Alliant Energy Corporation (NASDAQ: LNT) has reported E.P.S. of $1.15 for its third fiscal quarter (ending September 30) versus $1.02 for the same period a year ago — an increase of 13%. E.P.S. were $2.58 for the latest four quarters through September 30 versus $2.74 for the same period a year ago — a decline of -6%.
Recent Price Action
On 10/31/24, Alliant Energy Corporation (NASDAQ: LNT) stock increased 1.2%, closing at $60.00. Moreover, trading volume in this advance was exceptionally high at 249% of normal. The stock has been exceptionally strong relative to the market over the last nine months but has declined -3.1% during the last week.
Current PriceTarget Research Rating
LNT is expected to continue to be an important Value Builder reflecting capital returns that are forecasted to exceed the cost of capital.
Alliant Energy has a current Value Trend Rating of B (Positive). The Value Trend Rating reflects inconsistent signals from PTR’s two proprietary measures of a stock’s attractiveness. Alliant Energy has a neutral Appreciation Score of 55 but a very high Power Rating of 90, resulting in the Positive Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of B. This review will be completed in the next several days.
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