AltC Acquisition (NYSE:ALCC) vs. Atlantica Sustainable Infrastructure (NASDAQ:AY) Financial Review

AltC Acquisition (NYSE:ALCC) and Atlantica Sustainable Infrastructure (NASDAQ:AY) are both oils/energy companies, but which is the better stock? We will compare the two businesses based on the strength of their profitability, analyst recommendations, dividends, valuation, risk, institutional ownership and earnings.

Analyst Recommendations

This is a summary of current recommendations and price targets for AltC Acquisition and Atlantica Sustainable Infrastructure, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
AltC Acquisition	0	0	0	0	N/A
Atlantica Sustainable Infrastructure	0	5	4	0	2.44

Atlantica Sustainable Infrastructure has a consensus price target of $23.67, indicating a potential upside of 18.33%. Given Atlantica Sustainable Infrastructure’s higher probable upside, analysts plainly believe Atlantica Sustainable Infrastructure is more favorable than AltC Acquisition.

Valuation and Earnings

This table compares AltC Acquisition and Atlantica Sustainable Infrastructure’s revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
AltC Acquisition	N/A	N/A	$11.87 million	N/A	N/A
Atlantica Sustainable Infrastructure	$1.10 billion	2.11	$43.38 million	$0.42	47.62

Atlantica Sustainable Infrastructure has higher revenue and earnings than AltC Acquisition.

Profitability

This table compares AltC Acquisition and Atlantica Sustainable Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
AltC Acquisition	N/A	-88.20%	2.56%
Atlantica Sustainable Infrastructure	4.43%	2.91%	0.55%

Risk & Volatility

AltC Acquisition has a beta of 0.04, indicating that its stock price is 96% less volatile than the S&P 500. Comparatively, Atlantica Sustainable Infrastructure has a beta of 0.97, indicating that its stock price is 3% less volatile than the S&P 500.

Insider and Institutional Ownership

85.0% of AltC Acquisition shares are owned by institutional investors. Comparatively, 40.5% of Atlantica Sustainable Infrastructure shares are owned by institutional investors. 21.8% of AltC Acquisition shares are owned by insiders. Comparatively, 0.1% of Atlantica Sustainable Infrastructure shares are owned by insiders. Strong institutional ownership is an indication that endowments, large money managers and hedge funds believe a stock is poised for long-term growth.

Summary

Atlantica Sustainable Infrastructure beats AltC Acquisition on 7 of the 10 factors compared between the two stocks.

About AltC Acquisition

AltC Acquisition Corp. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combination with one or more businesses. The company was formerly known as Churchill Capital Corp VIII and changed its name to AltC Acquisition Corp. in February 2021. AltC Acquisition Corp. was incorporated in 2021 and is based in New York, New York.

About Atlantica Sustainable Infrastructure

Atlantica Sustainable Infrastructure plc owns, manages, and invests in renewable energy, storage, natural gas and heat, electric transmission lines, and water assets in North America, South America, Europe, the Middle East, and Africa. The company was formerly known as Atlantica Yield plc and changed its name to Atlantica Sustainable Infrastructure plc in May 2020. Atlantica Sustainable Infrastructure plc was incorporated in 2013 and is based in Brentford, the United Kingdom.