Avangrid (AGR) Set to Announce Quarterly Earnings on Tuesday

Avangrid (NYSE:AGR) will be announcing its earnings results before the market opens on Tuesday, February 20th. Analysts expect the company to announce earnings of $0.65 per share for the quarter.

Avangrid (NYSE:AGR) opened at $47.99 on Tuesday. Avangrid has a 52 week low of $39.75 and a 52 week high of $53.46. The stock has a market cap of $14,606.68, a P/E ratio of 20.92, a price-to-earnings-growth ratio of 2.37 and a beta of 0.31. The company has a quick ratio of 0.56, a current ratio of 0.69 and a debt-to-equity ratio of 0.31.

A number of equities analysts have issued reports on AGR shares. Zacks Investment Research cut shares of Avangrid from a “hold” rating to a “sell” rating in a research note on Tuesday, December 26th. TheStreet raised shares of Avangrid from a “c” rating to a “b-” rating in a research report on Monday, December 18th. Wells Fargo & Co cut shares of Avangrid from an “outperform” rating to a “market perform” rating in a research report on Wednesday, November 1st. Goldman Sachs Group started coverage on shares of Avangrid in a research report on Wednesday, January 10th. They set a “buy” rating on the stock. Finally, Bank of America started coverage on shares of Avangrid in a research report on Tuesday, October 24th. They set a “buy” rating and a $52.00 price target on the stock. One analyst has rated the stock with a sell rating, two have assigned a hold rating and four have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Hold” and a consensus price target 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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