National Stock Today

NGG
 Stock
  

USD 62.84  1.24  2.01%   

Market Performance
1 of 100
Odds Of Distress
Less than 11
National Grid is trading at 62.84 as of the 1st of December 2022, a 2.01 percent increase since the beginning of the trading day. The stock's lowest day price was 62.56. National Grid has less than a 11 % chance of experiencing some financial distress in the next two years of operation, but did not have a good performance during the last 90 trading days. Equity ratings for National Grid PLC are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 1st of November 2022 and ending today, the 1st of December 2022. Click here to learn more.
CUSIP
636274102
Fiscal Year End
March
Business Domain
Utilities
IPO Date
7th of October 1999
Category
Utilities
Classification
Utilities
National Grid plc transmits and distributes electricity and gas. The company was founded in 1990 and is headquartered in London, the United Kingdom. National Grid operates under UtilitiesRegulated Electric classification in the United States and is traded on New York Stock Exchange. The company has 732.05 M outstanding shares of which 634.6 K shares are now shorted by investors with about 1.11 days to cover. More on National Grid PLC
Follow Valuation Odds of Bankruptcy
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National Grid Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. National Grid's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding National Grid or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
The company has 33.34 B in debt with debt to equity (D/E) ratio of 1.95, which is OK given its current industry classification. National Grid PLC has a current ratio of 0.72, suggesting that it has not enough short term capital to pay financial commitments when the payables are due. Debt can assist National Grid until it has trouble settling it off, either with new capital or with free cash flow. So, National Grid's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like National Grid PLC sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for National to invest in growth at high rates of return. When we think about National Grid's use of debt, we should always consider it together with cash and equity.
ChairmanPeter Gershon
Thematic Ideas
(view all).
Fama & French Classification
Average Analyst Recommendation
Analysts covering National Grid report their recommendations after researching National Grid's financial statements, talking to executives and customers, or listening in on National Grid's conference calls. The current trade recommendation is based on an ongoing consensus estimate among financial analysts covering National Grid PLC. The National consensus assessment is calculated by taking the average forecast from all of the analysts covering National Grid.
Macroaxis Advice
Unlike general analyst consensus, Macroaxis buy hold or sell recommendation is provided in the context of your current investment horizon and risk tolerance. The advice algorithm takes into account all of National Grid's available fundamental, technical, and predictive indicators. Your current horizon is 90 days - details
Strong BuyUndervalued
National Grid PLC (NGG) is traded on New York Stock Exchange in USA and employs 29,292 people. National Grid is listed under Multi-Utilities category by Fama And French industry classification. The company currently falls under 'Large-Cap' category with total capitalization of 44.97 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate National Grid's market, we take the total number of its shares issued and multiply it by National Grid's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and these looking for more risk prefer small-cap and mid-cap equities. National Grid PLC runs under Multi-Utilities sector within Utilities industry. The entity has 732.05 M outstanding shares of which 634.6 K shares are now shorted by investors with about 1.11 days to cover. National Grid PLC has about 0 in cash with 6.27 B of positive cash flow from operations. This results in cash-per-share (CPS) ratio of 4.59.
Check National Grid Probability Of Bankruptcy
Ownership
National Grid PLC holds a total of 732.05 Million outstanding shares. Roughly 96.0 % of National Grid outstanding shares are held by regular investors with 0.01 pct. owned by insiders and only 3.77 % by institutional investors. Note that regardless of who owns the company, if the true value of the entity is less than the market is willing to pay for it, you may not be able to generate positive returns over time.

Ownership Allocation (%)

Check National Ownership Details

National Stock Price Odds Analysis

What are National Grid's target price odds to finish over the current price? Based on a normal probability distribution, the odds of National Grid jumping above the current price in 90 days from now is about 8.08%. The National Grid PLC probability density function shows the probability of National Grid stock to fall within a particular range of prices over 90 days. Considering the 90-day investment horizon the stock has a beta coefficient of 1.1215. This indicates National Grid PLC market returns are highly-sensitive to returns on the market. As the market goes up or down, National Grid is expected to follow. Additionally, the company has a negative alpha, implying that the risk taken by holding this instrument is not justified. National Grid PLC is significantly underperforming NYSE Composite.
  Odds Below 62.84HorizonTargetOdds Above 62.84
91.86%90 days
 62.84 
8.08%
Based on a normal probability distribution, the odds of National Grid to move above the current price in 90 days from now is about 8.08 (This National Grid PLC probability density function shows the probability of National Stock to fall within a particular range of prices over 90 days) .

National Grid PLC Risk Profiles

Investors will always prefer to have the highest possible return on investment while minimizing volatility. National Grid market risk premium is the additional return an investor will receive from holding National Grid long position in a well-diversified portfolio. The market premium is part of the Capital Asset Pricing Model (CAPM), which most analysts and investors use to calculate the acceptable rate of return on investment in National Grid. At the center of the CAPM is the concept of risk and reward, which is usually communicated by investors using alpha and beta measures. Although National Grid's alpha and beta are two of the key measurements used to evaluate National Grid's performance over the market, the standard measures of volatility play an important role as well.

National Stock Against Markets

Picking the right benchmark for National Grid stock is fundamental to making educated investment choices. Many naive investors compare their positions with the S&P 500 or with the Nasdaq. But these benchmarks are not all-inclusive and generally should be used only for large-capitalization equities or stock offerings from large companies. When the price of a selected benchmark declines in a down market, there may be an uptick in National Grid stock price where buyers come in believing the asset is cheap. The opposite is true when the market is bullish; so, accurately picking the benchmark for National Grid is critical whether you are bullish or bearish towards National Grid PLC at a given time.

Be your own money manager

Our tools can tell you how much better you can do entering a position in National Grid without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Risk-Return Analysis

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National Grid Corporate Directors

National Grid corporate directors refer to members of a National Grid board of directors. The board of directors generally takes responsibility for the National Grid's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of National Grid's board members must vote for the resolution. The National Grid board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Maria Richter - Non-Executive Independent DirectorProfile
Jonathan Silver - Non-Executive Independent DirectorProfile
Mike Westcott - Global Human Resources Director and Group Commercial Property DirectorProfile
John Dawson - Director of Investor RelationsProfile

Invested in National Grid PLC?

The danger of trading National Grid PLC is mainly related to its market volatility and company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of National Grid is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than National Grid. The Shape ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile National Grid PLC is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
Additionally, see Correlation Analysis. Note that the National Grid PLC information on this page should be used as a complementary analysis to other National Grid's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.

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When running National Grid PLC price analysis, check to measure National Grid's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy National Grid is operating at the current time. Most of National Grid's value examination focuses on studying past and present price action to predict the probability of National Grid's future price movements. You can analyze the entity against its peers and financial market as a whole to determine factors that move National Grid's price. Additionally, you may evaluate how the addition of National Grid to your portfolios can decrease your overall portfolio volatility.
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Is National Grid's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of National Grid. If investors know National will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about National Grid listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
1.58
Market Capitalization
45 B
Quarterly Revenue Growth YOY
0.36
Return On Assets
0.031
Return On Equity
0.13
The market value of National Grid PLC is measured differently than its book value, which is the value of National that is recorded on the company's balance sheet. Investors also form their own opinion of National Grid's value that differs from its market value or its book value, called intrinsic value, which is National Grid's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because National Grid's market value can be influenced by many factors that don't directly affect National Grid's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between National Grid's value and its price as these two are different measures arrived at by different means. Investors typically determine National Grid value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, National Grid's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.