Avangrid, Inc. (NYSE:AGR) shares have been experiencing accelerated earnings and sales growth over the past five years. Over that time frame the firm has seen earnings growth of 70.90% and sales growth of 8.50%.
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While the firm has enjoyed the upward movement, it’s important to look at analyst expectations and where the company is headed from here. On a consensus basis, analysts are projecting EPS growth of 11.93% for next year and have a $50.63 one year price target on the stock. The stock recently traded at $50.22.
Let’s take a look at how the stock has been performing recently. Over the past twelve months, Avangrid, Inc. (NYSE:AGR)‘s stock was -0.16%. Over the last week of the month, it was 0.08%, -0.95% over the last quarter, and 3.67% for the past six months.
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Earnings Per Share (EPS):
When a company shows a steady upwards earnings trend, it is a good indicator that the company will dominate companies with a more volatile earnings trend. Avangrid, Inc. (NYSE:AGR)’s EPS is 1.98. Last year, their EPS growth was 1.80% while their EPS growth over the past five years is 70.90%. Analysts are predicting Avangrid, Inc.’s stock to grow 11.93% over the next year and 6.20% over the next five.
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