Roth Capital Has Pessimistic View of Altus Power Q3 Earnings

Altus Power, Inc. (NYSE:AMPS) – Research analysts at Roth Capital cut their Q3 2025 EPS estimates for Altus Power in a note issued to investors on Thursday, March 20th. Roth Capital analyst J. Clare now anticipates that the company will earn $0.02 per share for the quarter, down from their prior forecast 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.

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

Other research analysts have also recently issued reports about the stock. Roth Mkm reissued a “neutral” rating and set a $5.00 price target on shares of Altus Power in a research report on Friday, March 21st. UBS Group cut Altus Power from a “buy” rating to a “neutral” rating and set a $5.00 price target on the stock. in a research report on Monday, February 10th. B. Riley lowered Altus Power from a “buy” rating to a “neutral” rating and reduced their price objective for the company from $6.00 to $5.00 in a research report on Friday, February 7th. Seaport Res Ptn downgraded Altus Power from a “strong-buy” rating to a “hold” rating in a report on Thursday, February 6th. Finally, JPMorgan Chase & Co. upgraded Altus Power from an “underweight” rating to a “neutral” rating and set a $5.00 price target for the company in a report on Thursday, February 6th. Seven equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Altus Power currently has an average rating of “Hold” and an average target price of $5.13.

Altus Power Stock Performance

Shares of Altus Power stock opened at $4.95 on Monday. The business has a fifty day simple moving average of $4.56 and a two-hundred day simple moving average of $3.98. The firm has a market capitalization of $795.94 million, a P/E ratio of 22.50 and a beta of 0.98. The company has a current ratio of 0.60, a quick ratio of 0.60 and a debt-to-equity ratio of 2.10. Altus Power has a 12 month low of $2.71 and a 12 month high of $5.50.

Insider Activity

In related 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 owns 4,088,231 shares in the company, valued at $20,073,214.21. This represents a 0.22 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Gregg J. Felton sold 71,161 shares of the firm’s 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 completion of the sale, the chief executive officer now owns 4,023,696 shares in the company, valued at $19,756,347.36. This represents a 1.74 % decrease in their position. 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 ninety days. 24.30% of the stock is currently owned by corporate insiders.

Institutional Trading of Altus Power

Several large investors have recently modified their holdings of the company. US Bancorp DE boosted its position in Altus Power by 11,326.2% in the fourth quarter. US Bancorp DE now owns 9,598 shares of the company’s stock worth $39,000 after purchasing an additional 9,514 shares during the last quarter. HighTower Advisors LLC bought a new position in shares of Altus Power in the 3rd quarter worth approximately $41,000. Citizens Financial Group Inc. RI purchased a new position in shares of Altus Power in the fourth quarter worth approximately $41,000. SevenBridge Financial Group LLC bought a new stake in Altus Power during the fourth quarter valued at approximately $41,000. Finally, One68 Global Capital LLC purchased a new stake in Altus Power during the fourth quarter valued at approximately $41,000. Institutional investors own 46.55% of the company’s stock.

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.