CPFL Energy SA (CPL): Today's Featured Utilities Loser

CPFL Energy ( CPL) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day up 0.2%. By the end of trading, CPFL Energy fell 39 cents (-1.5%) to $25.27 on average volume. Throughout the day, 492,702 shares of CPFL Energy exchanged hands as compared to its average daily volume of 414,300 shares. The stock ranged in price between $25.15-$25.93 after having opened the day at $25.82 as compared to the previous trading day's close of $25.66. Other company's within the Utilities sector that declined today were: China Hydroelectric ( CHC), down 42.9%, Evergreen Energy Inc ( EEE), down 38%, Ocean Power Technologies ( OPTT), down 5.9%, and American DG Energy Inc ( ADGE), down 5.9%.

CPFL Energia S.A., through its subsidiaries, engages in the generation, distribution, and sale of electricity in Brazil. It generates electricity through hydroelectric, thermal, biomass, and wind power plants. CPFL Energy has a market cap of $11.76 billion and is part of the utilities industry. The company has a P/E ratio of 12.7, above the average utilities industry P/E ratio of nine and below the S&P 500 P/E ratio of 17.7. Shares are up 0.3% year to date as of the close of trading on Monday.

TheStreet Ratings rates CPFL Energy as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Dynegy Inc ( DYN), up 12%, National Fuel Gas Company ( NFG), up 3.1%, EQT ( EQT), up 3%, and Consolidated Water Company ( CWCO), up 3%, were all gainers within the utilities sector with Exelon ( EXC) being today's featured utilities sector winner.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the utilities sector could consider Utilities Select Sector SPDR ( XLU) while those bearish on the utilities sector could consider ProShares UltraShort Utilities ( SDP).

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