Power Inc’s market capitalization stands at $784.00 million. Market cap represents the total value of all outstanding shares and is a key indicator of a company’s market value. The stock’s price-to-earnings (P/E) ratio is 23.16, assessing the company’s valuation relative to its earnings. Additionally, the Price-to-Sales Ratio is 4.22, reflecting the market’s valuation of the company’s sales, while the Price-to-Book Ratio is 1.52, comparing the market value to the company’s book value.
Understanding Insider Trading
Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 40.16% of Altus Power Inc (AMPS)’s shares, while financial institutions hold 52.12%.
Notable insider trades include NORELL LARS, 10% Owner at Altus Power Inc (AMPS), who sold 7987518 shares on Feb 07 ’25, at $4.87 each, totaling $38.89 million. On Feb 10 ’25, NORELL LARS, 10% Owner, sold 1646936 shares for $4.87 each, amounting to $8.01 million. Additionally, on Feb 11 ’25, NORELL LARS sold 1447611 shares at $4.87 each, generating $7.04 million.
