Avangrid, Inc is an utilities-regulated electric business based in the US. Avangrid shares (AGR.US) are listed on the NYSE and all prices are listed in US Dollars. Its last market close was $53.93 – a decrease of 2.88% over the previous week. Avangrid employs 6,600 staff and has a trailing 12-month revenue of around $6.3 billion.
Since the stock market crash in March caused by coronavirus, Avangrid's share price has had significant negative movement.
Its last market close was $53.93, which is 3.77% down on its pre-crash value of $56.04 and 51.40% up on the lowest point reached during the March crash when the shares fell as low as $35.62.
If you had bought $1,000 worth of Avangrid shares at the start of February 2020, those shares would have been worth $674.73 at the bottom of the March crash, and if you held on to them, then as of the last market close they'd be worth $1,006.87.
|Latest market close||$53.93|
|52-week range||$34.6137 - $55.662|
|50-day moving average||$47.0512|
|200-day moving average||$47.9824|
|Wall St. target price||$48.5|
|Dividend yield||$1.76 (3.93%)|
|Earnings per share (TTM)||$2.06|
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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.
|1 week (2021-01-08)||4.88%|
|1 month (2020-12-16)||8.86%|
|3 months (2020-10-16)||-10.58%|
|6 months (2020-07-16)||6.35%|
|1 year (2020-01-16)||-3.30%|
|2 years (2019-01-16)||0.53%|
|3 years (2018-01-16)||1.97%|
|5 years (2016-01-15)||30.98%|
Valuing Avangrid stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of Avangrid's overall performance. However, analysts commonly use some key metrics to help gauge the value of a stock.
Avangrid's current share price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 22x. In other words, Avangrid shares trade at around 22x 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.
Avangrid's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.8054. 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 Avangrid's future profitability. By accounting for growth, it could also help you if you're comparing the share prices of multiple high-growth companies.
Avangrid's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $1.8 billion (£1.3 billion).
The EBITDA is a measure of a Avangrid's overall financial performance and is widely used to measure a its profitability.
|Revenue TTM||$6.3 billion|
|Operating margin TTM||13.13%|
|Gross profit TTM||$2.5 billion|
|Return on assets TTM||1.49%|
|Return on equity TTM||3.84%|
|Market capitalisation||$13.9 billion|
TTM: trailing 12 months
There are currently 2.7 million Avangrid shares held short by investors – that's known as Avangrid's "short interest". This figure is 9.5% up from 2.5 million last month.
There are a few different ways that this level of interest in shorting Avangrid shares can be evaluated.
Avangrid's "short interest ratio" (SIR) is the quantity of Avangrid shares currently shorted divided by the average quantity of Avangrid shares traded daily (recently around 689954.33673469). Avangrid's SIR currently stands at 3.92. In other words for every 100,000 Avangrid shares traded daily on the market, roughly 3920 shares are currently held short.
However Avangrid's short interest can also be evaluated against the total number of Avangrid shares, or, against the total number of tradable Avangrid shares (the shares that aren't held by "insiders" or major long-term shareholders – also known as the "float"). In this case Avangrid's short interest could be expressed as 0.01% of the outstanding shares (for every 100,000 Avangrid shares in existence, roughly 10 shares are currently held short) or 0.0474% of the tradable shares (for every 100,000 tradable Avangrid shares, roughly 47 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 Avangrid.
Find out more about how you can short Avangrid stock.
Dividend payout ratio: 82.24% of net profits
Recently Avangrid has paid out, on average, around 82.24% of net profits as dividends. That has enabled analysts to estimate a "forward annual dividend yield" of 3.93% of the current stock value. This means that over a year, based on recent payouts (which are sadly no guarantee of future payouts), Avangrid shareholders could enjoy a 3.93% return on their shares, in the form of dividend payments. In Avangrid's case, that would currently equate to about $1.76 per share.
Avangrid's payout ratio would broadly be considered high, and as such this stock could appeal to those looking to generate an income. Bear in mind however that companies should normally also look to re-invest a decent amount of net profits to ensure future growth.
Avangrid's most recent dividend payout was on 4 January 2021. The latest dividend was paid out to all shareholders who bought their shares by 10 December 2020 (the "ex-dividend date").
Over the last 12 months, Avangrid's shares have ranged in value from as little as $34.6137 up to $55.662. 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 Avangrid's is 0.2261. This would suggest that Avangrid's shares are less volatile than average (for this exchange).
Avangrid, Inc. operates as an energy services holding company in the United States. It operates through two segments, Networks and Renewables. The company engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It also develops, constructs, and operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. The company delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities. In addition, it generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States. Avangrid, Inc. owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.0 gigawatts of electricity capacity, primarily through wind power in 22 states. The company was founded in 1852 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.
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