Entergy Corp (ETR): Today's Featured Utilities Loser

Entergy ( ETR) 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, Entergy fell 89 cents (-1.3%) to $65.30 on heavy volume. Throughout the day, 1.8 million shares of Entergy exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in price between $65.12-$66.65 after having opened the day at $66.37 as compared to the previous trading day's close of $66.19. Other company's within the Utilities sector that declined today were: China Hydroelectric Corporation ( CHC), down 3.2%, U.S. Geothermal ( HTM), down 2.3%, Inergy L.P ( NRGY), down 2.2%, and Pure Cycle Corporation ( PCYO), down 2.1%.

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 $11.66 billion and is part of the utilities industry. The company has a P/E ratio of 8.7, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 9.4% year to date as of the close of trading on Thursday. Currently there are two analysts that rate Entergy a buy, one analyst rates it a sell, and 10 rate it a hold.

TheStreet Ratings rates Entergy as a hold. The company's strengths can be seen in multiple areas, such as its notable return on equity, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, generally poor debt management and poor profit margins.

On the positive front, GreenHunter Energy ( GRH), up 7.3%, Clean Energy Fuels Corporation ( CLNE), up 6.3%, Distribution and Marketing Company of the N ( EDN), up 5.3%, and Transportadora de Gas del Sur ( TGS), up 5%, were all gainers within the utilities sector with PG&E ( PCG) 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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