Should You Invest in National Grid Stock?

Shares of National Grid have moved -10.7% today, and are now trading at a price of $64.29. In contrast, the S&P 500 index saw a 0.0% change. Today's trading volume is 518,479 compared to the stock's average volume of 299,569.

National Grid plc transmits and distributes electricity and gas. Based in London, United Kingdom the company has 29,450 full time employees and a market cap of $47,849,119,744. National Grid currently offers its equity investors a dividend that yields 0.8% per year.

The company is now trading -12.18% away from its average analyst target price of $73.21 per share. The 2 analysts following the stock have set target prices ranging from $68.12 to $78.31, and on average give National Grid a rating of buy.

Over the last 52 weeks, NGG stock has risen 6.4%, which amounts to a -21.4% difference compared to the S&P 500. The stock's 52 week high is $73.4 whereas its 52 week low is $56.41 per share. Based on National Grid's average net margin growth of 11.3% over the last 6 years, its core business is on track for profitability and its strong stock performance may continue in the long term.

Date Reported Total Revenue ($ k) Net Profit ($ k) Net Margins (%) YoY Growth (%)
2022 8,489,000 1,129,000 13 0.0
2021 9,444,000 1,256,000 13 85.71
2020 6,941,000 475,000 7 -22.22
2019 13,360,000 1,265,000 9 -10.0
2018 14,933,000 1,514,000 10 42.86
2017 6,347,000 432,000 7
The above analysis is intended for educational purposes only and was performed on the basis of publicly available data. It is not to be construed as a recommendation to buy or sell any security. Any buy, sell, or other recommendations mentioned in the article are direct quotations of consensus recommendations from the analysts covering the stock, and do not represent the opinions of Market Inference or its writers. Past performance, accounting data, and inferences about market position and corporate valuation are not reliable indicators of future price movements. Market Inference does not provide financial advice. Investors should conduct their own review and analysis of any company of interest before making an investment decision.