Critical Comparison: Altus Power (NYSE:AMPS) versus AltC Acquisition (NYSE:ALCC)

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

Analyst Recommendations

This is a summary of recent ratings for AltC Acquisition and Altus Power, as reported by MarketBeat.com.

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

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

Institutional & Insider Ownership

85.0% of AltC Acquisition shares are held by institutional investors. Comparatively, 46.6% of Altus Power shares are held by institutional investors. 21.8% of AltC Acquisition shares are held by insiders. Comparatively, 24.3% of Altus Power shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

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

Valuation and Earnings

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

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

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

Profitability

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

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

Summary

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

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.

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.

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