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TXNM or BE: Which Is the Better Value Stock Right Now?
TXNMTXNM Energy, Inc.(TXNM) ZACKS·2024-11-29 17:46

Core Insights - Investors are considering PNM Resources (TXNM) and Bloom Energy (BE) as potential undervalued stocks in the Alternative Energy - Other sector [1] Valuation Metrics - PNM Resources has a Zacks Rank of 2 (Buy), indicating a more favorable earnings estimate revision activity compared to Bloom Energy, which has a Zacks Rank of 3 (Hold) [3] - TXNM's forward P/E ratio is 18.09, significantly lower than BE's forward P/E of 309.20, suggesting TXNM is more attractively priced [5] - The PEG ratio for TXNM is 7.12, while BE's PEG ratio is 12.37, indicating that TXNM is expected to grow earnings at a more favorable rate relative to its price [5] - TXNM has a P/B ratio of 1.77, compared to BE's P/B of 13.67, further highlighting TXNM's relative undervaluation [6] Value Grades - Based on various valuation metrics, TXNM holds a Value grade of A, while BE has a Value grade of F, suggesting that TXNM is the better option for value investors at this time [7]