Analyst Ratings for Avangrid Inc. (AGR)

Updated: 2017-07-29

An average rating of Overweight has been given to Avangrid Inc. (NYSE:AGR) by analysts covering the stock. A consensus rating of Overweight was previously issued for AGR last month.

A buy rating was issued by 6 analysts, 1 gave an overweight rating, 1 gave a hold rating, 0 issued an underweight rating, and 1 gave a sell rating. Over the past 90 days, the number of analysts that are bullish on the stock has increased by 1. Meanwhile, the number of analysts pessimistic about the company has increased by 0.

Several price targets were given for AGR by the analysts covering the stock. The maximum price target given was 53, implying potential capital gains of 17.28 percent. The most pessimistic analyst gave a price target of 43, which equates to a potential downside of -4.85 percent. Note that investment analysts can be biased in their reporting on companies's ratings and price targets.

Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -9.41 percent. That number becomes -9.41 percent if we expand the time horizon to include the past 3 months instead of just one. Meanwhile, fiscal year estimates have been revised downwards by -0.23 percent, compared to last month. If we look at the last 90 days instead, we find a net average change of -0.45 percent in FY estimates.

Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 0 analysts increased their quarterly estimates, which can be compared to the 3 analysts that decreased their estimates. Also over the last month, 2 analysts increased their estimates for the FY earnings, while 1 analysts made negative revisions to their fiscal year's estimates.

The growth rate of AGR's earnings is estimated by analysts to be 2.02 percent. The PEG ratio of a stock is another value frequently studied by investors. A lower PEG ratio is favorable, because that is often interpreted as the company being fairly priced relative to its growth rate. Wall Street investors typically prefer a PEG ratio to be smaller than 1, although it is frequently more appropriate to compare PEG ratios to the company's peers. AGR has a PEG ratio of 10.26.

In the trailing 52-weeks, AGR hit 46.39 at the highest peak, while it's lowest trading point was 35.42. Currently the stock is 27.58 percent higher than its low, and below the high by 2.59 percent. AGR has a P/E ratio of 20.73. Investors typically compare the P/E ratio to a company's peers in the industry. The AGR value stock report compares AGR to some of its peers using value stock charts. The market cap of AGR is $13.97 billion. AGR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.