Alliant Energy Corporation ( LNT) Stock. Should you Buy or Sell? $ 63.07
0.23 (0.36 %)
Alliant Energy Corporation Analysis
Updated on 10-09-2022| Symbol | LNT |
| Price | $63.07 |
| Beta | 0.463 |
| Volume Avg. | $1.31 M |
| Market Cap | $15.83 B |
| 52 Week Range | $54.2 - $65.37 |
Alliant Energy Corporation opened the day at $63.07 which is +'0.36 % on yesterday's close. Alliant Energy Corporation has a 52 week high of $65.37 and 52 week low of $54.2, which is a difference of $11.17. We like to see positive, upward trending shares, preferably with momentum. Market capitalization is $15.83 B and total net profit is $3669000000 which means the company is trading at 4.31 times profit to market capitalization. Theoretically, if you were to buy Alliant Energy Corporation for $15.83 B, it would take 15 years to get your money back. Alliant Energy Corporation are in the Utilities—Regulated Electric space which will have a sweet spot and industry standard for net profit multiples.
Price Chart
Financials
Alliant Energy Corporation Stock Forecast - Is Alliant Energy Corporation a Buy or Sell?
| DCF Score | Strong Buy | |
| ROE Score | Neutral | |
| ROA Score | Neutral | |
| DE Score | Strong Buy | |
| PE Score | Strong Buy | |
| PB Score | Strong Buy | |
| Overall Recommendation | Strong Buy |
Growth and Value
| PE Ratio | 22.769 |
| Dividend Yiel | 0.027 |
| Net Profit Margin | 0.178 |
Valuing Alliant Energy Corporation
| Price Book Value Ratio | 2.579 | Price To Book Ratio | 2.579 |
| Price To Sales Ratio | 3.994 | Price Earnings Ratio | 22.446 |
How liquid is Alliant Energy Corporation
| Current Ratio | 0.575 |
| Quick Ratio | 0.224 |
Debt
| Debt Ratio | 0.682 | Debt Equity Ratio | 2.155 |
| Long Term Debt To Capitalization | 0.532 | Total Debt To Capitalization | 0.569 |
Latest news about Alliant Energy Corporation
We have narrowed our search to five utility stocks with growth potential for the rest of 2022. These are: NEE, SO, ATO, ETR and LNT.
Alliant Energy Corporation (NASDAQ:LNT ) Q2 2022 Earnings Conference Call August 5, 2022 10:00 AM ET Company Participants Zach Fields – Investor Relations John Larsen – Chair, President and Chief Executive Officer Robert Durian – Executive Vice President and Chief Financial Officer Conference Call Participants Michael Sullivan – Wolfe Research Andrew Weisel – Scotiabank Operator Good morning, and welcome to Alliant Energy's Conference Call for Second Quarter 2022 Results. This call is being recorded for rebroadcast.
Alliant Energy's (LNT) second-quarter earnings are better than expected. The company continues to add more electric and natural gas customers to its existing customer base.
PPL's second-quarter earnings beat estimates. PPL benefits from the improved results of the Kentucky and Pennsylvania Regulated segments.
Alliant Energy's (LNT) second-quarter results are likely to reflect the benefits of the higher demand from the residential and commercial groups.
About Alliant Energy Corporation
Description :
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services. It operates through three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. As of December 31, 2021, IPL supplied electric and natural gas service to approximately 500,000 and 225,000 retail customers respectively; and WPL supplied electric and natural gas service to approximately 485,000 and 200,000 retail customers, respectively. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, and packaging and food industries. In addition, the company owns and operates a short-line rail freight service in Iowa; a barge, rail, and truck freight terminal on the Mississippi River; and a rail-served warehouse in Iowa, as well as offers freight brokerage services. Further, it holds interests in a 347 megawatt (MW) natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a 225 MW wind farm located in Oklahoma. The company was incorporated in 1981 and is headquartered in Madison, Wisconsin.
