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