Stock Price & Analysis

Based on the analysis, it is currently a neutral position for NGG stock. The stock is trading near its 20 and 50-day moving averages, and the RSI is at 57.45, indicating a neutral trend. While the market is overvalued, NGG has shown resilience with recent positive news. It is advisable to hold or wait for further market clarity before making a decision.

National Grid (NGG) stock is expected to reach a price range of $69 to $73 by the end of 2025. This prediction is based on the company's strong position in the utilities sector, its ongoing infrastructure investments, and the stable demand for its services. The stock's current price of $63.37, combined with its growth potential, supports this target range.

The S1 support level for NGG Stock is $63.12 ,The R1 resistant level for NGG Stock is $65.55.

As of the end of day on 2025-04-02, the price of NGG Stock was $66.05.

The market cap of NGG is $321.8B.

Analysis and Insights

Valuation Metrics:

• P/E Ratio: NGG's price-to-earnings ratio is 18.5, slightly above the industry average of 15-20, suggesting moderate valuation.
• EV/EBITDA: The enterprise value-to-EBITDA ratio of 10.3 indicates a premium valuation compared to sector peers.
• Dividend Yield: At 4.8%, NGG offers an attractive yield, supporting its value proposition for income-focused investors.

Technical Analysis:

• RSI: The Relative Strength Index (RSI) of 57-58 suggests the stock is not overbought or oversold.
• MACD: The MACD line is slightly above the signal line, indicating mild bullish momentum.
• Fibonacci Levels: The stock is trading near the pivot point of $63.34, with resistance at $64.78 and $65.67.

Recent Developments:

• Contract Awards: NGG secured parts of a £59B HVDC supply chain framework, enhancing its growth prospects.
• Operational Incident: The Heathrow Airport disruption, though resolved, highlights operational risks.

Conclusion:

NGG appears fairly valued with a reasonable price-to-earnings ratio and attractive dividend yield. While the EV/EBITDA suggests a premium, recent contract wins and stable cash flows justify its valuation. The stock is trading near its 200-day moving average, indicating a bullish trend.

National Grid plc is a United Kingdom-based energy company. The Company's principal activities involve the transmission and distribution of electricity in Great Britain and of electricity and gas in the northeastern United States. Its segments include UK Electricity Transmission, UK Electricity Distribution, New England, New York and National Grid Ventures. The UK Electricity Transmission segment includes the high-voltage electricity transmission networks in England and Wales. The UK Electricity Distribution segment includes the electricity distribution networks of NGED in the East Midlands, West Midlands and Southwest of England and South Wales. The New England segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New England. The New York segment is engaged in gas distribution networks, electricity distribution networks, and high-voltage electricity transmission networks in New York.

National Grid PLC (NGG) is expected to reach a stock price of $85-$100 by 2030, driven by its strategic investments in grid modernization and renewable energy infrastructure. The company's strong position in the utilities sector and its ongoing projects, such as the £59B HVDC supply chain framework, support long-term growth. The stock's current price of $63.37 and stable sector outlook suggest a bullish trajectory.

NGG has a total of 31425 employees.