XEL vs. CNP: Which Stock Is the Better Value Option?

Core Viewpoint - Xcel Energy (XEL) is currently viewed as a superior value option compared to CenterPoint Energy (CNP) based on various valuation metrics and earnings outlooks [7] Valuation Metrics - XEL has a forward P/E ratio of 17.46, while CNP has a forward P/E of 18.69 [5] - XEL's PEG ratio is 2.53, compared to CNP's PEG ratio of 2.62, indicating XEL may offer better value relative to its expected earnings growth [5] - XEL's P/B ratio stands at 1.98, while CNP's P/B ratio is 2.01, further supporting XEL's valuation advantage [6] Earnings Outlook - Both XEL and CNP have a Zacks Rank of 2 (Buy), indicating positive earnings estimate revisions and improving earnings outlooks [3] - Despite both companies having solid earnings prospects, XEL's valuation metrics suggest it is the more attractive investment option for value investors [7]