Comparing Alternus Clean Energy (NASDAQ:ALCE) and Alliant Energy (NASDAQ:LNT)

Alternus Clean Energy (NASDAQ:ALCEGet Free Report) and Alliant Energy (NASDAQ:LNTGet Free Report) are both oils/energy companies, but which is the better business? We will compare the two businesses based on the strength of their profitability, risk, dividends, institutional ownership, analyst recommendations, earnings and valuation.

Volatility & Risk

Alternus Clean Energy has a beta of -0.6, indicating that its share price is 160% less volatile than the S&P 500. Comparatively, Alliant Energy has a beta of 0.56, indicating that its share price is 44% less volatile than the S&P 500.

Insider and Institutional Ownership

79.9% of Alliant Energy shares are owned by institutional investors. 24.3% of Alternus Clean Energy shares are owned by insiders. Comparatively, 0.3% of Alliant Energy shares are owned by insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Profitability

This table compares Alternus Clean Energy and Alliant Energy’s net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Alternus Clean Energy N/A N/A N/A
Alliant Energy 17.53% 10.57% 3.38%

Analyst Recommendations

This is a breakdown of current ratings and target prices for Alternus Clean Energy and Alliant Energy, as reported by MarketBeat.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Alternus Clean Energy 0 0 0 0 N/A
Alliant Energy 0 4 3 0 2.43

Alliant Energy has a consensus target price of $51.38, indicating a potential upside of 1.25%. Given Alliant Energy’s higher possible upside, analysts clearly believe Alliant Energy is more favorable than Alternus Clean Energy.

Valuation & Earnings

This table compares Alternus Clean Energy and Alliant Energy’s gross revenue, earnings per share (EPS) and valuation.

Gross Revenue Price/Sales Ratio Net Income Earnings Per Share Price/Earnings Ratio
Alternus Clean Energy $20.08 million 1.52 -$69.46 million N/A N/A
Alliant Energy $4.03 billion 3.23 $703.00 million $2.75 18.45

Alliant Energy has higher revenue and earnings than Alternus Clean Energy.

Summary

Alliant Energy beats Alternus Clean Energy on 10 of the 11 factors compared between the two stocks.

About Alternus Clean Energy

(Get Free Report)

Alternus Energy Group Plc operates as an international vertically integrated independent power producer. It owns, develops, installs, and operates midsized utility scale solar parks. The company was incorporated in 2019 and is headquartered in Dublin, Ireland.

About Alliant Energy

(Get Free Report)

Alliant Energy Corporation operates as a utility holding company that provides regulated electricity and natural gas services in the United States. It operates in three segments: Utility Electric Operations, Utility Gas Operations, and Utility Other. The company, through its subsidiary, Interstate Power and Light Company (IPL), primarily generates and distributes electricity, and distributes and transports natural gas to retail customers in Iowa; sells electricity to wholesale customers in Minnesota, Illinois, and Iowa; and generates and distributes steam in Cedar Rapids, Iowa. Alliant Energy Corporation, through its other subsidiary, Wisconsin Power and Light Company (WPL), generates and distributes electricity, and distributes and transports natural gas to retail customers in Wisconsin; and sells electricity to wholesale customers in Wisconsin. It serves retail customers in the farming, agriculture, industrial manufacturing, chemical, packaging, and food industries, as well as wholesale customers comprising municipalities and rural electric cooperatives. In addition, the company owns and operates a short-line rail freight service in Iowa; a Mississippi River barge, rail, and truck freight terminal in Illinois; freight brokerage services; wind turbine blade recycling services; and a rail-served warehouse in Iowa. Further, it holds interests in a natural gas-fired electric generating unit near Sheboygan Falls, Wisconsin; and a wind farm located in Oklahoma. The company was formerly known as Interstate Energy Corp. and changed its name to Alliant Energy Corporation in May 1999. Alliant Energy Corporation was incorporated in 1981 and is headquartered in Madison, Wisconsin.

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