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1 Comment
Avangrid, Inc is currently in a long term uptrend where the price is trading 5.0% above its 200 day moving average.
From a valuation standpoint, the stock is 74.0% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.5.
Avangrid, Inc's total revenue rose by 3.7% to $2B since the same quarter in the previous year.
Its net income has dropped by 25.6% to $166M since the same quarter in the previous year.
Finally, its free cash flow fell by 80.6% to $-625M since the same quarter in the previous year.
Based on the above factors, Avangrid, Inc gets an overall score of 3/5.
Exchange | NYSE |
---|---|
CurrencyCode | USD |
ISIN | US05351W1036 |
Sector | Utilities |
Industry | Utilities - Regulated Electric |
Beta | 0.56 |
---|---|
Market Cap | 14B |
Target Price | 37.45 |
Dividend Yield | 4.9% |
PE Ratio | 12.42 |
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 operates through Networks and Renewables segments. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. In addition, the company operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. Further, it delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities, as well as generates and provides power and other services to federal and state agencies, institutional retail, and joint action agencies. Additionally, the company delivers thermal output to wholesale customers in the Western United States. It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 9.3 gigawatts of electricity capacity primarily through wind power in 22 states. Avangrid, Inc. was incorporated in 1997 and is headquartered in Orange, Connecticut. The company operates as a subsidiary of Iberdrola, S.A.
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