Alliant Energy Corporation (NASDAQ: LNT) has a price-to-earnings ratio that is above its average at 19.91x. and a 36-month beta value of 0.55. Opinions on the stock are mixed, with 4 analysts rating it as a “buy,” 2 as “overweight,” 7 as “hold,” and 0 as “sell.”
The average price predicted for Alliant Energy Corporation (LNT) by analysts is $54.22, which is $2.98 above the current market price. The public float for LNT is 252.29M, and at present, short sellers hold a 1.61% of that float. On September 20, 2023, the average trading volume of LNT was 1.43M shares.
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LNT) stock’s latest price update
Alliant Energy Corporation (NASDAQ: LNT) has experienced a decline in its stock price by -0.33 compared to its previous closing price of 52.19. However, the company has seen a gain of 2.56% in its stock price over the last five trading days. Zacks Investment Research reported 2023-08-25 that Alliant Energy (LNT) is expected to further benefit from its initiative to strengthen and expand its infrastructure. Clean assets will help serve its expanding customer base.
LNT’s Market Performance
Alliant Energy Corporation (LNT) has experienced a 2.56% rise in stock performance for the past week, with a 2.77% rise in the past month, and a -1.77% drop in the past quarter. The volatility ratio for the week is 1.14%, and the volatility levels for the past 30 days are at 1.44% for LNT. The simple moving average for the last 20 days is 2.63% for LNT’s stock, with a simple moving average of -2.32% for the last 200 days.
Analysts’ Opinion of LNT
Many brokerage firms have already submitted their reports for LNT stocks, with Barclays repeating the rating for LNT by listing it as a “Overweight.” The predicted price for LNT in the upcoming period, according to Barclays is $55 based on the research report published on September 18, 2023 of the current year 2023.
LNT Trading at 0.01% from the 50-Day Moving Average
After a stumble in the market that brought LNT to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -16.16% of loss for the given period.
Volatility was left at 1.44%, however, over the last 30 days, the volatility rate increased by 1.14%, as shares surge +3.46% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -0.04% lower at present.
During the last 5 trading sessions, LNT rose by +2.56%, which changed the moving average for the period of 200-days by -7.60% in comparison to the 20-day moving average, which settled at $50.77. In addition, Alliant Energy Corporation saw -5.78% in overturn over a single year, with a tendency to cut further losses.
Stock Fundamentals for LNT
Current profitability levels for the company are sitting at:
- +22.07 for the present operating margin
- +24.68 for the gross margin
The net margin for Alliant Energy Corporation stands at +16.31. The total capital return value is set at 6.39, while invested capital returns managed to touch 5.11. Equity return is now at value 10.40, with 3.20 for asset returns.
Based on Alliant Energy Corporation (LNT), the company’s capital structure generated 141.33 points at debt to equity in total, while total debt to capital is 58.56. Total debt to assets is 42.36, with long-term debt to equity ratio resting at 124.47. Finally, the long-term debt to capital ratio is 51.58.
When we switch over and look at the enterprise to sales, we see a ratio of 5.27, with the company’s debt to enterprise value settled at 0.39. The receivables turnover for the company is 8.80 and the total asset turnover is 0.21. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.53.
Conclusion
To sum up, Alliant Energy Corporation (LNT) has seen a mixed performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
