On Tuesday, Alliant Energy Corp (NASDAQ: LNT) opened lower -1.11% from the last session, before settling in for the closing price of $61.95. Price fluctuations for LNT have ranged from $51.23 to $66.54 over the past 52 weeks.
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Annual sales at Utilities sector company grew by 2.84% over the past five years. Company’s average yearly earnings per share was noted 5.69% at the time writing. With a float of $256.25 million, this company’s outstanding shares have now reached $256.53 million.
Let’s look at the performance matrix of the company that is accounted for 2998 employees. In terms of profitability, gross margin is 45.01%, operating margin of 22.58%, and the pretax margin is 14.54%.
Alliant Energy Corp (LNT) Insider and Institutional Ownership
A key investor’s attitude towards the stock of the Utilities – Regulated Electric industry is another important factor to consider. The insider ownership of Alliant Energy Corp is 0.25%, while institutional ownership is 82.79%.
Alliant Energy Corp (LNT) Latest Financial update
Wall Street market experts anticipate that the next fiscal year will bring earnings of 1.12 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 5.69% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 6.61% during the next five years compared to 2.84% growth over the previous five years of trading.
Alliant Energy Corp (NASDAQ: LNT) Trading Performance Indicators
Check out the current performance indicators for Alliant Energy Corp (LNT). In the past quarter, the stock posted a quick ratio of 0.24. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.86.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.90, a number that is poised to hit 0.64 in the next quarter and is forecasted to reach 3.44 in one year’s time.
Technical Analysis of Alliant Energy Corp (LNT)
Alliant Energy Corp (NASDAQ: LNT) saw its 5-day average volume 2.32 million, a positive change from its year-to-date volume of 2.01 million. As of the previous 9 days, the stock’s Stochastic %D was 77.14%.
During the past 100 days, Alliant Energy Corp’s (LNT) raw stochastic average was set at 44.13%, which indicates a significant decrease from 63.57% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 0.87 in the past 14 days, which was lower than the 1.18 volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $61.17, while its 200-day Moving Average is $60.90. Nevertheless, the first resistance level for the watch stands at $61.70 in the near term. At $62.14, the stock is likely to face the second major resistance level. The third major resistance level sits at $62.57. If the price goes on to break the first support level at $60.83, it is likely to go to the next support level at $60.40. The third support level lies at $59.96 if the price breaches the second support level.
Alliant Energy Corp (NASDAQ: LNT) Key Stats
There are currently 256,876K shares outstanding in the company with a market cap of 15.74 billion. Presently, the company’s annual sales total 3,981 M according to its annual income of 690,000 K. Last quarter, the company’s sales amounted to 1,128 M and its income totaled 213,000 K.
