Stoxline.com

Stock Symbol:   

Stoxline Mobile
Home  |  Stock Charts  |  Showcases  |  Stock Ranks  |  Options  |  ETFs  |  Educations

ALLETE, Inc. (ALE)

61.18   -1.15 (-1.85%) 08-08 00:51
Open: 61.85 Pre. Close: 62.33
High: 62.16 Low: 60.78
Volume: 304,412 Market Cap: 3,492(M)
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.

Stock Price Prediction

Update at 5:00pm EST
If tomorrow: Open lower Open higher
High: 62.19 - 62.6 62.6 - 62.95
Low: 59.98 - 60.39 60.39 - 60.72
Close: 60.58 - 61.24 61.24 - 61.79

Technical analysis

as of: 2022-08-05 4:20:04 PM
Overall:       
Stoxline posted a SELL today, downgraded from higher rating. Downward movement to be expected.
Target: Six months: 74.22     One year: 86.69
Support: Support1: 59.26    Support2: 56.61
Resistance: Resistance1: 63.54    Resistance2: 74.22
Pivot: 60.23
Moving Average: MA(5): 62.13     MA(20): 59.79
MA(100): 61.16     MA(250): 62.63
MACD: MACD(12,26): 0.8     Signal(9): 0.5
Stochastic oscillator: %K(14,3): 79.9     %D(3): 88.1
RSI: RSI(14): 56.5
52-week: High: 71.68  Low: 56.54
Average Vol(K): 3-Month: 309 (K)  10-Days: 260 (K)

Price, moving averages and Bollinger Bands

Price has closed below its short-term moving average. Short-term moving average is currently above mid-term; and above long-term moving average. From the relationship between price and moving averages: This stock is NEUTRAL in short-term; and NEUTRAL in mid-long term.
[ ALE ] has closed below upper band by 36.7%. Bollinger Bands are 52.2% wider than normal. The large width of the bands suggest high volatility as compared to its normal range. The bands have been in this wide range for 2 days. This is a sign that the current trend might continue.

Headline News

Sat, 06 Aug 2022
NC bar hired unlicensed security before teen shot dead, ALE says; alcohol permit suspended - CBS17.com

Sat, 06 Aug 2022
Stepping on the Scale with the Shrinking yet Progressing Ulumoo Ale - Sports Illustrated

Fri, 05 Aug 2022
What are the different kinds of beers called? IPA, stout, lager, ale - AS USA

Fri, 05 Aug 2022
International Beer Day 2022: Ale vs lager? Beer types, explained. - USA TODAY

Thu, 04 Aug 2022
Blackhawks Tease New Pale Ale Beer Collab With Goose Island - On Tap Sports Net

Thu, 04 Aug 2022
National IPA Day was started in 2011 to celebrate India pale ale - UPI News

Financial Analysis

Price to Book Value: Outperform
P/BV, a ratio used to compare book value to its current market price, to gauge whether a stock is valued properly.
Price to Earnings: Outperform
PE, the ratio for valuing a company that measures its current share price relative to its earnings per share (EPS).
Discounted cash flow: Outperform
DCF, a valuation method used to estimate the value of an investment based on its expected future cash flows.
Return on Assets: Neutral
ROA, indicates how profitable a company is in relation to its total assets, how efficiently uses assets to generate a profit.
Return on Equity: Neutral
ROE, a measure of financial performance calculated by dividing net income by equity. a gauge of profitability and efficiency.
Debt to Equity: Outperform
evaluate financial leverage, reflects the ability of equity to cover outstanding debts in the event of a business downturn.
Free Technical Analysis Charts

Stock Basics & Statistics

Exchange:  NYSE
Sector:  Utilities
Industry:  Utilities—Diversified
Shares Out. 57 (M)
Shares Float 53 (M)
% Held by Insiders 0.4 (%)
% Held by Institutions 75.8 (%)
Shares Short 1,770 (K)
Shares Short P.Month 1,610 (K)

Stock Financials

EPS 3.48
EPS Est Next Qtl 0.75
EPS Est This Year 3.35
EPS Est Next Year 3.65
Book Value (p.s.) 45.95
Profit Margin (%) 12.5
Operating Margin (%) 11.5
Return on Assets (ttm) 1.6
Return on Equity (ttm) 4.6
Qtrly Rev. Growth 13.1
Gross Profit (p.s.) 7.95
Sales Per Share 25.61
EBITDA (p.s.) 7.06
Qtrly Earnings Growth 25.2
Operating Cash Flow 170 (M)
Levered Free Cash Flow -284 (M)

Stock Valuations

PE Ratio 17.58
PEG Ratio 1.8
Price to Book value 1.33
Price to Sales 2.38
Price to Cash Flow 20.48

Stock Dividends

Dividend 0.64
Forward Dividend 0
Dividend Yield 1%
Dividend Pay Date 2021-11-30
Ex-Dividend Date 2021-11-11
7 Binary Options
Your Ad Here
android_stock_chart
StockChart iOS
stoxline_lite
StoxlineLite iOS
stoxline_pro
StoxlineLite iOS
Option_Calculator
OptionCalc iOS
android_stock_chart
StockChart Android
stoxline_lite
StoxlineLite Android
stoxline_pro
StoxlinePro Android
Option_Calculator
OptionCalc Android
(c) 2006-2022 Stoxline.com | Contact us           
Data and information is provided for informational purposes only, and is not intended for trading purposes. Neither Stoxline.com nor its data provider shall be liable for any errors or delays in the content, or for any actions taken in reliance thereon. By accessing the Stoxline.com web site, a user agrees not to redistribute the information found therein.