Just Energy Group (OTCMKTS:JENGQ) and Public Service Enterprise Group (NYSE:PEG) Financial Comparison

Just Energy Group (OTCMKTS:JENGQ) and Public Service Enterprise Group (NYSE:PEG) are both utilities companies, but which is the better business? We will compare the two businesses based on the strength of their risk, analyst recommendations, earnings, dividends, profitability, institutional ownership and valuation.

Risk & Volatility

Just Energy Group has a beta of 0.36, indicating that its stock price is 64% less volatile than the S&P 500. Comparatively, Public Service Enterprise Group has a beta of 0.51, indicating that its stock price is 49% less volatile than the S&P 500.

Analyst Ratings

This is a summary of recent recommendations and price targets for Just Energy Group and Public Service Enterprise Group, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Just Energy Group	0	0	0	0	0.00
Public Service Enterprise Group	0	10	6	1	2.47

Public Service Enterprise Group 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 possible upside, analysts plainly believe Public Service Enterprise Group is more favorable than Just Energy Group.

Profitability

This table compares Just Energy Group and Public Service Enterprise Group’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Just Energy Group	6.16%	98.77%	9.12%
Public Service Enterprise Group	16.04%	12.42%	3.68%

Valuation & Earnings

This table compares Just Energy Group and Public Service Enterprise Group”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Just Energy Group	$2.15 billion	0.00	$678.53 million	$2.84	0.01
Public Service Enterprise Group	$12.17 billion	3.08	$2.11 billion	$4.02	18.72

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.

Insider and Institutional Ownership

28.9% of Just Energy Group shares are owned by institutional investors. Comparatively, 73.3% of Public Service Enterprise Group shares are owned by institutional investors. 0.2% of Public Service Enterprise Group shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Public Service Enterprise Group beats Just Energy Group on 13 of the 15 factors compared between the two stocks.

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.

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.