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Is Just Energy (JE) Stock A Great Combo of Value and Growth?

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Value investing is always a very popular strategy, and for good reason. After all, who doesn’t want to find stocks that have low PEs, solid outlooks, and decent dividends?

Fortunately for investors looking for this combination, we have identified a strong candidate which may be an impressive value; Just Energy Group Inc. .

Just Energy in Focus

JE may be an interesting play thanks to its forward PE of 2.6, its P/S ratio of 0.3, and its decent dividend yield of 6.7%. These factors suggest that Just Energy is a pretty good value pick, as investors have to pay a relatively low level for each dollar of earnings, and that JE has decent revenue metrics to back up its earnings.

JUST ENERGY GRP PE Ratio (TTM)

 

JUST ENERGY GRP PE Ratio (TTM) | JUST ENERGY GRP Quote

But before you think that Just Energy is just a pure value play, it is important to note that it has been seeing solid activity on the earnings estimate front as well. For current year earnings, the consensus has gone up significantly in the past 30 days, thanks to 1 upward revision in the past one month compared to no downward revisions.

This estimate strength is actually enough to push JE to a Zacks Rank #2 (Buy), suggesting it is poised to outperform. So really, Just Energy is looking great from a number of angles thanks to its PE below 20, a P/S ratio below one, and a strong Zacks Rank, meaning that this company could be a great choice for value investors at this time.

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