Avangrid Stock Earnings Per Share

AGR Stock

USD 36.08 0.15 0.41%

Avangrid fundamentals help investors to digest information that contributes to Avangrid's financial success or failures. It also enables traders to predict the movement of Avangrid Stock. The fundamental analysis module provides a way to measure Avangrid's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Avangrid stock.

Short Long Term Debt Total Total Assets

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Avangrid Company Earnings Per Share Analysis

Avangrid's Earnings per Share (EPS) denotes the portion of a company's earnings that is allocated to each share of common stock. To calculate Earnings per Share investors will need to take a company's net income, subtract any dividends for preferred stock, and divide it by the number of average outstanding shares. EPS is usually presented in two different ways: basic and diluted. Fully diluted Earnings per Share takes into account effects of warrants, options, and convertible securities and is generally viewed by analysts as a more accurate measure.

Earnings per Share

Earnings

Average Shares

More About Earnings Per Share | All Equity Analysis

Current Avangrid Earnings Per Share

2.90 X

Most of Avangrid's fundamental indicators, such as Earnings Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Avangrid is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Avangrid Earnings Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Avangrid is extremely important. It helps to project a fair market value of Avangrid Stock properly, considering its historical fundamentals such as Earnings Per Share. Since Avangrid's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Avangrid's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Avangrid's interrelated accounts and indicators.

