4 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

One out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 15 points (-0.1%) at 14,074 as of Monday, March 4, 2013, 12:05 PM ET. The NYSE advances/declines ratio sits at 1,220 issues advancing vs. 1,591 declining with 184 unchanged.

The Utilities sector currently sits up 0.2% versus the S&P 500, which is unchanged. A company within the sector that fell today was Centrais Eletricas Brasileiras ( EBR.B), up 1.0%. Top gainers within the sector include Edison International ( EIX), up 1.1%, PG&E ( PCG), up 0.9% and TransCanada ( TRP), up 0.8%.

TheStreet Ratings group would like to highlight 4 stocks pushing the sector lower today:

4. Atlantic Power Corporation ( AT) is one of the companies pushing the Utilities sector lower today. As of noon trading, Atlantic Power Corporation is down $0.80 (-11.2%) to $6.32 on heavy volume Thus far, 4.0 million shares of Atlantic Power Corporation exchanged hands as compared to its average daily volume of 828,400 shares. The stock has ranged in price between $6.23-$6.69 after having opened the day at $6.67 as compared to the previous trading day's close of $7.12.

Atlantic Power Corporation operates as a power generation and infrastructure company with a portfolio of assets in the United States and Canada. Atlantic Power Corporation has a market cap of $1.2 billion and is part of the utilities industry. Shares are down 12.8% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Atlantic Power Corporation a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Atlantic Power Corporation as a sell. The company's weaknesses can be seen in multiple areas, such as its generally high debt management risk, disappointing return on equity and generally disappointing historical performance in the stock itself. Get the full Atlantic Power Corporation Ratings Report now.

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3. As of noon trading, Korea Electric Power ( KEP) is down $0.09 (-0.6%) to $14.85 on light volume Thus far, 63,043 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 829,000 shares. The stock has ranged in price between $14.81-$14.86 after having opened the day at $14.82 as compared to the previous trading day's close of $14.94.

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 $19.2 billion and is part of the utilities industry. The company has a P/E ratio of 26.7, above the S&P 500 P/E ratio of 17.7. Shares are up 7.1% year to date as of the close of trading on Friday. 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, Companhia De Saneamento Basico Do Estado De ( SBS) is down $0.82 (-1.7%) to $47.80 on light volume Thus far, 76,918 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 573,800 shares. The stock has ranged in price between $47.80-$48.24 after having opened the day at $48.13 as compared to the previous trading day's close of $48.62.

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. Companhia De Saneamento Basico Do Estado De has a market cap of $11.0 billion and is part of the utilities industry. The company has a P/E ratio of 21.0, above the S&P 500 P/E ratio of 17.7. Shares are up 15.7% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Companhia De Saneamento Basico Do Estado De a buy, 1 analyst rates it a sell, and 1 rates it a hold.

TheStreet Ratings rates Companhia De Saneamento Basico Do Estado De 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 Companhia De Saneamento Basico Do Estado De Ratings Report now.

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1. As of noon trading, EQT ( EQT) is down $1.17 (-1.8%) to $62.75 on light volume Thus far, 549,605 shares of EQT exchanged hands as compared to its average daily volume of 1.5 million shares. The stock has ranged in price between $62.58-$64.10 after having opened the day at $63.78 as compared to the previous trading day's close of $63.92.

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 $9.5 billion and is part of the utilities industry. The company has a P/E ratio of 51.7, above the S&P 500 P/E ratio of 17.7. Shares are up 7.0% year to date as of the close of trading on Friday. Currently there are 9 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 revenue growth, 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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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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