Allete, Inc. (ALE): Price and Financial Metrics
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ALE POWR Grades
- Stability is the dimension where ALE ranks best; there it ranks ahead of 84.43% of US stocks.
- The strongest trend for ALE is in Momentum, which has been heading up over the past 179 days.
- ALE ranks lowest in Quality; there it ranks in the 23rd percentile.
ALE Stock Summary
- ALE's one year PEG ratio, measuring expected growth in earnings next year relative to current common stock price is 383.23 -- higher than 93.22% of US-listed equities with positive expected earnings growth.
- ALE's went public 36.27 years ago, making it older than 92.84% of listed US stocks we're tracking.
- Of note is the ratio of Allete Inc's sales and general administrative expense to its total operating expenses; merely 0.5% of US stocks have a lower such ratio.
- If you're looking for stocks that are quantitatively similar to Allete Inc, a group of peers worth examining would be SBRA, AIRC, CUZ, PK, and PNW.
- Visit ALE's SEC page to see the company's official filings. To visit the company's web site, go to www.allete.com.
ALE Valuation Summary
- ALE's EV/EBIT ratio is 27.1; this is 19.38% higher than that of the median Utilities stock.
- Over the past 243 months, ALE's price/sales ratio has gone up 1.4.
- Over the past 243 months, ALE's price/sales ratio has gone up 1.4.
Below are key valuation metrics over time for ALE.
Stock | Date | P/S | P/B | P/E | EV/EBIT |
---|---|---|---|---|---|
ALE | 2021-09-01 | 2.8 | 1.5 | 21.3 | 27.1 |
ALE | 2021-08-31 | 2.7 | 1.5 | 21.0 | 26.9 |
ALE | 2021-08-30 | 2.7 | 1.5 | 21.1 | 26.9 |
ALE | 2021-08-27 | 2.8 | 1.5 | 21.2 | 27.0 |
ALE | 2021-08-26 | 2.7 | 1.5 | 21.0 | 26.9 |
ALE | 2021-08-25 | 2.8 | 1.5 | 21.3 | 27.1 |
ALE Growth Metrics
- The year over year net cashflow from operations growth rate now stands at 15.55%.
- The 3 year cash and equivalents growth rate now stands at 264.23%.
- The 4 year price growth rate now stands at -8.5%.

The table below shows ALE's growth in key financial areas (numbers in millions of US dollars).
Date | Revenue | Operating Cash Flow | Net Income to Common Stock |
---|---|---|---|
2021-12-31 | 1,419.2 | 263.5 | 169.2 |
2021-09-30 | 1,340.6 | 265.1 | 154.4 |
2021-06-30 | 1,289.1 | 261 | 167.5 |
2021-03-31 | 1,196.7 | 299.5 | 159.7 |
2020-12-31 | 1,169.1 | 299.8 | 174.2 |
2020-09-30 | 1,153.3 | 317 | 176.8 |
ALE's Quality Factors
The “Quality” component of the POWR Ratings focuses on 31 different factors of a companies fundamentals and operational strength. Here are some key insights as we drill into the specifics of these quality attributes.- ALE has a Quality Grade of D, ranking ahead of 8.28% of graded US stocks.
- ALE's asset turnover comes in at 0.215 -- ranking 52nd of 105 Utilities stocks.
- BKH, DTE, and UTL are the stocks whose asset turnover ratios are most correlated with ALE.
The table below shows ALE's key quality metrics over time.
Period | Asset Turnover | Gross Margin | ROIC |
---|---|---|---|
2021-09-30 | 0.215 | 0.274 | 0.026 |
2021-06-30 | 0.210 | 0.290 | 0.028 |
2021-03-31 | 0.199 | 0.297 | 0.026 |
2020-12-31 | 0.200 | 0.315 | 0.029 |
2020-09-30 | 0.203 | 0.326 | 0.031 |
2020-06-30 | 0.207 | 0.320 | 0.031 |
ALE Price Target
For more insight on analysts targets of ALE, see our ALE price target page. And for a list of of all stocks sorted by upside potential based on analyst target price, see our Top Price Target page.
Average Price Target | $71.40 | Average Broker Recommendation | 1.92 (Hold) |
ALE Stock Price Chart Interactive Chart >
ALE Price/Volume Stats
Current price | $62.10 | 52-week high | $73.10 |
Prev. close | $61.90 | 52-week low | $56.84 |
Day low | $61.91 | Volume | 398,400 |
Day high | $63.32 | Avg. volume | 329,192 |
50-day MA | $63.35 | Dividend yield | 4.2% |
200-day MA | $63.81 | Market Cap | 3.31B |
Allete, Inc. (ALE) Company Bio
ALLETE Inc. provides regulated electric, natural gas, and water services in northwestern Wisconsin as well as regulated utility electric service in northeastern Minnesota. The company also owns and maintains electric transmission assets in Wisconsin, Michigan, Minnesota, and Illinois. The company was founded in 1906 and is based in Duluth, Minnesota.
Latest ALE News From Around the Web
Below are the latest news stories about Allete Inc that investors may wish to consider to help them evaluate ALE as an investment opportunity.
ALLETE, Inc. (ALE) CEO Bethany Owen on Q4 2021 Results - Earnings Call TranscriptNo summary available. |
ALLETE, Inc. 2021 Q4 - Results - Earnings Call PresentationNo summary available. |
ALLETE (ALE) Q4 2021 Earnings Call TranscriptALE earnings call for the period ending December 31, 2021. |
ALLETE, Inc. Reports 2021 Earnings of $3.23 Per Share; Initiates 2022 Earnings Guidance Range of $3.60 to 3.90 Per ShareDULUTH, Minn., February 16, 2022--ALLETE, Inc. reports 2021 earnings of $3.23 per share; initiates 2022 earnings guidance range of $3.60 to 3.90 per share |
ALLETE Q4 2021 Earnings PreviewALLETE (NYSE:ALE) is scheduled to announce Q4 earnings results on Wednesday, February 16th, before market open.The consensus EPS Estimate is $1.06 (+17.8% Y/Y) and the consensus… |
ALE Price Returns
1-mo | -1.59% |
3-mo | 2.44% |
6-mo | 1.37% |
1-year | -6.80% |
3-year | -14.92% |
5-year | 6.61% |
YTD | -4.36% |
2021 | 11.19% |
2020 | -20.47% |
2019 | 9.62% |
2018 | 5.60% |
2017 | 19.38% |
ALE Dividends
Ex-Dividend Date | Type | Payout Amount | Change | ||||||
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Continue Researching ALE
Here are a few links from around the web to help you further your research on Allete Inc's stock as an investment opportunity:Allete Inc (ALE) Stock Price | Nasdaq
Allete Inc (ALE) Stock Quote, History and News - Yahoo Finance
Allete Inc (ALE) Stock Price and Basic Information | MarketWatch
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