AI Spotlight on AGR
Company Description
Avangrid, Inc., an energy services holding company, engages in the regulated energy transmission and distribution, and renewable energy generation businesses in the United States.The company operates through Networks and Renewables segments.It is involved in the generation, transmission, and distribution of electricity; and distribution, transportation, and sale of natural gas.
The company also operates renewable energy generation facilities primarily using onshore wind power, as well as solar, biomass, and thermal power.It delivers natural gas and electricity to residential, commercial, and institutional customers through its regulated utilities in New York, Maine, Connecticut, and Massachusetts; and sells its output to investor-owned utilities, public utilities, and other credit-worthy entities.In addition, the company generates and provides power and other services to federal and state agencies, as well as institutional retail and joint action agencies; and delivers thermal output to wholesale customers in the Western United States.
It owns eight electric and natural gas utilities, serving 3.3 million customers in New York and New England, as well as owns and operates 8.8 gigawatts of electricity capacity primarily through wind power in 22 states.The company was incorporated in 1997 and is headquartered in Orange, Connecticut.Avangrid, Inc.
is a subsidiary of Iberdrola, S.A.
Market Data
Last Price | 36.02 |
Change Percentage | 0.81% |
Open | 35.65 |
Previous Close | 35.73 |
Market Cap ( Millions) | 13937 |
Volume | 3540818 |
Year High | 37.7 |
Year Low | 29.71 |
M A 50 | 35.78 |
M A 200 | 35.85 |
Financial Ratios
FCF Yield | -18.97% |
Dividend Yield | 4.89% |
ROE | 5.67% |
Debt / Equity | 74.37% |
Net Debt / EBIDTA | 558.80% |
Price To Book | 0.71 |
Price Earnings Ratio | 12.42 |
Price To FCF | -5.27 |
Price To sales | 1.6 |
EV / EBITDA | 10.86 |
News
- Jan -31 - Avangrid Employees Volunteered Over 37,000 Hours in 2024, Exceeding Goal by nearly 50%
- Jan -30 - MONTEVERDE & ASSOCIATES PC HAS FILED A CLASS ACTION LAWSUIT ON BEHALF OF FORMER SHAREHOLDERS OF AVANGRID, INC. IN THE SOUTHERN DISTRICT OF NEW YORK
- Jan -30 - Avangrid Subsidiary RG&E Completes $23 Million Investment in New Substation in Sodus
- Jan -28 - Avangrid Energy Plants Power Over 1 Million Homes and Businesses During Coldest Winter Months
- Jan -20 - Iberdrola and Avangrid Invited to the Inauguration of President Donald J. Trump
- Jan -08 - Avangrid Companies in New York and Maine Honored with Dual Emergency Response Awards
- Dec -20 - Buy These 5 Stocks With Low Price-to-Sales Ratio for High Returns
- Dec -20 - Tap These 5 Bargain Stocks With Impressive EV-to-EBITDA Ratio
- Dec -19 - Are Utilities Stocks Lagging Avangrid (AGR) This Year?
- Dec -18 - AGR or OGE: Which Is the Better Value Stock Right Now?
- Dec -12 - 5 Low-Beta Stocks to Buy as November Inflation Soars
- Dec -12 - 2 Ideal Buys From 50 'Safer' Dividends In 100 December Sustainables
- Dec -11 - Avangrid Continues to Electrify its Utility Fleet, To Significantly Grow Use of Hybrid Trucks
- Dec -06 - 5 Low Price-to-Sales Winners to Maximize Your Investment Gains
- Dec -04 - Avangrid Continues to Provide State-of-the-Art Training to New Hires at National Training Center, Second Cohort Graduates
- Dec -03 - Avangrid, Portland General Electric Ink PPA for 120MWac Solar Project
- Dec -02 - Avangrid and Portland General Electric Collaborate with QTS and Meta to Build 120 MWac Solar Project in Oregon
- Nov -27 - Reasons to Add Avangrid Stock to Your Portfolio Right Now
- Nov -20 - Avangrid Bolsters Commitment to Hispanic Community with First-Ever Hispanic Energy Roundtable
- Nov -19 - These 4 Price-to-Sales Stocks Can Supercharge Your Portfolio Growth
Business Breakdown
Expected Mid-Term Growth
Segment nΒ°1 -> Networks
Expected Growth : 1.8 %
What the company do ?
Avangrid, Inc.'s Networks segment includes electric and gas transmission and distribution operations, serving over 3.3 million customers in New York and New England.
Why we expect these perspectives ?
