According to
Zen Ratings, our proprietary rating system that evaluates 115 factors proven to drive growth in stocks and assigns each stock in our system an overall letter grade as well as 7 individual Component Grades for Value, Growth, Momentum, Sentiment, Safety, Financials, and proprietary AI algorithms, the 3 best regulated electric utility stocks to buy right now are:
1. Genie Energy (NYSE:GNE)
Genie Energy (NYSE:GNE) is the #1 top regulated electric utility stock out of 41 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Genie Energy (NYSE:GNE) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: B, Financials: C, and AI: C.
Genie Energy (NYSE:GNE) has a Due Diligence Score of 48, which is 18 points higher than the regulated electric utility industry average of 30.
GNE passed 18 out of 38 due diligence checks and has strong fundamentals. Genie Energy has seen its stock lose -8.52% over the past year, underperforming other regulated electric utility stocks by -18 percentage points.
2. Axia Energia (NYSE:AXIA)
Axia Energia (NYSE:AXIA) is the #2 top regulated electric utility stock out of 41 with a Zen Rating of B. Stocks with a rating of B have had an average return of +19.88% per year.
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The Component Grade breakdown for Axia Energia (NYSE:AXIA) is: Value: C, Growth: C, Momentum: A, Sentiment: B, Safety: B, Financials: C, and AI: A.
Axia Energia (NYSE:AXIA) has a Due Diligence Score of 23, which is -7 points lower than the regulated electric utility industry average of 30. Although this number is below the industry average, our proven quant model rates AXIA as a "B".
AXIA passed 9 out of 38 due diligence checks and has weak fundamentals. Axia Energia has seen its stock return 41.7% over the past year, overperforming other regulated electric utility stocks by 33 percentage points.
3. Hawaiian Electric Industries (NYSE:HE)
The Component Grade breakdown for Hawaiian Electric Industries (NYSE:HE) is: Value: C, Growth: B, Momentum: C, Sentiment: C, Safety: C, Financials: C, and AI: C.
Hawaiian Electric Industries (NYSE:HE) has a Due Diligence Score of 19, which is -11 points lower than the regulated electric utility industry average of 30. Although this number is below the industry average, our proven quant model rates HE as a "B".
HE passed 7 out of 38 due diligence checks and has weak fundamentals. Hawaiian Electric Industries has seen its stock return 26.9% over the past year, overperforming other regulated electric utility stocks by 18 percentage points.
Hawaiian Electric Industries has an average 1 year
price target of $13.25, a downside of -5.76% from Hawaiian Electric Industries's current stock price of $14.06.
Hawaiian Electric Industries stock has a consensus Sell recommendation according to Wall Street analysts. Of the 2 analysts covering Hawaiian Electric Industries, 0% have issued a Strong Buy rating, 0% have issued a Buy, 50% have issued a hold, while 50% have issued a Sell rating, and 0% have issued a Strong Sell.