Avangrid stock: buy or sell?
March 31st, 2020
Avangrid, Inc. operates as an energy services holding company in the United States. It engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas.
Should I buy Avangrid stock?Trading stocks requires experience and discipline, and your buying and selling decisions must come following a methodology. Trading strategies are meant for helping you in the decision process of what stocks to choose and when is the best moment to buy them. At Stocks2.com, we use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best.
None of our preferred buy setups matches with Avangrid stock situation right now, hence this is not a suitable entry point.
|New all-time high||No|
|New 52 week high||No|
|Price crossing up 200d MA||No|
|100d MA crossing up 200d MA||No|
Is Avangrid stock a buy?
Everyday, hundreds of stock ratings are published by financial analysts to indicate a particular stock's attractiveness.Unfortunately, we couldn't find any rating for AGR stock for the last month.
Avangrid stock analysis
Avangrid shares eased -2.10% to $43.78 today.
Shares of Avangrid eased a tragic -2.10% and closed at $43.78. Since SMA50d and SMA100d crossed up on January, AGR price slid a -17.24%. On February 25th, AGR hit a new all time high, pushing higher than on February/24 tops. Check different trading setups that use ATHs as triggers.
Avangrid closed this week at $43.78 and raised a slightly good 0.81%. By mid March AGR plunged a chilling -10.02% in just one week.
Not so far away is the last all-time high Avangrid marked late February, but since then it dropped a 22.88%. Since price and 40-weeks moving average lines crossed down early March, AGR fell $-7.49 per share (-14.61%). Trading stocks that are under the 40-weeks (that is, 200-days) moving average mark is not recommended by many experts, as it indicates that the stock has not enough institutional support.
Avangrid stock price history
Avangrid IPO was on December 17th, 2015 at $32.78 per share1. Since then, AGR stock grew a 33.60%, with a yearly average of 8.40%. If you had invested $1,000 in Avangrid stock in 2015, it would worth $336.00 today.
1: Adjusted price after possible price splits or reverse-splits.
Avangrid stock historical price chart
AGR stock reached all-time highs on February 25th with a price of $56.77.
Avangrid stock price targetPredicting the price evolution of a stock or any financial instrument in a reliable and repeatable way is probably impossible. However, banks and other financial institutions analysts, with the help of lots of data and algorithms do their best to predict the stock prices movement. The accuracy of these stock price predictions is not very high, and you should not blindly believe and make decisions only based on what this ratings or price target predictions say. For the last 30 days we have not detected any price prediction for Avangrid stock by any trusted analyst.
Financials and fundamental analysis
Earnings date and Earnings per ShareAvangrid failed analysts when it published an Earnings per Share (EPS) of $0.56 when the analysts' forecast was $0.62.
|Quarter||Reporting date||Estimated EPS||Actual EPS||Surprise|
Annual financial resultsCompared to 2017, last anual turnover report draw a remarkable increase of 8.64% to $6,478.00 M dollars. By contrast, its earnings margin (compared to sales) gained to 9.18%, that is $595.00 million.
|2013||$1,620 M||-||$115 M7.1%||-|
|2014||$1,632 M||0.74%||$110 M6.7%||-4.88%|
|2015||$4,367 M||167.60%||$267 M6.1%||143.66%|
|2016||$6,018 M||37.81%||$630 M10.5%||135.96%|
|2017||$5,963 M||-0.91%||$381 M6.4%||-39.52%|
|2018||$6,478 M||8.64%||$595 M9.2%||56.17%|
Quarterly financial resultsAvangrid posted $1,665.00 million in sales for 2018-Q4, a 7.70% improvement compared to previous quarter. Reported quarter earnings marked $119.00 M with a profit margin of 7.15%. Profit margin stayed constant a -0.94% compared to previous quarter when profit margin was 8.09%. When comparing turnover to same quarter last year, Avangrid sales marked an excellent growth and jumped a 8.61%. Looking back to recent quarterly results, Avangrid posted 2 negative quarters in a row.
|2017-Q2||$1,330 M||-||$120 M9.0%||-|
|2017-Q3||$1,330 M||0.00%||$99 M7.4%||-17.50%|
|2017-Q4||$1,533 M||15.26%||$-77 M-5.0%||-177.78%|
|2018-Q1||$1,865 M||21.66%||$244 M13.1%||-416.88%|
|2018-Q2||$1,402 M||-24.83%||$107 M7.6%||-56.15%|
|2018-Q3||$1,546 M||10.27%||$125 M8.1%||16.82%|
|2018-Q4||$1,665 M||7.70%||$119 M7.1%||-4.80%|
|2019-Q1||$1,842 M||10.63%||$217 M11.8%||82.35%|
Avangrid ownershipWhen you are planning to buy a company, it's worth to have a look its ownership structure.
Avangrid shares owned by insiders (that is, founders, CEO, CTO, main executives or other management staff) currently counts a 82.05% of all shares.
In case of Avangrid stock, 16.05% of its shares are held by institutions (mutual funds, pension funds, big banks and other large financial institutions). Bearish positions for AGR stock account 0.00%, no big difference from last month.
The following table compares ownership indicators for other stocks related to Avangrid:
|Market cap||$13.5 B|
|Total shares||309.0 M|
|Float shares||56.0 M|
|- Institutional holdings (%)||16.1%|
|- Insider holdings (%)||82.0%|
|Shares in short selling||0.0%|
|Tuesday, March 31st, 2020|
|Day range||$42.55 - $44.74|
|Average true range||$4.94|
|50d mov avg||$49.94|
|100d mov avg||$49.52|
|200d mov avg||$49.39|
Avangrid performanceTo better understand Avangrid performance you must compare its gains with other related stocks in same sector or industry. We picked as the bechmarking frame for Avangrid stock.