Allete Inc.
| NYSE: ALE | Utilities / Utilities - Regulated / USA |
| 55.11 | -0.5700 | -1.02% | Vol 373.08K | 1Y Perf -16.02% |
| Nov 29th, 2023 16:00 DELAYED |
| BID | 54.10 | ASK | 56.76 | ||
| Open | 55.81 | Previous Close | 55.68 | ||
| Pre-Market | - | After-Market | - | ||
| - -% | - - |
| Target Price | 65.75 | Analyst Rating | Moderate Sell 3.60 | |
| Potential % | 19.31 | Finscreener Ranking | ★+ 44.17 | |
| Insiders Trans % 3/6/12 mo. | -/-/-100 | Value Ranking | ★★ 46.01 | |
| Insiders Value % 3/6/12 mo. | -/-/-100 | Growth Ranking | ★+ — 41.39 | |
| Insiders Shares Cnt. % 3/6/12 mo. | -/-/-100 | Income Ranking | ★+ 36.73 | |
| Price Range Ratio 52W % | 32.05 | Earnings Rating | Sell | |
| Market Cap | 3.17B | Earnings Date | 2nd Nov 2023 | |
| Alpha | -0.01 | Standard Deviation | 0.07 | |
| Beta | 0.74 |
Today's Price Range 54.9056.18 | 52W Range 49.2967.45 | 5 Year PE Ratio Range 13.4026.20 |
Summary:
Neutral
| Technical Indicators: | Neutral |
| Moving Averages: | Sell |
| Performance | |||
|---|---|---|---|
| 1 Week | 0.02% | ||
| 1 Month | 3.84% | ||
| 3 Months | -0.65% | ||
| 6 Months | -8.06% | ||
| 1 Year | -16.02% | ||
| 3 Years | -2.01% | ||
| 5 Years | -32.28% | ||
| 10 Years | 20.99% |
| Mngmt Effectiveness | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
ROE (5Y Avg) | 4.85 | |||
ROE last 12 Months | 8.55 | |||
ROA (5Y Avg) | 1.65 | |||
ROA last 12 Months | 3.26 | |||
ROC (5Y Avg) | 5.24 | |||
ROC last 12 Months | 5.39 | |||
Return on invested Capital Q | 0.96 | |||
Return on invested Capital Y | 1.69 | |||
Assets Turnover | 0.20 | |||
Receivables Turnover | 10.00 |
| Valuation | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 17.80 | ||||
| 1.39 | ||||
| 3.26 | ||||
| 26.60 | ||||
| -11.00 | ||||
| 2.46 | ||||
| 1.48 | ||||
| 46.93 | ||||
| 5.67B | ||||
| Forward PE | 13.45 | |||
| PEG | 2.20 |
| Financial Strength | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 0.20 | ||||
| 1.00 | ||||
| 0.38 | ||||
| 0.74 | ||||
| 2.60 | ||||
| Leverage Ratio | 2.60 |
| Profitability | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 29.50 | ||||
| 12.30 | ||||
| 28.40 | ||||
| 11.80 | ||||
| 8.22 |
| Revenue | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 1.14B | ||||
| 20.03 | ||||
| -0.01 | ||||
| -1.18 |
| Dividends | Value | Industry | S&P 500 | US Markets |
|---|---|---|---|---|
| 3.98 | ||||
| 2.60 | ||||
| 3.37 | ||||
| 3.94 | ||||
| Payout ratio | 81.00 |
| Earnings History | Estimate | Reported | Surprise % |
|---|---|---|---|
| Q03 2023 | 0.61 | 1.49 | 144.26 |
| Q02 2023 | 0.78 | 0.90 | 15.38 |
| Q01 2023 | 1.19 | 1.02 | -14.29 |
| Q04 2022 | 1.11 | 0.90 | -18.92 |
| Q03 2022 | 0.70 | 0.59 | -15.71 |
| Q02 2022 | 0.63 | 0.67 | 6.35 |
| Q01 2022 | 1.29 | 1.24 | -3.88 |
| Q04 2021 | 1.10 | 1.18 | 7.27 |
| Earnings Per End | Estimate | Revision % | Trend |
|---|---|---|---|
| 12/2023 QR | 1.15 | -3.36 | Negative |
| 12/2023 FY | 4.35 | 19.83 | Positive |
| 3/2024 QR | 1.27 | -3.79 | Negative |
| 12/2024 FY | 4.11 | 1.99 | Positive |
| Next Report Date | - |
| Estimated EPS Next Report | 0.61 |
| Estimates Count | 1 |
| EPS Growth Next 5 Years % | 8.10 |
| Volume Overview | |
|---|---|
| Volume | 373.08K |
| Shares Outstanding | 57.48K |
