Altus Midstream (ALTM) Competitors

Notice: This company has been marked as potentially delisted and may not be actively trading.

ALTM vs. ENLC, AROC, TROX, MTX, KRO, CRS, NEU, VVV, BCPC, and ASH

Should you be buying Altus Midstream stock or one of its competitors? The main competitors of Altus Midstream include EnLink Midstream (ENLC), Archrock (AROC), Tronox (TROX), Minerals Technologies (MTX), Kronos Worldwide (KRO), Carpenter Technology (CRS), NewMarket (NEU), Valvoline (VVV), Balchem (BCPC), and Ashland (ASH).

Altus Midstream vs.

Altus Midstream (NASDAQ:ALTM) and EnLink Midstream (NYSE:ENLC) are both mid-cap basic materials companies, but which is the better stock? We will compare the two companies based on the strength of their community ranking, institutional ownership, risk, analyst recommendations, valuation, profitability, earnings, dividends and media sentiment.

EnLink Midstream received 322 more outperform votes than Altus Midstream when rated by MarketBeat users. Likewise, 50.08% of users gave EnLink Midstream an outperform vote while only 31.03% of users gave Altus Midstream an outperform vote.

CompanyUnderperformOutperform
Altus MidstreamOutperform Votes
9
31.03%
Underperform Votes
20
68.97%
EnLink MidstreamOutperform Votes
331
50.08%
Underperform Votes
330
49.92%

Altus Midstream has a beta of 1.81, suggesting that its share price is 81% more volatile than the S&P 500. Comparatively, EnLink Midstream has a beta of 2.39, suggesting that its share price is 139% more volatile than the S&P 500.

Altus Midstream has higher earnings, but lower revenue than EnLink Midstream. Altus Midstream is trading at a lower price-to-earnings ratio than EnLink Midstream, indicating that it is currently the more affordable of the two stocks.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
Altus Midstream$882.50M5.91$330.10M$1.044.66
EnLink Midstream$6.90B0.89$206.20M$0.3539.03

27.0% of Altus Midstream shares are held by institutional investors. Comparatively, 45.9% of EnLink Midstream shares are held by institutional investors. 1.2% of Altus Midstream shares are held by company insiders. Comparatively, 0.8% of EnLink Midstream shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a stock is poised for long-term growth.

In the previous week, Altus Midstream and Altus Midstream both had 2 articles in the media. EnLink Midstream's average media sentiment score of 0.78 beat Altus Midstream's score of 0.00 indicating that EnLink Midstream is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
Altus Midstream
1 Very Positive mention(s)
0 Positive mention(s)
1 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
EnLink Midstream
2 Very Positive mention(s)
0 Positive mention(s)
0 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Altus Midstream has a net margin of 25.94% compared to EnLink Midstream's net margin of 2.40%. Altus Midstream's return on equity of 10.85% beat EnLink Midstream's return on equity.

Company Net Margins Return on Equity Return on Assets
Altus Midstream25.94% 10.85% 7.76%
EnLink Midstream 2.40%8.58%2.75%

Altus Midstream currently has a consensus target price of $6.83, indicating a potential upside of 40.82%. EnLink Midstream has a consensus target price of $14.33, indicating a potential upside of 4.85%. Given Altus Midstream's higher possible upside, equities research analysts plainly believe Altus Midstream is more favorable than EnLink Midstream.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Altus Midstream
1 Sell rating(s)
6 Hold rating(s)
3 Buy rating(s)
1 Strong Buy rating(s)
2.36
EnLink Midstream
0 Sell rating(s)
2 Hold rating(s)
4 Buy rating(s)
0 Strong Buy rating(s)
2.67

Summary

Altus Midstream and EnLink Midstream tied by winning 9 of the 18 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding ALTM and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NASDAQ and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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ALTM vs. The Competition

MetricAltus MidstreamIndustrial inorganic chemicals IndustryMaterials SectorNASDAQ Exchange
Market Cap$5.21B$26.01B$2.76B$7.99B
Dividend YieldN/A2.63%5.25%3.91%
P/E Ratio4.6686.95134.6115.64
Price / Sales5.9165.66819,927.7074.26
Price / Cash2.0571.5223.1729.27
Price / Book0.3819.923.524.51
Net Income$330.10M$533.10M$163.06M$212.52M

Altus Midstream Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
ENLC
EnLink Midstream
1.2523 of 5 stars
$13.45
+1.3%
$14.33
+6.6%
+38.4%$6.07B$6.90B38.421,072
AROC
Archrock
2.8182 of 5 stars
$20.02
+0.9%
$19.67
-1.8%
+114.8%$3.13B$1.03B24.121,100Positive News
TROX
Tronox
1.952 of 5 stars
$19.24
+0.1%
$16.29
-15.3%
+64.0%$3.04B$2.85B-8.636,500Ex-Dividend
MTX
Minerals Technologies
3.6851 of 5 stars
$80.57
+1.0%
$68.50
-15.0%
+37.5%$2.60B$2.16B27.884,027Dividend Announcement
KRO
Kronos Worldwide
2.4485 of 5 stars
$12.54
+0.3%
$9.00
-28.2%
+55.9%$1.44B$1.67B-54.522,196Dividend Announcement
CRS
Carpenter Technology
3.7082 of 5 stars
$105.92
+2.6%
$109.67
+3.5%
+129.9%$5.25B$2.55B40.274,500Positive News
NEU
NewMarket
3.1139 of 5 stars
$554.89
-0.8%
N/A+38.3%$5.32B$2.70B13.352,000Positive News
VVV
Valvoline
1.8775 of 5 stars
$41.86
+0.1%
$42.75
+2.1%
+7.8%$5.43B$1.53B33.2210,900Positive News
BCPC
Balchem
4.4243 of 5 stars
$155.27
+0.5%
$170.00
+9.5%
+25.5%$5.03B$922.44M43.861,302
ASH
Ashland
4.78 of 5 stars
$98.10
+0.1%
$106.44
+8.5%
+10.7%$4.92B$2.19B26.023,800

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This page (NASDAQ:ALTM) was last updated on 5/20/2024 by MarketBeat.com Staff

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