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Is National Grid plc(NYSE: NGG), a large market cap stock a smart buy?

With a market cap of has a large market cap size. National Grid plc (NYSE: NGG) has been on the stock market since its IPO date on the 8/10/2005. National Grid plc is in the Gas Utilities industry and Utilities sector. Average volume for National Grid plc, is 541.61, and so far today it has a volume of 388600. Performance year to date since the 8/10/2005 is 3.31%.

To help you determine whether National Grid plc is undervalued the following values will help you decide. P/E is 15.41 and forward P/E is 15.58. PEG perhaps more useful shows that National Grid plc has a value for PEG of 5.93. P/S ratio is 2.67 and the P/B ratio is 2.93. The P/Cash and P/Free cash flow is 12.93 and 100.26 respectively.

At the current price National Grid plc is trading at, 69.85 (0.52% today), National Grid plc has a dividend yield of 4.55%, and this is covered by a payout ratio of 62.80%. Earnings per share (EPS) is 4.53, and this is looking to grow in the next year to 5.23% after growing 28.70% this past year. EPS growth quarter over quarter is -37.10%, and -48.90% for sales growth quarter over quarter.

The number of shares outstanding is 762.87, and the number of shares float is 720.5. The senior management bring insider ownership to 3.50%, and institutional ownership is at 6.30%. The float short is 0.19%, with the short ratio at a value of 2.48. Management has seen a return on assets of 4.70%, and also a return on investment of 8.70%.

The ability for National Grid plc, to deal with debt, means it current ratio is 0.8, and quick ratio is 0.8. Long term debt/equity is 1.82 and total debt/equity is 2.09. In terms of margins, National Grid plc has a gross margin of *TBA, with its operating margin at 27.00%, and National Grid plc has a profit margin of 17.10%.

The 52 week high is -6.83%, with 13.82% being its 52 week low. The 20 day simple moving average is -3.01% and the 200 day simple moving average is 0.70%.

Disclaimer: Remember there is a risk to your investment, this is not a recommendation, nor personal advice, never invest more than you are able too loose.


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Mark Hines

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