Head-To-Head Contrast: AltC Acquisition (NYSE:ALCC) vs. Atlantica Sustainable Infrastructure (NASDAQ:AY)

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

Institutional & Insider 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 large money managers, endowments and hedge funds believe a company is poised for long-term growth.

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%

Earnings and Valuation

This table compares AltC Acquisition and Atlantica Sustainable Infrastructure’s top-line revenue, earnings per share 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	2.10	$43.38 million	$0.42	47.41

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

Analyst Recommendations

This is a summary of current recommendations for AltC Acquisition and Atlantica Sustainable Infrastructure, as reported by MarketBeat.

	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 18.87%. Given Atlantica Sustainable Infrastructure’s higher possible upside, analysts plainly believe Atlantica Sustainable Infrastructure is more favorable than AltC Acquisition.

Volatility & Risk

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

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.