Alliant Energy Corporation (NASDAQ: LNT) has a higher price-to-earnings ratio of 20.36x compared to its average ratio. compared to its average ratio and a 36-month beta value of 0.55.
The public float for LNT is 250.65M, and currently, short sellers hold a 1.68% ratio of that float. The average trading volume of LNT on June 15, 2023 was 1.53M shares.
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LNT) stock’s latest price update
Alliant Energy Corporation (NASDAQ: LNT)’s stock price has increased by 0.09 compared to its previous closing price of 53.08. However, the company has seen a -0.51% decrease in its stock price over the last five trading sessions.
LNT’s Market Performance
LNT’s stock has fallen by -0.51% in the past week, with a monthly drop of -1.61% and a quarterly rise of 0.06%. The volatility ratio for the week is 1.19% while the volatility levels for the last 30 days are 1.70% for Alliant Energy Corporation The simple moving average for the last 20 days is 1.52% for LNT stock, with a simple moving average of -2.18% for the last 200 days.
Analysts’ Opinion of LNT
Many brokerage firms have already submitted their reports for LNT stocks, with BMO Capital Markets repeating the rating for LNT by listing it as a “Outperform.” The predicted price for LNT in the upcoming period, according to BMO Capital Markets is $56 based on the research report published on May 30th of the current year 2023.
LNT Trading at -1.21% 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 -17.78% of loss for the given period.
Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.19%, as shares sank -0.26% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.78% upper at present.
During the last 5 trading sessions, LNT fell by -0.51%, which changed the moving average for the period of 200-days by -14.68% in comparison to the 20-day moving average, which settled at $52.33. In addition, Alliant Energy Corporation saw -3.77% 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 10.50, with 3.30 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.
To put it simply, Alliant Energy Corporation (LNT) has had a bad performance in recent times. Analysts have a mixed opinion on the stock, with some rating 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.