Core Viewpoint - Investors in the Utility - Electric Power sector should consider Edison International (EIX) and WEC Energy Group (WEC) as potential value opportunities, with EIX currently presenting a superior value option based on various valuation metrics [1][6]. Valuation Metrics - Both EIX and WEC have a Zacks Rank of 2 (Buy), indicating a positive earnings outlook due to favorable analyst estimate revisions [3]. - EIX has a forward P/E ratio of 17.31, while WEC has a forward P/E of 19.40, suggesting EIX is more attractively priced [5]. - The PEG ratio for EIX is 1.99, compared to WEC's PEG ratio of 2.43, indicating EIX may offer better value relative to its expected earnings growth [5]. - EIX's P/B ratio is 2.05, while WEC's P/B ratio is 2.42, further supporting the conclusion that EIX is undervalued compared to WEC [6]. - EIX has earned a Value grade of B, while WEC has a Value grade of C, reinforcing the assessment that EIX is the superior value option [6].
EIX or WEC: Which Is the Better Value Stock Right Now?