The Technical Analyst
ALLETE Inc [ALE]
Exchange: NYSE Sector: Utilities Industry: Utilities - Diversified
ALLETE Inc Price, Forecast, Insider, Ratings, Fundamentals & Signals
-0.54% $62.76
America/New_York / 8 mai 2024 @ 16:00
| FUNDAMENTALS | |
|---|---|
| MarketCap: | 3 619.07 mill |
| EPS: | 4.30 |
| P/E: | 14.60 |
| Earnings Date: | May 09, 2024 |
| SharesOutstanding: | 57.67 mill |
| Avg Daily Volume: | 0.365 mill |
| RATING 2024-05-08 |
|---|
| B+ |
| Neutral |
| RATINGS | ||
|---|---|---|
| Rating CashFlow: | Buy | |
| Return On Equity: | Sell | |
| Return On Asset: | Neutral | |
| DE: | Sell | |
| P/E: | Buy | |
| Price To Book: | Neutral |
| QUARTER GROWTHS | ||||||
|---|---|---|---|---|---|---|
| 3/22 | 4/22 | 1/23 | 2/23 | 3/23 | 4/23 | |
| Revenue | ||||||
| Gr.Profit | ||||||
| Ebit | ||||||
| Asset | ||||||
| Debt |
| PE RATIO: COMPANY / SECTOR |
|---|
| 0.57x |
| Company: PE 14.60 | sector: PE 25.41 |
| PE RATIO: COMPANY / INDUSTRY |
|---|
| 0x |
| Company: PE 14.60 | industry: PE -147.35 |
| DISCOUNTED CASH FLOW VALUE |
|---|
| N/A |
| N/A |
| Expected Trading Range (DAY) |
|---|
|
$ 61.73 - 63.79 ( +/- 1.64%) |
| ATR Model: 14 days |
Insider Trading
| Date | Person | Action | Amount | type |
|---|---|---|---|---|
| 2024-02-07 | Cutshall Patrick L | Buy | 3 526 | Common Stock |
| 2024-02-07 | Cutshall Patrick L | Sell | 1 836 | Common Stock |
| 2024-02-07 | Johnson Nicole Renee | Buy | 4 031 | Common Stock |
| 2024-02-07 | Johnson Nicole Renee | Sell | 2 096 | Common Stock |
| 2024-02-07 | Morris Steven Wayne | Buy | 3 526 | Common Stock |
| INSIDER POWER |
|---|
| 55.70 |
| Last 96 transactions |
| Buy: 119 935 | Sell: 31 039 |
Forecast:
16:00 - $62.83
Live Trading Signals (every 1 min)
Forecast
1: 16:00 - $62.83
Forecast 2: 16:00 - $62.83
Forecast 3: 16:00 - $62.83
SCORE
10.00
Buy
10.00
Buy
Score Algorithm Version: 1.2C
Last version updated: Fri April 15th, 2022
Last version updated: Fri April 15th, 2022
| Indicator Signals | |
|---|---|
| RSI 21 | |
| SMA | |
| Trend | |
| Trend 2 | |
| Trend 3 | |
| MACD |
| Volume Signals | |
|---|---|
| Price | $62.76 (-0.54% ) |
| Volume | 1.188 mill |
| Avg. Vol. | 0.365 mill |
| % of Avg. Vol | 325.43 % |
| Signal 1: | |
| Signal 2: |
Today
Last 12 Months
RSI
Last 10 Buy & Sell Signals For ALE
0 Signals | Accuracy: 0.00% | Accuracy Buy: 0.00% | Accuracy Sell: 0.00%
Avg return buy: 0.00 % | Avg return sell: 0.00 %
$1 invested is now $1.00 or 0.00% since Coming Soon
| Date | Signal | @ | Closed | % |
|---|
ALE
ALLETE, Inc. operates as an energy company. The company operates through Regulated Operations, ALLETE Clean Energy, and Corporate and Other segments. It generates electricity from coal-fired, biomass co-fired / natural gas, hydroelectric, wind, and solar. The company provides regulated utility electric services in northwestern Wisconsin to approximately 15,000 electric customers, 13,000 natural gas customers, and 10,000 water customers, as well as regulated utility electric services in northeastern Minnesota to approximately 145,000 retail customers and 15 non-affiliated municipal customers. It also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. In addition, the company focuses on developing, acquiring, and operating clean and renewable energy projects; and owns and operates approximately 1,000 megawatts of wind energy generation facility. Further, it is involved in the coal mining operations in North Dakota; and real estate investment activities in Florida. The company owns and operates 158 substations with a total capacity of 10,066 megavolt amperes. It serves taconite mining, paper, pulp and secondary wood products, pipeline, and other industries. The company was formerly known as Minnesota Power, Inc. and changed its name to ALLETE, Inc. in May 2001. ALLETE, Inc. was incorporated in 1906 and is headquartered in Duluth, Minnesota.
Latest Press Releases
2024-05-07 14:46:00 - Press Release
Allete Investor Alert By The Former Attorney General Of Louisiana: Kahn Swick & Foti, Llc Investigates Adequacy Of Price And Process In Proposed Sale Of Allete, Inc. - Ale
New orleans--(business wire)--former attorney general of louisiana charles c. foti, jr., esq. and the law firm of kahn swick & foti, llc (“ksf”) are investigating the proposed sale of allete, inc. (nyse: ale) to canada pension plan investment board (“cpp”) and global infrastructure partners (“gip”). under the terms of the proposed transaction, shareholders of allete will receive $67.00 in cash for each share of allete that they own. ksf is seeking to determine whether this consideration and.
