Is ACTC stock undervalued?
So the industry metric is 18.95x. Fair share price: $33.87 Here is another analyst finding it undervalued in a similar way on Feb 10th. Let's think about that for a moment... As of this writing ACTC is trading at $15.65, based on purely fundamentals without speculation it is trading 116.42% below it's actual value.
What is Arclight clean transition's (ACTC) stock price?
What is ArcLight Clean Transition's stock price today? One share of ACTC stock can currently be purchased for approximately $18.09. How much money does ArcLight Clean Transition make?
Will ACTC outperform or underperform the S&P 500 over the long term?
Vote “Outperform” if you believe ACTC will outperform the S&P 500 over the long term. Vote “Underperform” if you believe ACTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
What will the actcw share price be?
Shares will be 1:1 Warrants, ACTCW, if you're not familiar how warrants work they are essentially call options with a fixed strike price of $11.50 Calls, I think virtually anything listed is going to print (aside from 03/19)
Is ACTC a good investment?
If you are looking for stocks with good return, ArcLight Clean Transition Corp can be a profitable investment option. ArcLight Clean Transition Corp quote is equal to 16.940 USD at 2022-06-03. Based on our forecasts, a long-term increase is expected, the "ACTC" stock price prognosis for 2026-06-12 is 76.070 USD.
What is ACTC stock?
Arclight Clean Transition Corp ClArclight Clean Transition Corp Cl A (ACTC)
Who owns ACTC?
It's one of the largest EV bus companies in North America serving 130 communities in the U.S. and Canada. The company is led by chairman and CEO Jack Allen, who previously held several executive roles at Navistar International (NYSE:NAV).
Who is ACTC?
For tax year 2020, The CAA allows taxpayers to use their 2019 earned income if it was higher than their 2020 earned income in calculating the Additional Child Tax Credit (ACTC) as well as the Earned Income Tax Credit (EITC).
Who are ArcLight Clean Transition's key executives?
ArcLight Clean Transition's management team includes the following people: Mr. John F. Erhard J.D. , Pres, CEO & Director (Age 46) Mr. Marco F....
Who are some of ArcLight Clean Transition's key competitors?
Some companies that are related to ArcLight Clean Transition include Brilliance China Automotive (BCAUY) , Federal Signal (FSS) , Proterra (PTRA...
What is ArcLight Clean Transition's stock symbol?
ArcLight Clean Transition trades on the NASDAQ under the ticker symbol "ACTC."
Who are ArcLight Clean Transition's major shareholders?
ArcLight Clean Transition's stock is owned by a variety of retail and institutional investors. Top institutional shareholders include CWM LLC (2.60%).
Which institutional investors are buying ArcLight Clean Transition stock?
ACTC stock was bought by a variety of institutional investors in the last quarter, including CWM LLC.
What is ArcLight Clean Transition's stock price today?
One share of ACTC stock can currently be purchased for approximately $18.09.
How much money does ArcLight Clean Transition make?
ArcLight Clean Transition (NASDAQ:ACTC) has a market capitalization of $627.51 million.
What is ArcLight Clean Transition's official website?
The official website for ArcLight Clean Transition is arclightclean.com .
How can I contact ArcLight Clean Transition?
The company can be reached via phone at 617-531-6300 or via email at [email protected] .
Bullish Points
Proterra has been building electric buses since 2004, and it reportedly has a 50% share of the North American market. Also positive for ACTC stock is the fact that, unlike many other EV makers, Proterra generates meaningful revenue; its 2020 top line is expected to come in at $193 million, and it has an impressive backlog of $750 million.
Budget Problems Can Weigh on ACTC Stock
Due to the Covid-19 pandemic, many cities and states are experiencing large budget shortfalls. Further, in the wake of the tough lockdowns generally imposed by Democratic mayors and governors, many of the worst-hit governments are heavily “blue” ones that would be most likely to put a great deal of money into buying electric buses.
The Bottom Line on ACTC Stock
As of Jan. 13, the shares reportedly had a market capitalization of $5.25 billion. That works out to about 27.5x the company’s expected 2020 revenue, making the shares rather expensive.
