Allete Inc.

57.75+0.3500+0.61%Vol 1.10M1Y Perf -16.27%
Jun 24th, 2022 16:00 DELAYED
BID57.67 ASK58.64
Open57.50 Previous Close57.40
Pre-Market- After-Market57.75
 - -  - -%
Target Price
63.50 
Analyst Rating
Moderate Sell 4.00
Potential %
9.96 
Finscreener Ranking
     39.62
Insiders Trans % 3/6/12 mo.
-/-/-100 
Value Ranking
★★     47.30
Insiders Value % 3/6/12 mo.
-/-/-100 
Growth Ranking
     38.37
Insiders Shares Cnt. % 3/6/12 mo.
-/-/-100 
Income Ranking
★★     39.15
Price Range Ratio 52W %
7.25 
Earnings Rating
Buy
Market Cap3.29B 
Earnings Date
3rd Aug 2022
Alpha-0.00 Standard Deviation0.06
Beta0.61 

Today's Price Range

57.5058.48

52W Range

56.5573.10

5 Year PE Ratio Range

13.4026.20

Summary:

Sell

Technical Indicators: Neutral
Moving Averages: Strong Sell
Performance
1 Week
0.82%
1 Month
-6.04%
3 Months
-12.67%
6 Months
-10.63%
1 Year
-16.27%
3 Years
-31.47%
5 Years
-21.29%
10 Years
63.07%

TickerPriceChg.Chg.%
ALE57.750.35000.61
AAPL141.663.39002.45
GOOG2 370.76117.07005.19
MSFT267.708.84003.41
XOM86.901.69001.98
WFC40.762.86007.55
JNJ182.292.63001.46
FB196.640.99000.51
GE67.083.01004.70
JPM117.323.40002.98
Financial StrengthValueIndustryS&P 500US Markets
0.30
0.90
0.41
0.80
2.70
Leverage Ratio 2.70
ProfitabilityValueIndustryS&P 500US Markets
31.50
13.00
29.80
11.80
9.63
RevenueValueIndustryS&P 500US Markets
1.46B
25.68
-0.01
-1.18
DividendsValueIndustryS&P 500US Markets
4.54
2.60
3.37
3.94
Payout ratio81.00
Earnings HistoryEstimateReportedSurprise %
Q01 20221.291.24-3.88
Q04 20211.101.187.27
Q03 20210.810.53-34.57
Q02 20210.540.53-1.85
Q01 20211.110.99-10.81
Q04 20200.720.9025.00
Q03 20200.620.7825.81
Q02 20200.650.39-40.00
Earnings Per EndEstimateRevision %Trend
6/2022 QR0.94-75.65Negative
9/2022 QR0.69-82.62Negative
12/2022 FY3.72--
12/2023 FY4.00--
Next Report Date3rd Aug 2022
Estimated EPS Next Report0.94
Estimates Count2
EPS Growth Next 5 Years %8.70
Volume Overview
Volume1.10M
Shares Outstanding56.99K
Shares Float45.13M
Trades Count10.73K
Dollar Volume63.63M
Avg. Volume388.21K
Avg. Weekly Volume498.40K
Avg. Monthly Volume294.84K
Avg. Quarterly Volume371.41K

Allete Inc. (NYSE: ALE) stock closed at 57.75 per share at the end of the most recent trading day (a 0.61% change compared to the prior day closing price) with a volume of 1.10M shares and market capitalization of 3.29B. 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 -16.27%, while year-to-date (YTD) performance is -12.96%. ALE stock has a five-year performance of -21.29%. Its 52-week range is between 56.55 and 73.0995, which gives ALE stock a 52-week price range ratio of 7.25%

Allete Inc. currently has a PE ratio of 16.50, a price-to-book (PB) ratio of 1.33, a price-to-sale (PS) ratio of 2.23, a price to cashflow ratio of 17.80, a PEG ratio of 2.32, a ROA of 2.86%, a ROC of 5.17% and a ROE of 7.70%. The company’s profit margin is 9.63%, its EBITDA margin is 29.80%, and its revenue ttm is $1.46 Billion , which makes it $25.68 revenue per share.

Of the last four earnings reports from Allete Inc., there were 1 positive earnings surprise and 3 negative earnings surprise. The company has EPS estimate of $0.94 for the next earnings report. Allete Inc.’s next earnings report date is 03rd Aug 2022.

The consensus rating of Wall Street analysts for Allete Inc. is Moderate Sell (4), with a target price of $63.5, which is +9.96% compared to the current price. The earnings rating for Allete Inc. stock is Buy (calculated from actual period earnings estimates revision (80% weight) and previous period earnings surprise (20% weight)).

Allete Inc. has a dividend yield of 4.54% with a dividend per share of $2.60 and a payout ratio of 81.00%.

Allete Inc. has a Sell technical analysis rating based on Technical Indicators (ADX : 8.28, ATR14 : 1.49, CCI20 : -67.48, Chaikin Money Flow : -0.17, MACD : -1.18, Money Flow Index : 60.65, ROC : -8.81, RSI : 37.67, STOCH (14,3) : 17.19, STOCH RSI : 1.00, UO : 38.15, Williams %R : -82.81), Simple Moving Averages and Exponential Moving Averages.

Aggregated Insider Trades of Allete Inc. in the last 12-months were: Heidi J. Eddins (Sold 3 253 shares of value $226 084 )

Analyst RatingsCurrent1 M ago3 M ago
Strong Buy
0 (0.00 %)
0 (0.00 %)
1 (33.33 %)
Moderate Buy
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Hold
1 (50.00 %)
0 (0.00 %)
1 (33.33 %)
Moderate Sell
0 (0.00 %)
0 (0.00 %)
0 (0.00 %)
Strong Sell
1 (50.00 %)
1 (100.00 %)
1 (33.33 %)
Summary RatingModerate Sell
4.00
Strong Sell
5.00
Hold
3.00

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

Bearish or Bullish?
WeekMonthThree MonthsSix Months

Bearish Bullish

50%50%

Bearish Bullish

70%30%

Bearish Bullish

65%35%

Bearish Bullish

65%35%

TipRanks News for ALE

Thu, 26 May 2022 12:15 GMT Analysts Have Conflicting Sentiments on These Utilities Companies: Allete (ALE) and Edison International (EIX)

- TipRanks. All rights reserved.

Tue, 22 Mar 2022 12:05 GMT Allete (ALE) Receives a Sell from J.P. Morgan

- TipRanks. All rights reserved.

News

Stocktwits