EOC, CPL, ENI And SBS, 4 Utilities Stocks Pushing The Sector Lower

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 31 points (0.2%) at 15,006 as of Tuesday, July 2, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 1,611 issues advancing vs. 1,325 declining with 103 unchanged.

The Utilities sector currently sits up 0.4% versus the S&P 500, which is up 0.4%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.8%, and Centrais Eletricas Brasileiras ( EBR), down 2.4%. Top gainers within the sector include OGE Energy ( OGE), up 1.0%, Korea Electric Power ( KEP), up 1.2%, CenterPoint Energy ( CNP), up 1.0%, EQT ( EQT), up 1.1% and TransCanada ( TRP), up 0.8%.

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

4. Empresa Nacional de ElectricidadSA ( EOC) is one of the companies pushing the Utilities sector lower today. As of noon trading, Empresa Nacional de ElectricidadSA is down $0.32 (-0.8%) to $42.40 on heavy volume. Thus far, 128,840 shares of Empresa Nacional de ElectricidadSA exchanged hands as compared to its average daily volume of 98,800 shares. The stock has ranged in price between $42.26-$42.91 after having opened the day at $42.43 as compared to the previous trading day's close of $42.72.

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. Empresa Nacional de ElectricidadSA has a market cap of $12.1 billion and is part of the utilities industry. The company has a P/E ratio of 24.5, above the S&P 500 P/E ratio of 17.7. Shares are down 9.5% year to date as of the close of trading on Monday. Currently there are 2 analysts that rate Empresa Nacional de ElectricidadSA a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Empresa Nacional de ElectricidadSA as a hold. The company's strengths can be seen in multiple areas, such as its expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including weak operating cash flow, a generally disappointing performance in the stock itself and disappointing return on equity. Get the full Empresa Nacional de ElectricidadSA Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

3. As of noon trading, CPFL Energy ( CPL) is down $0.17 (-0.9%) to $17.97 on average volume. Thus far, 184,504 shares of CPFL Energy exchanged hands as compared to its average daily volume of 368,000 shares. The stock has ranged in price between $17.90-$18.31 after having opened the day at $18.22 as compared to the previous trading day's close of $18.14.

CPFL Energia S.A., through its subsidiaries, distributes, generates, and commercializes electricity in Brazil. The company operates in five segments: Distribution, Conventional Generation Sources, Renewable Generation Sources, Commercialization, and Services. CPFL Energy has a market cap of $8.8 billion and is part of the utilities industry. The company has a P/E ratio of 14.3, below the S&P 500 P/E ratio of 17.7. Shares are down 12.7% year to date as of the close of trading on Monday. 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. Among the primary strengths of the company is its respectable return on equity which we feel is likely to continue. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, generally higher debt management risk and weak operating cash flow. Get the full CPFL Energy Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

2. As of noon trading, Enersis ( ENI) is down $0.40 (-2.5%) to $15.50 on average volume. Thus far, 376,072 shares of Enersis exchanged hands as compared to its average daily volume of 795,000 shares. The stock has ranged in price between $15.49-$15.90 after having opened the day at $15.83 as compared to the previous trading day's close of $15.90.

Enersis S.A., an electric utility company, through its subsidiaries and jointly-controlled entities, engages in the electricity generation, transmission, and distribution businesses in Chile, Brazil, Colombia, Peru, and Argentina. Enersis has a market cap of $10.7 billion and is part of the utilities industry. The company has a P/E ratio of 13.4, below the S&P 500 P/E ratio of 17.7. Shares are down 10.2% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Enersis a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates Enersis as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, reasonable valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income, disappointing return on equity and poor profit margins. Get the full Enersis Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

1. As of noon trading, Companhia De Saneamento Basico Do Estado De ( SBS) is down $0.12 (-1.2%) to $10.11 on light volume. Thus far, 332,512 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 2.0 million shares. The stock has ranged in price between $10.03-$10.20 after having opened the day at $10.08 as compared to the previous trading day's close of $10.23.

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 $7.1 billion and is part of the utilities industry. The company has a P/E ratio of 7.4, below the S&P 500 P/E ratio of 17.7. Shares are down 25.3% year to date as of the close of trading on Monday. Currently there is 1 analyst that rates Companhia De Saneamento Basico Do Estado De a buy, no analysts rate it a sell, and 2 rate 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 impressive record of earnings per share growth, notable return on equity, attractive valuation levels, good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income. Get the full Companhia De Saneamento Basico Do Estado De Ratings Report now.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.

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).

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