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Avangrid (AGR)
NYSE:AGR
Avangrid (AGR) Stock Price & Analysis
213 Followers
AGR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.70 - $37.64
Previous Close$37.55
Volume685.75K
Average Volume (3M)940.95K
Market Cap
$14.53B
Enterprise Value$15.66B
Total Cash (Recent Filing)$75.00M
Total Debt (Recent Filing)$267.00M
Price to Earnings (P/E)16.3
Beta0.52
Next Earnings
Jul 23, 2024EPS Estimate
$0.39Next Dividend Ex-Date
Jun 03, 2024Dividend Yield4.74%
Share Statistics
EPS (TTM)2.30
Shares Outstanding386,906,260
10 Day Avg. Volume595,730
30 Day Avg. Volume940,949
Standard Deviation0.06
R-Squared0.23
Alpha-0.00617
Financial Highlights & Ratios
Price to Book (P/B)0.89
Price to Sales (P/S)1.83
Price to Cash Flow (P/CF)22.20
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.91
Enterprise Value/Gross Profit3.10
Enterprise Value/Ebitda8.10
Forecast
1Y Price Target
$33.50Price Target Upside-10.74% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Avangrid News
PremiumCompany Announcements
Avangrid Networks Announces CEO Catherine Stempien’s Departure
PremiumCompany Announcements
Avangrid Enhances Director Protections, Mulls Iberdrola Offer
Bulls Say, Bears Say
Bulls Say
Financial StabilityWith Avangrid's earnings per share (EPS) guidance aligning with analyst estimates, this consistency suggests a stable financial outlook for the company.
Legislative BenefitsAvangrid could benefit from the Inflation Reduction Act, which offers subsidies, loans, and tax credits for clean energy projects, enhancing its potential for growth in the renewable energy market.
Renewable Energy FocusAvangrid operates across approximately 24 states, focusing on renewable energy with 91% of its electricity capacity from renewables, predominantly onshore wind, positioning it as a leader in the clean energy sector.
Bears Say
Acquisition Offer ConcernsIberdrola's privatisation offer for Avangrid is considered below average in terms of M&A premiums, which may not be enticing enough for minority shareholders.
Operational And Financial PerformanceAnalyst maintains Underperform rating on Avangrid shares, viewing them as relatively expensive with below-average long-term EPS growth and above-average risk profile.
Regulatory And Economic RisksPotential risks for Avangrid include negative outcomes from ongoing rate-case filings, regulatory pushbacks, and uncertain economics for offshore wind assets due to inflationary pressures.
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Ownership Overview
81.82% Insiders
3.20% Mutual Funds
7.70% Other Institutional Investors
7.29% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
Website Traffic
Sorry, No Data AvailableThere is no website visitor data available for this stock.
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AGR FAQ
What was Avangrid’s price range in the past 12 months?
Avangrid lowest stock price was $26.70 and its highest was $37.63 in the past 12 months.
What is Avangrid’s market cap?
Currently, no data Available
When is Avangrid’s upcoming earnings report date?
Avangrid’s upcoming earnings report date is Jul 23, 2024 which is in 67 days.
How were Avangrid’s earnings last quarter?
Avangrid released its earnings results on Apr 23, 2024. The company reported $0.88 earnings per share for the quarter, beating the consensus estimate of $0.693 by $0.187.
Is Avangrid overvalued?
According to Wall Street analysts Avangrid’s price is currently Overvalued.
Does Avangrid pay dividends?
Avangrid pays a Quarterly dividend of $0.44 which represents an annual dividend yield of 4.74%. See more information on Avangrid dividends here
What is Avangrid’s EPS estimate?
Avangrid’s EPS estimate is $0.39.
How many shares outstanding does Avangrid have?
Avangrid has 386,906,250 shares outstanding.
What happened to Avangrid’s price movement after its last earnings report?
Avangrid reported an EPS of $0.88 in its last earnings report, beating expectations of $0.693. Following the earnings report the stock price went up 0.489%.
Which hedge fund is a major shareholder of Avangrid?
Among the largest hedge funds holding Avangrid’s share is Gamco Investors, Inc. ET AL. It holds Avangrid’s shares valued at 13M.
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Avangrid Stock Smart Score
Underperform
1
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9
10
Analyst Consensus
Moderate Sell
Average Price Target:
$33.50 (-10.74% Downside)
$33.50 (-10.74% Downside)
Blogger Sentiment
Neutral
AGR Sentiment 67%
Sector Average 69%
Sector Average 69%
Hedge Fund Trend
Decreased
By 5.2K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Bought Shares
Worth $5.0K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.4%
Last 30 Days ▼ 6.0%
Last 30 Days ▼ 6.0%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-0.91%
12-Months-Change
Fundamentals
Return on Equity
4.53%
Trailing 12-Months
Asset Growth
8.69%
Trailing 12-Months
Company Description
Avangrid
Avangrid, Inc. is a diversified energy and utility company. It operates regulated utilities and electricity generation assets through two primary lines of business: Avangrid Networks and Avangrid Renewables. The Avangrid Networks includes eight electric and natural gas utilities. The Avangrid Renewables provides electricity through wind power, across the United States. The company was founded in 1852 and is headquartered in Orange, CT.
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AGR Company Deck
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AGR Earnings Call
Q4 2024
0:00 / 0:00
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AGR Stock 12 Month Forecast
Average Price Target
$33.50
▼(-10.74% Downside)
Technical Analysis
Best Analysts Covering AGR
1 Year
1 Year Success Rate
8/14 ratings generated profit
1 Year Average Return
+2.79%
reiterated a sell rating 2 months ago
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 57.14% of your transactions generating a profit, with an average return of +2.79% per trade.
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