The Utilities sector as a whole closed the day down 0.6% versus the S&P 500, which was down 0.8%. Laggards within the Utilities sector included

American DG Energy

(

ADGE

), down 3.4%,

GreenHunter Resources

(

GRH

), down 6.3%,

Spark Energy

(

SPKE

), down 1.8%,

Cadiz

(

CDZI

), down 14.0% and

Fuelcell Energy

(

FCEL

), down 3.5%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the sector lower today:

Cadiz

(

CDZI

) is one of the companies that pushed the Utilities sector lower today. Cadiz was down $1.26 (14.0%) to $7.74 on heavy volume. Throughout the day, 600,296 shares of Cadiz exchanged hands as compared to its average daily volume of 160,200 shares. The stock ranged in price between $7.72-$8.92 after having opened the day at $8.89 as compared to the previous trading day's close of $9.00.

Cadiz Inc. operates as a land and water resource development company in the United States. It engages in the water resource, and land and agricultural development activities in San Bernardino County properties. Cadiz has a market cap of $154.2 million and is part of the utilities industry. Shares are down 19.6% year-to-date as of the close of trading on Wednesday.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

TheStreet Ratings rates

Cadiz

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income and generally disappointing historical performance in the stock itself.

Highlights from TheStreet Ratings analysis on CDZI go as follows:

  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed compared to the Water Utilities industry average, but is greater than that of the S&P 500. The net income has decreased by 3.1% when compared to the same quarter one year ago, dropping from -$4.69 million to -$4.84 million.
  • CDZI has underperformed the S&P 500 Index, declining 8.81% from its price level of one year ago. The fact that the stock is now selling for less than others in its industry in relation to its current earnings is not reason enough to justify a buy rating at this time.
  • The gross profit margin for CADIZ INC is currently very high, coming in at 100.00%. CDZI has managed to maintain the strong profit margin since the same quarter of last year. Despite the mixed results of the gross profit margin, CDZI's net profit margin of -26900.00% significantly underperformed when compared to the industry average.
  • Net operating cash flow has increased to -$2.64 million or 40.55% when compared to the same quarter last year. In addition, CADIZ INC has also vastly surpassed the industry average cash flow growth rate of -18.84%.
  • CADIZ INC has improved earnings per share by 6.9% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past two years. During the past fiscal year, CADIZ INC continued to lose money by earning -$1.15 versus -$1.46 in the prior year.

You can view the full analysis from the report here:

Cadiz Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

At the close,

Spark Energy

(

SPKE

) was down $0.28 (1.8%) to $15.41 on light volume. Throughout the day, 28,060 shares of Spark Energy exchanged hands as compared to its average daily volume of 37,900 shares. The stock ranged in price between $15.19-$15.80 after having opened the day at $15.50 as compared to the previous trading day's close of $15.69.

Spark Energy has a market cap of $47.1 million and is part of the utilities industry. Shares are up 11.4% year-to-date as of the close of trading on Wednesday. Currently there are 2 analysts who rate Spark Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

GreenHunter Resources

(

GRH

) was another company that pushed the Utilities sector lower today. GreenHunter Resources was down $0.03 (6.3%) to $0.52 on light volume. Throughout the day, 31,492 shares of GreenHunter Resources exchanged hands as compared to its average daily volume of 82,900 shares. The stock ranged in price between $0.51-$0.55 after having opened the day at $0.55 as compared to the previous trading day's close of $0.56.

GreenHunter Resources, Inc. provides water management solutions in the United States. It offers water solutions for the unconventional oil and natural gas shale resource plays. GreenHunter Resources has a market cap of $21.8 million and is part of the utilities industry. Shares are down 22.8% year-to-date as of the close of trading on Wednesday. Currently there is 1 analyst who rates GreenHunter Resources a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates

GreenHunter Resources

as a

sell

. The company's weaknesses can be seen in multiple areas, such as its disappointing return on equity, weak operating cash flow, poor profit margins and generally disappointing historical performance in the stock itself.

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.

Highlights from TheStreet Ratings analysis on GRH go as follows:

  • Return on equity has greatly decreased when compared to its ROE from the same quarter one year prior. This is a signal of major weakness within the corporation. Compared to other companies in the Energy Equipment & Services industry and the overall market, GREENHUNTER RESOURCES INC's return on equity significantly trails that of both the industry average and the S&P 500.
  • Net operating cash flow has significantly decreased to -$0.13 million or 109.98% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The gross profit margin for GREENHUNTER RESOURCES INC is currently lower than what is desirable, coming in at 34.02%. Regardless of GRH's low profit margin, it has managed to increase from the same period last year. Despite the mixed results of the gross profit margin, GRH's net profit margin of -28.36% significantly underperformed when compared to the industry average.
  • GRH's stock share price has done very poorly compared to where it was a year ago: Despite any rallies, the net result is that it is down by 73.28%, which is also worse that the performance of the S&P 500 Index. Investors have so far failed to pay much attention to the earnings improvements the company has managed to achieve over the last quarter. Naturally, the overall market trend is bound to be a significant factor. However, in one sense, the stock's sharp decline last year is a positive for future investors, making it cheaper (in proportion to its earnings over the past year) than most other stocks in its industry. But due to other concerns, we feel the stock is still not a good buy right now.
  • The change in net income from the same quarter one year ago has exceeded that of the S&P 500 and greatly outperformed compared to the Energy Equipment & Services industry average. The net income has decreased by 5.2% when compared to the same quarter one year ago, dropping from -$1.39 million to -$1.46 million.

You can view the full analysis from the report here:

GreenHunter Resources Ratings Report

EXCLUSIVE OFFER: See inside Jim Cramer's multi-million dollar charitable trust portfolio to see the stocks he thinks could be potential winners. Click here to see his holdings for 14-days FREE.