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Shares of Nextera Energy Rank the Highest in Terms of Price to Last Quarter Annualized Sales Ratio in the Electric Utilities Industry (NEE, MGEE, IDA, OGE, ES)

By Shiri Gupta

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 1.83. Following is Mge Energy Inc with a price to last quarter annualized sales ratio of 1.23. Idacorp Inc ranks third highest with a price to last quarter annualized sales ratio of 1.04.

Oge Energy Corp follows with a price to last quarter annualized sales ratio of 1.00, and Eversource Energ rounds out the top five with a price to last quarter annualized sales ratio of 0.93.

SmarTrend recommended that subscribers consider buying shares of Nextera Energy on November 18th, 2019 as our technology indicated a new Uptrend was in progress when shares hit $231.42. Since that recommendation, shares of Nextera Energy have risen 14.0%. We continue to monitor Nextera Energy for any potential shift so investors can protect gains and will alert SmarTrend subscribers immediately.

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

Ticker(s): NEE MGEE IDA OGE ES