Beyond market averages, investors looking for exceptional returns turn to stock picking. Skillful choices in individual stocks have the power to substantially increase your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
As of close of business last night, Alliant Energy Corp.’s stock clocked out at $51.08, up 1.23% from its previous closing price of $50.46. In other words, the price has increased by $1.23 from its previous closing price. On the day, 1.03 million shares were traded. LNT stock price reached its highest trading level at $51.125 during the session, while it also had its lowest trading level at $50.335.
Ratios:
To gain a deeper understanding of LNT’s stock, we examine its different ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.56. In the meantime, Its Debt-to-Equity ratio is 1.42 whereas as Long-Term Debt/Eq ratio is at 1.25.
On January 02, 2024, Barclays Downgraded its rating to Equal Weight which previously was Overweight and also upped its target price recommendation from $50 to $53.
Scotiabank Upgraded its Sector Perform to Sector Outperform on October 16, 2023, whereas the target price for the stock was revised from $60 to $59.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Feb 20 ’24 when Barton Lisa M bought 1,100 shares for $48.56 per share. The transaction valued at 53,416 led to the insider holds 36,444 shares of the business.
Sundararajan Raja bought 500 shares of LNT for $24,128 on Feb 20 ’24. The Executive Vice President now owns 10,556 shares after completing the transaction at $48.26 per share.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, LNT now has a Market Capitalization of 13095839744 and an Enterprise Value of 22730840064. As of this moment, Alliant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.61, and their Forward P/E ratio for the next fiscal year is 15.67. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.95. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.29 while its Price-to-Book (P/B) ratio in mrq is 1.92. Its current Enterprise Value per Revenue stands at 5.71 whereas that against EBITDA is 14.066.
Stock Price History:
The Beta on a monthly basis for LNT is 0.55, which has changed by -0.026676834 over the last 52 weeks, in comparison to a change of 0.23200047 over the same period for the S&P500. Over the past 52 weeks, LNT has reached a high of $56.26, while it has fallen to a 52-week low of $45.15. The 50-Day Moving Average of the stock is 1.17%, while the 200-Day Moving Average is calculated to be 2.58%.
Shares Statistics:
It appears that LNT traded 1.54M shares on average per day over the past three months and 1717060 shares per day over the past ten days. A total of 256.38M shares are outstanding, with a floating share count of 255.75M. Insiders hold about 0.25% of the company’s shares, while institutions hold 80.30% stake in the company. Shares short for LNT as of 1718323200 were 4841080 with a Short Ratio of 3.14, compared to 1715731200 on 5179691. Therefore, it implies a Short% of Shares Outstanding of 4841080 and a Short% of Float of 2.16.
Dividends & Splits
With its trailing 12-month dividend rate of 1.838, LNT has a forward annual dividend rate of 1.87. Against a Trailing Annual Dividend Yield of 0.036424894The stock’s 5-year Average Dividend Yield is 3.03. The current Payout Ratio is 65.22% for LNT, which recently paid a dividend on 2024-04-29 with an ex-dividend date of 1714348800. Stock splits for the company last occurred on 2016-05-20 when the company split stock in a 2:1 ratio.
