PG&E Corp (PCG): Today's Featured Utilities Winner

PG&E ( PCG) 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, PG&E rose 56 cents (1.3%) to $44.45 on average volume. Throughout the day, 2.8 million shares of PG&E exchanged hands as compared to its average daily volume of 2.5 million shares. The stock ranged in a price between $43.97-$44.54 after having opened the day at $43.99 as compared to the previous trading day's close of $43.89. Other companies within the Utilities sector that increased today were: Dynegy ( DYN), up 7.5%, Pure Cycle Corporation ( PCYO), up 4.8%, GenOn Energy ( GEN), up 3.1%, and American DG Energy ( ADGE), up 2.6%.

PG&E Corporation, through its subsidiaries, operates as a public utility company in northern and central California. PG&E has a market cap of $18.51 billion and is part of the utilities industry. The company has a P/E ratio of 20.3, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 6.4% year to date as of the close of trading on Monday. Currently there are four analysts that rate PG&E a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates PG&E as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, expanding profit margins, growth in earnings per share and solid stock price performance. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the negative front, China Hydroelectric Corporation ( CHC), down 9.4%, U.S. Geothermal ( HTM), down 2.6%, Ellomay Capital ( ELLO), down 2.6%, and Active Power ( ACPW), down 2.5%, were all losers within the utilities sector with Public Service Enterprise Group ( PEG) 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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