Avangrid (AGR) Scheduled to Post Quarterly Earnings on Thursday

Avangrid (NYSE:AGR) is scheduled to issue its quarterly earnings data before the market opens on Thursday, February 8th. Analysts expect the company to announce earnings of $0.65 per share for the quarter.

Shares of Avangrid (NYSE AGR) opened at $47.28 on Tuesday. Avangrid has a fifty-two week low of $38.77 and a fifty-two week high of $53.46. The firm has a market capitalization of $15,082.55, a P/E ratio of 21.60, a PEG ratio of 2.44 and a beta of 0.31. The company has a current ratio of 0.69, a quick ratio of 0.56 and a debt-to-equity ratio of 0.31.

AGR has been the topic of several recent research reports. TheStreet raised Avangrid from a “c” rating to a “b-” rating in a report on Monday, December 18th. Bank of America began coverage on Avangrid in a research note on Tuesday, October 24th. They issued a “buy” rating and a $52.00 price target on the stock. Goldman Sachs Group began coverage on Avangrid in a research note on Wednesday, January 10th. They issued a “buy” rating on the stock. Zacks Investment Research raised Avangrid from a “sell” rating to a “hold” rating in a research note on Monday, January 22nd. Finally, Wells Fargo & Co lowered Avangrid from an “outperform” rating to a “market perform” rating in a research note on Wednesday, November 1st. One investment analyst has rated the stock with a sell rating, two have given a hold rating and four have assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of $48.63.

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About Avangrid

Avangrid, Inc is an energy and utility company. The Company operates through three segments: Networks, Renewables and Gas. The Networks segment includes all the energy transmission and distribution activities, and any other regulated activity originating in New York and Maine, and regulated electric distribution, electric transmission and gas distribution activities originating in Connecticut and Massachusetts.

Earnings History for Avangrid (NYSE:AGR)

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