Allete Inc (ALE-N) Analyst Research & Price Targets - The Globe and Mail

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Volume

Current Target Price

High Target Price

Mean Target Price

Low Target Price

Median Target Price

Earnings Estimates

	Current Qtr03/2024	Next Qtr06/2024	Fiscal Yr12/2024	Fiscal Yr12/2025
Average Estimate	1.09	0.87	3.75	4.02
Number of Estimates	1	1	1	1
High Estimate	1.09	0.87	3.75	4.02
Low Estimate	1.09	0.87	3.75	4.02
Prior Year	1.02	0.90	4.30	3.75
Growth Rate Est. (year over year)	+6.86%	-3.33%	-12.79%	+7.20%

Earnings History - Surprises*

	Qtr Ending12/2023	Qtr Ending09/2023	Qtr Ending06/2023	Qtr Ending03/2023
Reported	$0.89	$1.49	$0.90	$1.02
Estimate	$0.93	$0.61	$0.78	$1.19
Difference	-0.04	+0.88	+0.12	-0.17
Surprise	-4.30%	+144.26%	+15.38%	-14.29%

* Earnings are based on GAAP income from continuing operations.

Average Analyst Ratings

2.83

3 Mths Ago6

2.83

2 Mths Ago6

2.83

1 Mth Ago6

3.00

Current5

Ratings Values:

Strong Buy5

Moderate Buy4

Hold3

Moderate Sell2

Strong Sell1

Ratings Breakdown

	3 Mths Ago	2 Mths Ago	1 Mth Ago	Current
# of Analysts:	6	6	6	5

Holds	5	5	5	5
	1	1	1

Key:

Strong Buy

Moderate Buy

Hold

Moderate Sell

Strong Sell

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