ALE
Price
$59.97
Change
+$0.13 (+0.22%)
Updated
Apr 24, 6:59 PM EST
15 days until earnings call
MGEE
Price
$78.97
Change
+$0.76 (+0.97%)
Updated
Apr 24, 6:59 PM EST
8 days until earnings call
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Analysis and predictions ALE vs MGEE

Header iconALE vs MGEE Comparison
Open Charts ALE vs MGEEBanner chart's image
ALLETE
Price$59.97
Change+$0.13 (+0.22%)
Volume$49.41K
CapitalizationN/A
MGE Energy
Price$78.97
Change+$0.76 (+0.97%)
Volume$92.56K
CapitalizationN/A
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ALE vs MGEE Comparison Chart

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ALEDaily Signal changed days agoGain/Loss if shorted
 
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MGEEDaily Signal changed days agoGain/Loss if shorted
 
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VS
ALE vs. MGEE commentary
Apr 25, 2024

To compare these two companies we present long-term analysis, their fundamental ratings and make comparative short-term technical analysis which are presented below. The conclusion is ALE is a Hold and MGEE is a Buy.

COMPARISON
Comparison
Apr 25, 2024
Stock price -- (ALE: $59.80 vs. MGEE: $78.21)
Brand notoriety: ALE and MGEE are both not notable
Both companies represent the Electric Utilities industry
Current volume relative to the 65-day Moving Average: ALE: 80% vs. MGEE: 27%
Market capitalization -- ALE: $3.43B vs. MGEE: $2.85B
ALE [@Electric Utilities] is valued at $3.43B. MGEE’s [@Electric Utilities] market capitalization is $2.85B. The market cap for tickers in the [@Electric Utilities] industry ranges from $131.17B to $0. The average market capitalization across the [@Electric Utilities] industry is $18.03B.

Long-Term Analysis

It is best to consider a long-term outlook for a ticker by using Fundamental Analysis (FA) ratings. The rating of 1 to 100, where 1 is best and 100 is worst, is divided into thirds. The first third (a green rating of 1-33) indicates that the ticker is undervalued; the second third (a grey number between 34 and 66) means that the ticker is valued fairly; and the last third (red number of 67 to 100) reflects that the ticker is undervalued. We use an FA Score to show how many ratings show the ticker to be undervalued (green) or overvalued (red).

ALE’s FA Score shows that 0 FA rating(s) are green whileMGEE’s FA Score has 0 green FA rating(s).

  • ALE’s FA Score: 0 green, 5 red.
  • MGEE’s FA Score: 0 green, 5 red.
According to our system of comparison, MGEE is a better buy in the long-term than ALE.

Short-Term Analysis

It is best to consider a short-term outlook for a ticker by using Technical Analysis (TA) indicators. We use Odds of Success as the percentage of outcomes which confirm successful trade signals in the past.

If the Odds of Success (the likelihood of the continuation of a trend) for each indicator are greater than 50%, then the generated signal is confirmed. A green percentage from 90% to 51% indicates that the ticker is in a bullish trend. A red percentage from 90% - 51% indicates that the ticker is in a bearish trend. All grey percentages are below 50% and are considered not to confirm the trend signal.

ALE’s TA Score shows that 5 TA indicator(s) are bullish while MGEE’s TA Score has 3 bullish TA indicator(s).

  • ALE’s TA Score: 5 bullish, 4 bearish.
  • MGEE’s TA Score: 3 bullish, 5 bearish.
According to our system of comparison, ALE is a better buy in the short-term than MGEE.

Price Growth

ALE (@Electric Utilities) experienced а +4.18% price change this week, while MGEE (@Electric Utilities) price change was +5.82% for the same time period.

The average weekly price growth across all stocks in the @Electric Utilities industry was +2.30%. For the same industry, the average monthly price growth was +0.48%, and the average quarterly price growth was +11.28%.

Reported Earning Dates

ALE is expected to report earnings on Jul 31, 2024.

MGEE is expected to report earnings on Aug 01, 2024.

Industries' Descriptions

@Electric Utilities (+2.30% weekly)

Electric utilities companies generate, transmit and distribute electricity to businesses/offices and residences. Companies may be owned by the government or investors or public shareholders, or a combination thereof. The industry also includes firms that buy and sell electricity. Companies in this industry typically require significant investments in infrastructure. Many firms in this industry pay substantial and regular dividends to shareholders. However, changes in interest rates (and their impact on debt burdens), natural disasters and changing commodity prices could be factors affecting energy utilities’ profit margins. NextEra Energy, Inc., Duke Energy Corporation, Dominion Energy Inc. and Southern Company are among U.S. electric utilities companies with the largest market capitalizations.

