Professional
Added to YB: 2024-09-05
Pitch date: 2024-09-04
LNT [neutral]
Alliant Energy Corporation
+22.88%
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
$18.3B
Pitch Price
$56.97
Price Target
N/A
Dividend
3.01%
EV/EBITDA
15.31
P/E
22.36
EV/Sales
6.89
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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