Professional
Added to YB: 2024-09-05
Pitch date: 2024-09-04
LNT [neutral]
Alliant Energy Corporation
+13.74%
current return
Author Info
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Company Info
Alliant Energy Corporation operates as a utility holding company that provides regulated electric and natural gas services in the United States.
Market Cap
$17.5B
Pitch Price
$57.44
Price Target
N/A
Dividend
2.98%
EV/EBITDA
14.91
P/E
21.41
EV/Sales
6.71
Sector
Electric Utilities
Category
turnaround
Pernas Research Passes On: Alliant Energy Corporation
ALNT pass: Mfg motion/control systems. 10yr sales doubled via M&A but now declining. Margins low on industrial slowdown. Restructuring post-M&A underperformance. Cautious on M&A-driven growth due to operational/accounting complexity. Debt concerns. EV/EBITDA 9.6, mrkt cap $350mm.
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