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National Grid (NGG) Competitors

$57.85
-0.24 (-0.41%)
(As of 05/31/2024 ET)

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

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 Kinetik (KNTK). 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 superior investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, community ranking, profitability, media sentiment, earnings, risk and valuation.

National Grid has a beta of 0.65, meaning that its share price is 35% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.02, meaning that its share price is 2% more volatile than the S&P 500.

National Grid pays an annual dividend of $2.36 per share and has a dividend yield of 4.1%. Enterprise Products Partners pays an annual dividend of $2.06 per share and has a dividend yield of 7.3%. 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.

In the previous week, Enterprise Products Partners had 9 more articles in the media than National Grid. MarketBeat recorded 21 mentions for Enterprise Products Partners and 12 mentions for National Grid. Enterprise Products Partners' average media sentiment score of 0.65 beat National Grid's score of 0.14 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
4 Very Positive mention(s)
1 Positive mention(s)
4 Neutral mention(s)
0 Negative mention(s)
2 Very Negative mention(s)
Neutral
Enterprise Products Partners
10 Very Positive mention(s)
4 Positive mention(s)
5 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Positive

Enterprise Products Partners received 444 more outperform votes than National Grid when rated by MarketBeat users. Likewise, 80.49% of users gave Enterprise Products Partners an outperform vote while only 58.78% of users gave National Grid an outperform vote.

CompanyUnderperformOutperform
National GridOutperform Votes
509
58.78%
Underperform Votes
357
41.22%
Enterprise Products PartnersOutperform Votes
953
80.49%
Underperform Votes
231
19.51%

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Grid$24.95B1.71$2.88BN/AN/A
Enterprise Products Partners$49.72B1.24$5.53B$2.5511.10

Enterprise Products Partners has a consensus price target of $32.69, suggesting a potential upside of 16.01%. Given Enterprise Products Partners' stronger consensus rating and higher probable upside, analysts plainly 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)
5 Buy rating(s)
0 Strong Buy rating(s)
2.83
Enterprise Products Partners
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

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 large money managers, hedge funds and endowments believe a company will outperform the market over the long term.

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%

Summary

Enterprise Products Partners beats National Grid on 17 of the 19 factors compared between the two stocks.

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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$42.59B$19.50B$11.82B$17.74B
Dividend Yield4.03%5.91%4.15%3.57%
P/E RatioN/A19.4791.5622.93
Price / Sales1.712.9227.9510.29
Price / Cash7.029.2517.8018.88
Price / Book1.132.421.845.87
Net Income$2.88B$1.24B$556.45M$976.92M
7 Day Performance-5.65%0.78%0.61%0.28%
1 Month Performance-14.09%3.02%4.37%4.90%
1 Year Performance-17.40%45.42%2.57%24.34%

National Grid Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EPD
Enterprise Products Partners
4.4092 of 5 stars
$28.10
-0.4%
$32.69
+16.3%
+11.0%$61.26B$49.72B11.027,500Short Interest ↓
ET
Energy Transfer
3.8713 of 5 stars
$15.49
+0.3%
$18.43
+19.0%
+24.5%$52.03B$78.59B14.2113,786Short Interest ↓
WMB
Williams Companies
3.7799 of 5 stars
$40.67
+1.3%
$39.73
-2.3%
+42.3%$48.91B$10.91B17.095,601
KMI
Kinder Morgan
3.0641 of 5 stars
$19.07
flat
$20.20
+5.9%
+17.7%$42.32B$15.33B17.3410,891Positive News
TRP
TC Energy
4.0049 of 5 stars
$38.31
-0.2%
$48.83
+27.5%
-3.5%$38.39B$11.80B19.747,415Options Volume
TRGP
Targa Resources
4.7944 of 5 stars
$115.51
+1.1%
$121.50
+5.2%
+70.2%$25.34B$16.06B23.773,182Positive News
WES
Western Midstream Partners
2.1227 of 5 stars
$37.75
+1.0%
$31.55
-16.4%
+41.8%$14.21B$3.11B10.631,377Gap Up
AM
Antero Midstream
3.3833 of 5 stars
$14.49
+0.5%
$12.70
-12.4%
+39.1%$6.94B$1.04B18.11604Analyst Downgrade
Positive News
DTM
DT Midstream
3.0495 of 5 stars
$66.44
+0.1%
$61.50
-7.4%
+45.0%$6.45B$922M16.20402Short Interest ↓
Positive News
KNTK
Kinetik
2.7032 of 5 stars
$40.68
+1.4%
$40.50
-0.4%
+25.2%$6.16B$1.26B16.67330

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This page (NYSE:NGG) was last updated on 5/31/2024 by MarketBeat.com Staff

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