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

PG&E ( PCG) pushed the Utilities sector lower today making it today's featured Utilities loser. The sector as a whole closed the day down 0.3%. By the end of trading, PG&E fell 56 cents (-1.2%) to $44.81 on average volume. Throughout the day, 2.2 million shares of PG&E exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $44.76-$45.31 after having opened the day at $45.30 as compared to the previous trading day's close of $45.37. Other company's within the Utilities sector that declined today were: U.S. Geothermal ( HTM), down 10%, American DG Energy ( ADGE), down 4.4%, Active Power ( ACPW), down 3.1%, and Delta Natural Gas Company ( DGAS), down 2.7%.

PG&E Corporation, through its subsidiaries, operates as a public utility company in northern and central California. PG&E has a market cap of $19.15 billion and is part of the utilities industry. The company has a P/E ratio of 21, equal to the average utilities industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10% year to date as of the close of trading on Friday. 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, solid stock price performance and growth in earnings per share. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity.

On the positive front, RGC Resources ( RGCO), up 3.1%, Atlas Energy ( ATLS), up 3.1%, Pure Cycle Corporation ( PCYO), up 2.9%, and Brookfield Infrastructure Partners ( BIP), up 2.1%, were all gainers within the utilities sector with FirstEnergy ( FE) 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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