3 Stocks Pushing The Utilities Sector Lower

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model

Two out of the three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading down 17 points (-0.1%) at 12,949 as of Tuesday, Nov. 27, 2012, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,707 issues advancing vs. 1,183 declining with 148 unchanged.

The Utilities sector currently sits up 0.5% versus the S&P 500, which is up 0.0%.

TheStreet Ratings group would like to highlight 3 stocks pushing the sector lower today:

3. Korea Electric Power ( KEP) is one of the companies pushing the Utilities sector lower today. As of noon trading, Korea Electric Power is down $0.18 (-1.4%) to $12.28 on light volume Thus far, 169,664 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 686,800 shares. The stock has ranged in price between $12.23-$12.31 after having opened the day at $12.29 as compared to the previous trading day's close of $12.46.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. The company generates power from nuclear, coal, oil, liquefied natural gas, hydro, wind, and solar sources. Korea Electric Power has a market cap of $16.0 billion and is part of the utilities industry. The company has a P/E ratio of 22.3, above the S&P 500 P/E ratio of 17.7. Shares are up 13.5% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Korea Electric Power a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates Korea Electric Power as a sell. The company's weaknesses can be seen in multiple areas, such as its poor profit margins and generally disappointing historical performance in the stock itself. Get the full Korea Electric Power Ratings Report now.

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2. As of noon trading, Basic Sanitation Company of the State of Sa ( SBS) is down $1.36 (-1.6%) to $84.32 on light volume Thus far, 132,436 shares of Basic Sanitation Company of the State of Sa exchanged hands as compared to its average daily volume of 409,300 shares. The stock has ranged in price between $84.12-$86.06 after having opened the day at $85.95 as compared to the previous trading day's close of $85.68.

Companhia de Saneamento Basico do Estado de S o Paulo SABESP provides basic and environmental sanitation services; and supplies treated water on a wholesale basis to residential, commercial, industrial, and governmental customers in the State of S o Paulo. Basic Sanitation Company of the State of Sa has a market cap of $9.6 billion and is part of the utilities industry. The company has a P/E ratio of 18.4, above the S&P 500 P/E ratio of 17.7. Shares are up 52.0% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Basic Sanitation Company of the State of Sa a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Basic Sanitation Company of the State of Sa as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, notable return on equity, good cash flow from operations and increase in net income. We feel these strengths outweigh the fact that the company shows low profit margins. Get the full Basic Sanitation Company of the State of Sa Ratings Report now.

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1. As of noon trading, ONEOK ( OKE) is down $0.29 (-0.6%) to $45.64 on light volume Thus far, 331,071 shares of ONEOK exchanged hands as compared to its average daily volume of 917,800 shares. The stock has ranged in price between $45.52-$46.14 after having opened the day at $46.14 as compared to the previous trading day's close of $45.93.

ONEOK, Inc., a diversified energy company, engages in the gathering, processing, storage, and transportation of natural gas and natural gas liquids in the United States. The company operates through three segments: ONEOK Partners, Natural Gas Distribution, and Energy Services. ONEOK has a market cap of $9.4 billion and is part of the utilities industry. The company has a P/E ratio of 27.9, above the S&P 500 P/E ratio of 17.7. Shares are up 6.1% year to date as of the close of trading on Monday. Currently there are 6 analysts that rate ONEOK a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its growth in earnings per share, notable return on equity, solid stock price performance and increase in net income. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated. Get the full ONEOK Ratings Report now.

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If you are interested in one of these 5 stocks, 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).

A reminder about TheStreet Ratings group: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.
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