Southern Co (SO): Today's Featured Utilities Winner
(
) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.2%. By the end of trading, Southern rose 27 cents (0.6%) to $42.47 on light volume. Throughout the day, 1.7 million shares of Southern exchanged hands as compared to its average daily volume of 5.9 million shares. The stock ranged in a price between $42.21-$42.59 after having opened the day at $42.22 as compared to the previous trading day's close of $42.20. Other companies within the Utilities sector that increased today were:
(
), up 40.8%,
(
), up 6.3%,
Huaneng Power International Inc
(
), up 5.8%, and
(
), up 5.8%.
Southern Company, through its subsidiaries, operates as a utility company that provides electric service in the southeastern United States. The company generates, transmits, and distributes electricity through coal, nuclear, oil and gas, and hydro resources. Southern has a market cap of $36.74 billion and is part of the
industry. The company has a P/E ratio of 17.3, below the average utilities industry P/E ratio of 17.6 and below the S&P 500 P/E ratio of 17.7. Shares are up 10.4% year to date as of the close of trading on Wednesday.
TheStreet Ratings rates Southern as a
. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, revenue growth, expanding profit margins, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.
- You can view the full Southern Ratings Report.
On the negative front,
(
), down 5.3%,
(
), down 3.6%,
(
), down 3.3%, and
(
), down 3%, were all losers within the utilities sector with
(
) being today's utilities sector loser.
- 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
ProShares UltraShort Utilities
(
).
- Find other investment ideas from our top rated ETFs lists.
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