With 6.01 million shares changed hands, the volume of the stock remained heavier than its average volume of 2.25 million shares. The 52-week range on LNT shows that it touched its highest point at $66.54 and its lowest point at $49.04 during that stretch. It currently has a 1-year price target of $65.50. With its current market cap of 15.53 billion, LNT has annualized dividend of $1.98 while the current yield stands at 3.27%. Beta for the stock currently stands at 0.56.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of LNT was down-trending over the past week, with a drop of -1.06%, but this was down by -0.21% over a month. Three-month performance surged to 0.25% while six-month performance rose 7.50%. The stock gained 16.94% in the past year, while it has gained 2.23% so far this year. A look at the trailing 12-month EPS for LNT yields 2.90 with Next year EPS estimates of 3.45. For the next quarter, that number is 0.64. This implies an EPS growth rate of 5.71% for this year and 7.25% for next year. EPS is expected to grow by 6.64% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 2.84%.
Float and Shares Shorts:
At present, 256.53 million LNT shares are outstanding with a float of 256.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for LNT since 15 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 6 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $3.04287 being high and $2.99299 being low. For LNT, this leads to a yearly average estimate of $3.02292. Based on analyst estimates, the high estimate for the next quarter is $1.21 and the low estimate is $0.98. The average estimate for the next quarter is thus $1.13.
