Understanding National Grid PLC (NGG) Stock for Investors

By Tamara Parker • Tuesday, May 12 10:54 • Permanent Link

More and more people are talking about National Grid Transco PLC National Grid PLC over the last few weeks. Is it worth buying the Oil & Gas Transportation and Processing stock at a price of $85.91? Only time will tell. The information below will give you a basic idea of what this investment may entail:

National Grid Transco PLC National Grid PLC has moved 29.1% over the last year, and the S&P 500 logged a change of 25.9%
NGG has an average analyst rating of buy and is -6.67% away from its mean target price of $92.05 per share
Its trailing earnings per share (EPS) is $4.07
National Grid Transco PLC National Grid PLC has a trailing 12 month Price to Earnings (P/E) ratio of 21.1 while the S&P 500 average is 29.3
Its forward earnings per share (EPS) is $6.12 and its forward P/E ratio is 14.0
The company has a Price to Book (P/B) ratio of 8.59 in contrast to the S&P 500's average ratio of 4.74
National Grid Transco PLC National Grid PLC is part of the Utilities sector, which has an average P/E ratio of 21.16 and an average P/B of 2.36
NGG has reported YOY quarterly earnings growth of -12.4% and gross profit margins of 1.0%
The company has a free cash flow of $-3579249920, which refers to the total sum of all its inflows and outflows of cash over the last quarter
National Grid plc engages in the transmission and distribution of electricity and gas. It operates through UK Electricity Transmission, UK Electricity Distribution, New England, New York, National Grid Ventures, and Other segments. The UK Electricity Transmission segment provides electricity transmission networks in England and Wales. The UK Electricity Distribution segment offers electricity distribution services in east and west Midlands, Southwest of England, and South Wales. The New England segment provides electricity and gas supply and distribution, and high-voltage electricity transmission services in New England. The New York segment offers electricity and gas distribution, and electricity transmission services in New York. The National Grid Ventures segment provides transmission services through electricity interconnectors and LNG importation at the Isle of Grain. The Other segment engages in the leasing and sale of commercial property, as well as insurance activities in the United Kingdom. The company was founded in 1990 and is headquartered in London, the United Kingdom.

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.