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NextEra Energy, Inc. Message Board

  • caseno_98 caseno_98 Apr 10, 2013 11:47 AM Flag

    FPL in Top Three for BEST Earnings to Growth Ratio:

    Below are the three companies in the Electric Utilities industry with the lowest price to earnings to growth (PEG) ratios. PEG is valuable in assessing the tradeoff between the price of a stock and expected growth. Generally, the lower the PEG, the better.

    ITC Holdings (NYSE:ITC) is lowest with a PEG ratio of 1.18. ITC Holdings Corporation is a holding company. Through subsidiaries, the Company transmits electricity from electricity generating stations to local electricity distribution facilities. ITC invests in electricity transmission infrastructure improvements as a means to improve electricity reliability and reduce congestion. In the past 52 weeks, ITC Holdings share prices have been bracketed by a low of $66.30 and a high of $92.73 and are now at $92.67, 40% above that low price. The 200-day and 50-day moving averages have moved 0.43% higher and 0.86% higher over the past week, respectively.

    Otter Tail (NASDAQ:OTTR) is next with a PEG ratio of 1.48. Finishing up the bottom three is FPL Group (NYSE:FPL), with a PEG ratio of 1.93.

    Sentiment: Strong Buy

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