ALE:NYE-ALLETE Inc (USD)

COMMON STOCK | Utilities-Diversified | NYE

Last Closing Price

USD 62.65

Change

-1.33 (-2.08)%

Market Cap

USD 3.36B

Volume

0.21M

Avg Analyst Target

USD 63.00 (+0.56%)

Avg User Target

USD
Average Analyst Rating

Verdict

Fundamental Analysis

Verdict


ALLETE Inc (ALE) Stock Analysis:
Based on the ALLETE Inc stock forecasts from 1 analysts, the average analyst target price for ALLETE Inc is USD 63.00 over the next 12 months. ALLETE Inc’s average analyst rating is Hold . Stock Target Advisor’s own stock analysis of ALLETE Inc is Bearish, which is based on 4 positive signals and 11 negative signals. At the last closing, ALLETE Inc’s stock price was USD 62.65. ALLETE Inc’s stock price has changed by -1.00% over the past week, -1.97% over the past month and +1.90% over the last year.

About

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 reg ...Read More

Technical Indicators

Unadjusted Closing Price

Adjusted Closing Price

Share Volume

Relative Performance (Total Returns)

Compare
Relative Returns (From:    To: 2022-01-25 )

Largest Industry Peers for Utilities-Diversified

Symbol Name Price(Change) Market Cap Price / Earning Ratio EV/EBITDA
SRE Sempra

+2.27 (+1.72%)

USD42.04B 37.77 22.57
PEG Public Service Enterprise Grou..

+0.37 (+0.57%)

USD33.09B 18.35 57.17
SRE-PA Sempra Energy

N/A

USD32.92B 7.53 N/A
SRE-PB Sempra

N/A

USD32.81B 7.43 N/A
BIP Brookfield Infrastructure Part..

-0.25 (-0.42%)

USD18.62B 23.75 6.62
ELP Companhia Paranaense de Energi..

+0.19 (+3.22%)

USD16.31B 15.60 0.59
AES The AES Corporation

-0.42 (-1.86%)

USD14.47B 28.22 11.65
CIG-C Companhia Energética de Minas..

+0.08 (+2.48%)

USD5.45B 7.27 0.91
HE Hawaiian Electric Industries I..

-0.13 (-0.31%)

USD4.65B 23.42 6.30
CIG Companhia Energética de Minas..

+0.06 (+2.54%)

USD4.42B 5.33 0.91

ETFs Containing ALE

Symbol Name Weight Mer Price(Change) Market Cap
IBCJ:F iShares V Public Limited .. 0.00 % 0.74 %

+0.18 (+1.16%)

USD0.07B
IBCJ:XETRA iShares V Public Limited .. 0.00 % 0.74 %

+0.12 (+0.78%)

USD0.09B

Market Performance

  Market Performance vs.
Industry/Classification (Utilities-Diversified)
Market Performance vs. Exchange
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
YTD  
Capital Gain -5.58% 31% F 43% F
Dividend Return N/A N/A N/A N/A N/A
Total Return -5.58% 31% F 42% F
Trailing 12 Months  
Capital Gain 1.90% 23% F 51% F
Dividend Return 4.10% 62% D- 62% D-
Total Return 6.00% 23% F 52% F
Trailing 5 Years  
Capital Gain -3.14% 23% F 31% F
Dividend Return 17.29% 31% F 65% D
Total Return 14.16% 31% F 32% F
Average Annual (5 Year Horizon)  
Capital Gain -0.30% 23% F 19% F
Dividend Return 3.15% 23% F 68% D+
Total Return 2.85% 15% F 23% F
Risk Return Profile  
Volatility (Standard Deviation) 19.35% 54% F 58% F
Risk Adjusted Return 14.74% 15% F 20% F
Market Capitalization 3.36B 31% F 68% D+
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 87%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Key Financial Ratios

  Ratio vs. Industry/Classification
(Utilities-Diversified)
Ratio vs. Market
  Value Sector Median Percentile Rank Grade Market Median Percentile Rank Grade
Market Value  
Price / Earning Ratio 21.73 44% F 35% F
Price/Book Ratio 1.41 85% B 61% D-
Price / Cash Flow Ratio 11.22 15% F 41% F
EV/EBITDA 12.94 38% F 47% F
Management Effectiveness  
Return on Equity 4.93% 25% F 33% F
Return on Invested Capital 4.80% 25% F 53% F
Return on Assets 1.48% 6% F 35% F
Debt to Equity Ratio 69.43% 94% A 50% F
Technical Ratios  
Short Ratio 1.50 86% B 60% D-
Short Percent 0.87% 62% D- 79% C+
Beta 0.56 69% D+ 80% B-
Letter Grade Percentage Letter Grade Percentage Letter Grade Percentage
A+ 97%-100% A 93%-96% A- 90%-92%
B+ 97%-89% B 83%-86% B- 80%-82%
C+ 77%-79% C 73%-76% C- 70%-72%
D+ 67%-69% D 63%-66% D- 60%-62%
F 0%-59%

Annual Financials (USD)

Quarterly Financials (USD)

Analyst Ratings

Target Price Action Rating Action Analyst Rating Price Date

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User / Independent Analyst Ratings

User Name Target Rating Target Horizon (Months) Target Price User Analysis Date Comment

Fundamental Analysis Breakdown

This is a composite scorecard based on the application of evaluation criteria deemed most important by analysts. This is not a buy or sell recommendation.

What to like:
Underpriced compared to book value

The stock is trading low compared to its peers on a price to book value basis and is in the top quartile. It may be underpriced but do check its financial performance to make sure there is no specific reason.

Low debt

The company is less leveraged than its peers ,, and is among the top quartile, which makes it more flexible. However, do check the news and look at its sector. Sometimes this is low because the company is not growing and has no growth potential.

Positive cash flow

The company had positive total cash flow in the most recent four quarters.

Positive free cash flow

The company had positive total free cash flow in the most recent four quarters.

What to not like:
Low market capitalization

This is among the smaller entities in its sectors with below median market capitalization. That may make it less stable in the long run unless it has a unique technology or market which can help it grow or get acquired in future.

Poor risk adjusted returns

This company is delivering below median risk adjusted returns in its peers. Even if it is outperforming on returns , the returns are unpredictable. Proceed with caution.

Below median total returns

The company has under performed its peers on annual average total returns in the past 5 years.

Below median dividend returns

The company’s average income yield over the past 5 years has been low compared to its peers. However, it is not a problem if you are not looking for income.

Overpriced compared to earnings

The stock is trading high compared to its peers on a price to earning basis and is above the sector median.

Overpriced on cashflow basis

The stock is trading high compared to its peers on a price to cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Poor return on equity

The company management has delivered below median return on equity in the most recent 4 quarters compared to its peers.

Poor capital utilization

The company management has delivered below median return on invested capital in the most recent 4 quarters compared to its peers.

Poor return on assets

The company management has delivered below median return on assets in the most recent 4 quarters compared to its peers.

Overpriced on free cash flow basis

The stock is trading high compared to its peers on a price to free cash flow basis. It is priced above the median for its sectors. Proceed with caution if you are considering to buy.

Low Revenue Growth

This stock has shown below median revenue growth in the previous 5 years compared to its sector