Stock Updates

A look at a High Market Cap Stock: National Grid plc, NGG

National Grid plc, NGG is in the exchange NYSE and its industry is Gas Utilities in the sector of Utilities. Based in United Kingdom, National Grid plc, NGG  has a market cap of 54010.53. Since its IPO date on the 8/10/2005, National Grid plc, NGG performance year to date is 6.12%. Today National Grid plc, NGG has gained 0.43%, with a current price of 72.06.

Ownership of the company is 3.50% for insider ownership while institutional ownership is 6.20%. The management of the company have seen the company have a payout ratio of 62.80%. Return of assets are at 4.70%, with return on investment at 8.70%.

In terms of debt levels and profit levels, National Grid plc, NGG is seeing a long-term debt/equity of 1.82. While Total debt/equity is 2.09. With a profit margin of 17.10%, this is combined with a gross margin of *TBA, and operating margin of 27.00%. National Grid plc ability to meet debt levels, with a current ratio of 0.8, while the quick ratio is 0.8.

For the last year National Grid plc, NGG has seen a EPS growth of 28.70%. A performance for the year of 12.83%. The 52-week high is -3.88%, and the 52-week low is 18.14%. The average volume for National Grid plc, NGG is 1107155.

With a target price of 75.1, can National Grid plc, NGG reach this target? Looking at the value indicators of National Grid plc, NGG. National Grid plc has a P/E of 15.86 and a forward P/E of 15.81. Perhaps the more useful indicator than P/E, is PEG which has a value of 6.1. National Grid plc also has a P/S and a P/B of 2.71 and 3.01 respectively. For P/cash, National Grid plc has a value of 13.13, while it is 101.83 for P/free cash flow.

At the current price of 72.06, National Grid plc has a dividend yield of 4.43%. We see a return on equity of 20.80%.

Looking more long-term National Grid plc, is projected to get an EPS growth for the next five years of 2.60%. In the short-term an EPS growth of 5.27% in the next year is forecasted. This is after a EPS growth of 28.70% for this year and for the last five years a 2.40% growth has been seen.

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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