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Current Deferred Revenue	Good Will	Short Term Investments	Intangible Assets	Net Tangible Assets	Long Term Debt	Deferred Long Term Liab	Long Term Investments	Short Long Term Debt	Property Plant Equipment	Long Term Debt Total	Capital Surpluse	Treasury Stock	Cash And Equivalents	Accumulated Depreciation	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.99	0.91	1.0	0.98	0.98	1.0	0.95	0.78	-0.86	0.52	0.93	0.19	-0.88	0.71	0.92	0.01	0.77	0.77	0.56	0.76	0.58	0.88	0.3	0.44	0.72	-0.08	0.43
Total Stockholder Equity	0.99		0.87	0.99	0.97	0.97	0.98	0.93	0.75	-0.88	0.48	0.94	0.15	-0.86	0.69	0.89	0.06	0.72	0.74	0.53	0.73	0.57	0.87	0.27	0.4	0.68	-0.09	0.4
Net Debt	0.91	0.87		0.9	0.94	0.91	0.93	0.89	0.88	-0.69	0.75	0.74	0.19	-0.86	0.78	0.93	-0.3	0.86	0.88	0.68	0.87	0.68	0.79	0.28	0.65	0.88	-0.19	0.63
Retained Earnings	1.0	0.99	0.9		0.97	0.97	0.99	0.92	0.78	-0.88	0.5	0.94	0.21	-0.87	0.68	0.9	0.06	0.76	0.78	0.54	0.73	0.55	0.89	0.25	0.43	0.69	-0.12	0.42
Accounts Payable	0.98	0.97	0.94	0.97		0.99	0.98	0.93	0.8	-0.81	0.58	0.87	0.14	-0.89	0.78	0.94	-0.12	0.77	0.8	0.67	0.83	0.66	0.9	0.28	0.47	0.8	-0.13	0.46
Net Receivables	0.98	0.97	0.91	0.97	0.99		0.97	0.93	0.79	-0.79	0.58	0.88	0.1	-0.85	0.75	0.91	-0.05	0.7	0.79	0.59	0.78	0.65	0.85	0.2	0.48	0.76	-0.17	0.47
Total Liab	1.0	0.98	0.93	0.99	0.98	0.97		0.95	0.79	-0.85	0.53	0.92	0.24	-0.89	0.7	0.92	0.0	0.81	0.79	0.58	0.77	0.56	0.89	0.32	0.45	0.73	-0.06	0.44
Total Current Assets	0.95	0.93	0.89	0.92	0.93	0.93	0.95		0.65	-0.76	0.51	0.85	0.12	-0.83	0.78	0.91	-0.06	0.79	0.65	0.55	0.8	0.62	0.8	0.52	0.41	0.79	0.16	0.4
Short Term Debt	0.78	0.75	0.88	0.78	0.8	0.79	0.79	0.65		-0.63	0.83	0.61	0.12	-0.76	0.6	0.77	-0.35	0.69	0.99	0.62	0.7	0.62	0.71	-0.1	0.77	0.72	-0.55	0.76
Common Stock	-0.86	-0.88	-0.69	-0.88	-0.81	-0.79	-0.85	-0.76	-0.63		-0.25	-0.9	-0.25	0.74	-0.5	-0.75	-0.24	-0.62	-0.6	-0.39	-0.55	-0.36	-0.79	-0.25	-0.24	-0.47	0.02	-0.24
Current Deferred Revenue	0.52	0.48	0.75	0.5	0.58	0.58	0.53	0.51	0.83	-0.25		0.25	-0.25	-0.45	0.63	0.58	-0.57	0.52	0.83	0.5	0.62	0.73	0.37	-0.11	0.93	0.78	-0.52	0.91
Good Will	0.93	0.94	0.74	0.94	0.87	0.88	0.92	0.85	0.61	-0.9	0.25		0.29	-0.8	0.58	0.83	0.28	0.69	0.61	0.45	0.63	0.43	0.85	0.27	0.27	0.52	0.0	0.28
Short Term Investments	0.19	0.15	0.19	0.21	0.14	0.1	0.24	0.12	0.12	-0.25	-0.25	0.29		-0.36	-0.13	0.19	0.13	0.39	0.13	0.17	0.13	-0.33	0.33	0.29	-0.22	-0.07	0.19	-0.22
Intangible Assets	-0.88	-0.86	-0.86	-0.87	-0.89	-0.85	-0.89	-0.83	-0.76	0.74	-0.45	-0.8	-0.36		-0.72	-0.91	0.27	-0.77	-0.77	-0.77	-0.84	-0.58	-0.9	-0.37	-0.37	-0.73	0.02	-0.37
Net Tangible Assets	0.71	0.69	0.78	0.68	0.78	0.75	0.7	0.78	0.6	-0.5	0.63	0.58	-0.13	-0.72		0.9	-0.47	0.71	0.6	0.76	0.95	0.95	0.6	0.38	0.62	0.95	-0.01	0.63
Long Term Debt	0.92	0.89	0.93	0.9	0.94	0.91	0.92	0.91	0.77	-0.75	0.58	0.83	0.19	-0.91	0.9		-0.26	0.88	0.77	0.75	0.95	0.78	0.83	0.39	0.56	0.89	-0.05	0.56
Deferred Long Term Liab	0.01	0.06	-0.3	0.06	-0.12	-0.05	0.0	-0.06	-0.35	-0.24	-0.57	0.28	0.13	0.27	-0.47	-0.26		-0.23	-0.37	-0.62	-0.51	-0.56	-0.09	-0.12	-0.48	-0.58	0.16	-0.47
Long Term Investments	0.77	0.72	0.86	0.76	0.77	0.7	0.81	0.79	0.69	-0.62	0.52	0.69	0.39	-0.77	0.71	0.88	-0.23		0.69	0.64	0.85	0.57	0.7	0.52	0.54	0.77	0.04	0.54
Short Long Term Debt	0.77	0.74	0.88	0.78	0.8	0.79	0.79	0.65	0.99	-0.6	0.83	0.61	0.13	-0.77	0.6	0.77	-0.37	0.69		0.66	0.71	0.62	0.74	-0.1	0.77	0.72	-0.54	0.75
Property Plant Equipment	0.56	0.53	0.68	0.54	0.67	0.59	0.58	0.55	0.62	-0.39	0.5	0.45	0.17	-0.77	0.76	0.75	-0.62	0.64	0.66		0.82	0.69	0.77	0.3	0.47	0.76	-0.06	0.48
Long Term Debt Total	0.76	0.73	0.87	0.73	0.83	0.78	0.77	0.8	0.7	-0.55	0.62	0.63	0.13	-0.84	0.95	0.95	-0.51	0.85	0.71	0.82		0.85	0.7	0.42	0.6	0.96	-0.04	0.6
Capital Surpluse	0.58	0.57	0.68	0.55	0.66	0.65	0.56	0.62	0.62	-0.36	0.73	0.43	-0.33	-0.58	0.95	0.78	-0.56	0.57	0.62	0.69	0.85		0.45	0.16	0.74	0.91	-0.23	0.74
Treasury Stock	0.88	0.87	0.79	0.89	0.9	0.85	0.89	0.8	0.71	-0.79	0.37	0.85	0.33	-0.9	0.6	0.83	-0.09	0.7	0.74	0.77	0.7	0.45		0.31	0.3	0.6	-0.02	0.3
Cash And Equivalents	0.3	0.27	0.28	0.25	0.28	0.2	0.32	0.52	-0.1	-0.25	-0.11	0.27	0.29	-0.37	0.38	0.39	-0.12	0.52	-0.1	0.3	0.42	0.16	0.31		-0.15	0.35	0.85	-0.15
Accumulated Depreciation	0.44	0.4	0.65	0.43	0.47	0.48	0.45	0.41	0.77	-0.24	0.93	0.27	-0.22	-0.37	0.62	0.56	-0.48	0.54	0.77	0.47	0.6	0.74	0.3	-0.15		0.71	-0.53	1.0
Net Invested Capital	0.72	0.68	0.88	0.69	0.8	0.76	0.73	0.79	0.72	-0.47	0.78	0.52	-0.07	-0.73	0.95	0.89	-0.58	0.77	0.72	0.76	0.96	0.91	0.6	0.35	0.71		-0.11	0.71
Net Working Capital	-0.08	-0.09	-0.19	-0.12	-0.13	-0.17	-0.06	0.16	-0.55	0.02	-0.52	0.0	0.19	0.02	-0.01	-0.05	0.16	0.04	-0.54	-0.06	-0.04	-0.23	-0.02	0.85	-0.53	-0.11		-0.52
Capital Stock	0.43	0.4	0.63	0.42	0.46	0.47	0.44	0.4	0.76	-0.24	0.91	0.28	-0.22	-0.37	0.63	0.56	-0.47	0.54	0.75	0.48	0.6	0.74	0.3	-0.15	1.0	0.71	-0.52

