National Grid Plc Stock Today

NGG Stock  USD 59.63  0.16  0.27%   

Performance

0 of 100

 
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Odds Of Distress

Less than 36

 
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Below Average
National Grid is trading at 59.63 as of the 14th of December 2024. This is a 0.27% increase since the beginning of the trading day. The stock's lowest day price was 59.58. National Grid has about a 36 percent probability of financial distress in the next few years of operation and has generated negative returns over the last 90 days. The performance scores are derived for the period starting the 17th of June 2024 and ending today, the 14th of December 2024. Click here to learn more.
Business Domain
Utilities
IPO Date
7th of October 1999
National Grid plc transmits and distributes electricity and gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. National Grid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 977.23 M outstanding shares of which 1.01 M shares are now shorted by investors with about 1.68 days to cover. More on National Grid PLC

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National Stock Highlights

ESG Sustainability
Environmental
Governance
Social
ChairmanPeter Gershon
Thematic Ideas
(View all Themes)
Business ConcentrationMulti-Utilities, Utilities - Regulated Electric, Utilities, NYSE Composite, Power Assets, Utilities, Multi-Utilities, Utilities—Regulated Electric, Utilities (View all Sectors)
Average Analyst Recommendation
Financial Strength
Current ValueLast YearChange From Last Year 10 Year Trend
Return On Assets0.02210.0233
Notably Down
Slightly volatile
Asset Turnover0.340.2019
Way Up
Slightly volatile
Gross Profit Margin0.520.7332
Way Down
Pretty Stable
Net Debt48.9 B46.5 B
Sufficiently Up
Slightly volatile
Total Current Liabilities6.6 B11.4 B
Way Down
Slightly volatile
Non Current Liabilities Total59.9 B57 B
Sufficiently Up
Slightly volatile
Total Assets103.2 B98.3 B
Sufficiently Up
Slightly volatile
Total Current Assets6.2 B10.4 B
Way Down
Slightly volatile
Total Cash From Operating Activities7.3 B6.9 B
Sufficiently Up
Slightly volatile
Debt Levels
National Grid can leverage 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 National Grid's financial leverage. It provides some insight into what part of National Grid's total assets is financed by creditors.
Liquidity
National Grid PLC has 47.07 B in debt with debt to equity (D/E) ratio of 1.95, which is OK given its current industry classification. National Grid PLC has a current ratio of 0.72, 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 National to invest in growth at high rates of return.

Change In Working Capital

(163.4 Million)
National Grid PLC (NGG) is traded on New York Stock Exchange in USA. It is located in 1-3 Strand, London, United Kingdom, WC2N 5EH and employs 31,425 people. National Grid is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with a total capitalization of 59.27 B. National Grid PLC runs under Multi-Utilities sector within Utilities industry. The entity has 977.23 M outstanding shares of which 1.01 M shares are now shorted by investors with about 1.68 days to cover. National Grid PLC has about 0 in cash with 6.94 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.59.
Check National Grid Probability Of Bankruptcy
Ownership Allocation
National Grid PLC maintains a total of 977.23 Million outstanding shares. Roughly 95.38 % of National Grid outstanding shares are held by general public with 0.01 pct. owned by insiders and only 4.61 % by institutional investors. Please note that no matter how many assets the company has, 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 National Ownership Details

National Stock Institutional Holders

InstituionRecorded OnShares
Wells Fargo & Co2024-09-30
1.2 M
Merewether Investment Management, Lp2024-09-30
955 K
Ausbil Investment Management Limited2024-09-30
896 K
Lpl Financial Corp2024-09-30
756.5 K
Clark Capital Management Group Inc2024-09-30
745.1 K
Nuveen Asset Management, Llc2024-09-30
722.3 K
Dimensional Fund Advisors, Inc.2024-09-30
694.1 K
Covalis (gibraltar) Ltd2024-06-30
616.2 K
Blackrock Inc2024-06-30
614.9 K
Fmr Inc2024-09-30
M
Bank Of America Corp2024-09-30
3.5 M
View National Grid Diagnostics

National Grid Historical Income Statement

At this time, National Grid's Research Development is most likely to increase significantly in the upcoming years. The National Grid's current Cost Of Revenue is estimated to increase to about 6.3 B, while Total Revenue is projected to decrease to roughly 11.1 B. View More Fundamentals

National Stock Against Markets

National Grid Corporate Directors

Jonathan SilverNon-Executive Independent DirectorProfile
Andy AggChief Financial Officer, Executive DirectorProfile
Earl ShippNon-Executive Independent DirectorProfile
John PettigrewExecutive Director of UK and Executive DirectorProfile
When determining whether National Grid PLC is a strong investment it is important to analyze National Grid'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 National Grid's future performance. For an informed investment choice regarding National Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in National Grid PLC. 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.
You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.
Is Multi-Utilities space 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 National Grid. If investors know National 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 National Grid 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
(0.82)
Dividend Share
0.55
Earnings Share
2.61
Revenue Per Share
3.9126
Quarterly Revenue Growth
(0.06)
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid'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 National Grid's market value can be influenced by many factors that don't directly affect National Grid'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 National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine if National Grid is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid'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.