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.
A number of analysts gave price targets for AGR. The maximum price target given was 53, implying a possible profit of 17.28 percent. The lowest price target was 43, which equates to a potential downside of -4.85 percent. Some investors take price targets and stock ratings with a grain of salt, knowing that some analysts can have indirect business with the stocks they cover.
In the last 30 days, analysts have changed their quarterly earnings estimates downwards by an average of -9.41 percent. The average change in earnings estimates over the last 90 days is -9.41 percent. On the other hand, earnings estimates for the fiscal year have been revised downwards by -0.23 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.45 percent.
Another thing investors often look at is the level of agreement among analysts' revisions. 0 analysts have revised their quarterly estimates upwards in the past 30 days, while 3 analysts revised their estimates downwards. Over the same time period, 2 analysts revised their FY earnings estimates upwards, while 1 analysts decreased their estimates.
Analysts estimate earnings of AGR to grow at a rate of 2.02 percent. Another measure frequently examined by investors is the PEG ratio. Smaller PEG ratios are desirable, because people typically see that as an indicator of higher growth relative to stock price. People often look for the PEG ratio to be under 1, but many choose to perform ratio comparisons with other companies in the industry. The PEG ratio of AGR is 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 below the high by 2.59 percent. AGR has a price/earnings 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 will post this quarters earnings in days, on 0000-00-00.