LNT stock: buy or sell?

LNT stock price: $46.38 0.76% At close on May 22nd, 2020

Updated on:
May 22nd, 2020

2

Alliant Energy shares stepped up 0.76% to $46.38 on Friday.

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?

Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. That's why is so important to define your own trading plan that matches with your character as inversor. There are thousands of trading strategies for you to choose, but at Stocks2.com we prefer those that are simple but successful.

Currently, Alliant Energy stock doesn't match any of these trading strategies, so our recommendation is not to buy.

Buy setupElegible
New all-time highNo
New 52 week highNo
Price crossing up 200d MANo
100d MA crossing up 200d MANo
This doesn't mean LNT will fall in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems.

Is Alliant Energy stock a buy?

Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness. Unfortunately, we couldn't find any rating for LNT stock for the last 30 days.

LNT stock analysis

Daily outlook

Alliant Energy closed on Friday at $46.38 and stepped up a slightly fine 0.76%.

Alliant Energy shares stepped up 0.76% to $46.38 on Friday. On February, LNT hit new all time highs, pushing higher previous ATH of $59.33 recorded on February. New ATHs are usual entry points for many trading setups as there aren't higher resistences.

LNT stock chart (daily)

Weekly outlook

Shares of Alliant Energy raised a slightly fine 0.94% this week. Early April LNT skyrocketed an exceptional 15.04% in just one week. Late April LNT plunged a chilling -5.76% in just one week.

Weekly chart tells us that price is in a simple uptrend, tested $44.36 level and now climbing back aiming its last top at $54.04. Not so far away is the last price record Alliant Energy marked by mid February, but since then it dropped a 22.48%. Since late April, when LNT stock price broke down the 40-weeks moving avarage line, it slid $-6.09 per share (-11.61%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.

LNT stock chart (weekly)

LNT stock price history

LNT stock historical price chart

LNT stock reached all-time highs on February with a price of $59.83.

LNT stock price target

How much a stock will be priced tomorrow or next week is quite unpredictable However, many stock price predictions are published every day by banks, financial institutions and independent analysts. We do not recommend to follow these stock price predictions without a critical thinking from your side, as their accuracy is usually low. For the last month we have not detected any price forecast for Alliant Energy stock by any trusted analyst.

Financials and fundamental analysis

Earnings date and Earnings per Share

After posting its last earnings report , Alliant Energy . As soon as we get its actual EPS from the earnings report, we will update this review.
LNT earnings date and EPS evolution
QuarterReporting dateEstimated EPSActual EPSSurprise
2017-Q1-n/a0.43n/a
2017-Q2-n/a0.41n/a
2017-Q32017-11-020.860.75-12.8%
2017-Q42018-02-220.380.33-13.2%
2018-Q12018-05-020.510.522.0%
2018-Q22018-08-020.460.43-6.5%
2018-Q32018-11-060.840.851.2%
2018-Q42019-02-210.360.360.0%
2019-Q1-n/an/an/a
2019-Q2-n/an/an/a

Annual financial results

Compared to 2017, last anual sales report draw a nice gain of 4.50% to $3,534.50 million dollars. By contrast, its income margin (compared to sales) remained stable to 14.78%, that is $522.30 million.

LNT annual Sales and Income evolution
YearSalesYoYIncome/(margin)YoY
2013$3,280 M-$382 M11.6%-
2014$3,350 M2.14%$393 M11.7%2.93%
2015$3,254 M-2.89%$388 M11.9%-1.25%
2016$3,320 M2.04%$382 M11.5%-1.73%
2017$3,382 M1.87%$468 M13.8%22.48%
2018$3,535 M4.50%$522 M14.8%11.72%

Quarterly financial results

Alliant Energy reported $873.50 M in revenues for 2018-Q4, a -5.93% less compared to previous quarter. Reported quarter earnings marked $87.80 M with a profit margin of 10.05%. Profit margin plummed 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 tiny increase and grew a 2.03%.
LNT quarterly Sales and Income evolution
QuarterSales1QoQ2Income1/(margin)QoQ2
2017-Q1$854 M-$102 M11.9%-
2017-Q2$765 M-10.38%$97 M12.6%-4.72%
2017-Q3$907 M18.50%$171 M18.9%77.07%
2017-Q4$856 M-5.60%$96 M11.2%-43.82%
2018-Q1$916 M7.03%$124 M13.5%28.25%
2018-Q2$816 M-10.94%$103 M12.6%-16.68%
2018-Q3$929 M13.79%$208 M22.4%102.24%
2018-Q4$874 M-5.93%$88 M10.1%-57.81%

Alliant Energy ownership

When you are planning to invest in shares of a stock, it's worth to overview its ownership structure.

Management staff in all public traded companies that hold equity is required to report every transaction to the SEC. For Alliant Energy, 0.18% of all outstanding shares are owned by its staff.

In case of Alliant Energy stock, 77.55% 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.

For a better context understanding, the next table shows ownership data compared to other related companies:

LNT
Market cap$11.6 B
Total shares249.5 M
Float shares249.1 M
  - Institutional holdings (%)77.5%
  - Insider holdings (%)0.2%
Shares in short selling0.0%

LNT summary

Friday, May 22nd, 2020
Open$46.10
Close$46.38
Day range$45.96 - $46.41
Previous close$46.03
Session gain0.76%
Average true range$1.38
50d mov avg$47.84
100d mov avg$52.05
200d mov avg$51.97
Daily pattern
Weekly pattern lb01a

Alliant Energy performance

To measure stock performance is always good to compare with competitors or related stocks. For Alliant Energy, the benchmark is made against .
Stock3m6m12m
LNTAlliant Energy-20.99%-11.91%-2.11%

Alliant Energy competitors

Unfortunately, we could not find any public company that could be defined as Alliant Energy competitor. This doesn't mean Alliant Energy does not have any competitor in the market, it's just we could not detected it.