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National Grid plc is an utilities-regulated electric business based in the US. National Grid shares (NGG) are listed on the NYSE and all prices are listed in US Dollars. National Grid employs 23,683 staff and has a trailing 12-month revenue of around 0.00.
|Latest market close||$62.42|
|52-week range||$54.02 - $67.16|
|50-day moving average||$63.28|
|200-day moving average||$64.27|
|Wall St. target price||$69.82|
|Dividend yield||$0.492 (0.8%)|
|Earnings per share (TTM)||$3.18|
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The value of any investment can go up or down depending on news, trends and market conditions. We are not investment advisers, so do your own due diligence to understand the risks before you invest.
The technical analysis gauge below displays real-time ratings for the timeframes you select. This is not a recommendation, however. It represents a technical analysis based on the most popular technical indicators: Moving Averages, Oscillators and Pivots. Finder might not concur and takes no responsibility.
This chart is not advice or a guarantee of success. Rather, it gauges the real-time recommendations of three popular technical indicators: moving averages, oscillators and pivots. Finder is not responsible for how your stock performs.
|1 week (2021-10-14)||1.23%|
|1 month (2021-09-21)||-4.25%|
|3 months (2021-07-21)||-1.48%|
|6 months (2021-04-21)||-0.94%|
|1 year (2020-10-21)||2.21%|
|2 years (2019-10-21)||7.58%|
|3 years (2018-10-19)||14.07%|
|5 years (2016-10-21)||65.3595|
Valuing National Grid stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of National Grid's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
National Grid's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 19x. In other words, National Grid shares trade at around 19x recent earnings.
That's relatively low compared to, say, the trailing 12-month P/E ratio for the NASDAQ 100 at the end of 2019 (27.29). The low P/E ratio could mean that investors are pessimistic about the outlook for the shares or simply that they're under-valued.
National Grid's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 1.8992. A low ratio can be interpreted as meaning the shares offer better value, while a higher ratio can be interpreted as meaning the shares offer worse value.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into National Grid's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
National Grid's EBITDA (earnings before interest, taxes, depreciation and amortisation) is $4.4 billion.
The EBITDA is a measure of a National Grid's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$14.8 billion|
|Operating margin TTM||20.81%|
|Gross profit TTM||$14.8 billion|
|Return on assets TTM||2.85%|
|Return on equity TTM||8.28%|
|Market capitalisation||$44.6 billion|
TTM: trailing 12 months
There are currently 286,613 National Grid shares held short by investors – that's known as National Grid's "short interest". This figure is 8.7% down from 314,058 last month.
There are a few different ways that this level of interest in shorting National Grid shares can be evaluated.
National Grid's "short interest ratio" (SIR) is the quantity of National Grid shares currently shorted divided by the average quantity of National Grid shares traded daily (recently around 329440.22988506). National Grid's SIR currently stands at 0.87. In other words for every 100,000 National Grid shares traded daily on the market, roughly 870 shares are currently held short.
However National Grid's short interest can also be evaluated against the total number of National Grid shares, or, against the total number of tradable National Grid shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case National Grid's short interest could be expressed as 0% of the outstanding shares (for every 100,000 National Grid shares in existence, roughly 0 shares are currently held short) or 0.0004% of the tradable shares (for every 100,000 tradable National Grid shares, roughly 0 shares are currently held short).
Such a low SIR usually points to an optimistic outlook for the share price, with fewer people currently willing to bet against National Grid.
Find out more about how you can short National Grid stock.
Dividend payout ratio: 8.49% of net profits
Recently National Grid has paid out, on average, around 8.49% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 5.53% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), National Grid shareholders could enjoy a 5.53% return on their shares, in the form of dividend payments. In National Grid's case, that would currently equate to about $0.492 per share.
While National Grid's payout ratio might seem low, this can signify that National Grid is investing more in its future growth.
National Grid's most recent dividend payout was on 17 August 2021. The latest dividend was paid out to all shareholders who bought their shares by 2 June 2021 (the "ex-dividend date").
National Grid's shares were split on a 916:1000 basis on 21 May 2017. So if you had owned 1000 shares the day before before the split, the next day you'd have owned 916 shares. This wouldn't directly have changed the overall worth of your National Grid shares – just the quantity. However, indirectly, the new 9.2% higher share price could have impacted the market appetite for National Grid shares which in turn could have impacted National Grid's share price.
Over the last 12 months, National Grid's shares have ranged in value from as little as $54.0195 up to $67.16. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while National Grid's is 0.0974. This would suggest that National Grid's shares are less volatile than average (for this exchange).
National Grid plc transmits and distributes electricity and natural gas. It operates through UK Electricity Transmission, UK Gas Transmission, US Regulated, and National Grid Ventures (NGV) and Other segments. The UK Electricity Transmission segment owns and operates electricity transmission networks, which comprise approximately 7,236 kilometers of overhead lines. The UK Gas Transmission segment owns and operates gas transmission systems, as well as third-party independent systems and liquefied natural gas (LNG) storage facilities. The US Regulated segments owns and operates transmission facilities across upstate New York, Massachusetts, New Hampshire, Rhode Island, and Vermont; and electricity distribution networks in upstate New York, Massachusetts, and Rhode Island. Its assets comprise 14,439 kilometers of overhead lines; an electricity distribution network of approximately 117,498 circuit miles; and a network of approximately 57,551 kilometers of gas pipeline. The NGV and Other segment engages in the energy metering business; transporting renewable energy long distances through its electricity interconnectors; and storing LNG, as well as commercial property and insurance activities in the United Kingdom.
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