Down 50%, Is Dell Technologies a Buy?
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Sell
30
ALE Quote, Financials, Valuation and Earnings
Last price:
$64.79
Seasonality move
:
2.57%
Day range:
$64.24 - $65.04
52-week range:
$56.66 - $65.99
Dividend yield:
4.41%
P/E ratio:
20.82x
P/S ratio:
2.44x
P/B ratio:
1.31x
Volume:
635.7K
Avg. volume:
356.1K
1-year change:
6.76%
Market cap:
$3.7B
Revenue:
$1.5B
EPS (TTM):
$3.10
Analysts' Opinion
-
Consensus RatingALLETE has received a consensus rating of Hold. The company's average rating is a Hold based on 1 Buy rating, 3 Hold ratings, and 0 Sell ratings.
-
Price Target UpsideAccording to analysts' consensus price target of $65.75, ALLETE has an estimated upside of 1.86% from its current price of $64.55.
-
Price Target DownsideAccording to analysts, the lowest downside price target is $56.00 representing 100% downside risk from its current price of $64.55.
Fair Value
-
According to the consensus of 4 analysts, ALLETE has 1.86% upside to fair value with a price target of $65.75 per share.
ALE vs. S&P 500
-
Over the past 5 trading days, ALLETE has overperformed the S&P 500 by 7.34% suggesting its relative strength compared to the major market average is strong at this time.
Share Buyback
-
ALLETE does have a share repurchase program in place at this time. The scale of a buyback program can materially affect share price and usually results in a higher earnings per share, all else being equal, when the share count drops.
Revenue Growth
-
ALLETE revenues have been falling on a year-over-year basis for 1 quarter in a row. In the most recent quarter ALLETE reported revenues of $364.8M.
Earnings Growth
-
ALLETE earnings have been falling on a year-over-year basis for 5 quarters in a row. In the most recent quarter ALLETE reported earnings per share of $0.87.
Enterprise value:
6B
EV / Invested capital:
--
Price / LTM sales:
2.44x
EV / EBIT:
29.06x
EV / Revenue:
3.95x
PEG ratio (5yr expected):
1.35x
EV / Free cash flow:
59.16x
Price / Operating cash flow:
36.51x
Enterprise value / EBITDA:
12.43x
Gross Profit (TTM):
$497M
Return On Assets:
2.68%
Net Income Margin (TTM):
11.72%
Return On Equity:
5.28%
Return On Invested Capital:
3.46%
Operating Margin:
10.44%
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Income Statement | ||||||
| Revenue | $1.6B | $1.9B | $1.5B | $402.7M | $364.8M | |
| Gross Profit | $446.8M | $489.9M | $497M | $120.8M | $122.9M | |
| Operating Income | $134.2M | $180.9M | $160.1M | $43.1M | $38.1M | |
| EBITDA | $425.7M | $546.4M | $486.3M | $123.7M | $120.9M | |
| Diluted EPS | $3.40 | $4.30 | $3.10 | $0.89 | $0.87 | |
| Period Ending | 2020-12-31 | 2021-12-31 | 2022-12-31 | 2023-12-31 | 2024-12-31 | |
|---|---|---|---|---|---|---|
| Balance Sheet | ||||||
| Current Assets | $254.9M | $291.3M | $718M | $468.1M | $435.2M | |
| Total Assets | $6.1B | $6.4B | $6.8B | $6.7B | $6.8B | |
| Current Liabilities | $459.6M | $543.4M | $716.2M | $377.6M | $404.2M | |
| Total Liabilities | $3.3B | $3.5B | $3.5B | $3.2B | $3.4B | |
| Total Equity | $2.8B | $2.9B | $3.3B | $3.4B | $3.4B | |
| Total Debt | $1.8B | $2B | $1.9B | $1.8B | $1.8B | |
| Trailing 12 Months | Fiscal Quarters | |||||
|---|---|---|---|---|---|---|
| Period Ending | 2022-12-31 | 2023-12-31 | 2024-12-31 | 2023-12-31 | 2024-12-31 | |
| Cash Flow Statement | ||||||
| Cash Flow Operations | $221.3M | $585.3M | $457.1M | $65.3M | $89.8M | |
| Cash From Investing | -$384M | -$283.6M | -$340.7M | -$83M | -$120.8M | |
| Cash From Financing | $155.2M | -$262.5M | -$140.6M | -$34.1M | -$24.8M | |
