Avangrid Stock Analysis

AGR Stock  USD 36.17  0.02  0.06%   
Avangrid is undervalued with Real Value of 38.17 and Target Price of 40.33. The main objective of Avangrid stock analysis is to determine its intrinsic value, which is an estimate of what Avangrid is worth, separate from its market price. There are two main types of Avangrid's stock analysis: fundamental analysis and technical analysis.
The Avangrid stock is traded in the USA on New York Stock Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Avangrid is usually not traded on Juneteenth Holiday, Independence Day, Labour Day, Thanksgiving Day, Christmas Day, New Year 's Day, Dr . Martin Luther King Jr 's Birthday, Washington 's Birthday, Good Friday, Memorial Day. Avangrid Stock trading window is adjusted to America/New York timezone.
  
Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Avangrid. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in price.
To learn how to invest in Avangrid Stock, please use our How to Invest in Avangrid guide.

Avangrid Stock Analysis Notes

About 82.0% of the company shares are held by company insiders. The company has price-to-book (P/B) ratio of 0.71. Some equities with similar Price to Book (P/B) outperform the market in the long run. Avangrid has Price/Earnings To Growth (PEG) ratio of 1.56. The entity last dividend was issued on the 2nd of December 2024. The firm had 5:3 split on the 5th of July 2006. Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. It employs 7300 people. For more info on Avangrid please contact Catherine Stempien at 207 629 1190 or go to https://www.avangrid.com.

Avangrid Quarterly Total Revenue

2.08 Billion

Avangrid Investment Alerts

Avangrid has 12.2 B in debt with debt to equity (D/E) ratio of 0.42, which is OK given its current industry classification. Avangrid has a current ratio of 0.87, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Note however, debt could still be an excellent tool for Avangrid to invest in growth at high rates of return.
About 82.0% of Avangrid shares are held by company insiders
On 1st of October 2024 Avangrid paid $ 0.44 per share dividend to its current shareholders
Latest headline from zacks.com: Why Is NextEra Down 6.6 percent Since Last Earnings Report

Avangrid Upcoming and Recent Events

20th of February 2024
Upcoming Quarterly Report
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23rd of April 2024
Next Financial Report
View
31st of December 2023
Next Fiscal Quarter End
View
20th of February 2024
Next Fiscal Year End
View
30th of September 2023
Last Quarter Report
View
31st of December 2022
Last Financial Announcement
View

Avangrid Largest EPS Surprises

Earnings surprises can significantly impact Avangrid's stock price both in the short term and over time. Negative earnings surprises usually result in a price decline. However, it has been seen that positive earnings surprises lead to an immediate rise in a stock's price and a gradual increase over time. This is why we often hear news about some companies beating earning projections. Financial analysts spend a large amount of time predicting earnings per share (EPS) along with other important future indicators. Many analysts use forecasting models, management guidance, and additional fundamental information to derive an EPS estimate.
Reported
Fiscal Date
Estimated EPS
Reported EPS
Surprise
2021-10-26
2021-09-300.290.340.0517 
2022-02-22
2021-12-310.380.440.0615 
2019-07-23
2019-06-300.390.33-0.0615 
View All Earnings Estimates

Avangrid Environmental, Social, and Governance (ESG) Scores

Avangrid's ESG score is a quantitative measure that evaluates Avangrid's performance and commitment regarding environmental, social, and governance (ESG) factors. These scores are becoming increasingly crucial in investment decision-making processes, providing insights into non-financial aspects of Avangrid's operations that may have significant financial implications and affect Avangrid's stock price as well as guide investors towards more socially responsible investments.

