For its fourth fiscal quarter (ending December 31), ALLETE Inc. (NYSE: ALE) has reported a -1% decline in E.P.S. from $0.89 a year ago to $0.88 in the current quarter. This performance was $-0.20 short of the consensus estimate of $1.08. E.P.S. were $3.11 for the latest four quarters through December 31 versus $4.31 for the same period a year ago — a decline of -28%.
Recent Price Action
On 2/13/25, ALLETE Inc. (NYSE: ALE) stock declined slightly by -0.03%, closing at $65.89. However, normal trading volume at 83% of normal accompanied the decline. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
ALLETE has a current Value Trend Rating of B (Positive). This rating combines inconsistent signals from two proprietary PTR measures of a stock’s attractiveness. ALLETE has a neutral Power Rating of 59 but a good Appreciation Score of 71, triggering 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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