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 stock? We will compare the two companies based on the strength of their valuation, earnings, analyst recommendations, institutional ownership, dividends, profitability and risk.
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% |
Earnings & Valuation
This table compares AltC Acquisition and Altus Power”s gross revenue, earnings per share 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 | 5.11 | -$9.35 million | $0.22 | 22.42 |
Analyst Recommendations
This is a breakdown of current ratings and recommmendations for AltC Acquisition and Altus Power, as provided by MarketBeat.
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 target price of $5.06, indicating a potential upside of 2.65%. Given Altus Power’s stronger consensus rating and higher possible upside, analysts plainly believe Altus Power is more favorable than AltC Acquisition.
Risk & Volatility
AltC Acquisition has a beta of -0.06, meaning that its share price is 106% less volatile than the S&P 500. Comparatively, Altus Power has a beta of 1.05, meaning that its share price is 5% more volatile than the S&P 500.
Institutional and Insider Ownership
85.0% of AltC Acquisition shares are owned by institutional investors. Comparatively, 46.6% of Altus Power shares are owned by institutional investors. 21.8% of AltC Acquisition shares are owned by company insiders. Comparatively, 24.3% of Altus Power shares are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.
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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