Avangrid Thematic Classifications

In addition to having Avangrid stock in your portfolios, you can add positions using our predefined set of ideas and optimize them against your very unique investing style. A single investing idea is a collection of funds, stocks, ETFs, or cryptocurrencies that are programmatically selected from a pull of investment themes. After you determine your favorite investment opportunity, you can then obtain an optimal portfolio that will maximize potential returns on the chosen idea or minimize its exposure to market volatility. If you are a result-oriented investor, you can benefit from optimizing one of our existing themes to build an efficient portfolio against your specific investing outlook.
Utilities Idea
Utilities
USA Equities from Utilities industry as classified by Fama & French

Avangrid Stock Institutional Investors

Institutional investors include commercial and private banks, credit unions, insurance companies, pension funds, hedge funds, endowments, and mutual funds. Operating companies that invest excess capital in these types of assets may also be included in the term and may influence corporate governance by exercising voting rights in their investments.
Shares
Charles Schwab Investment Management Inc2024-09-30
884.7 K
Bank Of America Corp2024-06-30
750.8 K
Two Sigma Investments Llc2024-09-30
602.1 K
Jpmorgan Chase & Co2024-06-30
588.5 K
Ubs Group Ag2024-06-30
582.5 K
Voloridge Investment Management, Llc2024-09-30
542.7 K
Two Sigma Advisers, Llc2024-06-30
481.7 K
Gamco Investors, Inc. Et Al2024-09-30
480.3 K
Goldman Sachs Group Inc2024-06-30
422.8 K
Vanguard Group Inc2024-09-30
7.4 M
Blackrock Inc2024-06-30
M
Note, although Avangrid's institutional investors appear to be way more sophisticated than retail investors, it remains unclear if professional active investment managers can reliably enhance risk-adjusted returns by an amount that exceeds fees and expenses.

Avangrid Market Capitalization

The company currently falls under 'Large-Cap' category with a total capitalization of 13.99 B.

Avangrid Profitablity

The company has Net Profit Margin of 0.13 %, which implies that it may need a different competitive strategy as even a very small decline in it revenue may erase profits and result in a net loss. This is way below average. In the same way, it shows Net Operating Margin of 0.13 %, which entails that for every 100 dollars of revenue, it generated $0.13 of operating income.
Last ReportedProjected for Next Year
Return On Tangible Assets 0.02  0.02 
Return On Capital Employed 0.02  0.02 
Return On Assets 0.02  0.02 
Return On Equity 0.04  0.08 

Management Efficiency

Avangrid has Return on Asset of 0.0188 % which means that on every $100 spent on assets, it made $0.0188 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0482 %, implying that it generated $0.0482 on every 100 dollars invested. Avangrid's management efficiency ratios could be used to measure how well Avangrid manages its routine affairs as well as how well it operates its assets and liabilities. At this time, Avangrid's Return On Tangible Assets are relatively stable compared to the past year. As of 11/28/2024, Return On Assets is likely to grow to 0.02, while Return On Capital Employed is likely to drop 0.02. At this time, Avangrid's Debt To Assets are relatively stable compared to the past year. As of 11/28/2024, Return On Assets is likely to grow to 0.02, while Other Assets are likely to drop slightly above 2.4 B.
Last ReportedProjected for Next Year
Book Value Per Share 53.45  56.13 
Tangible Book Value Per Share 44.65  46.89 
Enterprise Value Over EBITDA 11.23  8.01 
Price Book Value Ratio 0.64  0.61 
Enterprise Value Multiple 11.23  8.01 
Price Fair Value 0.64  0.61 
Enterprise Value24.6 B25.9 B
At Avangrid, effective management practices are pivotal to sustaining long-term profitability. We delve into financial metrics and market conditions to provide a comprehensive analysis of the stock's prospects.
Dividend Yield
0.0487
Operating Margin
0.1277
Profit Margin
0.1289
Forward Dividend Yield
0.0487
Beta
0.558

Technical Drivers

As of the 28th of November, Avangrid shows the mean deviation of 0.1567, and Risk Adjusted Performance of 0.0594. Avangrid technical analysis gives you the methodology to make use of historical prices and volume patterns to determine a pattern that approximates the direction of the firm's future prices. Please confirm Avangrid coefficient of variation, as well as the relationship between the treynor ratio and semi variance to decide if Avangrid is priced correctly, providing market reflects its regular price of 36.17 per share. Given that Avangrid has jensen alpha of 0.01, we suggest you to validate Avangrid's prevailing market performance to make sure the company can sustain itself at a future point.

Avangrid Price Movement Analysis

Execute Study
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. Avangrid middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for Avangrid. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.

