Technical Picture For Alliant Energy Corporation (LNT) And MDU Resources Group, Inc. (MDU)

1 analysts out of 9 Wall Street brokerage firms rate Alliant Energy Corporation (NASDAQ:LNT) as a Buy, while 0 see it as a Sell. The rest 8 describe it as a Hold. LNT stock traded higher to an intra-day high of $47.92. At one point in session, its potential discontinued and the price was down to lows at $47.27. Analysts have set LNT’s consensus price at $47.22, effectively giving it a -0.27% projection on returns. Should the projected estimates be met, then the stock will likely hit its highest price at $54 (up 14.04% from current price levels). LNT has a 11.4% ROE, higher than the 11.03% average for the industry. The average ROE for the sector is 10.04%.

It is expected that in Jun 2019 quarter LNT will have an EPS of $0.46, suggesting a 6.98% growth. For Sep 2019 is projected at $0.88. It means that there could be a 3.53% growth in the quarter. Yearly earnings are expected to rise by 3.23% to about $2.24. As for the coming year, growth will be about 8.48%, lifting earnings to $2.43. RSI after the last trading period was 54.55. LNT recorded a change of 1% over the past week and returned 5.34% over the last three months while the LNT stock’s monthly performance revealed a shift in price of 1.15%. The year to date (YTD) performance stands at 12.07%, and the bi-yearly performance specified an activity trend of 8.03% while the shares have moved 13.66% for the past 12 months.

Alliant Energy Corporation (LNT) currently trades at $47.35, which is lower by -1.04% its previous price. It has a total of 232.87 million outstanding shares, with an ATR of around 0.68. The company’s stock volume dropped to 0.99 million, worse than 1.38 million that represents its 50-day average. A 5-day increase of about 1% in its price means LNT is now 12.07% higher on year-to-date. The shares have surrendered $43215.65 since its $47.92 52-week high price recorded on 14th of May 2019. Overall, it has seen a growth rate of 13.66 over the last 12 months. The current price per share is $9.13 above the 52 week low of $38.22 set on 12th of June 2018.

Alliant Energy Corporation (NASDAQ:LNT)’s EPS was $0.53 as reported for the March quarter. In comparison, the same quarter a year ago had an EPS of $0.52. That means that its growth in general now stands at 2%. Therefore, a prediction of $0.51 given by the analysts brought a positive surprise of 4%. LNT March quarter revenue was $987.2 million, compared to $916.3 million recorded in same quarter last year, giving it a 8% growth rate. The company’s $70.9 million revenue growth that quarter surprised Wall Street and investors will need to consider this as they assess the stock.

MDU Resources Group, Inc. (NYSE:MDU) shares depreciated -1.17% over the last trading period, taking overall 5-day performance up to -2.58%. MDU’s price now at $25.28 is weaker than the 50-day average of $25.78. Getting the trading period increased to 200 days, the stock price was seen at $26.11 on average. The general public currently hold control of a total of 196.05 million shares, which is the number publicly available for trading. The total of shares that it has issued to investors is 197.39 million. The company’s management holds a total of 0.6%, while institutional investors hold about 66.8% of the remaining shares. MDU share price finished last trade -1.73% below its 20 day simple moving average and its downbeat gap from 200 day simple moving average is -3.24%, while closing the session with -2.03% distance from 50 day simple moving average.

MDU Resources Group, Inc. (MDU) shares were last observed trading -14.65% down since July 06, 2018 when the peak of $29.62 was hit. Last month’s price growth of -1.98% puts MDU performance for the year now at 6.04%. Consequently, the shares price is trending higher by 11.22%, a 52-week worst price since Dec. 26, 2018. However, it is losing value with -4.02% in the last 6 months. From a technical perspective, it appears more likely that the stock will experience a Bull Run market as a result of the strong support seen recently between $25.01 and $25.14. The immediate resistance area is now $25.54 Williams’s %R (14) for MDU moved to 97.84 while the stochastic %K points at 20.38.

MDU’s beta is 0.71; meaning investors could reap lower returns, although it also poses lower risks. The company allocated $1.34 per share from its yearly profit to its outstanding shares. Its last reported revenue is $1.07 billion, which was 2% versus $1.04 billion in the corresponding quarter last year. The EPS for Mar 19 quarter came in at $0.21 compared to $0.22 in the year-ago quarter and had represented -5% year-over-year earnings per share growth. MDU’s ROA is 3.9%, lower than the 5.7% industry average. Although a more robust percentage would be better, consideration is given to how well peers within the industry performed. Companies within the sector had an ROA of 4.49%.

Estimated quarterly earnings for MDU Resources Group, Inc. (NYSE:MDU) are around $0.25 per share in three months through June with $0.6 also the estimate for September quarter of the fiscal year. It means the growth is estimated at 13.64% and 9.09%, respectively. Analysts estimate full-year growth to be 7.97%, the target being $1.49 a share. The upcoming year will see an increase in growth by percentage to 7.38%, more likely to see it hit the $1.6 per share. The firm’s current profit margin over the past 12 months is 5.8%. MDU ranks lower in comparison to an average of 37.37% for industry peers; while the average for the sector is 14.49%.