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How to Buy Avangrid Stock

Avangrid Inc

Avangrid is a regulated electric utility company located in Connecticut, United States, which is part of the Utilities sector, and is traded under the ticker AGR on the NYSE exchange.

Avangrid stock last closed at $35.48, up 0.2% from the previous day, and has decreased 5.84% in one year. It has underperformed other stocks in the Utilities - Regulated Electric industry by 0.04 percentage points. Avangrid stock is currently +29.21% from its 52-week low of $27.46, and -9.33% from its 52-week high of $39.13.

At the moment, there are 386.91M AGR shares outstanding. The market value of AGR is $13.73B. In the past 24 hours, 512,249 AGR shares were traded.

How to Buy Avangrid Stock

Not sure how to invest in Avangrid stock? Here's how.
  1. Decide where to buy Avangrid stock: You need to pick a stock brokerage, but don't worry - we've tried dozens of stock brokerages and apps to help you figure out where to buy Avangrid stock.
  2. Create a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
  3. Deposit money your investment account: Select your payment method and add your information.
  4. Analyze Avangrid stock: The Avangrid ticker symbol is AGR. Is Avangrid stock a good investment? Should you buy shares of AGR? How do AGR's underlying business fundamentals look? Do top analysts think Avangrid is a good buy? Why has AGR's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if AGR is a good stock to buy).
  5. Make your AGR purchase: Decide if you will purchase AGR shares at the current market price or use a limit order to purchase AGR shares at a specific price.
  6. Get updates on your investment in AGR: Create a watchlist to get live updates on your investment in Avangrid shares.

Step 1: Decide where to buy Avangrid stock

You need an online brokerage account in order to access the NYSE market and buy AGR shares.

A brokerage account is an investment account that enables you to buy and sell a number of financial instruments, including stocks, bonds, mutual funds, and ETFs.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you'll need to fill out some personal details so you are able to invest in AGR stock today.

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  1. Send your info by clicking the "Create Account" button.
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Step 3: Deposit money your investment account

Now that you have filled out your info on one of the best stock market apps, you need to deposit funds:

Check out this video walkthrough for more details transferring money into your investment account.

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Step 4: Analyze Avangrid stock

After you have decided on the best place to buy Avangrid stock, it's critical to analyze their stock prior to buying, so you can wrap your head around the risk as well as the opportunity.

Avangrid stock data

AGR Price
$35.48
1w %
0.42%
1y %
-5.84%
5y %
-28.18%
P/E
15.36x
P/B
0.69x
P/S
1.66x
PEG
5.67x
Revenue
$8.26B
Earnings
$892.00M
Fore. Rev. Growth
3.11%
Fore. Earn. Growth
2.71%
Market Cap
$13.73B
Next Earnings
Jul 23, 2024
Next Dividend
N/A

Fundamentals of AGR

WallStreetZen was designed to help part-time investors perform more accurate fundamental analysis quickly.

You can view all of the due diligence checks on AGR's stock page.

How is AGR stock valued?

You can use many financial metrics, analyses, models, and charts to gauge AGR's intrinsic value.

Using relative valuations methods:

  • AGR may be undervalued based on its P/E ratio of 15.36x, relative to Utilities - Regulated Electric industry P/E ratio of 18.21x
  • AGR may be undervalued based on its P/B ratio of 0.69x, relative to Utilities - Regulated Electric industry P/B ratio of 1.69x
  • AGR may be overvalued based on its PEG ratio of 5.67x

You can access additional valuation research on AGR's stock here.

AGR Financial Overview

Positive Financial Indicators:

  • AGR profit margin has gone up from 8.2% to 10.8% in the past year.

Negative Financial Indicators:

  • There are more long-term liabilities than short-term assets on the AGR balance sheet.
  • AGR has cash burn of 1946000000. It does not have enough cash and short-term investments to cover this.
  • Total AGR debt is higher than 5 years ago, relative to shareholder equity.
  • AGR has a relatively high debt to equity ratio of 1.22.
  • AGR has $243.00M in cash and short term investments. This is not sufficient to cover its annual cash burn of $1.95B.
  • There are more short-term liabilities than short-term assets on the AGR balance sheet.

Is it a good time to buy Avangrid stock, according to Wall Street analysts?

Out of 1 sell side analysts who monitor AGR, the consensus analyst rating on Avangrid is a Hold

Please keep in mind that analyst ratings are not recommendations, nor are they financial advice.

You can dig deeper into what analysts are forecasting on the Avangrid stock forecast page.

AGR Trading Indicators

SMA10
35.38
SMA20
35.35
SMA50
35.81
SMA100
35.55
SMA200
33.41
MACD
-0.06
MACD Signal
-0.11
MACD Histogram
0.05
RSI
48.95
Stochastic %K
61.6
Stochastic %D
62.45
StochRSI %K
78.28
StochRSI %D
83.74

AGR Performance Metrics

Last year, AGR earnings were $892.00M. During the last 5 year, AGR's earnings have increased by 5% per year. This was slower than the Utilities - Regulated Electric industry average of 15.45%.

Last year, AGR revenue was $8.26B. Over the last five year, AGR's revenue has increased by 5.06% per year. This was faster than the Utilities - Regulated Electric industry average of 4.04%.

Dig into AGR's earnings and revenue performance here.

Are AGR insiders buying or selling the stock?

In the past 12 months, insiders at AGR have sold more shares than they have bought.

Alan D. Solomont, Director of AGR, was the latest AGR insider to buy. They bought $5,030.88 worth of AGR stock on Jul 1, 2024.

Research more about who owns AGR shares here.

Can I get consistent income from AGR stock?

No, Avangrid doesn't provide an income stream by paying out dividends.

Get analysis from other traders

One of the biggest reasons eToro is our top-rated brokerage is because of its social trading community.

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Step 5: Make your AGR purchase

You have two main options:

  • Market order: A market order is an order to buy or sell a stock at the best possible price.
    Market orders are usually fine for most investors.
  • Limit order: A limit order lets you buy or sell a stock at a specific price (or better).
    If you want to be certain you're buying or selling at a specific price, use a limit order.

Hit the Open button and eToro will place the order.

If you want more help with buying stocks on eToro, watch the helpful video below:

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Step 6: Get updates on your investment in AGR

Now that you own some shares in AGR, you'll want to stay up-to-date on your investment.

Start a watchlist to track your AGR stock.

AGR Feed

How to Buy Stock in Avangrid

To reiterate, here are the 6 steps for buying Avangrid stock:

  1. Decide where to buy Avangrid stock
  2. Create a brokerage account
  3. Deposit money your investment account
  4. Analyze Avangrid stock
  5. Make your AGR purchase
  6. Get updates on your investment in AGR

If you need a brokerage, eToro is our favorite venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you would like to track your investment in Avangrid, hit the button below to create your watchlist.

NYSE: AGR
$35.48+0.07 (+0.2%)
Updated Jul 16, 2024
Open eToro Account
NYSE: AGR
$35.48+0.07 (+0.2%)
Updated Jul 16, 2024
Open eToro Account

FAQ

How much does it cost to buy one Avangrid share?

As of Jul 16, 2024, it costs $35.48 to buy one share of Avangrid stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.282 shares of AGR.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Avangrid stock?

According to 1 Wall Street analysts who monitor Avangrid, their consensus recommendation is to hold Avangrid stock.

What is the best way to buy Avangrid stock?

One way to place an order for Avangrid stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.