2024-05-07 02:41:00 - Press Release
Shareholder Alert: Ademi Llp Investigates Whether Allete, Inc. Has Obtained A Fair Price In Its Going Private Transaction With Cpp Investments And Global Infrastructure Partners
Milwaukee , may 7, 2024 /prnewswire/ -- ademi llp is investigating allete (nyse: ale) for possible breaches of fiduciary duty and other violations of law in its going private transaction with cpp investments and global infrastructure partners. click here to learn how to join the https://www.ademilaw.com/case/allete-inc or call guri ademi toll-free at 866-264-3995.
2024-05-06 19:01:00 - Press Release
Alert: Rowley Law Pllc Is Investigating Proposed Acquisition Of Allete, Inc.
New york , may 6, 2024 /prnewswire/ -- rowley law pllc is investigating potential securities law violations by allete, inc. (nyse: ale) and its board of directors concerning the proposed acquisition of the company by canada pension plan investment board and global infrastructure partners. stockholders will receive $67.00 for each share of allete stock that they hold.
2024-05-06 15:10:00 - Press Release
Stockholder Investigation: The M&a Class Action Firm Announces An Investigation Of Allete, Inc. - Ale
New york , may 6, 2024 /prnewswire/ -- monteverde & associates pc (the "m&a class action firm"), has recovered money for shareholders and is recognized as a top 50 firm in the 2018-2022 iss securities class action services report. we are headquartered at the empire state building in new york city and is investigating allete, inc. (nyse: ale) , relating to its proposed merger with a partnership led by canada pension plan investment board and global infrastructure partners.
2024-05-06 12:16:00 - Press Release
Shareholder Investigation: Halper Sadeh Llc Investigates Ale, Prft
New york , may 6, 2024 /prnewswire/ -- halper sadeh llc, an investor rights law firm, is investigating the following companies for potential violations of the federal securities laws and/or breaches of fiduciary duties to shareholders relating to: allete, inc. (nyse: ale)'s sale to canada pension plan investment board ("cpp") and global infrastructure partners ("gip") for $67.00 per share in cash. if you are an allete shareholder, click here to learn more about your rights and opt ions.
Latest News
2024-05-07 08:01:23 - Zacks Investment Research
New Strong Sell Stocks for May 7th
ALE, ASGN and BRSP have been added to the Zacks Rank #5 (Strong Sell) List on May 7, 2024.
2024-04-17 05:36:03 - Zacks Investment Research
New Strong Sell Stocks for April 17th
ASO, ALE and AMR have been added to the Zacks Rank #5 (Strong Sell) List on April 17, 2023.
2024-04-12 16:30:00 - Business Wire
ALLETE to Announce First Quarter Financial Results May 9
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for the first quarter before the stock markets open on Thursday, May 9, 2024. Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M. Owen, and Senior Vice President and Chief Financial Officer Steven W. Morris will present an overview of results and discuss other factors related to performance during a conference call beginning at 10 a.m. Eastern time. Interested parties may.
2024-02-20 08:46:04 - Zacks Investment Research
Allete (ALE) Misses Q4 Earnings and Revenue Estimates
Allete (ALE) came out with quarterly earnings of $0.89 per share, missing the Zacks Consensus Estimate of $0.93 per share. This compares to earnings of $0.90 per share a year ago.
2024-02-12 19:46:16 - Seeking Alpha
Unlocking Green Power: Allete Is A Gem In The Utility Sector
ALLETE is a utility company with a strong focus on sustainability and clean energy, making it an attractive investment in the utility sector. The company has shown robust growth in revenues and EPS over the past decade, driven by organic growth and strategic acquisitions. ALLETE's current valuation, with a P/E ratio of 14, is attractive considering its growth potential, thus making it a buy.
2024-02-09 23:47:29 - Seeking Alpha
Allete: I Continue To Be Bullish On This Quality Business
ALLETE Inc's stock has underperformed the broader market, but it still presents a good long-term investment opportunity. The company is focusing on clean and renewable energy projects, particularly in wind energy generation. ALLETE has identified investment opportunities, such as expanding into North Dakota, which could lead to increased revenues and shareholder returns.
2024-02-07 16:45:00 - Business Wire
ALLETE to announce 2023 financial results on February 20
DULUTH, Minn.--(BUSINESS WIRE)--ALLETE Inc. (NYSE:ALE) will announce its financial results for 2023 before the stock markets open on Tuesday, February 20, 2024. Following the release, ALLETE Chair, President and Chief Executive Officer Bethany M. Owen, and Senior Vice President and Chief Financial Officer Steven W. Morris will present an overview of results and other factors related to performance, and discuss 2024 earnings guidance during a conference call beginning at 10 a.m. Eastern time. In.
2023-12-27 11:17:34 - Zacks Investment Research
5 Low-Leverage Stocks to Buy on Rate Cut Expectations
The crux of safe investment lies in choosing a company that is not burdened with debt. This is because a debt-free stock is almost impossible to find.
2023-12-19 15:02:10 - Zacks Investment Research
Reasons to Add ALLETE (ALE) to Your Portfolio Right Now
ALLETE Inc.'s (ALE) rising earnings estimates, regular dividend payments and a solid investment plan, makes it a strong choice for investment in the utility space.
2023-12-14 11:20:33 - Zacks Investment Research
Should Value Investors Buy Allete (ALE) Stock?
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.