Avangrid, Inc. (AGR) Analysts See $0.61 EPS

January 21, 2018 - By Vivian Currie

 Avangrid, Inc. (AGR) Analysts See $0.61 EPS

Analysts expect Avangrid, Inc. (NYSE:AGR) to report $0.61 EPS on February, 20.They anticipate $0.06 EPS change or 8.96 % from last quarter’s $0.67 EPS. AGR’s profit would be $188.49M giving it 19.53 P/E if the $0.61 EPS is correct. After having $0.40 EPS previously, Avangrid, Inc.’s analysts see 52.50 % EPS growth. The stock decreased 0.31% or $0.15 during the last trading session, reaching $47.65. About 264,174 shares traded. Avangrid, Inc. (NYSE:AGR) has risen 8.59% since January 21, 2017 and is uptrending. It has underperformed by 8.11% the S&P500.

Avangrid, Inc. (NYSE:AGR) Ratings Coverage

Among 6 analysts covering Avangrid (NYSE:AGR), 3 have Buy rating, 1 Sell and 2 Hold. Therefore 50% are positive. Avangrid had 12 analyst reports since December 22, 2015 according to SRatingsIntel. As per Thursday, January 21, the company rating was upgraded by Macquarie Research. JP Morgan maintained it with “Neutral” rating and $38 target in Tuesday, February 23 report. Guggenheim initiated Avangrid, Inc. (NYSE:AGR) on Thursday, September 8 with “Neutral” rating. Guggenheim upgraded the stock to “Buy” rating in Tuesday, January 10 report. As per Wednesday, December 30, the company rating was initiated by Wells Fargo. As per Tuesday, February 23, the company rating was maintained by Macquarie Research. JP Morgan initiated Avangrid, Inc. (NYSE:AGR) on Tuesday, December 22 with “Neutral” rating. As per Monday, July 24, the company rating was upgraded by Evercore. The firm has “Neutral” rating given on Tuesday, February 23 by Janney Capital. As per Friday, September 23, the company rating was downgraded by JP Morgan.

Avangrid, Inc. operates as an energy services holding firm in the United States. The company has market cap of $14.72 billion. It engages in the generation, transmission, and distribution of electricity, as well as distribution, transportation, and sale of natural gas. It has a 22.17 P/E ratio. As of December 31, 2016, the firm delivered electricity to approximately 2.2 million electric utility customers, as well as natural gas to approximately 992,000 natural gas public utility customers; and owned approximately 67.5 billion cubic feet of net working gas storage capacity.

More notable recent Avangrid, Inc. (NYSE:AGR) news were published by: Seekingalpha.com which released: “Avangrid: Building On The Spanish Connection” on October 17, 2017, also Businesswire.com with their article: “AVANGRID Will Pass Savings from 2017 Tax Reform to Customers” published on January 11, 2018, Nasdaq.com published: “AVANGRID’s Unit Signs Renewable Deal with Nike to Expand” on January 19, 2018. More interesting news about Avangrid, Inc. (NYSE:AGR) were released by: Businesswire.com and their article: “Avangrid Renewables Signs PPA with Nike for Portion of New Texas Gulf Coast …” published on January 18, 2018 as well as Businesswire.com‘s news article titled: “AVANGRID Completes Three Additional New Wind Farms” with publication date: January 12, 2018.

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