5 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

All three major indices are trading down today with the Dow Jones Industrial Average ( ^DJI) trading down 24 points (-0.2%) at 13,886 as of Thursday, Jan. 31, 2013, 11:49 AM ET. The NYSE advances/declines ratio sits at 1,305 issues advancing vs. 1,515 declining with 144 unchanged.

The Utilities sector currently sits down 0.2% versus the S&P 500, which is down 0.3%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.1%, and CPFL Energy ( CPL), down 1.2%.

TheStreet Ratings group would like to highlight 5 stocks pushing the sector lower today:

5. TransCanada ( TRP) is one of the companies pushing the Utilities sector lower today. As of noon trading, TransCanada is down $0.86 (-1.8%) to $47.24 on heavy volume Thus far, 379,657 shares of TransCanada exchanged hands as compared to its average daily volume of 410,200 shares. The stock has ranged in price between $47.16-$48.10 after having opened the day at $48.08 as compared to the previous trading day's close of $48.10.

Transcanada Corporation operates as an energy infrastructure company in North America. The company operates in three segments: Natural Gas Pipelines, Oil Pipelines, and Energy. TransCanada has a market cap of $34.5 billion and is part of the utilities industry. The company has a P/E ratio of 24.9, above the S&P 500 P/E ratio of 17.7. Shares are up 2.8% year to date as of the close of trading on Wednesday. Currently there are 3 analysts that rate TransCanada a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates TransCanada as a buy. The company's strengths can be seen in multiple areas, such as its good cash flow from operations, expanding profit margins and solid stock price performance. 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 TransCanada Ratings Report now.

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4. As of noon trading, Calpine ( CPN) is down $0.18 (-0.9%) to $19.53 on light volume Thus far, 986,845 shares of Calpine exchanged hands as compared to its average daily volume of 2.8 million shares. The stock has ranged in price between $19.46-$19.69 after having opened the day at $19.63 as compared to the previous trading day's close of $19.71.

Calpine Corporation, an independent wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. It operates natural gas-fired combustion turbines and renewable geothermal conventional steam turbines, as well as cogeneration power plants. Calpine has a market cap of $9.0 billion and is part of the utilities industry. The company has a P/E ratio of 110.1, above the S&P 500 P/E ratio of 17.7. Shares are up 9.3% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Calpine a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Calpine as a hold. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, expanding profit margins and good cash flow from operations. However, as a counter to these strengths, we find that the company has favored debt over equity in the management of its balance sheet. Get the full Calpine Ratings Report now.

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3. As of noon trading, EQT ( EQT) is down $1.28 (-2.1%) to $59.38 on light volume Thus far, 415,741 shares of EQT exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $59.31-$60.59 after having opened the day at $60.46 as compared to the previous trading day's close of $60.66.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $9.0 billion and is part of the utilities industry. The company has a P/E ratio of 40.5, above the S&P 500 P/E ratio of 17.7. Shares are up 2.4% year to date as of the close of trading on Wednesday. Currently there are 10 analysts that rate EQT a buy, no analysts rate it a sell, and 6 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full EQT Ratings Report now.

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2. As of noon trading, Dominion Resources ( D) is down $0.53 (-1.0%) to $53.99 on average volume Thus far, 1.1 million shares of Dominion Resources exchanged hands as compared to its average daily volume of 2.1 million shares. The stock has ranged in price between $53.87-$54.50 after having opened the day at $54.40 as compared to the previous trading day's close of $54.52.

Dominion Resources, Inc., together with its subsidiaries, engages in producing and transporting energy in the United States. It operates in three segments: DVP, Dominion Generation, and Dominion Energy. Dominion Resources has a market cap of $30.9 billion and is part of the utilities industry. The company has a P/E ratio of 26.8, above the S&P 500 P/E ratio of 17.7. Shares are up 4.9% year to date as of the close of trading on Wednesday. Currently there are 4 analysts that rate Dominion Resources a buy, no analysts rate it a sell, and 12 rate it a hold.

TheStreet Ratings rates Dominion Resources as a buy. The company's strongest point has been its very decent return on equity which we feel should persist. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Dominion Resources Ratings Report now.

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1. As of noon trading, Exelon ( EXC) is down $0.19 (-0.6%) to $31.06 on light volume Thus far, 1.5 million shares of Exelon exchanged hands as compared to its average daily volume of 8.5 million shares. The stock has ranged in price between $31.00-$31.25 after having opened the day at $31.22 as compared to the previous trading day's close of $31.25.

Exelon Corporation, a utility services holding company, engages in the energy generation and distribution business in the United States. Exelon has a market cap of $26.6 billion and is part of the utilities industry. The company has a P/E ratio of 16.7, below the S&P 500 P/E ratio of 17.7. Shares are up 5.3% year to date as of the close of trading on Wednesday. Currently there are 3 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 revenue growth and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, feeble growth in the company's earnings per share and deteriorating net income. Get the full Exelon Ratings Report now.

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If you are interested in one of these 4 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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