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Earnings per Share is one of the most critical measures of the firm's current share price and is used by investors to determine the overall company profitability, especially when compared to the EPS of similar companies.

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Avangrid Earnings Estimates

Avangrid Common Stock Shares Outstanding

Common Stock Shares Outstanding

406.52 Million

At this time, Avangrid's Common Stock Shares Outstanding is relatively stable compared to the past year.

According to the company disclosure, Avangrid has an Earnings Per Share of 2.9 times. This is 225.84% higher than that of the Electric Utilities sector and significantly higher than that of the Utilities industry. The earnings per share for all United States stocks is 7.05% higher than that of the company.

Avangrid Earnings Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Avangrid's direct or indirect competition against its Earnings Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Avangrid could also be used in its relative valuation, which is a method of valuing Avangrid by comparing valuation metrics of similar companies.

Avangrid is currently under evaluation in earnings per share category among its peers.

Avangrid Current Valuation Drivers

We derive many important indicators used in calculating different scores of Avangrid from analyzing Avangrid's financial statements. These drivers represent accounts that assess Avangrid's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Avangrid's important valuation drivers and their relationship over time.

		2019	2020	2021	2022	2023	2024 (projected)
Market Cap		15.8B	14.1B	17.9B	16.6B	12.5B	13.2B

Avangrid ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, Avangrid's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Avangrid's managers, analysts, and investors.

Environmental

Governance

Social

Avangrid Fundamentals

	Return On Equity	0.0482
	Return On Asset	0.0188
	Profit Margin	0.13 %
	Operating Margin	0.13 %
	Current Valuation	28.79 B
	Shares Outstanding	386.91 M
	Shares Owned By Insiders	81.64 %
	Shares Owned By Institutions	12.34 %
	Number Of Shares Shorted	1.33 M
	Price To Earning	19.42 X
	Price To Book	0.71 X
	Price To Sales	1.61 X
	Revenue	8.31 B
	Gross Profit	2.6 B
	EBITDA	2.22 B
	Net Income	665 M
	Cash And Equivalents	69 M
	Cash Per Share	1.06 X
	Total Debt	12.2 B
	Debt To Equity	0.41 %
	Current Ratio	0.89 X
	Book Value Per Share	51.06 X
	Cash Flow From Operations	919 M
	Short Ratio	1.90 X
	Earnings Per Share	2.90 X
	Price To Earnings To Growth	1.56 X
	Target Price	37.04
	Number Of Employees	8 K
	Beta	0.56
	Market Capitalization	14.02 B
	Total Asset	43.99 B
	Retained Earnings	2.02 B
	Working Capital	(1.83 B)
	Current Asset	2.47 B
	Current Liabilities	2.04 B
	Annual Yield	0.05 %
	Five Year Return	3.58 %
	Net Asset	43.99 B
	Last Dividend Paid	1.76

About Avangrid Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Avangrid's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Avangrid using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Avangrid based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.

Please read more on our fundamental analysis page.

Pair Trading with Avangrid

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Avangrid position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Avangrid will appreciate offsetting losses from the drop in the long position's value.

Moving against Avangrid Stock

0.51	EBR	Centrais Electricas	Pair Corr
0.35	ES	Eversource Energy	Pair Corr

The ability to find closely correlated positions to Avangrid could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Avangrid when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Avangrid - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Avangrid to buy it.

The correlation of Avangrid is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Avangrid moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Avangrid moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Avangrid can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for Avangrid Stock Analysis

When running Avangrid's price analysis, check to measure Avangrid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Avangrid is operating at the current time. Most of Avangrid's value examination focuses on studying past and present price action to predict the probability of Avangrid's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Avangrid's price. Additionally, you may evaluate how the addition of Avangrid to your portfolios can decrease your overall portfolio volatility.

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