CMS Energy Corp (CMS): Today's Featured Utilities Winner

CMS Energy ( CMS) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day down 0.8%. By the end of trading, CMS Energy rose 20 cents (1%) to $21.12 on light volume. Throughout the day, 2.4 million shares of CMS Energy exchanged hands as compared to its average daily volume of 3.3 million shares. The stock ranged in a price between $20.84-$21.13 after having opened the day at $20.86 as compared to the previous trading day's close of $20.92. Other companies within the Utilities sector that increased today were: China Hydroelectric ( CHC), up 11.5%, Atlas Energy ( ATLS), up 2.1%, NorthWestern Corporation ( NWE), up 1.9%, and Targa Resources ( TRGP), up 1.9%.

CMS Energy Corporation, through its subsidiaries, operates as an energy company primarily in Michigan. The company operates in three segments: Electric Utility, Gas Utility, and Enterprises. CMS Energy has a market cap of $5.17 billion and is part of the utilities industry. The company has a P/E ratio of 13.4, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 12.5% year to date as of the close of trading on Wednesday.

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

On the negative front, Evergreen Energy Inc ( EEE), down 35.3%, American DG Energy Inc ( ADGE), down 7.8%, Active Power Inc ( ACPW), down 7.1%, and Ormat Technologies Inc ( ORA), down 6.6%, were all losers within the utilities sector with PPL ( PPL) being today's utilities sector loser.

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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