Head to Head Analysis: National Grid Transco, PLC (NGG) versus Its Competitors

National Grid Transco, PLC (NYSE: NGG) is one of 20 publicly-traded companies in the “Multiline Utilities” industry, but how does it weigh in compared to its peers? We will compare National Grid Transco, PLC to similar businesses based on the strength of its dividends, earnings, risk, profitability, valuation, institutional ownership and analyst recommendations.

Volatility and Risk

National Grid Transco, PLC has a beta of 0.45, suggesting that its stock price is 55% less volatile than the S&P 500. Comparatively, National Grid Transco, PLC’s peers have a beta of 0.62, suggesting that their average stock price is 38% less volatile than the S&P 500.

Profitability

This table compares National Grid Transco, PLC and its peers’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
National Grid Transco, PLC N/A N/A N/A
National Grid Transco, PLC Competitors 8.98% 9.57% 2.66%

Institutional and Insider Ownership

5.2% of National Grid Transco, PLC shares are owned by institutional investors. Comparatively, 65.9% of shares of all “Multiline Utilities” companies are owned by institutional investors. 3.1% of shares of all “Multiline Utilities” companies are owned by company insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a stock will outperform the market over the long term.

Earnings & Valuation

This table compares National Grid Transco, PLC and its peers gross revenue, earnings per share and valuation.

Gross Revenue NetIncome Price/Earnings Ratio
National Grid Transco, PLC $18.62 billion $10.19 billion N/A
National Grid Transco, PLC Competitors $6.18 billion $1.36 billion 559.37

National Grid Transco, PLC has higher revenue and earnings than its peers.

Analyst Recommendations

This is a breakdown of current recommendations for National Grid Transco, PLC and its peers, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Grid Transco, PLC 2 4 6 0 2.33
National Grid Transco, PLC Competitors 337 984 842 6 2.24

National Grid Transco, PLC currently has a consensus price target of $69.00, suggesting a potential upside of 16.55%. As a group, “Multiline Utilities” companies have a potential upside of 7.12%. Given National Grid Transco, PLC’s stronger consensus rating and higher possible upside, equities research analysts clearly believe National Grid Transco, PLC is more favorable than its peers.

Dividends

National Grid Transco, PLC pays an annual dividend of $2.89 per share and has a dividend yield of 4.9%. As a group, “Multiline Utilities” companies pay a dividend yield of 3.0% and pay out 75.3% of their earnings in the form of a dividend.

National Grid Transco, PLC Company Profile

National Grid plc is an electricity and gas utility company focused on transmission and distribution activities in electricity and gas in both the United Kingdom and the United States. The Company’s segments include UK Electricity Transmission, which is engaged in high voltage electricity transmission networks in Great Britain; UK Gas Transmission, which is the gas transmission network in Great Britain and United Kingdom liquefied natural gas (LNG) storage activities; UK Gas Distribution, which includes approximately four of the eight regional networks of Great Britain’s gas distribution system, and US Regulated, which includes gas distribution networks, electricity distribution networks and high voltage electricity transmission networks in New York, and New England and electricity generation facilities in New York. Its other activities relate to non-regulated businesses and other commercial operations not included within the above segments.

Receive News & Ratings for National Grid Transco PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for National Grid Transco PLC and related companies with MarketBeat.com's FREE daily email newsletter.

Latest News

Leave a Reply