Key Points
- National Grid insider buying: Insider Jacqui Ferguson bought 1,936 shares on May 22 at an average price of GBX 1,281, for a total of about £24,800.
- Mixed analyst sentiment: Analysts currently rate the stock a consensus Hold, with an average price target of GBX 1,305.50. Ratings range from Buy to Sell, reflecting divided views on the company’s outlook.
- Recent financial snapshot: National Grid reported GBX 78 EPS for the latest quarter and has a large market cap of £62.89 billion. The company also carries notable leverage, with a debt-to-equity ratio of 118.97.
National Grid plc (LON:NG - Get Free Report) insider Jacqui Ferguson acquired 1,936 shares of the firm's stock in a transaction on Friday, May 22nd. The shares were bought at an average cost of GBX 1,281 per share, for a total transaction of £24,800.16.
National Grid Stock Performance
NG opened at GBX 1,281 on Friday. The company has a quick ratio of 0.34, a current ratio of 0.76 and a debt-to-equity ratio of 118.97. The company has a market cap of £62.89 billion, a price-to-earnings ratio of 21.05, a PEG ratio of 2.06 and a beta of 0.62. National Grid plc has a 52-week low of GBX 645 and a 52-week high of GBX 1,145.50. The firm's fifty day simple moving average is GBX 1,289.09 and its two-hundred day simple moving average is GBX 1,238.05.
National Grid (LON:NG - Get Free Report) last posted its quarterly earnings data on Thursday, May 14th. The company reported GBX 78 earnings per share (EPS) for the quarter. The business had revenue of GBX 1,768.70 billion for the quarter. National Grid had a net margin of 18.32% and a return on equity of 8.47%. Equities analysts anticipate that National Grid plc will post 66.9851952 earnings per share for the current fiscal year.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. UBS Group reaffirmed a "sell" rating and set a GBX 1,160 price objective on shares of National Grid in a research note on Monday, May 11th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of National Grid from GBX 1,430 to GBX 1,370 and set a "buy" rating for the company in a report on Wednesday, April 1st. Citigroup boosted their price target on shares of National Grid from GBX 1,149 to GBX 1,253 and gave the stock a "neutral" rating in a report on Tuesday, April 28th. JPMorgan Chase & Co. dropped their price objective on National Grid from GBX 1,450 to GBX 1,440 and set an "overweight" rating on the stock in a report on Thursday, May 7th. Finally, Jefferies Financial Group reiterated a "hold" rating and issued a GBX 1,410 price objective on shares of National Grid in a report on Friday, May 15th. Three equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and an average price target of GBX 1,305.50.
Read Our Latest Stock Report on NG
National Grid Company Profile
(
Get Free Report)
National Grid plc transmits and distributes electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, UK Electricity System Operator, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission and construction work services in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in Midlands, and South West of England and South Wales.
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