More about Alliant Energy Corporation
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Fundamentals for Alliant Energy Corporation
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Fundamentals for Alliant Energy Corporation
Business Operations:
Sector: UtilitiesIndustry: Utilities - Regulated Electric
Alliant Energy Corporation operates as a utility holding company that provides regulated electric and natural gas services in the United States. It operates through IPL and WPL segments. The company's IPL segment engages primarily in the generation and distribution of electricity and the distribution and transportation of natural gas to retail customers in select markets in Iowa. This segment also sells electricity to wholesale customers in Minnesota, Illinois and Iowa; and generates and distributes steam for two customers in Cedar Rapids, Iowa. Its WPL segment generates and distributes electricity, and distributes and transports natural gas to retail customers in select markets in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation is headquartered in Madison, Wisconsin.
Revenue projections:
Investors may be wary of LNT as its revenues are expected to fall below the prior year's levels. A revenue decrease often leads to concerns about profitability, as it is likely to affect the company's bottom line, prompting investors to take a more cautious approach.
Financial Ratios:
| currentRatio | 0.688000 |
|---|---|
| forwardPE | 20.798897 |
| debtToEquity | 159.526000 |
| earningsGrowth | 0.049000 |
| revenueGrowth | 0.050000 |
| grossMargins | 0.452240 |
| operatingMargins | 0.210300 |
| trailingEps | 3.180000 |
| forwardEps | 3.684330 |
LNT's current ratio of 0.688 signals that the company may not have sufficient cash reserves and current assets to cover short-term debt. This suggests potential liquidity problems and could raise concerns about the company's ability to meet its immediate financial commitments.
LNT's Forward PE is in a favorable range, suggesting the stock is reasonably priced relative to its earnings. This indicates the stock is not overpriced, providing room for potential growth and making it an attractive option for investors looking for solid value and future upside.
LNT's high debt-to-equity ratio indicates the company is using significant leverage, relying more on debt to finance its operations. This can lead to higher risk, especially if profitability falters or economic conditions worsen.
Positive gross and operating margins for Alliant Energy Corporation highlight the company's profitability. These metrics reflect Alliant Energy Corporation's efficiency in controlling costs while generating strong revenue from its core operations, signaling robust financial health.
Alliant Energy Corporation's forward EPS being higher than its trailing EPS indicates that the company is expected to achieve greater profitability this financial year. This suggests improving earnings and a stronger financial position compared to the previous year's performance.
Price projections:
LNT's price has consistently hovered near the lower end of price projections. This trend suggests that the stock is underperforming relative to analyst expectations, indicating a potential lack of momentum for upward movement in the near future.
Recommendation changes over time:
The analysts' recent buy bias for Alliant Energy Corporation indicates strong confidence in the stock's future performance. This could encourage more investors to view Alliant Energy Corporation as a worthwhile investment, positioning the company as a top choice for those seeking financial security and long-term growth opportunities.
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