Key Points
- National Grid insider Andrew Agg bought 12 shares at GBX 1,198 each, a transaction worth £143.76. He also purchased 16,602 shares in June for nearly £200,000, along with smaller purchases in June and July.
- National Grid reported quarterly EPS of GBX 78 on revenue of GBX 1,768.70 billion, with an 18.32% net margin and 8.47% return on equity.
- Analyst sentiment is mixed, resulting in a consensus “Hold” rating and an average price target of GBX 1,299.71; ratings range from “Sell” to “Overweight.”
National Grid plc (LON:NG - Get Free Report) insider Andrew Agg acquired 12 shares of the business's stock in a transaction dated Friday, August 7th. The stock was bought at an average cost of GBX 1,198 per share, with a total value of £143.76.
Andrew Agg also recently made the following trade(s):
- On Tuesday, July 7th, Andrew Agg bought 13 shares of National Grid stock. The stock was purchased at an average cost of GBX 1,231 per share, with a total value of £160.03.
- On Monday, June 15th, Andrew Agg bought 16,602 shares of National Grid stock. The shares were purchased at an average price of GBX 1,203 per share, for a total transaction of £199,722.06.
- On Monday, June 8th, Andrew Agg purchased 12 shares of National Grid stock. The shares were purchased at an average cost of GBX 1,209 per share, for a total transaction of £145.08.
National Grid Stock Performance
Shares of NG opened at GBX 1,175.50 on Tuesday. National Grid plc has a one year low of GBX 645 and a one year high of GBX 1,145.50. The company has a market cap of £57.71 billion, a PE ratio of 19.31, a price-to-earnings-growth ratio of 2.06 and a beta of 0.59. The firm has a 50-day moving average of GBX 1,219.69 and a 200-day moving average of GBX 1,267.52. The company has a debt-to-equity ratio of 118.97, a current ratio of 0.76 and a quick ratio of 0.34.
National Grid (LON:NG - Get Free Report) last announced its quarterly earnings results on Thursday, May 14th. The company reported GBX 78 earnings per share (EPS) for the quarter. National Grid had a return on equity of 8.47% and a net margin of 18.32%.The business had revenue of GBX 1,768.70 billion during the quarter. As a group, equities analysts forecast that National Grid plc will post 66.9851952 earnings per share for the current year.
Wall Street Analysts Forecast Growth
NG has been the subject of a number of research reports. Citigroup raised their target price on shares of National Grid from GBX 1,149 to GBX 1,253 and gave the stock a "neutral" rating in a research note on Tuesday, April 28th. UBS Group reissued a "sell" rating and issued a GBX 1,160 price target on shares of National Grid in a report on Monday, May 11th. JPMorgan Chase & Co. cut their price objective on shares of National Grid from GBX 1,450 to GBX 1,440 and set an "overweight" rating for the company in a research report on Thursday, May 7th. Jefferies Financial Group reduced their price objective on National Grid from GBX 1,410 to GBX 1,300 and set a "hold" rating for the company in a report on Monday, August 3rd. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a GBX 1,375 target price on shares of National Grid in a research report on Thursday, July 2nd. Three investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, National Grid currently has a consensus rating of "Hold" and an average price target of GBX 1,299.71.
View Our Latest Research Report on NG
About National Grid
(
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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