4 Utilities Stocks Dragging The Sector Down

All three major indices are trading up today with the Dow Jones Industrial Average ( ^DJI) trading up 76 points (0.5%) at 15,300 as of Tuesday, July 9, 2013, 12:50 PM ET. The NYSE advances/declines ratio sits at 2,101 issues advancing vs. 849 declining with 106 unchanged.

The Utilities sector currently sits up 0.5% versus the S&P 500, which is up 1.2%.

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 $0.31 (-0.8%) to $40.98 on average volume. Thus far, 62,181 shares of Empresa Nacional de ElectricidadSA exchanged hands as compared to its average daily volume of 108,500 shares. The stock has ranged in price between $40.82-$41.53 after having opened the day at $41.53 as compared to the previous trading day's close of $41.29.

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 $11.3 billion and is part of the utilities industry. Shares are down 15.4% 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, Korea Electric Power ( KEP) is down $0.16 (-1.4%) to $11.60 on average volume. Thus far, 270,659 shares of Korea Electric Power exchanged hands as compared to its average daily volume of 466,300 shares. The stock has ranged in price between $11.56-$11.76 after having opened the day at $11.76 as compared to the previous trading day's close of $11.76.

Korea Electric Power Corporation, an integrated electric utility company, engages in the generation, transmission, and distribution of electricity in Korea. Korea Electric Power has a market cap of $14.8 billion and is part of the utilities industry. Shares are down 15.8% year to date as of the close of trading on Monday. 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 generally disappointing historical performance in the stock itself, generally high debt management risk and poor profit margins. Get the full Korea Electric Power 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, AmeriGas Partners ( APU) is down $2.82 (-5.7%) to $46.97 on heavy volume. Thus far, 3.9 million shares of AmeriGas Partners exchanged hands as compared to its average daily volume of 110,300 shares. The stock has ranged in price between $46.71-$47.22 after having opened the day at $46.95 as compared to the previous trading day's close of $49.79.

AmeriGas Partners, L.P. operates as a retail and wholesale distributor of propane gas, and related equipment and supplies in the United States. AmeriGas Partners has a market cap of $4.5 billion and is part of the utilities industry. Shares are up 28.5% year to date as of the close of trading on Monday. Currently there are no analysts that rate AmeriGas Partners a buy, 2 analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates AmeriGas Partners as a buy. The company's strengths can be seen in multiple areas, such as its compelling growth in net income, revenue growth, expanding profit margins, good cash flow from operations and solid stock price performance. 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 AmeriGas Partners 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, Enersis ( ENI) is down $0.10 (-0.7%) to $15.36 on light volume. Thus far, 137,291 shares of Enersis exchanged hands as compared to its average daily volume of 736,900 shares. The stock has ranged in price between $15.34-$15.56 after having opened the day at $15.56 as compared to the previous trading day's close of $15.46.

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 $10.0 billion and is part of the utilities industry. Shares are down 16.0% 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.

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).

null

More from Markets

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Week Ahead: Wall Street Looks to Jobs Report as North Korea Meeting Less Certain

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Dow and S&P 500 Decline, Energy Shares Fall as U.S. Crude Oil Slides 4%

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Replay: Jim Cramer on the Markets, 10-Year Yield, Oil Prices and Foot Locker

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Video: You Could Live in a Ritz-Carlton or St. Regis Home

Component Stocks Rise After Trump Reverses Decision on ZTE

Component Stocks Rise After Trump Reverses Decision on ZTE