Avangrid Inc (NYSE: AGR) kicked off on Tuesday, up 0.14% from the previous trading day ,before settling in for the closing price of $35.80. Over the past 52 weeks, AGR has traded in a range of $27.46-$41.22.
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It was noted that within the last five years, the titan of the Utilities sector saw sales topped by 5.42%. While this was happening, its average annual earnings per share was recorded 8.11%. With a float of $68.52 million, this company’s outstanding shares have now reached $386.77 million.
The extent of productivity of a business whose workforce counts for 7999 workers is very important to gauge.
Avangrid Inc (AGR) Insider and Institutional Ownership
Our next focus will be how large-scale investors are participating in this stock of the Utilities – Regulated Electric Industry. The insider ownership of Avangrid Inc is 82.28%, while institutional ownership is 12.71%. The most recent insider transaction that took place on Apr 01 ’24, was worth 5,040. In this transaction Director of this company bought 138 shares at a rate of $36.52, taking the stock ownership to the 10,605 shares. Before that another transaction happened on Mar 01 ’24, when Company’s Director bought 161 for $31.08, making the entire transaction worth $5,004. This insider now owns 10,467 shares in total.
Avangrid Inc (AGR) Latest Financial update
In the latest quarterly report, which was put into the public domain on 12/30/2023, the organization reported $0.97 earnings per share (EPS), higher than consensus estimate (set at $0.91) by $0.06. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.41 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 8.11% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 0.40% during the next five years compared to 1.11% growth over the previous five years of trading.
Avangrid Inc (NYSE: AGR) Trading Performance Indicators
Take a look at Avangrid Inc’s (AGR) current performance indicators. Last quarter, stock had a quick ratio of 0.56. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.03, a number that is poised to hit 0.69 in the next quarter and is forecasted to reach 2.43 in one year’s time.
Technical Analysis of Avangrid Inc (AGR)
The latest stats from [Avangrid Inc, AGR] show that its last 5-days average volume of 0.64 million was inferior to 0.93 million than last year’s volume. As of the previous 9 days, the stock’s Stochastic %D was 34.10%. Additionally, its Average True Range was 0.53.
During the past 100 days, Avangrid Inc’s (AGR) raw stochastic average was set at 89.77%, which indicates a significant increase from 30.00% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 9.62% in the past 14 days, which was lower than the 32.13% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $33.29, while its 200-day Moving Average is $33.29. Now, the first resistance to watch is $36.04. This is followed by the second major resistance level at $36.23. The third major resistance level sits at $36.37. If the price goes on to break the first support level at $35.71, it is likely to go to the next support level at $35.57. The third support level lies at $35.38 if the price breaches the second support level.
Avangrid Inc (NYSE: AGR) Key Stats
The company with the Market Capitalisation of 13.87 billion has total of 386,780K Shares Outstanding. Its annual sales at the moment are 8,309 M in contrast with the sum of 786,000 K annual income. Company’s last quarter sales were recorded 2,282 M and last quarter income was 397,000 K.
