Avangrid Stock Today

AGR Stock  USD 36.19  0.54  1.51%   

Performance

7 of 100

 
Low
 
High
OK

Odds Of Distress

Less than 34

 
100  
 
Zero
Below Average
Avangrid is selling at 36.19 as of the 28th of March 2024; that is 1.51 percent increase since the beginning of the trading day. The stock's lowest day price was 35.8. Avangrid has about a 34 percent probability of financial distress in the next few years of operation and did not have a very good performance during the last 90 trading days. Equity ratings for Avangrid are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 27th of February 2024 and ending today, the 28th of March 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
17th of December 2015
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. The company has 386.77 M outstanding shares of which 4.26 M shares are presently shorted by investors with about 5.75 days to cover. More on Avangrid

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Avangrid Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Avangrid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Avangrid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CEOCatherine Stempien
Thematic IdeaUtilities (View all Themes)
Old NameAGR Group ASA
Business ConcentrationElectric Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, ATX Prime, Utilities, Electric Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Analysts covering Avangrid report their recommendations after researching Avangrid's financial statements, talking to executives and customers, or listening in on Avangrid's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering Avangrid. The Avangrid consensus assessment is calculated by taking the average forecast from all of the analysts covering Avangrid.
Financial Strength
Based on the measurements of operating efficiency obtained from Avangrid's historical financial statements, Avangrid is performing exceptionally good at this time. It has a great probability to report excellent financial results in April. Financial strength of Avangrid is based on its profitability, leverage, liquidity, source of funds, and operating efficiency.
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02180.0179
Fairly Up
Pretty Stable
Asset Turnover0.180.1889
Sufficiently Down
Slightly volatile
Gross Profit Margin0.590.3335
Way Up
Slightly volatile
Net Debt12.7 B12.1 B
Sufficiently Up
Slightly volatile
Total Current Liabilities5.5 B5.2 B
Sufficiently Up
Slightly volatile
Non Current Liabilities Total19 B18.1 B
Sufficiently Up
Slightly volatile
Total Assets46.2 B44 B
Sufficiently Up
Slightly volatile
Total Current Assets3.6 B3.4 B
Sufficiently Up
Slightly volatile
Total Cash From Operating Activities598.1 M919 M
Way Down
Slightly volatile
Avangrid's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Avangrid's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Avangrid's bond ratings measure its overall creditworthiness, which in many ways corresponds to the cost of borrowing for an issuer. These ratings assign a letter grade to all of Avangrid's outstanding corporate bonds that indicate their credit quality. We use reports published by private self-sufficient rating services such as Standard & Poor's or Fitch Ratings Inc. to evaluate a bond issuer's financial strength or its ability to pay a bond's principal and interest.
Financial leverage usually refers to the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Avangrid's financial leverage. It provides some insight into what part of Avangrid's total assets is financed by creditors.
By using current balance sheet information, investors can analyze the liability, assets, and equity on Avangrid's books and decide whether to invest or hold. Statistics such as return on equity (ROE), debt to equity (D/E) help investors determine how Avangrid deploys its capital and how much of that capital is borrowed.
Liquidity
Avangrid cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. The company 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. Debt can assist Avangrid until it has trouble settling it off, either with new capital or with free cash flow. So, Avangrid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Avangrid sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Avangrid to invest in growth at high rates of return. When we think about Avangrid's use of debt, we should always consider it together with cash and equity.

Other Non Cash Items

(105.45 Million)
Avangrid (AGR) is traded on New York Stock Exchange in USA. It is located in 180 Marsh Hill Road, Orange, CT, United States, 06477 and employs 7,999 people. Avangrid is listed under Electric Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 13.95 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Avangrid's market, we take the total number of its shares issued and multiply it by Avangrid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Avangrid runs under Electric Utilities sector within Utilities industry. The entity has 386.77 M outstanding shares of which 4.26 M shares are presently shorted by investors with about 5.75 days to cover. Avangrid has about 69 M in cash with 919 M of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 1.06.
Check Avangrid Probability Of Bankruptcy
Ownership Allocation
Avangrid holds a total of 386.77 Million outstanding shares. Avangrid shows majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 81.6 percent of Avangrid outstanding shares that are owned by insiders signifies that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company secures, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Avangrid Ownership Details

Avangrid Stock Price Odds Analysis

In regard to a normal probability distribution, the odds of Avangrid jumping above the current price in 90 days from now is under 4%. The Avangrid probability density function shows the probability of Avangrid stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.7742. This suggests as the benchmark fluctuates upward, the company is expected to outperform it on average. However, if the benchmark returns are projected to be negative, Avangrid will likely underperform. Additionally, avangrid has a negative alpha, implying that the risk taken by holding this instrument is not justified. The company is significantly underperforming NYSE Composite.
  Odds Below 36.19HorizonTargetOdds Above 36.19
96.51%90 days
 36.19 
3.45%
Based on a normal probability distribution, the odds of Avangrid to move above the current price in 90 days from now is under 4 (This Avangrid probability density function shows the probability of Avangrid Stock to fall within a particular range of prices over 90 days) .

