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 up today with the Dow Jones Industrial Average ( ^DJI) trading up 10 points (0.1%) at 14,085 as of Thursday, Feb. 28, 2013, 12:04 PM ET. The NYSE advances/declines ratio sits at 1,607 issues advancing vs. 1,243 declining with 160 unchanged.

The Utilities sector currently sits up 0.3% versus the S&P 500, which is up 0.2%.

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

5. Energy Company of Parana ( ELP) is one of the companies pushing the Utilities sector lower today. As of noon trading, Energy Company of Parana is down $0.27 (-1.8%) to $14.93 on light volume Thus far, 115,078 shares of Energy Company of Parana exchanged hands as compared to its average daily volume of 360,200 shares. The stock has ranged in price between $14.89-$15.21 after having opened the day at $14.98 as compared to the previous trading day's close of $15.20.

Companhia Paranaense de Energia Copel engages in the generation, transmission, distribution, and sale of electricity primarily to industrial, residential, commercial, and rural customers primarily in the state of Parana, Brazil. Energy Company of Parana has a market cap of $4.2 billion and is part of the utilities industry. The company has a P/E ratio of 19.8, above the S&P 500 P/E ratio of 17.7. Shares are down 0.8% year to date as of the close of trading on Wednesday. Currently there is 1 analyst that rates Energy Company of Parana a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Energy Company of Parana as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, disappointing return on equity and poor profit margins. Get the full Energy Company of Parana Ratings Report now.

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4. As of noon trading, CPFL Energy ( CPL) is down $0.19 (-0.9%) to $20.02 on average volume Thus far, 186,837 shares of CPFL Energy exchanged hands as compared to its average daily volume of 447,400 shares. The stock has ranged in price between $19.87-$20.12 after having opened the day at $20.12 as compared to the previous trading day's close of $20.21.

CPFL Energia S.A., through its subsidiaries, engages in the generation, distribution, and sale of electric energy in Brazil. It generates electricity through hydroelectric, thermoelectric, sugarcane biomass, and wind power plants. CPFL Energy has a market cap of $9.8 billion and is part of the utilities industry. The company has a P/E ratio of 15.9, below the S&P 500 P/E ratio of 17.7. Shares are down 3.6% year to date as of the close of trading on Wednesday. Currently there are no analysts that rate CPFL Energy a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates CPFL Energy as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income and notable return on equity. However, as a counter to these strengths, we also find weaknesses including generally higher debt management risk, poor profit margins and weak operating cash flow. Get the full CPFL Energy Ratings Report now.

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3. As of noon trading, TransCanada ( TRP) is down $0.22 (-0.5%) to $46.61 on light volume Thus far, 160,415 shares of TransCanada exchanged hands as compared to its average daily volume of 490,200 shares. The stock has ranged in price between $46.46-$46.73 after having opened the day at $46.72 as compared to the previous trading day's close of $46.83.

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 $32.7 billion and is part of the utilities industry. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are down 1.0% 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 somewhat weak growth in earnings per share. Get the full TransCanada Ratings Report now.

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2. As of noon trading, ONEOK ( OKE) is down $0.10 (-0.2%) to $45.04 on average volume Thus far, 822,020 shares of ONEOK exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $44.50-$45.10 after having opened the day at $44.88 as compared to the previous trading day's close of $45.14.

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 $9.1 billion and is part of the utilities industry. The company has a P/E ratio of 27.0, above the S&P 500 P/E ratio of 17.7. Shares are up 5.6% year to date as of the close of trading on Wednesday. Currently there are 8 analysts that rate ONEOK a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates ONEOK as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, notable return on equity, growth in earnings per share 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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1. As of noon trading, Duke Energy Corporation ( DUK) is down $0.30 (-0.4%) to $69.83 on average volume Thus far, 1.3 million shares of Duke Energy Corporation exchanged hands as compared to its average daily volume of 3.2 million shares. The stock has ranged in price between $69.28-$70.10 after having opened the day at $70.02 as compared to the previous trading day's close of $70.13.

Duke Energy Corporation, together with its subsidiaries, operates as an energy company in the United States and Latin America. The company operates in three segments: U.S. Franchised Electric and Gas, Commercial Power, and International Energy. The U.S. Duke Energy Corporation has a market cap of $49.0 billion and is part of the utilities industry. The company has a P/E ratio of 16.1, below the S&P 500 P/E ratio of 17.7. Shares are up 9.9% year to date as of the close of trading on Wednesday. Currently there are 7 analysts that rate Duke Energy Corporation a buy, no analysts rate it a sell, and 11 rate it a hold.

TheStreet Ratings rates Duke Energy Corporation as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had somewhat disappointing return on equity. Get the full Duke Energy Corporation 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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