An update from National Grid Transco ( (NGG) ) is now available.
On April 10, 2025, National Grid plc issued a pre-close update ahead of its full-year results for the year ending March 31, 2025. The company’s performance aligns with previous expectations and guidance. The full-year results will be announced on May 15, 2025, accompanied by an investor event focusing on major capital projects in the UK and US. This update suggests stability in National Grid’s operations and reinforces its strategic focus on energy infrastructure, potentially impacting stakeholders positively by highlighting ongoing and future projects.
Spark’s Take on NGG Stock
According to Spark, TipRanks’ AI Analyst, NGG is a Outperform.
National Grid Transco’s overall stock score reflects solid financial performance despite challenges in revenue and profitability. The technical indicators show bullish momentum, and the valuation offers a reasonable P/E with an attractive dividend yield. The positive sentiment from the recent earnings call, highlighting significant investments and strategic initiatives, further bolsters the stock’s outlook.
To see Spark’s full report on NGG stock, click here.
More about National Grid Transco
National Grid plc operates in the energy sector, focusing on electricity and gas transmission and distribution. It serves markets in the UK and the US, with a strong emphasis on infrastructure development and energy transition projects.
YTD Price Performance: 9.52%
Average Trading Volume: 754,930
Technical Sentiment Signal: Strong Sell
Current Market Cap: $61.14B
For an in-depth examination of NGG stock, go to TipRanks’ Stock Analysis page.