Avangrid Inc. (NYSE:AGR) went down by -1.53% during the previous trading session, and it is maintaining the win ahead of Monday’s trading session. The share price of the Utilities – Regulated Electric giant went up by $42.45 to trade ended Monday trading at $43.11. This is down from the $43.11 price recorded on Thursday’s trading session. Thanks to this latest performance, AGR is closer to the higher price 52-week target of $48.00 and further from the lowest price target of $41.00. Its performance from the start of the year has also been negative, with AGR down by -17.03% year-to-date.
Avangrid Inc. (AGR) started the day trading at $43.49 and recorded an intraday high of $43.82. It also recorded an intraday low of $41.88 during Monday’s trading session. Avangrid Inc. is a very active stock that recorded a trading volume that is more than 26.15% of the average daily trading volume on Monday. The stock’s trading volume on Monday was 923573, which is more than 26.15 of the total average daily trading volume of 682.10K.
Avangrid Inc. (NYSE:AGR) 2020 Performance Impressive
The increase in AGR’s stock price on Monday saw its overall performance boost over the past few months. We can quantify the performance of the stock so far this year using a few metrics. The 52-week high price of AGR currently stands at $57.24, which is higher than the current trading price of the stock by 25.84%. However, AGR’s current trading price is -19.17% lower than the 52-week low price of $35.62. In terms of trading volume, Avangrid Inc. currently experienced healthy participation during the last trading session. 923573 shares of Avangrid Inc. were traded on the stock exchange on Monday, which is more than 26.15% of the 682.10K average trading volume of the stock.
The performance of the stock has been positive over the past year. AGR’s performance over the past one year has seen it plunge by -16.91%, while the stock has gone down by -16.67% in the last six months. The quarterly performance of AGR currently stands at 6.42%, and it is down by -5.98% in the last month. The only positive figure was from the weekly performance, which currently reads 3.33%. At the time of writing AGR’s report, the company has a total market cap of $13.13B, making it one of the largest publicly-traded companies in the world.Avangrid Inc. also has over 6597 employees all over the world.
AGR Insider Activities
For Avangrid Inc., insiders hold 16.00% of all company shares. The insider transactions over the past six months are up by 0.10%. During that period, insiders bought 28,775 shares in 18 transactions. In that same period, insiders sold 110,031 of their shares in 13 transactions. After these transactions, insiders at Avangrid Inc. now hold 253.54M shares, which is over 16.31% of the total company stocks. Institutional investors currently hold a large chunk of the AGR shares, as they control 82.05% of the company’s total stock.
AGR Fundamental Analysis
For Avangrid Inc., the stock’s diluted earnings per share (EPS) stands at 2.34. In the coming year, analysts expect the EPS to be 2.42. The EPS growth will up over the next five years to 5.20% after surging by 10.50% in the previous five years. In terms of revenue, Avangrid Inc.’s quarterly sales (YOY) is growing at 0.34, which is lower than the average annual revenue of 10.50% over the past half a decade.
The Return on Investment (ROI) on Avangrid Inc.’s stock currently stands at 3.70%, and it has a net profit margin of 11.50%. The operating margin of the company is 15.70%, and its gross margin is 77.40%.
AGR Analysts Prediction
BofA/Merrill reiterate their Neutral position on the stock ($43 and $47)
Citigroup and BofA/Merrill also believe that Avangrid Inc.’s stock is outperforming at the moment.
At the moment, Avangrid Inc.’s Total Debt to Equity ratio stands at 0.53, and they have a long-term Debt to Equity ratio of 0.44.
AGR Technical Analysis
The Simple Moving Average (SMA) is one of the most powerful technical indicators. The 20-day Simple Moving Average of AGR currently stands at -0.54%, while the SMA50 is -0.57%. The biggest one is the SMA200, which is currently reading -11.21% ahead of Monday’s trading session. The Relative Strength Index of this stock is 49.75, while its price to earnings ratio (P/E) is 18.17.