Stocks in the Alternative Energy - Other Sector - Investors may consider PNM Resources (TXNM) or Fluence Energy, Inc (FLNC) as potential stocks in the Alternative Energy - Other sector [1] - The Zacks Rank and Value category of the Style Scores system are used to identify value stocks, with the Zacks Rank focusing on earnings estimates and revisions, and the Style Scores identifying stocks with specific traits [2] Zacks Rank Comparison - PNM Resources has a Zacks Rank of 2 (Buy), indicating a stronger improvement in its earnings outlook compared to Fluence Energy, Inc, which has a Zacks Rank of 3 (Hold) [3] - Value investors analyze traditional figures and metrics to determine if a company is undervalued at its current share price levels [3] Valuation Metrics - The Value category highlights undervalued companies using key metrics such as P/E ratio, P/S ratio, earnings yield, and cash flow per share [4] - PNM Resources has a forward P/E ratio of 15.84 and a PEG ratio of 6.24, while Fluence Energy, Inc has a forward P/E of 471.21 and a PEG ratio of 8.38 [5] - PNM Resources has a P/B ratio of 1.58, compared to Fluence Energy, Inc's P/B ratio of 7.37 [6] Value Grade Comparison - PNM Resources earns a Value grade of A, while Fluence Energy, Inc has a Value grade of C [6] - PNM Resources stands out in both the Zacks Rank and Style Scores models, making it a better option for value investors currently [6]
TXNM vs. FLNC: Which Stock Is the Better Value Option?
Fluence Energy(FLNC) ZACKS·2024-09-17 16:41