Allete, Inc. (ALE): Price and Financial Metrics


Allete, Inc. (ALE): $62.10

0.20 (+0.32%)

POWR Rating

Component Grades

Growth

S

Value

I

Momentum

G

Stability

N

Sentiment

U

Quality

P

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%.
ALE's revenue has moved down $3,700,000 over the prior 52 months.

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 >

Price chart for ALE

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.


ALE Latest News Stream


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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 Transcript

No summary available.

Seeking Alpha | February 16, 2022

ALLETE, Inc. 2021 Q4 - Results - Earnings Call Presentation

No summary available.

Seeking Alpha | February 16, 2022

ALLETE (ALE) Q4 2021 Earnings Call Transcript

ALE earnings call for the period ending December 31, 2021.

The Motley Fool | 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

DULUTH, 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

Yahoo | February 16, 2022

ALLETE Q4 2021 Earnings Preview

ALLETE (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…

Seeking Alpha | February 15, 2022

Read More 'ALE' Stories Here

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

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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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