| Free Cash Flow | $800K | $314.1M | $102.2M | -$21.8M | -$34.8M | |
ALE
Sector
Market Cap
$3.7B
$3.5B
Price % of 52-Week High
97.82%
81.93%
Dividend Yield
4.41%
3.21%
Shareholder Yield
4%
1.04%
1-Year Price Total Return
6.77%
--
Beta (5-Year)
0.694
0.471
Dividend yield:
4.41%
Annualized payout:
$2.82
Payout ratio:
90.8%
Growth streak:
14 years
Technicals
8-day SMA
Sell
Level
$65.24
200-day SMA
Buy
Level
$64.48
Bollinger Bands (100)
Sell
Level
64.73 - 65.65
Chaikin Money Flow
Buy
Level
84.1M
20-day SMA
Sell
Level
$65.43
Relative Strength Index (RSI14)
Sell
Level
34.79
ADX Line
Sell
Level
27.17
Williams %R
Buy
Level
-80.7453
50-day SMA
Sell
Level
$65.52
MACD (12, 26)
Sell
Level
-0.15
25-day Aroon Oscillator
Sell
Level
-56
On Balance Volume
Neutral
Level
30.8M
Financial Scores
Sell
Altman Z-Score
(Annual)
Level (1.219)
Sell
CA Score
(Annual)
Level (-0.595)
--
Beneish M-Score
(Annual)
Level (--)
Buy
Momentum Score
Level (8)
Buy
Ohlson Score
Level (-0.1485)
Buy
Piotroski F Score
(Annual)
Level (6)
Sell
Quality Ratio Score
Level (1)
Buy
Fundamental Score
Level (9)
Revenue Forecast
Earnings per Share Forecast
Company Profile
ALLETE Inc provides competitively-priced energy in America's Upper Midwest region and invests in transmission infrastructure and other energy-centric businesses. The company has two reportable segments. The first segment is Regulated Operations, which includes the company's regulated utilities, Minnesota Power and SWL&P, as well as its investment in ATC. ATC is a regulated utility based in Wisconsin that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota, and Illinois. The second segment is ALLETE Clean Energy, which focuses on developing, acquiring, and operating clean and renewable energy projects.
Stock Forecast FAQ
In the current month, ALE has received 1 Buy ratings 3 Hold ratings, and 0 Sell ratings. The ALE average analyst price target in the past 3 months is $65.75.
-
Where Will ALLETE Stock Be In 1 Year?
According to analysts, the consensus estimate is that ALLETE share price will rise to $65.75 per share over the next 12 months.
-
What Do Analysts Say About ALLETE?
Analysts are divided on their view about ALLETE share price and where it will be in the next 12 months. The majority of analysts rate the stock a Buy. However, a smaller subset of analysts suggest that ALLETE is a Sell and believe this share price will drop from its current level to $56.00.
-
What Is ALLETE's Price Target?
The price target for ALLETE over the next 1-year time period is forecast to be $65.75 according to 4 Wall Street analysts, 1 of them rates the stock a Buy, 0 rate the stock a Sell, and 3 analysts rate the stock a Hold.
-
Is ALE A Buy, Sell Or Hold?
According to Wall Street analysts, the consensus rating for ALLETE is a Hold. 3 of 4 analysts rate the stock a Hold at this time.
-
How Can I Buy Shares Of ALE?
You can purchase shares of ALLETE via an online brokerage firm such as TD Ameritrade.com, thinkorswim.com, e-trade.com, tastytrade.com, or Schwab.com. Many other digital online brokerages exist such as RobinHood and Webull where you can purchase ALLETE shares.
-
What Is The ALLETE Share Price Today?
ALLETE was last trading at $64.79 per share. This represents the most recent stock quote for ALLETE. Yesterday, ALLETE closed at $64.55 per share.
-
How To Buy ALLETE Stock Online?
In order to purchase ALLETE stock online, open a brokerage account, deposit funds into the account, and select an order type to purchase shares whether it be market or limit.
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