LNT stock: buy or sell?
September 20th, 2019
Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the Midwest region of the United States.
Should I buy LNT stock?You can't be a successful trader if you don't follow a methodolgy or system that assist you in choosing companies and the correct market timing. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
Currently, Alliant Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Alliant Energy stock a buy?
Everyday, hundreds of stock ratings are posted by financial analysts to indicate a particular stock's attractiveness.At Stocks2.com, we collected 6 ratings published for LNT stock in the last month.
|Date||Analyst / Broker||Previous rating||Current rating|
|2019-6-26||Bank of America||Neutral||Buy|
|2019-1-31||Bank of America||Underperform||Neutral|
|2019-1-30||Wells Fargo & Co||Market Perform||Outperform|
|2019-1-22||Wolfe Research||Underperform||Market Perform|
LNT stock analysis
Shares of Alliant Energy ended today at $53.18 and remained steady a neutral 0.13%.
Alliant Energy closed today at $53.18 and remained steady a neutral 0.13%. On Sep 4th, LNT hit a new all time high, pushing higher than on September/3 tops. Check different trading setups that use ATHs as triggers. On May LNT price bounced up over the SMA of 50 days demonstrating to be a significant support for this stock.
Shares of Alliant Energy soared a very good 2.96% this week.
Price pattern shows an uptrend with two rising tops and bottoms, and now trading upwards to the $53.87 resistance. Not so far away is the last all-time high Alliant Energy marked early September. By mid January LNT price bounced up over the SMA of 40 weeks that acted as support stopping new slides.
LNT stock price history
LNT stock historical price chart
LNT stock reached all-time highs on Sep/4 with a price of $53.87.
LNT stock price target is $52.00How much a stock will be priced tomorrow or next week is quite unpredictable However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. You should not follow the analysts' LNT stock price predictions in the hope that they will be met as they may be wrong and not met. We found 3 price forecasts for Alliant Energy stock released in the last month:
|Date||Analyst / Broker||Action||Previous target||Current target||Diff|
|2019-9-6||UBS Group||Raises Target||$49.00||$53.00||8.2%|
|2019-6-26||Bank of America||Upgrades||$50.00||$54.00||8%|
|2019-1-30||Wells Fargo & Co||Raises Target||$47.00||$49.00||4.3%|
Financials and fundamental analysis
Earnings date and Earnings per ShareAfter posting its last earnings report on February, Alliant Energy . Unfortunately, reported EPS is not yet available in our database.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual revenues report draw a fine increase of 4.50% to $3,534.50 million USD. When comparing 2018 vs 2017, by contrast, profit margin (that is, the net income divided by revenues) stayed constant a 0.95% to 14.78%.
|2013||$3,280 M||-||$382 M11.6%||-|
|2014||$3,350 M||2.14%||$393 M11.7%||2.93%|
|2015||$3,254 M||-2.89%||$388 M11.9%||-1.25%|
|2016||$3,320 M||2.04%||$382 M11.5%||-1.73%|
|2017||$3,382 M||1.87%||$468 M13.8%||22.48%|
|2018||$3,535 M||4.50%||$522 M14.8%||11.72%|
Quarterly financial resultsAlliant Energy posted $873.50 M in sales for 2018-Q4, a -5.93% less compared to previous quarter. Reported quarter income marked $87.80 million with a profit margin of 10.05%. Profit margin plunged a -12.36% compared to previous quarter when profit margin was 22.41%. When comparing revenues to same quarter last year, Alliant Energy sales marked a slightly good gain and grew a 2.03%.
|2017-Q1||$854 M||-||$102 M11.9%||-|
|2017-Q2||$765 M||-10.38%||$97 M12.6%||-4.72%|
|2017-Q3||$907 M||18.50%||$171 M18.9%||77.07%|
|2017-Q4||$856 M||-5.60%||$96 M11.2%||-43.82%|
|2018-Q1||$916 M||7.03%||$124 M13.5%||28.25%|
|2018-Q2||$816 M||-10.94%||$103 M12.6%||-16.68%|
|2018-Q3||$929 M||13.79%||$208 M22.4%||102.24%|
|2018-Q4||$874 M||-5.93%||$88 M10.1%||-57.81%|
Alliant Energy ownershipWhen you are planning to invest in shares of a company, it's worth to overview its ownership structure.
Alliant Energy shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 0.18% of all shares.
In case of Alliant Energy stock, 78.04% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for LNT stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Alliant Energy:
|Market cap||$12.6 B||$19.4 B||$4.5 B||$17.9 B||$24.2 B|
|Total shares||237.5 M||245.8 M||51.7 M||283.8 M||183.3 M|
|Float shares||237.0 M||244.5 M||51.4 M||281.9 M||181.9 M|
|- Institutional holdings (%)||78.0%||74.4%||71.5%||94.5%||74.2%|
|- Insider holdings (%)||0.2%||0.4%||0.6%||0.6%||0.6%|
|Shares in short selling||0.0%||0.0%||0.0%||0.0%||0.0%|
|Friday, September 20th, 2019|
|Day range||$52.60 - $53.45|
|Average true range||$0.85|
|50d mov avg||$51.19|
|100d mov avg||$49.69|
|200d mov avg||$46.97|
Alliant Energy performancePerformance as an absolute value is never valid if it's not benchmarked against competitors or related stocks in the industry. For Alliant Energy, the comparison is made against Ameren, Allete, CMS Energy, DTE Energy, Duke Energy, , MGE Energy, WEC Energy and Xcel Energy.