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- Market Cap.:
- $15.17 billion
- Book Value:
- Revenue TTM:
- $7.92 billion
- Operating Margin TTM:
- Gross Profit TTM:
- $2.60 billion
- Profit Margin:
- Return on Assets TTM:
- Return on Equity TTM:
Avangrid Inc had its IPO on 2015-12-17 under the ticker symbol AGR.
The company operates in the Utilities sector and Utilities-Regulated Electric industry. Avangrid Inc has a staff strength of 7,579 employees.
Shares of Avangrid Inc opened at $38.77 at the start of the last trading session i.e. 2023-03-28.
The stocks traded within a range of $38.7 - $39.38, and closed at $38.93.
This is a +0.34% increase from the previous day's closing price.
A total volume of 376,068 shares were traded at the close of the day’s session.
In the last one week, shares of Avangrid Inc have slipped by -2.24%.
Avangrid Inc's Key Ratios
Avangrid Inc has a market cap of $15.17 billion, indicating a price to book ratio of 0.8697 and a price to sales ratio of 2.1109.
In the last 12-months Avangrid Inc’s revenue was $7.92 billion with a gross profit of $2.60 billion and an EBITDA of $1.89 billion. The EBITDA ratio measures Avangrid Inc's overall financial performance and is widely used to measure its profitability.
In the trailing 12-month period, Avangrid Inc’s operating margin was 10.02% while its return on assets stood at 1.23% with a return of equity of 4.07%.
In Q4, Avangrid Inc’s quarterly earnings growth was a negative -11.7% while revenue growth was a positive 11.6%.
Avangrid Inc’s PE and PEG Ratio
- Forward PE
- Trailing PE
Its diluted EPS in the last 12-months stands at $2.27 per share while it has a forward price to earnings multiple of 18.797 and a PEG multiple of 4.1832. A low price to earnings ratio can mean the stock is attractively valued while a high ratio suggests the stock may be overvalued.
The PEG on the other hand provides a broader view compared to the P/E ratio and gives greater insight into Avangrid Inc’s profitability.
Avangrid Inc stock is trading at a EV to sales ratio of 3.3151 and a EV to EBITDA ratio of 11.4029. Its price to sales ratio in the trailing 12-months stood at 2.1109.
Avangrid Inc stock pays annual dividends of $1.76 per share, indicating a yield of 4.46% and a payout ratio of 75.86%.
Balance sheet and cash flow metrics
- Total Assets
- $22.62 billion
- Total Liabilities
- $1.18 billion
- Operating Cash Flow
- Capital Expenditure
- $579 million
- Dividend Payout Ratio
Avangrid Inc ended 2023 with $22.62 billion in total assets and $0 in total liabilities. Its intangible assets were valued at $22.62 billion while shareholder equity stood at $19.38 billion.
Avangrid Inc ended 2023 with $0 in deferred long-term liabilities, $1.18 billion in other current liabilities, 3000000.00 in common stock, $1.91 billion in retained earnings and $3.12 billion in goodwill. Its cash balance stood at $28.00 million and cash and short-term investments were $28.00 million. The company’s total short-term debt was $1,946,000,000 while long-term debt stood at $8.22 billion.
Avangrid Inc’s total current assets stands at $1.68 billion while long-term investments were $486.00 million and short-term investments were $0. Its net receivables were $190.00 million compared to accounts payable of $3.00 million and inventory worth $235.00 million.
In 2023, Avangrid Inc's operating cash flow was $-528000000.00 while its capital expenditure stood at $579 million.
Comparatively, Avangrid Inc paid $0.76 in dividends in 2023.
Other key metrics
- Current Trading Price
- 52-Week High
- 52-Week Low
- Analyst Target Price
Avangrid Inc stock is currently trading at $38.93 per share. It touched a 52-week high of $50.1536 and a 52-week low of $50.1536. Analysts tracking the stock have a 12-month average target price of $42.71.
Its 50-day moving average was $40.15 and 200-day moving average was $42.81 The short ratio stood at 6.57 indicating a short percent outstanding of 0%.
Around 8169.6% of the company’s stock are held by insiders while 1332.9% are held by institutions.
Frequently Asked Questions About Avangrid Inc
Similar Industry Stocks (Utilities-Regulated Electric)
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 in two segments: Networks and Renewables. It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas. The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power. 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. In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and 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 9.2 gigawatts of electricity capacity primarily through wind power in 22 states. The company was incorporated in 1997 and is headquartered in Orange, Connecticut. Avangrid, Inc. is a subsidiary of Iberdrola, S.A.