We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is GDF Suez (ENGIY - Free Report) . ENGIY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 6.53, which compares to its industry's average of 15.29. Over the past 52 weeks, ENGIY's Forward P/E has been as high as 7.10 and as low as 5.54, with a median of 6.29.
Investors should also note that ENGIY holds a PEG ratio of 0.99. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ENGIY's PEG compares to its industry's average PEG of 2.14. Within the past year, ENGIY's PEG has been as high as 1.07 and as low as 0.84, with a median of 0.95.
Another great Utility - Electric Power stock you could consider is TransAlta (TAC - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Furthermore, TransAlta holds a P/B ratio of 2.31 and its industry's price-to-book ratio is 2.42. TAC's P/B has been as high as 2.41, as low as 1.39, with a median of 2.17 over the past 12 months.
These figures are just a handful of the metrics value investors tend to look at, but they help show that GDF Suez and TransAlta are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ENGIY and TAC feels like a great value stock at the moment.
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Is GDF Suez (ENGIY) Stock Undervalued Right Now?
The proven Zacks Rank system focuses on earnings estimates and estimate revisions to find winning stocks. Nevertheless, we know that our readers all have their own perspectives, so we are always looking at the latest trends in value, growth, and momentum to find strong picks.
Of these, perhaps no stock market trend is more popular than value investing, which is a strategy that has proven to be successful in all sorts of market environments. Value investors use tried-and-true metrics and fundamental analysis to find companies that they believe are undervalued at their current share price levels.
Zacks has developed the innovative Style Scores system to highlight stocks with specific traits. For example, value investors will be interested in stocks with great grades in the "Value" category. When paired with a high Zacks Rank, "A" grades in the Value category are among the strongest value stocks on the market today.
One stock to keep an eye on is GDF Suez (ENGIY - Free Report) . ENGIY is currently sporting a Zacks Rank of #2 (Buy), as well as an A grade for Value. The stock is trading with a P/E ratio of 6.53, which compares to its industry's average of 15.29. Over the past 52 weeks, ENGIY's Forward P/E has been as high as 7.10 and as low as 5.54, with a median of 6.29.
Investors should also note that ENGIY holds a PEG ratio of 0.99. This figure is similar to the commonly-used P/E ratio, with the PEG ratio also factoring in a company's expected earnings growth rate. ENGIY's PEG compares to its industry's average PEG of 2.14. Within the past year, ENGIY's PEG has been as high as 1.07 and as low as 0.84, with a median of 0.95.
Another great Utility - Electric Power stock you could consider is TransAlta (TAC - Free Report) , which is a # 2 (Buy) stock with a Value Score of A.
Furthermore, TransAlta holds a P/B ratio of 2.31 and its industry's price-to-book ratio is 2.42. TAC's P/B has been as high as 2.41, as low as 1.39, with a median of 2.17 over the past 12 months.
These figures are just a handful of the metrics value investors tend to look at, but they help show that GDF Suez and TransAlta are likely being undervalued right now. Considering this, as well as the strength of its earnings outlook, ENGIY and TAC feels like a great value stock at the moment.