In other words, the price has increased by $0.00 from its previous closing price. On the day, 584894 shares were traded.
Ratios:
Our analysis of AGR’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.56 and its Current Ratio is at 0.65. In the meantime, Its Debt-to-Equity ratio is 0.62 whereas as Long-Term Debt/Eq ratio is at 0.52.
On October 14, 2022, Mizuho Upgraded its rating to Neutral which previously was Underperform and also lowered its target price recommendation from $47 to $39.
KeyBanc Capital Markets Downgraded its Sector Weight to Underweight on June 27, 2022, while the target price for the stock was maintained at $40.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Feb 01 when Solomont Alan D bought 165 shares for $30.39 per share. The transaction valued at 5,014 led to the insider holds 10,306 shares of the business.
Solomont Alan D bought 155 shares of AGR for $5,008 on Jan 02. The Director now owns 10,141 shares after completing the transaction at $32.31 per share. On Dec 01, another insider, Solomont Alan D, who serves as the Director of the company, bought 162 shares for $30.75 each. As a result, the insider paid 4,982 and bolstered with 9,986 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, AGR now has a Market Capitalization of 12.04B and an Enterprise Value of 24.15B. As of this moment, Avangrid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 15.33, and their Forward P/E ratio for the next fiscal year is 12.77. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.40 while its Price-to-Book (P/B) ratio in mrq is 0.61. Its current Enterprise Value per Revenue stands at 2.91 whereas that against EBITDA is 10.86.
Stock Price History:
Over the past 52 weeks, AGR has reached a high of $41.22, while it has fallen to a 52-week low of $27.46. The 50-Day Moving Average of the stock is 31.65, while the 200-Day Moving Average is calculated to be 33.65.
Shares Statistics:
AGR traded an average of 773.97K shares per day over the past three months and 808.78k shares per day over the past ten days. A total of 386.77M shares are outstanding, with a floating share count of 68.54M. Insiders hold about 82.28% of the company’s shares, while institutions hold 12.72% stake in the company. Shares short for AGR as of Feb 15, 2024 were 4.25M with a Short Ratio of 5.49, compared to 4.81M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.10% and a Short% of Float of 6.00%.
Dividends & Splits
With its trailing 12-month dividend rate of 1.76, AGR has a forward annual dividend rate of 1.76. Against a Trailing Annual Dividend Yield of 5.65%, it implies a Forward Annual Dividend Yield of 5.65%. The stock’s 5-year Average Dividend Yield is 3.99.
Earnings Estimates
The firm’s stock currently is rated by 3 analysts. On average, analysts expect EPS of $0.72 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.68, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.41, with high estimates of $0.46 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.32 and $2.21 for the fiscal current year, implying an average EPS of $2.27. EPS for the following year is $2.43, with 10 analysts recommending between $2.48 and $2.3.
Revenue Estimates
It is expected that $90B in revenue will be generated in the current quarter, according to 1 analysts. It ranges from a high estimate of $2.63B to a low estimate of $2.63B. As of the current estimate, Avangrid Inc’s year-ago sales were $2.22B, an estimated increase of 18.50% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $1.72B, a decrease of -6.40% less than the figure of $18.50% in the same quarter last year. There is a high estimate of $1.72B for the next quarter, whereas the lowest estimate is $1.72B.
A total of 7 analysts have provided revenue estimates for AGR’s current fiscal year. The highest revenue estimate was $8.8B, while the lowest revenue estimate was $8.4B, resulting in an average revenue estimate of $8.63B. In the same quarter a year ago, actual revenue was $8.31B, up 3.90% from the average estimate. Based on 7 analysts’ estimates, the company’s revenue will be $8.92B in the next fiscal year. The high estimate is $9.07B and the low estimate is $8.67B. The average revenue growth estimate for next year is up 3.30% from the average revenue estimate for this year.