Avangrid Stock Institutional Holders

Institutional Holdings refers to the ownership stake in Avangrid that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Avangrid's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Avangrid's value.
InstituionRecorded OnShares
Jpmorgan Chase & Co2023-12-31
821.3 K
Millennium Management Llc2023-12-31
776.6 K
Two Sigma Advisers, Llc2023-12-31
610.2 K
Squarepoint Ops Llc2023-12-31
609.6 K
Charles Schwab Investment Management Inc2023-12-31
609 K
Goldman Sachs Group Inc2023-12-31
604.1 K
Two Sigma Investments Llc2023-12-31
555.1 K
Aqr Capital Management Llc2023-12-31
508.1 K
Voloridge Investment Management, Llc2023-09-30
458.8 K
Vanguard Group Inc2023-12-31
7.7 M
Atlas Infrastructure Partners (uk) Ltd2023-12-31
6.8 M
View Avangrid Diagnostics

Avangrid Historical Income Statement

Avangrid Income Statement is one of the three primary financial statements used for reporting Avangrid's overall financial performance over a current year or for a given accounting period. An Income Statement sometimes referred to as the statement of Avangrid revenue and expense. Avangrid Income Statement primarily focuses on the company's revenues and expenses during a particular period.
At this time, Avangrid's Depreciation And Amortization is relatively stable compared to the past year. As of 03/28/2024, Other Operating Expenses is likely to grow to about 7.7 B, while Net Income From Continuing Ops is likely to drop slightly above 621.6 M. View More Fundamentals

Avangrid Stock Against Markets

Picking the right benchmark for Avangrid stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in Avangrid stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for Avangrid is critical whether you are bullish or bearish towards Avangrid at a given time. Please also check how Avangrid's historical prices are related to one of the top price index indicators.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Avangrid without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Avangrid Corporate Directors

Avangrid corporate directors refer to members of an Avangrid board of directors. The board of directors generally takes responsibility for the Avangrid's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Avangrid's board members must vote for the resolution. The Avangrid board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Teresa HerbertIndependent DirectorProfile
Elizabeth TimmIndependent DirectorProfile
Carol FoltIndependent DirectorProfile
Santiago GarridoDirectorProfile

How to buy Avangrid Stock?

Before investing in Avangrid, you must ensure you fully understand your financial goals and how diversified (or not) your overall investments are now. Then, after you clearly understand your investment objectives, consider investing in Avangrid. To buy Avangrid stock, you can follow these steps:
  • Choose a brokerage firm: You need to select a brokerage firm to buy shares of Avangrid. Some popular options include Charles Schwab, Fidelity, TD Ameritrade, and Robinhood.
  • Open an account: Once you have chosen a brokerage firm, you will need to open an account. You will be required to provide personal information, such as your name, address, and Social Security number.
  • Fund your account: You will need to deposit funds into your brokerage account to purchase Avangrid stock. You can do this by transferring funds from your bank account or other investment accounts.
  • Place your order: Once you have located Avangrid stock in your brokerage account, you can place your order to buy it. You will need to specify the number of shares you want to buy and the price you are willing to pay.
  • Monitor your investment: After you have purchased Avangrid stock, you should monitor your investment to track its performance and make informed decisions about buying, selling, or holding the stock
It's important to note that investing in stocks, such as Avangrid, carries risks, and you should carefully consider your investment goals and risk tolerance before making any investment decisions. Also, remember various factors, including economic indicators, change in net worth, political events, company-specific news, and investor sentiment, can influence the stock market. These factors can cause fluctuations in stock prices and lead to market volatility affecting your buy or sell decision. However, volatility can also present opportunities for investors to make gains by buying stocks when prices are low and selling when they are high. It's important for investors to have a long-term perspective and a well-diversified portfolio to manage the impact of stock market volatility on their investments. For more information on how to buy Avangrid Stock please use our How to Invest in Avangrid guide.

Already Invested in Avangrid?

The danger of trading Avangrid is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Avangrid is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Avangrid. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Avangrid is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Avangrid is a strong investment it is important to analyze Avangrid's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Avangrid's future performance. For an informed investment choice regarding Avangrid Stock, refer to the following important reports:
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 tightly coupled 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.
Note that the Avangrid information on this page should be used as a complementary analysis to other Avangrid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.

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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.
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Is Avangrid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Avangrid. If investors know Avangrid will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Avangrid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
1.773
Dividend Share
1.76
Earnings Share
2.03
Revenue Per Share
21.481
Quarterly Revenue Growth
0.057
The market value of Avangrid is measured differently than its book value, which is the value of Avangrid that is recorded on the company's balance sheet. Investors also form their own opinion of Avangrid's value that differs from its market value or its book value, called intrinsic value, which is Avangrid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Avangrid's market value can be influenced by many factors that don't directly affect Avangrid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Avangrid's value and its price as these two are different measures arrived at by different means. Investors typically determine if Avangrid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Avangrid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.