SUMMARIES
A.I.dvisor published
a Summary for ALE with price predictions.
OPEN
A.I.dvisor published
a Summary for MGEE with price predictions.
OPEN
FUNDAMENTALS
Fundamentals
ALE($3.43B) has a higher market cap than MGEE($2.85B). MGEE has higher P/E ratio than ALE: MGEE (24.27) vs ALE (13.87). MGEE YTD gains are higher at: 8.891 vs. ALE (-1.002). ALE has higher annual earnings (EBITDA): 546M vs. MGEE (276M). ALE has more cash in the bank: 71.9M vs. MGEE (11.1M). MGEE has less debt than ALE: MGEE (780M) vs ALE (1.79B). ALE has higher revenues than MGEE: ALE (1.88B) vs MGEE (690M).
ALEMGEEALE / MGEE
Capitalization3.43B2.85B121%
EBITDA546M276M198%
Gain YTD-1.0028.891-11%
P/E Ratio13.8724.2757%
Revenue1.88B690M272%
Total Cash71.9M11.1M648%
Total Debt1.79B780M230%
FUNDAMENTALS RATINGS
ALE vs MGEE: Fundamental Ratings
ALE
MGEE
OUTLOOK RATING
1..100
1179
VALUATION
overvalued / fair valued / undervalued
1..100
34
Fair valued
63
Fair valued
PROFIT vs RISK RATING
1..100
10041
SMR RATING
1..100
7570
PRICE GROWTH RATING
1..100
5048
P/E GROWTH RATING
1..100
8061
SEASONALITY SCORE
1..100
n/an/a

Tickeron ratings are formulated such that a rating of 1 designates the most successful stocks in a given industry, while a rating of 100 points to the least successful stocks for that industry.

ALE's Valuation (34) in the Electric Utilities industry is in the same range as MGEE (63). This means that ALE’s stock grew similarly to MGEE’s over the last 12 months.

MGEE's Profit vs Risk Rating (41) in the Electric Utilities industry is somewhat better than the same rating for ALE (100). This means that MGEE’s stock grew somewhat faster than ALE’s over the last 12 months.

MGEE's SMR Rating (70) in the Electric Utilities industry is in the same range as ALE (75). This means that MGEE’s stock grew similarly to ALE’s over the last 12 months.

MGEE's Price Growth Rating (48) in the Electric Utilities industry is in the same range as ALE (50). This means that MGEE’s stock grew similarly to ALE’s over the last 12 months.

MGEE's P/E Growth Rating (61) in the Electric Utilities industry is in the same range as ALE (80). This means that MGEE’s stock grew similarly to ALE’s over the last 12 months.

TECHNICAL ANALYSIS
Technical Analysis
ALEMGEE
RSI
ODDS (%)
N/A
Bearish Trend 2 days ago
52%
Stochastic
ODDS (%)
Bearish Trend 2 days ago
53%
Bearish Trend 2 days ago
48%
Momentum
ODDS (%)
Bearish Trend 2 days ago
50%
Bearish Trend 2 days ago
56%
MACD
ODDS (%)
Bullish Trend 2 days ago
51%
Bearish Trend 6 days ago
57%
TrendWeek
ODDS (%)
Bullish Trend 2 days ago
46%
Bullish Trend 2 days ago
54%
TrendMonth
ODDS (%)
Bullish Trend 2 days ago
47%
Bullish Trend 2 days ago
48%
Advances
ODDS (%)
Bullish Trend 3 days ago
48%
Bullish Trend 6 days ago
53%
Declines
ODDS (%)
Bearish Trend 9 days ago
52%
Bearish Trend 9 days ago
49%
BollingerBands
ODDS (%)
Bearish Trend 2 days ago
48%
Bullish Trend 2 days ago
72%
Aroon
ODDS (%)
Bullish Trend 2 days ago
29%
N/A
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ALEDaily Signal changed days agoGain/Loss if shorted
 
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MGEEDaily Signal changed days agoGain/Loss if shorted
 
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MGEE and

Correlation & Price change

A.I.dvisor indicates that over the last year, MGEE has been closely correlated with BKH. These tickers have moved in lockstep 66% of the time. This A.I.-generated data suggests there is a high statistical probability that if MGEE jumps, then BKH could also see price increases.

1D
1W
1M
1Q
6M
1Y
5Y
Ticker /
NAME
Correlation
To MGEE
1D Price
Change %
MGEE100%
+1.05%
BKH - MGEE
66%
Closely correlated
+0.09%
LNT - MGEE
60%
Loosely correlated
+0.16%
OGE - MGEE
60%
Loosely correlated
-0.35%
PPL - MGEE
59%
Loosely correlated
-0.47%
WEC - MGEE
58%
Loosely correlated
-0.01%
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