Core Viewpoint - National Grid (NGG) has been upgraded to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on an upward trend in earnings estimates, which significantly influences stock prices [1][2]. Earnings Estimates and Stock Price Movement - The Zacks rating system is effective for individual investors as it focuses on earnings estimate revisions, which are strongly correlated with near-term stock price movements [2][3]. - Institutional investors rely on earnings estimates to determine the fair value of stocks, leading to significant price movements based on their buying or selling actions [3]. Business Improvement Indicators - The upgrade in earnings estimates for National Grid suggests an improvement in the company's underlying business, which should encourage investors to drive the stock price higher [4]. - Over the past three months, the Zacks Consensus Estimate for National Grid has increased by 5.6%, reflecting analysts' positive revisions [7]. Zacks Rank System - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [6]. - National Grid's upgrade to Zacks Rank 1 places it in the top 5% of Zacks-covered stocks, indicating strong potential for market-beating returns in the near term [9].

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.The trend often reverses before exiting the trade, leading to a short-term capital loss for investors. So, for a profitable trade, one should confirm factors such as sound fundamentals, positive earnings estimate revisions, etc. that could keep the momentum in the stock aliv ...

Here are five stocks added to the Zacks Rank #1 (Strong Buy) List today:Hudbay Minerals Inc. (HBM) : This diversified mining company has seen the Zacks Consensus Estimate for its current year earnings increasing 30.8% over the last 60 days.Shore Bancshares, Inc. (SHBI) : This bank holding company for the Shore United Bank has seen the Zacks Consensus Estimate for its current year earnings increasing 7.1% over the last 60 days.National Grid plc (NGG) : This company that engages in the transmission and distri ...

Taking full advantage of the stock market and investing with confidence are common goals for new and old investors, and Zacks Premium offers many different ways to do both.Featuring daily updates of the Zacks Rank and Zacks Industry Rank, full access to the Zacks #1 Rank List, Equity Research reports, and Premium stock screens, the research service can help you become a smarter, more self-assured investor.Zacks Premium includes access to the Zacks Style Scores as well. What are the Zacks Style Scores? The Z ...

Key Takeaways Virginia Natural Gas and Chattanooga Gas have completed new renewable natural gas purchases. The RNG purchases are expected to avoid 18,978 metric tons of CO2e emissions over their lifecycle. Supportive laws in Virginia and Tennessee enable SO's utilities to invest in RNG and recover related costs.Southern Company’s (SO) subsidiaries, Virginia Natural Gas and Chattanooga Gas, have taken a significant step forward by completing new purchases of renewable natural gas (“RNG”). This move further ...

Core Insights - UGI Corporation's subsidiary, AmeriGas Propane, L.P., has agreed to divest its propane assets in Hawaii to Isle Gas, with the transaction expected to close in Q4 of fiscal 2025 [1][11] - The sale includes approximately 750,000 gallons of propane storage facilities and a delivery fleet, with proceeds aimed at debt reduction [2][11] - This divestiture aligns with UGI's strategy to optimize financial and operational performance by focusing on core resources and enhancing customer value [3][11] Financial Strategy - The sale of non-core assets is part of a broader strategy among utilities to raise capital for investments in more lucrative sectors, thereby improving credit profiles and reducing interest costs [4] - Companies often divest underperforming businesses to streamline operations and concentrate on areas with higher long-term value [5] Industry Comparisons - Sempra Energy is also divesting assets as part of a capital recycling program to fund a $56 billion capital spending plan, indicating a trend among utilities to focus on core operations [6] - CenterPoint Energy recently sold its natural gas distribution businesses for $1.2 billion to reallocate capital investments, further illustrating the strategic shift within the industry [8] Stock Performance - UGI's stock has increased by 9.6% over the past three months, outperforming the industry average growth of 8.1% [10]

PSE&G Continues to be Ready to Deliver Solutions to Address Supply-Demand ImbalanceNEWARK, N.J., June 18, 2025 /PRNewswire/ -- Public Service Electric and Gas Company (PSE&G) today announced the New Jersey Board of Public Utilities (BPU) approved PSE&G's proposal to provide all residential customers with a temporary credit that will offer relief on their summer electric bills. The credit will combat the significant electric supply price increase that is the result of PJM's capacity price auction. PSE&G's r ...

TULSA, Okla., June 9, 2025 /PRNewswire/ -- ONE Gas, Inc. (NYSE: OGS) today announced it will participate in the American Gas Association and Jefferies Europe Mini-Forum, June 16-17, 2025, in London and Zurich.Robert S. McAnnally, president and chief executive officer, and Christopher Sighinolfi, senior vice president and chief financial officer, will be conducting a series of meetings with members of the investment community. The materials utilized at the conference are accessible on the ONE Gas website, ww ...

Group 1: Stock Performance and Technical Analysis - RGC Resources Inc. (RGCO) shares have declined by 5% over the past four weeks, but a hammer chart pattern formed in the last trading session suggests potential support and a possible trend reversal [1] - The hammer pattern indicates a nearing bottom with likely subsiding selling pressure, which supports a bullish case for the stock [2] - The hammer chart pattern is characterized by a small candle body and a long lower wick, indicating that buying interest has emerged after a new low during a downtrend [4][5] Group 2: Fundamental Analysis and Earnings Estimates - There has been an upward trend in earnings estimate revisions for RGCO, which is considered a bullish indicator [7] - Over the last 30 days, the consensus EPS estimate for the current year has increased by 1.6%, indicating that analysts expect better earnings than previously predicted [8] - RGCO currently holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks, which typically outperform the market [9]

Core Viewpoint - ONE Gas shares have declined approximately 6.9% since the last earnings report, underperforming the S&P 500, raising questions about the potential for a breakout or continued negative trend leading up to the next earnings release [1] Estimates Movement - Estimates for ONE Gas have trended downward over the past month, indicating a negative shift in expectations [2] VGM Scores - ONE Gas currently holds an average Growth Score of C, a Momentum Score of C, and a Value Score of C, placing it in the middle 20% for investment strategies, resulting in an aggregate VGM Score of C [3] Outlook - The downward trend in estimates suggests a negative outlook for the stock, with a Zacks Rank of 3 (Hold), indicating expectations for an in-line return in the coming months [4]