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

Entergy ( ETR) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.4%. By the end of trading, Entergy rose $1.07 (1.5%) to $71.52 on average volume. Throughout the day, 1.2 million shares of Entergy exchanged hands as compared to its average daily volume of 1.2 million shares. The stock ranged in a price between $70.35-$71.56 after having opened the day at $70.46 as compared to the previous trading day's close of $70.45. Other companies within the Utilities sector that increased today were: Just Energy Group ( JE), up 5.7%, American Midstream Partners ( AMID), up 4%, Active Power ( ACPW), up 3.7%, and NRG Energy ( NRG), up 2.5%.

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 $12.33 billion and is part of the utilities industry. The company has a P/E ratio of 13.1, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 4.7% year to date as of the close of trading on Tuesday. 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 good cash flow from operations and solid stock price performance. However, as a counter to these strengths, we also find weaknesses including deteriorating net income, generally poor debt management and poor profit margins.

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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