Avangrid Inc (NYSE: AGR) closed the day trading at $35.84 up 0.93% from the previous closing price of $35.51. In other words, the price has increased by $+0.33 from its previous closing price. On the day, 1812385 shares were traded.
Ratios:
For a better understanding of AGR, let’s look at its different ratios. 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.
Mizuho Upgraded its Underperform to Neutral on October 14, 2022, whereas the target price for the stock was revised from $47 to $39.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 01 ’24 when Solomont Alan D bought 161 shares for $31.08 per share. The transaction valued at 5,004 led to the insider holds 10,467 shares of the business.
Solomont Alan D bought 165 shares of AGR for $5,014 on Feb 01 ’24. The Director now owns 10,306 shares after completing the transaction at $30.39 per share. On Jan 02 ’24, another insider, Solomont Alan D, who serves as the Director of the company, bought 155 shares for $32.31 each. As a result, the insider paid 5,008 and bolstered with 10,141 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 13.86B and an Enterprise Value of 25.97B. As of this moment, Avangrid’s Price-to-Earnings (P/E) ratio for their current fiscal year is 17.65, and their Forward P/E ratio for the next fiscal year is 14.77. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 44.13. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.62 while its Price-to-Book (P/B) ratio in mrq is 0.71. Its current Enterprise Value per Revenue stands at 3.13 whereas that against EBITDA is 11.68.
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 31.90, while the 200-Day Moving Average is calculated to be 33.50.
Shares Statistics:
Over the past 3-months, AGR traded about 889.22K shares per day on average, while over the past 10 days, AGR traded about 1.59M shares per day. A total of 386.77M shares are outstanding, with a floating share count of 68.52M. Insiders hold about 82.28% of the company’s shares, while institutions hold 12.71% stake in the company. Shares short for AGR as of Feb 29, 2024 were 4.26M with a Short Ratio of 4.79, compared to 4.1M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.10% and a Short% of Float of 6.01%.
Dividends & Splits
AGR’s forward annual dividend rate is 1.76, up from 1.76 a year ago. Against a Trailing Annual Dividend Yield of 4.96%, it implies a Forward Annual Dividend Yield of 4.91%. The stock’s 5-year Average Dividend Yield is 3.99.
Earnings Estimates
Current recommendations for the stock of the company come from 4 analysts. On average, analysts expect EPS of $0.66 for the current quarter, with a high estimate of $0.77 and a low estimate of $0.49, while EPS last year was $0.64. The consensus estimate for the next quarter is $0.44, with high estimates of $0.54 and low estimates of $0.34.
Analysts are recommending an EPS of between $2.32 and $2.14 for the fiscal current year, implying an average EPS of $2.25. EPS for the following year is $2.41, with 10 analysts recommending between $2.48 and $2.3.
Revenue Estimates
2 analysts predict $2.55B in revenue for the current quarter. It ranges from a high estimate of $2.63B to a low estimate of $2.48B. As of the current estimate, Avangrid Inc’s year-ago sales were $2.22B, an estimated increase of 15.20% from the year-ago figure. For the next quarter, 2 analysts are estimating revenue of $1.74B, a decrease of -5.40% less than the figure of $15.20% in the same quarter last year. There is a high estimate of $1.75B for the next quarter, whereas the lowest estimate is $1.72B.
A total of 8 analysts have provided revenue estimates for AGR’s current fiscal year. The highest revenue estimate was $8.76B, while the lowest revenue estimate was $8.21B, resulting in an average revenue estimate of $8.53B. In the same quarter a year ago, actual revenue was $8.31B, up 2.60% from the average estimate. Based on 8 analysts’ estimates, the company’s revenue will be $8.79B in the next fiscal year. The high estimate is $9.07B and the low estimate is $8.44B. The average revenue growth estimate for next year is up 3.00% from the average revenue estimate for this year.
