The stock of Avangrid Inc (AGR) has gone up by 0.03% for the week, with a 0.31% rise in the past month and a 1.19% rise in the past quarter. The volatility ratio for the week is 0.31%, and the volatility levels for the past 30 days are 0.38% for AGR. The simple moving average for the last 20 days is 0.10% for AGR stock, with a simple moving average of 3.03% for the last 200 days.
Is It Worth Investing in Avangrid Inc (NYSE: AGR) Right Now?
Avangrid Inc (NYSE: AGR) has a price-to-earnings ratio of 14.19x that is above its average ratio. Additionally, the 36-month beta value for AGR is 0.56. There are mixed opinions on the stock, with 3 analysts rating it as a “buy,” 3 rating it as “overweight,” 2 rating it as “hold,” and 1 rating it as “sell.”
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The public float for AGR is 71.03M and currently, short sellers hold a 1.87% ratio of that float. The average trading volume of AGR on October 03, 2024 was 646.57K shares.
AGR) stock’s latest price update
The stock of Avangrid Inc (NYSE: AGR) has increased by 0.11 when compared to last closing price of 35.73. Despite this, the company has experienced a 0.03% gain in its stock price over the last five trading sessions. businesswire.com reported 2024-09-30 that ORANGE, Conn.–(BUSINESS WIRE)–Avangrid, a leading sustainable energy company and member of the Iberdrola Group, shared photos of its lineworkers restoring power to residents of Woodlawn and Galax, Virginia, who were impacted by Hurricane Helene. Lineworkers traveled from utilities based in New York, Connecticut, and Maine. “Our crews are going above and beyond for these communities, just like they do for their customers back home, and I’m incredibly proud of the service they are providing to.
Analysts’ Opinion of AGR
Many brokerage firms have already submitted their reports for AGR stocks, with Janney repeating the rating for AGR by listing it as a “Sell.” The predicted price for AGR in the upcoming period, according to Janney is $35 based on the research report published on March 08, 2024 of the current year 2024.
Mizuho gave a rating of “Neutral” to AGR, setting the target price at $39 in the report published on October 14th of the previous year.
AGR Trading at -0.00% from the 50-Day Moving Average
After a stumble in the market that brought AGR to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.12% of loss for the given period.
Volatility was left at 0.38%, however, over the last 30 days, the volatility rate increased by 0.31%, as shares surge +0.25% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.73% upper at present.
During the last 5 trading sessions, AGR rose by +0.03%, which changed the moving average for the period of 200-days by +5.24% in comparison to the 20-day moving average, which settled at $35.74. In addition, Avangrid Inc saw 10.37% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at AGR starting from Solomont Alan D, who purchase 141 shares at the price of $35.68 back on Jul 01 ’24. After this action, Solomont Alan D now owns 11,024 shares of Avangrid Inc, valued at $5,031 using the latest closing price.
Solomont Alan D, the Director of Avangrid Inc, purchase 141 shares at $36.85 during a trade that took place back on Jun 03 ’24, which means that Solomont Alan D is holding 10,883 shares at $5,196 based on the most recent closing price.
Stock Fundamentals for AGR
Current profitability levels for the company are sitting at:
- 0.14 for the present operating margin
- 0.29 for the gross margin
The net margin for Avangrid Inc stands at 0.11. The total capital return value is set at 0.03. Equity return is now at value 4.96, with 2.24 for asset returns.
Based on Avangrid Inc (AGR), the company’s capital structure generated 0.41 points at debt to capital in total, while cash flow to debt ratio is standing at 0.06. The debt to equity ratio resting at 0.69. The interest coverage ratio of the stock is 2.6.
Currently, EBITDA for the company is 2.14 billion with net debt to EBITDA at 5.46. When we switch over and look at the enterprise to sales, we see a ratio of 3.21. The receivables turnover for the company is 6.22for trailing twelve months and the total asset turnover is 0.19. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.52.
Conclusion
In conclusion, Avangrid Inc (AGR) has seen better performance in recent times. Analysts have a bullish opinion on the stock, with some rating it as a “buy” and others rating it as a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
