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In the latest session, Alliant Energy Corp (NASDAQ: LNT) closed at $57.00 down -1.93% from its previous closing price of $58.12. In other words, the price has decreased by -$1.93 from its previous closing price. On the day, 2.44 million shares were traded. LNT stock price reached its highest trading level at $57.56 during the session, while it also had its lowest trading level at $56.27.
Ratios:
For a deeper understanding of Alliant Energy Corp’s stock, let’s take a closer look at its various ratios. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.86. In the meantime, Its Debt-to-Equity ratio is 1.53 whereas as Long-Term Debt/Eq ratio is at 1.33.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on September 20, 2024, initiated with a Hold rating and assigned the stock a target price of $67.
On August 13, 2024, Ladenburg Thalmann Upgraded its rating to Buy which previously was Neutral and also upped its target price recommendation from $50 to $62.50.
BMO Capital Markets Downgraded its Outperform to Market Perform on January 11, 2024, while the target price for the stock was maintained at $55.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 14916159488 and an Enterprise Value of 24478154752. As of this moment, Alliant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 22.13, and their Forward P/E ratio for the next fiscal year is 17.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.46. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.69 while its Price-to-Book (P/B) ratio in mrq is 2.10. Its current Enterprise Value per Revenue stands at 6.172 whereas that against EBITDA is 14.953.
Stock Price History:
Over the past 52 weeks, LNT has reached a high of $62.49, while it has fallen to a 52-week low of $46.80. The 50-Day Moving Average of the stock is -4.77%, while the 200-Day Moving Average is calculated to be 6.98%.
Shares Statistics:
For the past three months, LNT has traded an average of 1.29M shares per day and 1818710 over the past ten days. A total of 256.60M shares are outstanding, with a floating share count of 255.98M. Insiders hold about 0.24% of the company’s shares, while institutions hold 80.83% stake in the company. Shares short for LNT as of 1728950400 were 6811216 with a Short Ratio of 5.29, compared to 1726185600 on 7147425. Therefore, it implies a Short% of Shares Outstanding of 6811216 and a Short% of Float of 3.04.
Dividends & Splits
According to the company, the forward annual dividend rate for LNT is 1.92, from 1.893 in the trailing year. Against a Trailing Annual Dividend Yield of 0.032570545The stock’s 5-year Average Dividend Yield is 3.08.
