Avangrid Stock Analysis

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 0.7. 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 1.62. The entity last dividend was issued on the 3rd of June 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 Investment Alerts

Avangrid Upcoming and Recent Events

Avangrid Largest EPS Surprises

View All Earnings Estimates

Avangrid Thematic Classifications

Avangrid Stock Institutional Investors

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 14.24 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 Profitablity

The company has Net Profit Margin of 0.11 %, 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 0.17 %, which entails that for every 100 dollars of revenue, it generated $0.17 of operating income.

Management Efficiency

Avangrid has Return on Asset of 0.014 % which means that on every $100 spent on assets, it made $0.014 of profit. This is way below average. In the same way, it shows a return on shareholders' equity (ROE) of 0.0324 %, implying that it generated $0.0324 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 04/24/2024, 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 04/24/2024, Return On Assets is likely to grow to 0.02, while Other Assets are likely to drop slightly above 2.4 B.

Technical Drivers

As of the 24th of April, Avangrid shows the mean deviation of 1.14, and Risk Adjusted Performance of 0.0995. 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. Put another way, you can use this information to find out if the firm will indeed mirror its model of historical prices and volume momentum, or the prices will eventually revert. We were able to analyze and collect data for nineteen technical drivers for Avangrid, which can be compared to its peers. 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 37.02 per share. Given that Avangrid has jensen alpha of 0.1869, 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

Avangrid Insider Trading Activities

Avangrid Outstanding Bonds

Avangrid Predictive Daily Indicators

Avangrid Corporate Filings

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.

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.

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.

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.

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.

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.

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.

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.