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National Grid (NGG) Competitors

$56.53
+0.53 (+0.95%)
(As of 06/10/2024 ET)

NGG vs. EPD, ET, WMB, KMI, TRP, TRGP, WES, AM, DTM, and ETRN

Should you be buying National Grid stock or one of its competitors? The main competitors of National Grid include Enterprise Products Partners (EPD), Energy Transfer (ET), Williams Companies (WMB), Kinder Morgan (KMI), TC Energy (TRP), Targa Resources (TRGP), Western Midstream Partners (WES), Antero Midstream (AM), DT Midstream (DTM), and Equitrans Midstream (ETRN). These companies are all part of the "natural gas transmission" industry.

National Grid vs.

National Grid (NYSE:NGG) and Enterprise Products Partners (NYSE:EPD) are both large-cap utilities companies, but which is the better business? We will contrast the two companies based on the strength of their risk, analyst recommendations, valuation, media sentiment, institutional ownership, earnings, profitability, dividends and community ranking.

Enterprise Products Partners received 444 more outperform votes than National Grid when rated by MarketBeat users. Likewise, 80.44% of users gave Enterprise Products Partners an outperform vote while only 58.82% of users gave National Grid an outperform vote.

CompanyUnderperformOutperform
National GridOutperform Votes
510
58.82%
Underperform Votes
357
41.18%
Enterprise Products PartnersOutperform Votes
954
80.44%
Underperform Votes
232
19.56%

National Grid has a beta of 0.61, indicating that its stock price is 39% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.03, indicating that its stock price is 3% more volatile than the S&P 500.

Enterprise Products Partners has a net margin of 10.76% compared to National Grid's net margin of 0.00%. Enterprise Products Partners' return on equity of 19.73% beat National Grid's return on equity.

Company Net Margins Return on Equity Return on Assets
National GridN/A N/A N/A
Enterprise Products Partners 10.76%19.73%8.00%

Enterprise Products Partners has a consensus target price of $32.77, suggesting a potential upside of 15.34%. Given Enterprise Products Partners' stronger consensus rating and higher probable upside, analysts clearly believe Enterprise Products Partners is more favorable than National Grid.

Company Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
National Grid
0 Sell rating(s)
1 Hold rating(s)
6 Buy rating(s)
0 Strong Buy rating(s)
2.86
Enterprise Products Partners
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

Enterprise Products Partners has higher revenue and earnings than National Grid.

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Grid$24.95B1.68$2.88BN/AN/A
Enterprise Products Partners$49.72B1.24$5.53B$2.5511.16

4.7% of National Grid shares are owned by institutional investors. Comparatively, 26.1% of Enterprise Products Partners shares are owned by institutional investors. 32.6% of Enterprise Products Partners shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a stock is poised for long-term growth.

In the previous week, Enterprise Products Partners had 21 more articles in the media than National Grid. MarketBeat recorded 28 mentions for Enterprise Products Partners and 7 mentions for National Grid. Enterprise Products Partners' average media sentiment score of 0.81 beat National Grid's score of 0.65 indicating that Enterprise Products Partners is being referred to more favorably in the news media.

Company Very Positive Positive Neutral Negative Very Negative Overall Sentiment
National Grid
3 Very Positive mention(s)
1 Positive mention(s)
0 Neutral mention(s)
3 Negative mention(s)
0 Very Negative mention(s)
Positive
Enterprise Products Partners
13 Very Positive mention(s)
7 Positive mention(s)
6 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

National Grid pays an annual dividend of $4.95 per share and has a dividend yield of 8.8%. Enterprise Products Partners pays an annual dividend of $2.06 per share and has a dividend yield of 7.2%. Enterprise Products Partners pays out 80.8% of its earnings in the form of a dividend, suggesting it may not have sufficient earnings to cover its dividend payment in the future.

Summary

Enterprise Products Partners beats National Grid on 16 of the 19 factors compared between the two stocks.

New MarketBeat Followers Over Time

This chart shows the number of new MarketBeat users adding NGG and its top 5 competitors to their watchlist. Each company is represented with a line over a 90 day period.
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Media Sentiment Over Time

This chart shows the average media sentiment of NYSE and its competitors over the past 90 days as caculated by MarketBeat. The averaged score is equivalent to the following: Very Negative Sentiment <= -1.5, Negative Sentiment > -1.5 and <= -0.5, Neutral Sentiment > -0.5 and < 0.5, Positive Sentiment >= 0.5 and < 1.5, and Very Positive Sentiment >= 1.5.
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NGG vs. The Competition

MetricNational GridNatural gas transmission IndustryUtilities SectorNYSE Exchange
Market Cap$41.87B$19.72B$11.21B$17.67B
Dividend Yield8.84%6.14%4.27%3.57%
P/E RatioN/A20.4288.7822.11
Price / Sales1.682.9525.9414.12
Price / Cash6.719.1453.9815.70
Price / Book1.112.741.914.86
Net Income$2.88B$1.23B$532.75M$974.86M
7 Day Performance-3.20%0.74%-0.72%-0.67%
1 Month Performance-20.97%-0.24%-0.03%-0.63%
1 Year Performance-16.32%36.96%-0.23%10.59%

National Grid Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EPD
Enterprise Products Partners
4.091 of 5 stars
$28.33
+0.3%
$32.69
+15.4%
+9.0%$61.51B$49.72B11.117,500Analyst Forecast
ET
Energy Transfer
3.6868 of 5 stars
$15.37
-0.1%
$18.43
+19.9%
+21.7%$51.80B$78.59B14.1013,786Analyst Forecast
WMB
Williams Companies
3.7769 of 5 stars
$41.32
+0.8%
$40.45
-2.1%
+33.9%$50.36B$10.91B17.365,601Ex-Dividend
Analyst Forecast
Positive News
KMI
Kinder Morgan
3.2123 of 5 stars
$19.66
+0.8%
$20.50
+4.3%
+15.2%$43.63B$15.33B17.8710,891Positive News
TRP
TC Energy
3.9116 of 5 stars
$38.61
+0.6%
$48.83
+26.5%
-4.9%$38.61B$11.80B19.907,415Positive News
TRGP
Targa Resources
4.7564 of 5 stars
$116.72
+0.2%
$121.50
+4.1%
+66.7%$25.88B$16.06B24.023,182Analyst Forecast
News Coverage
Positive News
WES
Western Midstream Partners
1.8074 of 5 stars
$37.01
+1.0%
$31.55
-14.8%
+45.1%$14.08B$3.11B10.421,377Positive News
AM
Antero Midstream
3.3002 of 5 stars
$14.50
+0.6%
$12.70
-12.4%
+33.4%$6.98B$1.04B18.13604Analyst Upgrade
Positive News
DTM
DT Midstream
3.9251 of 5 stars
$67.96
+1.6%
$63.71
-6.2%
+39.9%$6.60B$922M16.58402Positive News
ETRN
Equitrans Midstream
3.5355 of 5 stars
$14.11
-0.8%
$11.22
-20.5%
+52.4%$6.17B$1.38B15.68773Analyst Forecast
Positive News

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This page (NYSE:NGG) was last updated on 6/10/2024 by MarketBeat.com Staff

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