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.
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| Latest market close | $87.99 |
|---|---|
| 52-week range | $8.79 - $88.53 |
| 50-day moving average | $70.80 |
| 200-day moving average | $65.81 |
| Wall St. target price | $54.67 |
| PE ratio | 15.7915 |
| Dividend yield | $3 (3.51%) |
| Earnings per share (TTM) | $5.57 |
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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.
Historical closes compared with the close of $87.99 from 2021-10-15
| 1 week (2021-10-12) | 4.50% |
|---|---|
| 1 month (2021-09-17) | 28.60% |
| 3 months (2021-07-19) | 44.34% |
| 6 months (2021-04-19) | 62.37% |
| 1 year (2020-10-19) | 821.36% |
|---|---|
| 2 years (2019-10-18) | 3,759.21% |
| 3 years (2018-10-19) | 770.33% |
| 5 years (2016-10-15) | 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 16x. In other words, Altus Midstream Company shares trade at around 16x 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 $76 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 | $145.8 million |
|---|---|
| Operating margin TTM | 41.16% |
| Gross profit TTM | $107.4 million |
| Return on assets TTM | 2.15% |
| Return on equity TTM | 19.93% |
| Profit margin | 69.14% |
| Book value | $19.43 |
| Market capitalisation | $1.4 billion |
TTM: trailing 12 months
There are currently 163,724 Altus Midstream Company shares held short by investors – that's known as Altus Midstream Company's "short interest". This figure is 12.6% up from 145,418 last month.
There are a few different ways that this level of interest in shorting Altus Midstream Company shares can be evaluated.
Altus Midstream Company's "short interest ratio" (SIR) is the quantity of Altus Midstream Company shares currently shorted divided by the average quantity of Altus Midstream Company shares traded daily (recently around 49764.133738602). Altus Midstream Company's SIR currently stands at 3.29. In other words for every 100,000 Altus Midstream Company shares traded daily on the market, roughly 3290 shares are currently held short.
However Altus Midstream Company's short interest can also be evaluated against the total number of Altus Midstream Company shares, or, against the total number of tradable Altus Midstream Company shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Altus Midstream Company's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Altus Midstream Company shares in existence, roughly 10 shares are currently held short) or 0.0511% of the tradable shares (for every 100,000 tradable Altus Midstream Company shares, roughly 51 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against Altus Midstream Company.
Find out more about how you can short Altus Midstream Company stock.
Dividend payout ratio: 48.95% of net profits
Recently Altus Midstream Company has paid out, on average, around 48.95% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 6.82% 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 6.82% 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.
While Altus Midstream Company's payout ratio might seem fairly standard, it's worth remembering that Altus Midstream Company may be investing much of the rest of its net profits in future growth.
Altus Midstream Company's most recent dividend payout was on 29 September 2021. The latest dividend was paid out to all shareholders who bought their shares by 25 August 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 $8.7877 up to $88.53. 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 4.273. 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, 2020, 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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