Exelon Corp (EXC): Today's Featured Utilities Leader

Exelon ( EXC) pushed the Utilities sector higher today making it today's featured utilities leader. The sector as a whole was unchanged today. By the end of trading, Exelon rose 25 cents (0.6%) to $39.08 on average volume. Throughout the day, 5.3 million shares of Exelon exchanged hands as compared to its average daily volume of 6.3 million shares. The stock ranged in a price between $38.53-$39.14 after having opened the day at $38.80 as compared to the previous trading day's close of $38.83. Other companies within the Utilities sector that increased today were: Active Power ( ACPW), up 5%, GreenHunter Energy ( GRH), up 4.8%, GenOn Energy ( GEN), up 2.8%, and CPFL Energy ( CPL), up 2.5%.

Exelon Corporation, a utility services holding company, engages in the generation of electricity in the United States. It generates electricity from nuclear, fossil, hydro, and renewable energy sources. Exelon has a market cap of $33 billion and is part of the utilities industry. The company has a P/E ratio of 12.8, equal to the average utilities industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 10.5% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate Exelon a buy, no analysts rate it a sell, and 13 rate it a hold.

TheStreet Ratings rates Exelon as a hold. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

On the negative front, Distribution and Marketing Company of the N ( EDN), down 7.1%, Delta Natural Gas Company ( DGAS), down 5.4%, Enersis ( ENI), down 3%, and U.S. Geothermal ( HTM), down 2%, were all laggards within the utilities sector with EQT ( EQT) being today's utilities sector laggard.

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).
null

If you liked this article you might like

Tesla and Apple Better Deliver Big-Time or Look Out Below -- Week Ahead

eBay, Leidos, Shopify, Exelon: 'Mad Money' Lightning Round

Economy on a Knife's Edge: Cramer's 'Mad Money' Recap (Tuesday 5/23/17)

Exelon, Valley National Bancorp, Skyworks Solutions: 'Mad Money' Lightning Round