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In the latest session, Alliant Energy Corp. (NASDAQ: LNT) closed at $52.00 up 0.64% from its previous closing price of $51.67. In other words, the price has increased by $0.64 from its previous closing price. On the day, 1.54 million shares were traded. LNT stock price reached its highest trading level at $52.115 during the session, while it also had its lowest trading level at $51.46.
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 0.40 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:
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 13331707904 and an Enterprise Value of 22966710272. As of this moment, Alliant’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.95, and their Forward P/E ratio for the next fiscal year is 15.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.01. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.35 while its Price-to-Book (P/B) ratio in mrq is 1.95. Its current Enterprise Value per Revenue stands at 5.769 whereas that against EBITDA is 14.212.
Stock Price History:
The Beta on a monthly basis for LNT is 0.56, which has changed by -0.042004406 over the last 52 weeks, in comparison to a change of 0.24919295 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 2.41%, while the 200-Day Moving Average is calculated to be 4.46%.
Shares Statistics:
For the past three months, LNT has traded an average of 1.51M shares per day and 1401010 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 80.35% stake in the company. Shares short for LNT as of 1718323200 were 4841080 with a Short Ratio of 3.21, 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
According to the company, the forward annual dividend rate for LNT is 1.86, from 1.838 in the trailing year. Against a Trailing Annual Dividend Yield of 0.0355719The stock’s 5-year Average Dividend Yield is 3.04. 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.
