This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration. Need a new registration confirmation email? Click here
NEW YORK (
TheStreet) - Utilities, consumer defensive and communication services are the worst-performing sectors so far this year, according to
Utilities has a total return year-to-date of 3.74%. The consumer defensive sector has a total return of 4.75% so far this year and communication services' total return is 5.37%.
Some of the worst performers in the utilities sector include:
Exelon(EXC - Get Report),
Constellation Energy(CEG) and
American Electric Power(AEP - Get Report).
This stock is down 8.7% year-to-date.
Shares of Exelon reached a 52-week low on Jan. 25 of $38.57. The stock's 52-week high of $45.45 was set on Nov. 9.
Exelon has an estimated price-to-earnings ratio for next year of 13.58; the average for conventional electricity companies is 20.17. For comparison, both
Dominion Resources(D) have higher forward P/Es of 15.68 and 14.7, respectively.
Thirteen of the 20 analysts who cover Exelon rated it hold; seven analysts gave the stock a buy rating.
TheStreet Ratings gives Exelon a
C+ grade and hold rating.