Alliant Energy Corporation (LNT) is an interesting player in the Utilities space, with a focus on Electric Utilities. The stock has been active on the tape, currently trading at $41.02, up from yesterday’s close by 0.66%. Given the stock’s recent action, it seemed like a good time to take a closer look at the company’s recent data.Fundamental Analysis
Alliant Energy Corporation (LNT) currently trades with a market capitalization of $9.56 Billion. That value represents a market adjusting for revenues that have been growing by 7.42 % on a quarterly year/year basis as of the company’s last quarterly report.
You can get a sense of how sustainable that is by a levered free cash flow of -$483.5 Million over the past twelve months. Generally speaking, earnings are expected to fall in coming quarters. Analysts are forecasting earnings of $0.53 on a per share basis this quarter. Perhaps, that suggests something about why 0.29% of the outstanding share supply is held by institutional investors.
Sometimes, we can understand most about a stock by simply looking at how it has been trading. Looking at the stock’s movement on the chart, Alliant Energy Corporation recorded a 52-week high of $45.55. It is now trading 4.53% off that level. The stock is trading $39.35 its 50-day moving average by -1.67%. The stock carved out a 52-week low down at $36.84.
In recent action, Alliant Energy Corporation (LNT) has made a move of +4.38% over the past month, which has come on Strong relative transaction volume. Over the trailing year, the stock is underperforming the S&P 500 by 14.08, and it’s gotten there by action that has been less volatile on a day-to-day basis than most other stocks on the exchange. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 3.48% with $230.87 Million sitting short, betting on future declines. That suggests something of the likelihood of a short squeeze in shares of LNT.