Investors interested in Utilities stocks should always be looking to find the best-performing companies in the group. Is Avangrid (AGR) one of those stocks right now? By taking a look at the stock's year-to-date performance in comparison to its Utilities peers, we might be able to answer that question.Avangrid is one of 105 companies in the Utilities group. The Utilities group currently sits at #8 within the Zacks Sector Rank. The Zacks Sector Rank includes 16 different groups and is listed in order from be ...

Inflation showed signs of cooling, leading the Federal Reserve to start cutting interest rates in September. However, inflation has unexpectedly seen a jump over the past two months. According to the latest data, inflation in November rose the most in seven months.Given this situation, it would be wise to invest in stocks from a defensive space like utilities and consumer staples such as Atmos Energy Corporation (ATO) , Avangrid, Inc. (AGR) , Middlesex Water Company (MSEX) , Ingredion Incorporated (INGR) an ...

Group 1 - The article discusses the top 100 sustainable companies identified by Calvert Research and Management based on an annual review of over 230 Environmental, Social, and Governance (ESG) performance indicators [1] - Key ESG performance indicators include workplace diversity, data security, and greenhouse-gas emissions [1] Group 2 - The article promotes a live video series on Facebook called the Underdog Daily Dividend Show, which highlights potential portfolio candidates for investment [2] - The show encourages audience engagement by inviting comments on favorite or least favorite stock tickers for future reports [2]

Avangrid Inc. (AGR) and Portland General Electric (POR) have signed a power purchase agreement (PPA) for Tower Solar, a new 120 MWac (166 MWdc) solar energy project now under construction in Morrow County, OR, in collaboration with QTS and Meta.Tower Solar will be situated across around 900 acres of Port of Morrow-owned industrially zoned land next to the Boardman Airport, west of Boardman. Over 200,000 solar panels will be used in the project.The facility will deliver clean, renewable energy to POR’s grid ...

Avangrid Inc.’s (AGR) strategic capital expenditure plans should further assist in upgrading its infrastructure and facilities. The company is expanding its clean energy generation capacity, which should boost its performance. Given its growth opportunities, AGR makes for a solid investment option in the utility sector.Let’s focus on the factors that make this currently Zacks Rank #2 (Buy) company a strong investment pick at the moment.AGR’s Growth Projections & Surprise HistoryThe Zacks Consensus Estimate ...

A month has gone by since the last earnings report for Avangrid (AGR) . Shares have added about 0.8% in that time frame, underperforming the S&P 500.Will the recent positive trend continue leading up to its next earnings release, or is Avangrid due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers. Avangrid Q3 Earnings Beat Estimates, Revenues Increase Y/Y ...

Investors are typically fixated on the price-to-earnings (P/E) strategy while seeking stocks trading at attractive prices. This straightforward, easy-to-calculate ratio is the most preferred among all the valuation metrics in the investment toolkit for working out the fair market value of a stock. But even this ubiquitously used valuation metric is not without its pitfalls.While P/E is by far the most popular equity valuation ratio, a more complicated metric called EV-to-EBITDA does a better job of valuing ...

Market Overview - The post-election rally has paused as investors reassess the economy's health and Federal Reserve comments, following a significant rally after Donald Trump's election win [1] - The Dow recorded its best post-election day rally in over 128 years, with the S&P 500 and Nasdaq reaching all-time highs, but volatility returned due to rising inflation and macroeconomic factors [2] Economic Indicators - The Dow fell by 0.5%, while the S&P 500 and Nasdaq each declined by 0.6% as inflation data showed a month-over-month rise of 0.2% in October and a year-over-year increase of 2.4% [5] - Core PPI rose by 0.3% sequentially in October and 3.1% year-over-year, while CPI showed a 0.2% month-over-month rise and a 2.6% year-over-year increase [6] Federal Reserve Insights - The Federal Reserve cut interest rates by 50 basis points in September and an additional 25 basis points post-election, but recent inflation data raised concerns about future rate cuts [7] - Federal Reserve Chairman Jerome Powell indicated that the central bank is not in a hurry to cut rates, suggesting a careful approach due to the economy's strength [8] - Markets are currently pricing in a 62.6% chance of a 25-basis-point rate cut in December, down from 82.5% [9] Investment Recommendations - Defensive stocks such as Avangrid, Inc. (AGR), Atmos Energy Corporation (ATO), DTE Energy Company (DTE), The Clorox Company (CLX), and Ingredion Incorporated (INGR) are recommended for investment due to their low-beta and high-dividend yield characteristics [3][4] - Avangrid, Inc. has a beta of 0.55, a current dividend yield of 4.91%, and an expected earnings growth rate of 12% for the current year [10] - Atmos Energy Corporation has a beta of 0.68, a current dividend yield of 2.20%, and an expected earnings growth rate of 4.8% [12][13] - DTE Energy Company has a beta of 0.68, a current dividend yield of 3.44%, and an expected earnings growth rate of 17.6% [15][16] - The Clorox Company has a beta of 0.41, a current dividend yield of 2.95%, and an expected earnings growth rate of 10.5% [18][19] - Ingredion Incorporated has a beta of 0.73, a current dividend yield of 2.13%, and an expected earnings growth rate of 12.5% [21][22]

Core Viewpoint - The comparison between Avangrid (AGR) and OGE Energy (OGE) indicates that AGR currently presents a better investment opportunity for value investors due to its stronger Zacks Rank and more favorable valuation metrics [1][3][6]. Valuation Metrics - Avangrid has a forward P/E ratio of 15.28, while OGE Energy has a forward P/E of 19.51, suggesting that AGR is undervalued compared to OGE [5]. - The PEG ratio for Avangrid is 2.55, compared to OGE's PEG ratio of 3.77, indicating that AGR's expected earnings growth is more favorable relative to its valuation [5]. - Avangrid's P/B ratio stands at 0.67, while OGE's P/B ratio is 1.82, further supporting the notion that AGR is undervalued [6]. Zacks Rank and Style Scores - Avangrid holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while OGE Energy has a Zacks Rank of 3 (Hold) [3]. - In terms of Value grades, Avangrid has received a grade of B, whereas OGE has a grade of C, reinforcing the preference for AGR among value investors [6].

Group 1 - The article discusses the top 100 sustainable companies identified by Calvert Research and Management based on an annual review of over 230 Environmental, Social, and Governance (ESG) performance indicators [1] - Key ESG performance indicators include workplace diversity, data security, and greenhouse-gas emissions [1] Group 2 - The article promotes a live video series on Facebook that highlights potential portfolio candidates for investment [2] - The series encourages audience interaction by inviting comments on favorite or curious stock tickers for future reports [2]