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

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

Exelon ( EXC) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.4%. By the end of trading, Exelon fell $0.51 (-1.4%) to $34.93 on average volume. Throughout the day, 5,375,050 shares of Exelon exchanged hands as compared to its average daily volume of 6,587,600 shares. The stock ranged in price between $34.89-$35.49 after having opened the day at $35.28 as compared to the previous trading day's close of $35.44. Other companies within the Utilities sector that declined today were: Ocean Power Technologies ( OPTT), down 4.8%, RGC Resources ( RGCO), down 3.3%, Cadiz ( CDZI), down 2.5% and Artesian Resource Corporation ( ARTNA), down 2.4%.
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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 $30.5 billion and is part of the utilities industry. The company has a P/E ratio of 28.0, above the S&P 500 P/E ratio of 17.7. Shares are up 19.7% year to date as of the close of trading on Friday. Currently there are 3 analysts that rate Exelon a buy, 1 analyst rates 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 robust 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 deteriorating net income, disappointing return on equity and poor profit margins.

On the positive front, Beacon Power ( BCON), down 6.7%, U.S. Geothermal ( HTM), down 4.2%, Pure Cycle Corporation ( PCYO), down 3.5% and Empresa Distribuidora y Comercializadora No ( EDN), down 3.4%.

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).

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