Alliant Energy Corp. (NASDAQ: LNT) is 8.28% higher on its value in year-to-date trading and has touched a low of $45.15 and a high of $56.26 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The LNT stock was last observed hovering at around $54.66 in the last trading session, with the day’s gains setting it 0.89%.
Currently trading at $55.55, the stock is 7.86% and 8.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.03 million and changing 1.63% at the moment leaves the stock 11.42% off its SMA200. LNT registered 4.22% gain for a year compared to 6-month loss of 10.48%.
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The stock witnessed a 11.46% gain in the last 1 month and extending the period to 3 months gives it a 17.19%, and is 6.83% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.84% over the week and 1.53% over the month.
Alliant Energy Corp. (LNT) has around 3281 employees, a market worth around $14.24B and $3.98B in sales. Current P/E ratio is 20.24 and Fwd P/E is 17.04. Profit margin for the company is 17.53%. Distance from 52-week low is 23.02% and -1.26% from its 52-week high. The company has generated returns on investments over the last 12 months (4.55%).
The EPS is expected to grow by 8.50% this year
The shares outstanding are 256.38M, and float is at 255.75M with Short Float at 2.32%.
Alliant Energy Corp. (LNT) Insider Activity
The most recent transaction is an insider purchase by Barton Lisa M, the company’s President and CEO. SEC filings show that Barton Lisa M bought 1,100 shares of the company’s common stock on Feb 20 ’24 at a price of $48.56 per share for a total of $53416.0. Following the purchase, the insider now owns 36444.0 shares.
Alliant Energy Corp. disclosed in a document filed with the SEC on Feb 20 ’24 that Sundararajan Raja (Executive Vice President) bought a total of 500 shares of the company’s common stock. The trade occurred on Feb 20 ’24 and was made at $48.26 per share for $24128.0. Following the transaction, the insider now directly holds 10556.0 shares of the LNT stock.