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

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 84 points (0.6%) at 15,176 as of Tuesday, May 14, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,014 issues advancing vs. 928 declining with 109 unchanged.

The Utilities sector currently sits up 0.8% versus the S&P 500, which is up 0.9%. Top gainers within the sector include CenterPoint Energy ( CNP), up 1.6%, Korea Electric Power ( KEP), up 1.6%, Sempra Energy ( SRE), up 1.5%, EQT ( EQT), up 1.5% and Dominion Resources ( D), up 1.3%.

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

4. National Electricity Company of Chile ( EOC) is one of the companies pushing the Utilities sector lower today. As of noon trading, National Electricity Company of Chile is down $0.43 (-0.8%) to $50.60 on light volume Thus far, 16,072 shares of National Electricity Company of Chile exchanged hands as compared to its average daily volume of 86,700 shares. The stock has ranged in price between $50.43-$50.90 after having opened the day at $50.90 as compared to the previous trading day's close of $51.03.

Empresa Nacional de Electricidad S.A., an electricity utility company, engages in the generation and transmission of electricity in Chile, Argentina, Brazil, Colombia, and Peru. It produces electricity through hydroelectric, thermal, and wind power sources. National Electricity Company of Chile has a market cap of $14.1 billion and is part of the utilities industry. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are up 4.5% year to date as of the close of trading on Monday.

TheStreet Ratings rates National Electricity Company of Chile 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 expanding profit margins. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and weak operating cash flow. Get the full National Electricity Company of Chile Ratings Report now.

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3. As of noon trading, Suburban Propane Partners ( SPH) is down $2.35 (-4.7%) to $47.70 on heavy volume Thus far, 1.5 million shares of Suburban Propane Partners exchanged hands as compared to its average daily volume of 203,500 shares. The stock has ranged in price between $47.40-$47.92 after having opened the day at $47.59 as compared to the previous trading day's close of $50.05.

Suburban Propane Partners, L.P., through its subsidiaries, engages in the retail marketing and distribution of propane, fuel oil, and refined fuels. Suburban Propane Partners has a market cap of $2.8 billion and is part of the utilities industry. The company has a P/E ratio of 36.7, above the S&P 500 P/E ratio of 17.7. Shares are up 28.8% year to date as of the close of trading on Monday.

TheStreet Ratings rates Suburban Propane Partners as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, increase in stock price during the past year, compelling growth in net income, good cash flow from operations and impressive record of earnings per share growth. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results. Get the full Suburban Propane Partners Ratings Report now.

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2. As of noon trading, Companhia De Saneamento Basico Do Estado De ( SBS) is down $0.21 (-1.6%) to $13.37 on average volume Thus far, 984,444 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 1.6 million shares. The stock has ranged in price between $13.31-$13.49 after having opened the day at $13.43 as compared to the previous trading day's close of $13.58.

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 municipal customers in the State of S o Paulo. Companhia De Saneamento Basico Do Estado De has a market cap of $9.4 billion and is part of the utilities industry. The company has a P/E ratio of 18.1, above the S&P 500 P/E ratio of 17.7. Shares are down 1.4% year to date as of the close of trading on Monday.

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 impressive record of earnings per share growth, compelling growth in net income, notable return on equity, attractive valuation levels and expanding profit margins. We feel these strengths outweigh the fact that the company shows weak operating cash flow. Get the full Companhia De Saneamento Basico Do Estado De Ratings Report now.

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1. As of noon trading, Edison International ( EIX) is down $0.27 (-0.5%) to $49.57 on average volume Thus far, 1.8 million shares of Edison International exchanged hands as compared to its average daily volume of 2.6 million shares. The stock has ranged in price between $49.27-$49.78 after having opened the day at $49.73 as compared to the previous trading day's close of $49.84.

Edison International, through its subsidiaries, generates and distributes electric power. It also invests in transportation infrastructure and energy assets, including renewable energy in the Netherlands, Australia, Switzerland, and the United Kingdom. Edison International has a market cap of $16.3 billion and is part of the utilities industry. The company has a P/E ratio of 9.8, below the S&P 500 P/E ratio of 17.7. Shares are up 10.7% year to date as of the close of trading on Monday.

TheStreet Ratings rates Edison International as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, notable return on equity, 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 shows weak operating cash flow. Get the full Edison International 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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