Why Ameren (AEE) is a Top Value Stock for the Long-Term
Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
Many investors also have a go-to methodology that helps guide their buy and sell decisions. One way to find winning stocks based on your preferred way of investing is to use the Zacks Style Scores, which are indicators that rate stocks based on three widely-followed investing types: value, growth, and momentum.
Why Investors Should Pay Attention to This Value Stock
Value investors love finding good stocks at good prices, especially before the broader market catches on to a stock's true value. Utilizing ratios like P/E, PEG, Price/Sales, and Price/Cash Flow, the Value Style Score identifies the most attractive and most discounted stocks.
Ameren (AEE)
St. Louis, MO-based Ameren Corporation, incorporated in December 1997, is a utility company, which generates and distributes electricity and natural gas to residential, commercial, industrial and wholesale end markets in Missouri and Illinois. The company serves nearly 2.4 million electric and more than 900,000 gas customers. The company has four business segments - Ameren Missouri, Ameren Illinois Electric Distribution, Ameren Illinois Natural Gas and Ameren Transmission.
AEE boasts a Value Style Score of A and VGM Score of A, and holds a Zacks Rank #3 (Hold) rating. Shares of Ameren are trading at a forward earnings multiple of 3.3X, as well as a PEG Ratio of 0.5, a Price/Cash Flow ratio of 1.5X, and a Price/Sales ratio of 0.5X.
Many value investors pay close attention to a company's earnings as well. For AEE, three analysts revised their earnings estimate upwards in the last 60 days, and the Zacks Consensus Estimate has increased $0.01 to $4.37 per share for 2023. Per share AEE boasts an average earnings surprise of 8.9%.
Investors should take the time to consider AEE for their portfolios due to its solid Zacks Ranks, notable earnings and valuation metrics, and impressive Value and VGM Style Scores.
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Ameren Corporation (AEE) : Free Stock Analysis Report
