FE vs. WEC: Which Stock Should Value Investors Buy Now?

Core Viewpoint - FirstEnergy (FE) is currently viewed as a better value opportunity compared to WEC Energy Group (WEC) based on various financial metrics and earnings outlook improvements [1][3][7] Valuation Metrics - FirstEnergy has a forward P/E ratio of 18.10, while WEC has a forward P/E of 21.18, indicating that FE is relatively cheaper [5] - The PEG ratio for FE is 2.80, compared to WEC's PEG ratio of 3.12, suggesting FE may offer better value when considering expected earnings growth [5] - FE's P/B ratio stands at 1.87, whereas WEC's P/B ratio is 2.58, further supporting the notion that FE is undervalued relative to its book value [6] Earnings Outlook - FirstEnergy has experienced stronger estimate revision activity, which is a positive indicator for its earnings outlook compared to WEC [3][7] - The Zacks Rank for FE is 2 (Buy), while WEC holds a Zacks Rank of 3 (Hold), reflecting a more favorable investment sentiment towards FE [3]