Allete, Inc. (ALE) Buy or Sell Stock Guide
The analysis below may be helpful to you if you have any of the following questions about ALE stock:
- Is ALE a buy or a sell?
- Should I sell or hold ALE stock today?
- Is ALE a good buy / a good investment?
- What are ALE analyst opinions, recommendations, ratings?
Here are ALE stock buy reasons/signals:
1. ALE profitability is improving. The YoY profit margin change was 0.54pp.
2. ALE forward dividend yield is 2.78%, higher than the industry (1.58%) and sector (1.08%) forward dividend yields.
Here are ALE stock sell reasons/signals:
1. ALE quarterly revenue growth was -4.00%, lower than the industry and sector average revenue growth (4.27% and 4.68%, respectively).
2. ALE average analyst price target ($72.80) is below its current price ($77.56).
What are your thoughts on ALE?
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