A new trading day began on Friday, with Alliant Energy Corp (NASDAQ: LNT) stock price down -0.29% from the previous day of trading, before settling in for the closing price of $58.51. LNT’s price has ranged from $46.80 to $64.19 over the past 52 weeks.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Utilities sector was 2.86%. Meanwhile, its annual earnings per share averaged 7.64%. With a float of $255.98 million, this company’s outstanding shares have now reached $256.24 million.
Considering the fact that the conglomerate employs 3281 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 30.75%, operating margin of 22.89%, and the pretax margin is 14.04%.
Alliant Energy Corp (LNT) Breakdown of a Key Holders of the stock
As we move forward, let’s examine how large-scale investors are investing in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Alliant Energy Corp is 0.24%, while institutional ownership is 81.06%. The most recent insider transaction that took place on Feb 20 ’24, was worth 53,416. In this transaction President and CEO of this company bought 1,100 shares at a rate of $48.56, taking the stock ownership to the 36,444 shares. Before that another transaction happened on Feb 20 ’24, when Company’s Executive Vice President bought 500 for $48.26, making the entire transaction worth $24,128. This insider now owns 10,556 shares in total.
Alliant Energy Corp (LNT) Recent Fiscal highlights
According to the Wall Street analysts, stocks earnings will be around 7.64% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 7.00% during the next five years compared to 4.83% growth over the previous five years of trading.
Alliant Energy Corp (NASDAQ: LNT) Trading Performance Indicators
Here are Alliant Energy Corp’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.72. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.76.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.58, a number that is poised to hit 0.70 in the next quarter and is forecasted to reach 3.22 in one year’s time.
Technical Analysis of Alliant Energy Corp (LNT)
Compared to the last year’s volume of 1.22 million, its volume of 1.06 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 30.37%. Additionally, its Average True Range was 0.92.
During the past 100 days, Alliant Energy Corp’s (LNT) raw stochastic average was set at 29.60%, which indicates a significant increase from 14.75% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.07% in the past 14 days, which was lower than the 16.90% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $60.31, while its 200-day Moving Average is $55.64. Nevertheless, the first resistance level for the watch stands at $58.63 in the near term. At $58.92, the stock is likely to face the second major resistance level. The third major resistance level sits at $59.12. If the price goes on to break the first support level at $58.14, it is likely to go to the next support level at $57.94. Now, if the price goes above the second support level, the third support stands at $57.65.
Alliant Energy Corp (NASDAQ: LNT) Key Stats
With a market capitalization of 14.93 billion, the company has a total of 256,599K Shares Outstanding. Currently, annual sales are 4,027 M while annual income is 703,000 K. The company’s previous quarter sales were 1,081 M while its latest quarter income was 295,000 K.
