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National Grid (NGG) Competitors

$63.62
+0.97 (+1.55%)
(As of 07/26/2024 ET)

NGG vs. EPD, ET, WMB, KMI, TRP, TRGP, WES, DTM, AM, 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), DT Midstream (DTM), Antero Midstream (AM), 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 community ranking, dividends, valuation, media sentiment, earnings, analyst recommendations, institutional ownership, profitability and risk.

In the previous week, Enterprise Products Partners had 10 more articles in the media than National Grid. MarketBeat recorded 18 mentions for Enterprise Products Partners and 8 mentions for National Grid. Enterprise Products Partners' average media sentiment score of 0.41 beat National Grid's score of 0.21 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
2 Very Positive mention(s)
2 Positive mention(s)
3 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral
Enterprise Products Partners
5 Very Positive mention(s)
4 Positive mention(s)
9 Neutral mention(s)
0 Negative mention(s)
0 Very Negative mention(s)
Neutral

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

CompanyGross RevenuePrice/Sales RatioNet IncomeEarnings Per SharePrice/Earnings Ratio
National Grid$24.95B1.90$2.88BN/AN/A
Enterprise Products Partners$49.72B1.31$5.53B$2.5511.75

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%

National Grid pays an annual dividend of $4.95 per share and has a dividend yield of 7.8%. Enterprise Products Partners pays an annual dividend of $2.06 per share and has a dividend yield of 6.9%. 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.

Enterprise Products Partners has a consensus target price of $32.77, indicating a potential upside of 9.45%. Given Enterprise Products Partners' higher possible 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)
0 Hold rating(s)
7 Buy rating(s)
0 Strong Buy rating(s)
3.00
Enterprise Products Partners
0 Sell rating(s)
2 Hold rating(s)
11 Buy rating(s)
1 Strong Buy rating(s)
2.93

National Grid has a beta of 0.61, indicating that its share price is 39% less volatile than the S&P 500. Comparatively, Enterprise Products Partners has a beta of 1.04, indicating that its share price is 4% more volatile than the S&P 500.

Enterprise Products Partners received 443 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 58.87% of users gave National Grid an outperform vote.

CompanyUnderperformOutperform
National GridOutperform Votes
511
58.87%
Underperform Votes
357
41.13%
Enterprise Products PartnersOutperform Votes
954
80.44%
Underperform Votes
232
19.56%

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

Summary

Enterprise Products Partners beats National Grid on 15 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$47.35B$20.88B$13.03B$18.51B
Dividend Yield7.88%5.84%4.15%3.51%
P/E RatioN/A21.1291.8424.54
Price / Sales1.903.0225.5215.32
Price / Cash8.039.6618.2219.61
Price / Book1.342.771.935.07
Net Income$2.88B$1.23B$632.34M$976.63M
7 Day Performance2.96%-1.72%1.55%1.50%
1 Month Performance11.63%2.24%3.83%6.13%
1 Year Performance-7.45%35.33%1.01%7.83%

National Grid Competitors List

CompanyMarketRankShare PriceAnalysts' Price Target1Y Price PerformanceMarket CapRevenueP/E RatioEmployee CountIndicator(s)
EPD
Enterprise Products Partners
3.2528 of 5 stars
3.25 / 5 stars
$29.98
0.0%
$32.77
+9.3%
+11.2%$65.10B$49.72B11.767,500Upcoming Earnings
ET
Energy Transfer
4.2256 of 5 stars
4.23 / 5 stars
$16.34
-0.4%
$19.29
+18.0%
+23.6%$55.07B$78.59B14.9913,786Dividend Increase
Positive News
WMB
Williams Companies
3.8971 of 5 stars
3.90 / 5 stars
$42.92
-2.6%
$41.77
-2.7%
+24.8%$52.31B$10.91B18.035,601Positive News
KMI
Kinder Morgan
4.1334 of 5 stars
4.13 / 5 stars
$21.34
-1.3%
$21.86
+2.4%
+19.1%$47.36B$15.33B19.4010,891Analyst Forecast
Insider Selling
Short Interest ↓
News Coverage
TRP
TC Energy
3.4946 of 5 stars
3.49 / 5 stars
$41.79
+0.9%
$48.83
+16.9%
+13.2%$41.79B$11.80B21.547,415Upcoming Earnings
Options Volume
Analyst Revision
News Coverage
TRGP
Targa Resources
4.7487 of 5 stars
4.75 / 5 stars
$135.35
-0.4%
$132.15
-2.4%
+61.7%$30.01B$16.06B27.853,182Upcoming Earnings
WES
Western Midstream Partners
1.2038 of 5 stars
1.20 / 5 stars
$41.29
-1.9%
$32.56
-21.2%
+39.8%$15.71B$3.26B11.631,377Analyst Upgrade
DTM
DT Midstream
3.9624 of 5 stars
3.96 / 5 stars
$75.19
-0.4%
$65.67
-12.7%
+41.3%$7.30B$922M18.34402Upcoming Earnings
Short Interest ↓
AM
Antero Midstream
3.936 of 5 stars
3.94 / 5 stars
$14.77
-1.7%
$13.17
-10.9%
+23.4%$7.11B$1.04B18.46604Upcoming Earnings
Short Interest ↓
KNTK
Kinetik
1.3983 of 5 stars
1.40 / 5 stars
$43.83
-1.4%
$41.44
-5.4%
+16.4%$6.73B$1.26B17.96330News Coverage

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This page (NYSE:NGG) was last updated on 7/27/2024 by MarketBeat.com Staff

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