Avangrid's 1.8% growth in Networks is driven by increasing demand for renewable energy, grid modernization, and infrastructure upgrades. Strong execution of capital projects, favorable regulatory environments, and strategic acquisitions also contribute to growth. Additionally, Avangrid's focus on electrification of transportation and heating, as well as its commitment to reducing carbon emissions, support long-term growth prospects.
Segment nΒ°2 -> Renewables
Expected Growth : 2.2 %
What the company do ?
Renewables from Avangrid, Inc. develops, constructs, and operates renewable energy generation facilities, including wind, solar, and thermal power.
Why we expect these perspectives ?
Avangrid's 2.2% growth in Renewables is driven by increasing demand for clean energy, declining costs of wind and solar technologies, and favorable government policies and incentives. Additionally, the company's strategic investments in offshore wind and solar projects, as well as its focus on grid resiliency and energy storage, contribute to its growth momentum.
Segment nΒ°3 -> Other
Expected Growth : 1.5 %
What the company do ?
Other from Avangrid, Inc. refers to non-utility operations, including renewable energy, thermal generation, and real estate investments.
Why we expect these perspectives ?
Avangrid's 1.5% growth in 'Other' segment is driven by increasing adoption of renewable energy solutions, expansion of energy storage systems, and growing demand for electric vehicle charging infrastructure, supported by favorable government policies and incentives.
Avangrid, Inc. Products
Product Range | What is it ? |
---|---|
Electricity Distribution | Avangrid's electricity distribution segment provides electricity to residential, commercial, and industrial customers through its subsidiaries, including United Illuminating, Central Maine Power, and NYSEG. |
Renewable Energy | Avangrid's renewable energy segment develops, constructs, and operates wind and solar farms, as well as transmission and energy storage projects. |
Natural Gas Distribution | Avangrid's natural gas distribution segment provides natural gas to residential, commercial, and industrial customers through its subsidiaries, including Berkshire Gas and Central Maine Natural Gas. |
Electric Transmission | Avangrid's electric transmission segment owns and operates high-voltage transmission lines and substations, connecting power plants to the grid. |
Energy Services | Avangrid's energy services segment provides energy efficiency solutions, demand response, and energy management services to commercial and industrial customers. |
Avangrid, Inc.'s Porter Forces
Threat Of Substitutes
Avangrid, Inc. operates in the energy industry, which has a moderate threat of substitutes. While there are alternative energy sources, such as solar and wind power, they are not yet widely adopted, and traditional energy sources remain dominant.
Bargaining Power Of Customers
Avangrid, Inc. has a diverse customer base, including residential, commercial, and industrial customers. However, the bargaining power of customers is limited due to the lack of alternative energy providers in many areas.
Bargaining Power Of Suppliers
Avangrid, Inc. relies on various suppliers for fuel, equipment, and services. While suppliers have some bargaining power, Avangrid's scale and diversification mitigate this risk.
Threat Of New Entrants
The energy industry has high barriers to entry, including significant capital requirements, regulatory hurdles, and complexity. This limits the threat of new entrants.
Intensity Of Rivalry
The energy industry is highly competitive, with many established players competing for market share. Avangrid, Inc. faces intense rivalry from other energy companies, which can lead to pricing pressure and reduced margins.
Strength
Weaknesses
Opportunities
Threats
Capital Structure
Value | |
---|---|
Debt Weight | 38.31% |
Debt Cost | 3.95% |
Equity Weight | 61.69% |
Equity Cost | 6.68% |
WACC | 5.63% |
Leverage | 62.09% |
Avangrid, Inc. : Quality Control
Avangrid, Inc. passed 1 out of 9 key points:
Historical Valuation
Price/Earnings Ratio
Margin Valuation
Peers Valuation
Competitors
Company | Rational |
---|---|
OGE | OGE Energy Corp., together with its subsidiaries, operates as an energy and energy services provider that offers physical delivery and related services for electricity, natural gas, crude oil, and natural β¦ |
POR | Portland General Electric Company, an integrated electric utility company, engages in the generation, wholesale purchase, transmission, distribution, and retail sale of electricity in the state of Oregon. It operates six β¦ |
PNW | Pinnacle West Capital Corporation, through its subsidiary, Arizona Public Service Company, provides retail and wholesale electric services primarily in the state of Arizona. The company engages in the generation, transmission, β¦ |
FE | FirstEnergy Corp., through its subsidiaries, generates, transmits, and distributes electricity in the United States. It operates through Regulated Distribution and Regulated Transmission segments. The company owns and operates coal-fired, nuclear, β¦ |
EVRG | Evergy, Inc., together with its subsidiaries, engages in the generation, transmission, distribution, and sale of electricity in Kansas and Missouri, the United States. It generates electricity through coal, hydroelectric, landfill β¦ |