Professional
Added to YB: 2024-09-05
Pitch date: 2024-09-04
LNT [neutral]
Alliant Energy Corporation
+27.17%
current return
Author Info
Pernas Research is a former CIO of a $3.5B fund that now share actionable stock research. Sign up for the newsletter.
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
$18.8B
Pitch Price
$56.97
Price Target
N/A
Dividend
2.94%
EV/EBITDA
16.00
P/E
23.20
EV/Sales
7.01
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.
Read full article (1 min)