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Avangrid (AGR)
NYSE:AGR
Avangrid (AGR) Stock Price & Analysis
211 Followers
AGR Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$26.70 - $39.10
Previous Close$35.71
Volume903.24K
Average Volume (3M)965.27K
Market Cap
$13.90B
Enterprise Value$15.03B
Total Cash (Recent Filing)$75.00M
Total Debt (Recent Filing)$267.00M
Price to Earnings (P/E)17.7
Beta0.58
Next Earnings
Apr 23, 2024EPS Estimate
$0.69Next Dividend Ex-Date
Jun 03, 2024Dividend Yield4.9%
Share Statistics
EPS (TTM)2.03
Shares Outstanding386,779,949
10 Day Avg. Volume769,720
30 Day Avg. Volume965,272
Standard Deviation0.06
R-Squared0.24
Alpha-0.00679
Financial Highlights & Ratios
Price to Book (P/B)0.86
Price to Sales (P/S)1.74
Price to Cash Flow (P/CF)21.50
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.84
Enterprise Value/Gross Profit2.98
Enterprise Value/Ebitda7.77
Forecast
1Y Price Target
$33.50Price Target Upside-7.05% Downside
Rating ConsensusModerate Sell
Number of Analyst Covering6
Avangrid News
PremiumCompany Announcements
Avangrid Enhances Director Protections, Mulls Iberdrola Offer
PremiumCompany Announcements
Avangrid Contemplates Major Takeover Bid by Iberdrola
Bulls Say, Bears Say
Bulls Say
Acquisition PremiumIberdrola launched an offer to acquire the 18.4% of AGR that the company does not already own, with the offer price representing a premium versus AGR's recent closing prices.
Growth ProspectsAGR has a path toward 6%+ EPS growth driven by regulated capex, wind repowering opportunities and new renewables origination.
Legislative TailwindsAvangrid could benefit from the Inflation Reduction Act due to its focus on clean energy and decarbonization.
Bears Say
Acquisition OfferIberdrola's offer premium for Avangrid's shares is considered below average and may not reflect enough control premium, potentially leading to dissatisfaction among shareholders.
Guidance And Performance ConcernsAvangrid's management did not reaffirm the expected ~6-7% EPS compound annual growth rate for 2022-2025, causing concerns for a potential long-term earnings reset to lower levels.
Regulatory And Project RisksWith risks of negative outcomes from rate-case filings and regulatory pushbacks, along with uncertain economics for offshore wind assets, Avangrid may face headwinds affecting its financial performance.
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Ownership Overview
81.84% Insiders
3.19% Mutual Funds
3.78% Other Institutional Investors
11.18% 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 $39.10 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 Apr 23, 2024 which is in 3 days.
How were Avangrid’s earnings last quarter?
Avangrid released its earnings results on Feb 21, 2024. The company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.928 by $0.042.
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 4.9%. See more information on Avangrid dividends here
What is Avangrid’s EPS estimate?
Avangrid’s EPS estimate is $0.69.
How many shares outstanding does Avangrid have?
Avangrid has 386,779,940 shares outstanding.
What happened to Avangrid’s price movement after its last earnings report?
Avangrid reported an EPS of $0.97 in its last earnings report, beating expectations of $0.928. Following the earnings report the stock price went down -0.317%.
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 11M.
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Avangrid Stock Smart Score
Neutral
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Analyst Consensus
Moderate Sell
Average Price Target:
$33.50 (-7.05% Downside)
$33.50 (-7.05% Downside)
Blogger Sentiment
Neutral
AGR Sentiment 67%
Sector Average 74%
Sector Average 74%
Hedge Fund Trend
Decreased
By 57.0K Shares
Last Quarter.
Last Quarter.
Crowd Wisdom
Very Negative
Last 7 Days ▼ 1.3%
Last 30 Days ▼ 9.1%
Last 30 Days ▼ 9.1%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Positive
20 days / 200 days
Momentum
-5.58%
12-Months-Change
Fundamentals
Return on Equity
4.03%
Trailing 12-Months
Asset Growth
6.97%
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 Months Forecast
Average Price Target
$33.50
▼(-7.05% Downside)
Technical Analysis
Best Analysts Covering AGR
1 Year
1 Year Success Rate
11/14 ratings generated profit
1 Year Average Return
+5.07%
reiterated a sell rating last month
Copying Richard Sunderland's trades and holding each position for 1 Year would result in 78.57% of your transactions generating a profit, with an average return of +5.07% per trade.
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