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.

Many analysts weighed in on price targets for AGR. The most optimistic price target was 53, which equates to a potential upside of 17.28 percent. The minimum price target given was 43, implying a possible loss of -4.85 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.

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. Over the past 30 days, FY earnings estimates have also changed downwards by -0.23 percent. 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, while 3 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, compared to 1 analysts that revised their FY estimates downwards.

AGR has an estimated earnings growth rate of 2.02 percent as forecasted by analysts. The PEG ratio of a stock is another value frequently studied by investors. Investors like to see smaller values for the PEG ratio, as that can indicate whether the high price level of a stock is warranted by high growth. Many investors consider PEG ratios between 0 and 1 as preferrable, but many choose to perform ratio comparisons with other companies in the industry. AGR has a PEG ratio of 10.26.

AGR has traded between a high of 46.39 and a low of 35.42 over the past year. Currently the stock is 27.58 percent higher than its low, and 2.59 percent below the high. 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 stock has a market capitalization of $13.97 billion. AGR is estimated to release their earnings results for the quarter on 0000-00-00, days from today.