PPL Corp (PPL): Today's Featured Utilities Loser

PPL ( PPL) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day up 0.7%. By the end of trading, PPL fell 18 cents (-0.7%) to $27.09 on average volume. Throughout the day, 4.8 million shares of PPL exchanged hands as compared to its average daily volume of 4.8 million shares. The stock ranged in price between $26.91-$27.19 after having opened the day at $27.04 as compared to the previous trading day's close of $27.27. Other company's within the Utilities sector that declined today were: American DG Energy ( ADGE), down 3.9%, Dynegy ( DYN), down 3.6%, U.S. Geothermal ( HTM), down 3.2%, and Niska Gas Storage Partners ( NKA), down 1.6%.

PPL Corporation, an energy and utility holding company, engages in the generation, transmission, distribution, and sale of electricity to wholesale and retail customers in the United States and the United Kingdom. PPL has a market cap of $15.68 billion and is part of the utilities industry. The company has a P/E ratio of 10, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 7.3% year to date as of the close of trading on Tuesday. Currently there are four analysts that rate PPL a buy, no analysts rate it a sell, and eight rate it a hold.

TheStreet Ratings rates PPL as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, attractive valuation levels, good cash flow from operations, compelling growth in net income and notable return on equity. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, China Hydroelectric Corporation ( CHC), up 5.8%, Inergy L.P ( NRGY), up 4.5%, Transportadora de Gas del Sur ( TGS), up 3.5%, and Energy Company of Parana ( ELP), up 3%, were all gainers within the utilities sector with Duke Energy Corporation ( DUK) 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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