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1 Comment
National Grid plc is currently in a long term uptrend where the price is trading 6.4% above its 200 day moving average.
From a valuation standpoint, the stock is 78.2% cheaper than other stocks from the Utilities sector with a price to sales ratio of 2.1.
National Grid plc's total revenue rose by 60.2% to $3B since the same quarter in the previous year.
Its net income has dropped by 23.5% to $300M since the same quarter in the previous year.
Finally, its free cash flow grew by 47.0% to $-160M since the same quarter in the previous year.
Based on the above factors, National Grid plc gets an overall score of 4/5.
Sector | Utilities |
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ISIN | US6362744095 |
CurrencyCode | USD |
Exchange | NYSE |
Industry | Utilities-Regulated Electric |
Beta | 0.27 |
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Market Cap | 53B |
Dividend Yield | 4.3% |
Target Price | 75.07 |
PE Ratio | 14.33 |
National Grid plc transmits and distributes electricity and gas. The company operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, and New York segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales. The UK Electricity System Operator segment provides balancing services for supply and demand of electricity on Great Britain's electricity transmission system; and acts as an agent on behalf of transmission operators. The New England segment offers electricity and gas distribution, and electricity transmission services in New England. The New York segment provides electricity and gas distribution, and electricity transmission services in New York. It also engages in the provision of transmission services through electricity interconnectors and LNG importation at the Isle of Grain; sale of renewables projects; and leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.
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