ETR or NEE: Which Is the Better Value Stock Right Now?

Valuation Metrics - ETR has a forward P/E ratio of 14.77, while NEE has a forward P/E of 21.45 [2] - ETR has a PEG ratio of 2.02, compared to NEE's PEG ratio of 2.50 [2] - ETR has a P/B ratio of 1.57, while NEE has a P/B ratio of 2.54 [9] Earnings Outlook - ETR is currently sporting an improving earnings outlook, making it stand out in the Zacks Rank model [3] - ETR's earnings estimate revision activity has been more impressive, indicating a stronger analyst outlook [1] Value Assessment - ETR holds a Value grade of B, while NEE has a Value grade of D [6] - The Value category highlights undervalued companies by looking at key metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share [5] Investment Strategy - The Zacks Rank model favors stocks with strong earnings estimate revision trends and pairs them with an impressive grade in the Value category of the Style Scores system [4] - Value investors analyze traditional figures and metrics to determine if a company is undervalued at its current share price levels [8]