CLP (OTCMKTS:CLPHY – Get Free Report) and Altus Power (NYSE:AMPS – Get Free Report) are both utilities companies, but which is the superior investment? We will contrast the two companies based on the strength of their profitability, analyst recommendations, risk, earnings, valuation, institutional ownership and dividends.
Insider and Institutional Ownership
46.6% of Altus Power shares are owned by institutional investors. 24.3% of Altus Power shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.
Risk & Volatility
CLP has a beta of 0.53, suggesting that its share price is 47% less volatile than the S&P 500. Comparatively, Altus Power has a beta of 0.94, suggesting that its share price is 6% less volatile than the S&P 500.
Profitability
Net Margins | Return on Equity | Return on Assets | |
CLP | N/A | N/A | N/A |
Altus Power | 13.55% | 2.52% | 0.63% |
Analyst Recommendations
This is a summary of current recommendations and price targets for CLP and Altus Power, as provided by MarketBeat.com.
Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
CLP | 0 | 0 | 0 | 0 | 0.00 |
Altus Power | 0 | 2 | 6 | 2 | 3.00 |
Altus Power has a consensus price target of $5.94, indicating a potential upside of 91.14%. Given Altus Power’s stronger consensus rating and higher possible upside, analysts clearly believe Altus Power is more favorable than CLP.
Earnings & Valuation
This table compares CLP and Altus Power”s top-line revenue, earnings per share and valuation.
Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
CLP | $11.13 billion | 1.92 | $850.02 million | N/A | N/A |
Altus Power | $155.16 million | 3.22 | -$9.35 million | $0.14 | 22.21 |
CLP has higher revenue and earnings than Altus Power.
Summary
Altus Power beats CLP on 11 of the 13 factors compared between the two stocks.
About CLP
CLP Holdings Limited, an investment holding company, engages in the generation, transmission, and distribution of electricity in Hong Kong, Mainland China, India Thailand, Taiwan, and Australia. The company generates electricity through coal, gas, nuclear, and renewable resources, such as wind, hydro, and solar. It is also involved in the provision of pumped storage services, and energy and infrastructure solutions; property investment activities; and retail of electricity and gas. CLP Holdings Limited was founded in 1901 and is based in Hung Hom, Hong Kong.
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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