Public Service Enterprise Group (NYSE:PEG – Get Free Report) and Just Energy Group (OTCMKTS:JENGQ – Get Free Report) are both utilities companies, but which is the better business? We will contrast the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, earnings, profitability, risk and valuation.
Risk and Volatility
Public Service Enterprise Group has a beta of 0.51, meaning that its stock price is 49% less volatile than the S&P 500. Comparatively, Just Energy Group has a beta of 0.36, meaning that its stock price is 64% less volatile than the S&P 500.
Institutional and Insider Ownership
73.3% of Public Service Enterprise Group shares are held by institutional investors. Comparatively, 28.9% of Just Energy Group shares are held by institutional investors. 0.2% of Public Service Enterprise Group shares are held by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company will outperform the market over the long term.
Analyst Recommendations
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Public Service Enterprise Group | 0 | 10 | 6 | 1 | 2.47 |
| Just Energy Group | 0 | 0 | 0 | 0 | 0.00 |
Public Service Enterprise Group currently has a consensus price target of $90.63, indicating a potential upside of 20.42%. Given Public Service Enterprise Group’s stronger consensus rating and higher probable upside, equities research analysts plainly believe Public Service Enterprise Group is more favorable than Just Energy Group.
Valuation & Earnings
This table compares Public Service Enterprise Group and Just Energy Group”s gross revenue, earnings per share and valuation.
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Public Service Enterprise Group | $12.17 billion | 3.08 | $2.11 billion | $4.02 | 18.72 |
| Just Energy Group | $2.15 billion | 0.00 | $678.53 million | $2.84 | 0.01 |
Public Service Enterprise Group has higher revenue and earnings than Just Energy Group. Just Energy Group is trading at a lower price-to-earnings ratio than Public Service Enterprise Group, indicating that it is currently the more affordable of the two stocks.
Profitability
This table compares Public Service Enterprise Group and Just Energy Group’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Public Service Enterprise Group | 16.04% | 12.42% | 3.68% |
| Just Energy Group | 6.16% | 98.77% | 9.12% |
Summary
Public Service Enterprise Group beats Just Energy Group on 13 of the 15 factors compared between the two stocks.
About Public Service Enterprise Group
Public Service Enterprise Group Incorporated, through its subsidiaries, operates in electric and gas utility business in the United States. It operates through PSE&G and PSEG Power segments. The PSE&G segment transmits electricity; distributes electricity and natural gas to residential, commercial, and industrial customers; and appliance services and repairs to customers through its service territory, as well as invests in solar generation projects, and energy efficiency and related programs. The PSEG Power segment engages in nuclear generation businesses; and supplies power and natural gas to nuclear power plants and gas storage facilities activities. As of December 31, 2023, it had electric transmission and distribution system of 25,000 circuit miles and 866,600 poles; 56 switching stations with an installed capacity of 39,953 megavolt-amperes (MVA), and 235 substations with an installed capacity of 10,382 MVA; 109 MVA aggregate installed capacity for substations; four electric distribution headquarters and five electric sub-headquarters; 18,000 miles of gas mains, 12 gas distribution headquarters, two sub-headquarters, and one meter shop, as well as 56 natural gas metering and regulating stations; and 158 MegaWatts defined conditions of installed PV solar capacity. Public Service Enterprise Group Incorporated was founded in 1903 and is based in Newark, New Jersey.
About Just Energy Group
Just Energy Group Inc., through its subsidiaries, provides electricity and natural gas commodities in the United States and Canada. It operates through two segments, The Mass Market and The Commercial. The company offers fixed, variable, index and flat rate commodity products, as well as Just Green products; smart thermostats; and subscription-based home water filtration systems, including under-counter and whole-home water filtration solution, as well as sustainable carbon emissions solutions. It offers energy solutions under the Just Energy, Tara Energy, Amigo Energy, and terrapass brands. The company serves residential and commercial customers through brokers, door-to-door commercial independent contractors, and inside commercial sales representatives. Just Energy Group Inc. was founded in 1997 and is based in Toronto, Canada.
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