AGR or OGE: Which Is the Better Value Stock Right Now?

Core Viewpoint - The comparison between Avangrid (AGR) and OGE Energy (OGE) indicates that AGR currently presents a better investment opportunity for value investors due to its stronger Zacks Rank and more favorable valuation metrics [1][3][6]. Valuation Metrics - Avangrid has a forward P/E ratio of 15.28, while OGE Energy has a forward P/E of 19.51, suggesting that AGR is undervalued compared to OGE [5]. - The PEG ratio for Avangrid is 2.55, compared to OGE's PEG ratio of 3.77, indicating that AGR's expected earnings growth is more favorable relative to its valuation [5]. - Avangrid's P/B ratio stands at 0.67, while OGE's P/B ratio is 1.82, further supporting the notion that AGR is undervalued [6]. Zacks Rank and Style Scores - Avangrid holds a Zacks Rank of 2 (Buy), indicating a positive earnings estimate revision trend, while OGE Energy has a Zacks Rank of 3 (Hold) [3]. - In terms of Value grades, Avangrid has received a grade of B, whereas OGE has a grade of C, reinforcing the preference for AGR among value investors [6].