Taking full advantage of the stock market and investing with confidence are common goals for new and old investors alike.
While you may have an investing style you rely on, finding great stocks is made easier with the Zacks Style Scores. These are complementary indicators that rate stocks based on value, growth, and/or momentum characteristics.
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.
DTE Energy (DTE)
Detroit, MI-based DTE Energy Company, incorporated in 1995, is a diversified energy company that develops and manages energy-related businesses and services nationwide. The company’s two largest regulated subsidiaries are DTE Electric Company and DTE Gas Company.
DTE sits at a Zacks Rank #3 (Hold), holds a Value Style Score of B, and has a VGM Score of A. Compared to the Utility - Electric Power industry's P/E of 18X, shares of DTE Energy are trading at a forward P/E of 18.5X. DTE also has a PEG Ratio of 2.4, a Price/Cash Flow ratio of 8.7X, and a Price/Sales ratio of 2X.
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Value investors don't just pay attention to a company's valuation ratios; positive earnings play a crucial role, too. Three analysts revised their earnings estimate upwards in the last 60 days for fiscal 2025. The Zacks Consensus Estimate has increased $0.01 to $7.24 per share. DTE has an average earnings surprise of 11.8%.
Investors should take the time to consider DTE 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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DTE Energy Company (DTE) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
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