ETR or NEE: Which Is the Better Value Stock Right Now?
NextEra Energy(NEE) ZACKS·2024-06-27 00:45
Entergy has a Zacks Rank of #2 (Buy), while NextEra Energy has a Zacks Rank of #3 (Hold) right now. This means that ETR's earnings estimate revision activity has been more impressive, so investors should feel comfortable with its improving analyst outlook. But this is just one factor that value investors are interested in. ETR currently has a forward P/E ratio of 14.77, while NEE has a forward P/E of 21.45. We also note that ETR has a PEG ratio of 2.02. This figure is similar to the commonly-used P/E ratio, ...