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Relatively High Price to Last Quarter Annualized Sales Ratio Detected in Shares of Nextera Energy in the Electric Utilities Industry (NEE, MGEE, IDA, OGE, PPL)

By James Quinn

Below are the three companies in the Electric Utilities industry with the highest Price to Last Quarter Annualized (LQA) Sales ratios. Price/LQA Sales is a valuable metric used to compare comparable companies using the most recent sales data on an annualized basis. Generally, the lower the ratio, the more undervalued the company.

Nextera Energy ranks highest with a price to last quarter annualized sales ratio of 1.60. Following is Mge Energy Inc with a price to last quarter annualized sales ratio of 1.19. Idacorp Inc ranks third highest with a price to last quarter annualized sales ratio of 0.98.

Oge Energy Corp follows with a price to last quarter annualized sales ratio of 0.94, and Ppl Corp rounds out the top five with a price to last quarter annualized sales ratio of 0.86.

SmarTrend is tracking the current trend status for Nextera Energy and will alert subscribers who have NEE in their portfolio or watchlist when shares have changed trend direction.

Keywords: highest price to last quarter annualized sales ratio nextera energy mge energy inc idacorp inc oge energy corp ppl corp

Ticker(s): NEE MGEE IDA OGE PPL