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Altus Midstream Company is an oil & gas midstream business based in the US. Altus Midstream Company shares (ALTM) are listed on the NASDAQ and all prices are listed in US Dollars.
|Latest market close||$61.75|
|52-week range||$46.46 - $89.01|
|50-day moving average||$63.77|
|200-day moving average||$66.53|
|Wall St. target price||$70.00|
|Dividend yield||$3 (9.16%)|
|Earnings per share (TTM)||$5.74|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2022-06-24)||N/A|
|1 month (2022-06-01)||N/A|
|3 months (2022-04-01)||N/A|
|6 months (2022-01-05)||-2.11%|
|1 year (2021-07-02)||-11.06%|
|2 years (2020-07-02)||448.89%|
|3 years (2019-07-05)||1,587.16%|
|5 years (2017-07-01)||N/A|
Valuing Altus Midstream Company stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Altus Midstream Company's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Altus Midstream Company's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 11x. In other words, Altus Midstream Company shares trade at around 11x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
Altus Midstream Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $71.6 million.
The EBITDA is a measure of a Altus Midstream Company's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$139.5 million|
|Operating margin TTM||39.82%|
|Gross profit TTM||$107.4 million|
|Return on assets TTM||1.92%|
|Return on equity TTM||21.54%|
|Market capitalisation||$1 billion|
TTM: trailing 12 months
Dividend payout ratio: 94.4% of net profits
Recently Altus Midstream Company has paid out, on average, around 94.4% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 9.16% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Altus Midstream Company shareholders could enjoy a 9.16% return on their shares, in the form of dividend payments. In Altus Midstream Company's case, that would currently equate to about $3 per share.
Altus Midstream Company's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Altus Midstream Company's most recent dividend payout was on 29 December 2021. The latest dividend was paid out to all shareholders who bought their shares by 28 November 2021 (the "ex-dividend date").
Altus Midstream Company's shares were split on a 1:20 basis on 30 June 2020. So if you had owned 20 shares the day before before the split, the next day you'd have owned 1 share. This wouldn't directly have changed the overall worth of your Altus Midstream Company shares – just the quantity. However, indirectly, the new 1900% higher share price could have impacted the market appetite for Altus Midstream Company shares which in turn could have impacted Altus Midstream Company's share price.
Over the last 12 months, Altus Midstream Company's shares have ranged in value from as little as $46.4635 up to $89.012. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NASDAQ average) beta is 1, while Altus Midstream Company's is 3.8304. This would suggest that Altus Midstream Company's shares are significantly more volatile than the average for this exchange and represent a higher risk.
Altus Midstream Company owns gas gathering, processing, and transmission assets in the Permian Basin of West Texas. As of December 31, 2021, its assets included approximately 182 miles of in-service natural gas gathering, 46 miles of residue gas, and 38 miles of natural gas liquids (NGL) pipelines; three cryogenic processing trains; and an NGL truck loading terminal with six lease automatic custody transfer units and eight NGL bullet tanks. The company is based in Houston, Texas. .
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