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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 536.35, and so far today it has a volume of 15401. Performance year to date since the 8/10/2005 is 8.90%.

To help you determine whether National Grid plc is undervalued the following values will help you decide. P/E is 16.6 and forward P/E is 15.97. PEG perhaps more useful shows that National Grid plc has a value for PEG of 6.39. P/S ratio is 2.76 and the P/B ratio is 3.16. The P/Cash and P/Free cash flow is 13.35 and 103.55 respectively.

At the current price National Grid plc is trading at, 74.09 (0.62% today), National Grid plc has a dividend yield of 4.32%, and this is covered by a payout ratio of 62.80%. Earnings per share (EPS) is 4.44, and this is looking to grow in the next year to 4.65% after growing 28.70% this past year. EPS growth quarter over quarter is 27.00%, and 2.10% for sales growth quarter over quarter.

The number of shares outstanding is 731.47, and the number of shares float is 716.96. The senior management bring insider ownership to 3.50%, and institutional ownership is at 6.10%. The float short is 0.23%, with the short ratio at a value of 3.08. 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 -1.17%, with 21.47% being its 52 week low. The 20 day simple moving average is 3.71% and the 200 day simple moving average is 7.96%.

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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Peter Clarke

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