Analyst Ratings for Alliant Energy Corp. (LNT)Updated: 2017-07-26
Shares of Alliant Energy Corp. (NYSE:LNT) have received a consensus rating of Overweight from Wall Street analysts. About 30 days ago, LNT was issued an average rating of Overweight.
3 analysts declared LNT a buy, 0 gave an overweight rating, 8 gave a hold rating, 0 issued an underweight rating, and 0 issued a sell rating. Today, there are 0 more analysts optimistic about the company future as compared with 90 days ago. During this time, the number of analysts bearish on the stock has increased by 0.
LNT was given price targets by several analysts. The maximum price target given was 45, which equates to a potential upside of 10.62 percent. The most pessimistic analyst gave a price target of 35, implying a possible loss of -13.96 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of 1.53 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is 1.53 percent. Over the past 30 days, FY earnings estimates have also changed upwards by 0 percent. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes 0 percent.
People are often interested in whether analysts were united in the direction of their revisions. Over the past month, 1 analysts increased their quarterly estimates, while 2 analysts revised their estimates downwards. During this time, 2 analysts made positive revisions in their estimates for this fiscal year's earnings, while 0 analysts made negative revisions to their fiscal year's estimates.
Analysts estimate earnings of LNT to grow at a rate of 20.99 percent. It's possible to gain additional insight about growth valuation of a company by looking at the PEG ratio. A lower PEG ratio is favorable, as that can indicate whether the high price level of a stock is warranted by high growth. Wall Street investors typically prefer a PEG ratio to be smaller than 1, even though it may be more relevant to compare the ratio to that of a firm's competitors. LNT has a PEG ratio of 1.17.
In the trailing 52-weeks, LNT hit 42.19 at the highest peak, while it's lowest trading point was 34.88. The current market price is above the trailing year's low by 16.63 percent, and below the high by 3.58 percent. LNT has a price/earnings ratio of 24.5. Investors typically compare the P/E ratio to a company's peers in the industry. The LNT value stock report compares LNT to some of its peers using value stock charts. The market cap of LNT is $9.24 billion. LNT will post this quarters earnings in days, on 0000-00-00.