Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model
) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.2%. By the end of trading, Entergy rose $1.68 (2.4%) to $72.10 on heavy volume. Throughout the day, two million shares of Entergy exchanged hands as compared to its average daily volume of 965,400 shares. The stock ranged in a price between $69.91-$72.11 after having opened the day at $70.17 as compared to the previous trading day's close of $70.42. Other companies within the Utilities sector that increased today were:
), up 4%,
), up 2.9%,
), up 2.8%, and
), up 2.4%.
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Entergy Corporation, together with its subsidiaries, engages in the electric power production and retail electric distribution operations in the United States. The company operates in two segments, Utility and Entergy Wholesale Commodities. Entergy has a market cap of $12.4 billion and is part of the utilities industry. The company has a P/E ratio of 12.5, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 3.6% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Entergy a buy, two analysts rate it a sell, and nine rate it a hold.
TheStreet Ratings rates Entergy as a
. The company's strengths can be seen in multiple areas, such as its increase in net income, attractive valuation levels, increase in stock price during the past year and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Entergy Ratings Report.
On the negative front,
), down 17.5%,
), down 2.4%,
), down 2.3%, and
), down 1.9%, were all laggards within the utilities sector with
) being today's utilities sector laggard.
- Use our utilities section to find sector-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider
) while those bearish on the utilities sector could consider
- Find other investment ideas from our top rated ETFs lists.
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