| Shares Float | 57.48M |
| Trades Count | 5.46K |
| Dollar Volume | 20.59M |
| Avg. Volume | 246.87K |
| Avg. Weekly Volume | 161.00K |
| Avg. Monthly Volume | 272.02K |
| Avg. Quarterly Volume | 307.59K |
Allete Inc. (NYSE: ALE) stock closed at 55.11 per share at the end of the most recent trading day (a -1.02% change compared to the prior day closing price) with a volume of 373.08K shares and market capitalization of 3.17B. Is a component of indices and it is traded on NYSE exchange. The company belongs in the Utilities - Regulated industry, Utilities sector and employs 1342 people. Allete Inc. CEO is Bethany M. Owen.
The one-year performance of Allete Inc. stock is -16.02%, while year-to-date (YTD) performance is -14.57%. ALE stock has a five-year performance of -32.28%. Its 52-week range is between 49.29 and 67.45, which gives ALE stock a 52-week price range ratio of 32.05%
Allete Inc. currently has a PE ratio of 17.80, a price-to-book (PB) ratio of 1.39, a price-to-sale (PS) ratio of 3.26, a price to cashflow ratio of 26.60, a PEG ratio of 2.20, a ROA of 3.26%, a ROC of 5.39% and a ROE of 8.55%. The company’s profit margin is 8.22%, its EBITDA margin is 28.40%, and its revenue ttm is $1.14 Billion , which makes it $20.03 revenue per share.
Of the last four earnings reports from Allete Inc., there were 2 positive earnings surprise and 2 negative earnings surprise. The company has EPS estimate of $0.61 for the next earnings report. Allete Inc.’s next earnings report date is -.
The consensus rating of Wall Street analysts for Allete Inc. is Moderate Sell (3.6), with a target price of $65.75, which is +19.31% compared to the current price. The earnings rating for Allete Inc. stock is Sell (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).
Allete Inc. has a dividend yield of 3.98% with a dividend per share of $2.60 and a payout ratio of 81.00%.
Allete Inc. has a Neutral technical analysis rating based on Technical Indicators (ADX : 8.26, ATR14 : 1.08, CCI20 : 27.53, Chaikin Money Flow : 0.06, MACD : 0.35, Money Flow Index : 31.72, ROC : 2.04, RSI : 52.24, STOCH (14,3) : 62.15, STOCH RSI : 0.00, UO : 53.50, Williams %R : -37.85), Simple Moving Averages and Exponential Moving Averages.
Aggregated Insider Trades of Allete Inc. in the last 12-months were:
Allete Inc.
ALLETE Inc is a regulated electric utility company operating primarily in America's Upper Midwest region. Through its subsidiaries, ALLETE provides regulated electric, natural gas, and water services. The company's Regulated Operations division, which houses its energy generation, transmission, and distribution activities, is responsible for most of ALLETE's total revenue by way of electricity sales and transmission service fees. The majority of the energy sold and distributed by ALLETE is produced by its own portfolio of coal-fired, wind, natural gas-fired, biomass, and hydroelectric power plants. Coal fuel sources, specifically, account for most of this. The company's major customers are industrial entities, such as major iron ore, wood product, and pipeline producers.
CEO: Bethany M. Owen
Telephone: +1 218 279-5000
Address: 30 West Superior Street, Duluth 55802-2093, MN, US
Number of employees: 1 342