Avangrid Insider Trading Activities

Some recent studies suggest that insider trading raises the cost of capital for securities issuers and decreases overall economic growth. Trading by specific Avangrid insiders, such as employees or executives, is commonly permitted as long as it does not rely on Avangrid's material information that is not in the public domain. Local jurisdictions usually require such trading to be reported in order to monitor insider transactions. In many U.S. states, trading conducted by corporate officers, key employees, directors, or significant shareholders must be reported to the regulator or publicly disclosed, usually within a few business days of the trade. In these cases Avangrid insiders are required to file a Form 4 with the U.S. Securities and Exchange Commission (SEC) when buying or selling shares of their own companies.

Avangrid Outstanding Bonds

Avangrid issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Avangrid uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Avangrid bonds can be classified according to their maturity, which is the date when Avangrid has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.

Avangrid Predictive Daily Indicators

Avangrid intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of Avangrid stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.

Avangrid Corporate Filings

8K
29th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
24th of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
10Q
23rd of October 2024
Quarterly performance report mandated by Securities and Exchange Commission (SEC), to be filed by publicly traded corporations
ViewVerify
8K
22nd of October 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
26th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
19th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
8K
18th of September 2024
Report filed with the SEC to announce major events that shareholders should know about
ViewVerify
16th of September 2024
Other Reports
ViewVerify

Avangrid Forecast Models

Avangrid's time-series forecasting models are one of many Avangrid's stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary Avangrid's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.

About Avangrid Stock Analysis

Stock analysis is the technique used by a trader or investor to examine and evaluate how Avangrid prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Avangrid shares will generate the highest return on investment. We also built our stock analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Stock such as Avangrid. By using and applying Avangrid Stock analysis, traders can create a robust methodology for identifying Avangrid entry and exit points for their positions.
Last ReportedProjected for Next Year
Pretax Profit Margin 0.08  0.11 
Operating Profit Margin 0.11  0.15 
Net Profit Margin 0.09  0.08 
Gross Profit Margin 0.33  0.59 

Current Avangrid Analysis - Recommendations

We track the performance of the top 100 financial experts across various large and mid-size financial boutiques. Avangrid analyst recommendations are determined by taking all analyst recommendations and averaging them as Strong Buy, Buy, Hold, Strong Sell or Sell. There is no one specific way to measure analysis performance other than comparing it to the past results via a very sophisticated attribution analysis. Avangrid analyst consensus and target price projections should be used in combination with other traditional techniques such as stock price forecasting, technical analysis, earnings estimate, and various momentum models.
Target PriceAdvice# of Analysts
40.33Hold6Odds
Avangrid current and past analyst recommendations published by a number of research institutions as well as average analyst consensus.
Most Avangrid analysts issue ratings four times a year, at intervals of three months. Ratings are usually accompanied by a target price to helps potential investors understand Avangrid stock's fair price compared to its market value. Analysts arrive at stock ratings after researching public financial statements of Avangrid, talking to its executives and customers, or listening to Avangrid conference calls.
Avangrid Analyst Advice Details

Avangrid Stock Analysis Indicators

Avangrid stock analysis indicators help investors evaluate how Avangrid stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing and determine when trading Avangrid shares will generate the highest return on investment. By understating and applying Avangrid stock analysis, traders can identify Avangrid position entry and exit signals to maximize returns.
Begin Period Cash Flow72 M
Total Stockholder Equity19.6 B
Capital Lease Obligations243 M
Property Plant And Equipment Net33.1 B
Cash And Short Term Investments91 M
Cash91 M
50 Day M A35.7944
Net Interest Income-409 M
Total Current Liabilities5.2 B
Forward Price Earnings14.7493
Investments-2.6 B
Interest Expense409 M
Stock Based Compensation14 M
Long Term Debt10 B
Common Stock Shares Outstanding387.2 M
Tax Provision-9 M
Quarterly Earnings Growth Y O Y2.531
Accounts Payable1.9 B
Net Debt12.1 B
Other Operating Expenses7.4 B
Non Current Assets Total40.6 B
Liabilities And Stockholders Equity44 B
Non Currrent Assets Other2.9 B

Additional Tools for Avangrid Stock Analysis

When running Avangrid's price analysis, check to measure Avangrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.