Siemens AG (SI): Today's Featured Utilities Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Siemens ( SI) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole was unchanged today. By the end of trading, Siemens fell $2.02 (-1.5%) to $129.50 on average volume. Throughout the day, 454,547 shares of Siemens exchanged hands as compared to its average daily volume of 355,500 shares. The stock ranged in price between $128.90-$130.00 after having opened the day at $129.61 as compared to the previous trading day's close of $131.52. Other companies within the Utilities sector that declined today were: Empresa Distribuidora y Comercializadora No ( EDN), down 5.2%, Transportadora de Gas del Sur ( TGS), down 4.2%, Niska Gas Storage Partners ( NKA), down 3.1% and Companhia De Saneamento Basico Do Estado De ( SBS), down 3.0%.

Siemens Aktiengesellschaft, an electronics and electrical engineering company, operates in the energy, healthcare, industry, and infrastructure and cities sectors worldwide. Siemens has a market cap of $111.4 billion and is part of the utilities industry. The company has a P/E ratio of 32.1, above the S&P 500 P/E ratio of 17.7. Shares are up 20.1% year to date as of the close of trading on Monday. Currently there are 3 analysts that rate Siemens a buy, no analysts rate it a sell, and 2 rate it a hold.

TheStreet Ratings rates Siemens as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and reasonable valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front, Ocean Power Technologies ( OPTT), up 8.2%, ONEOK ( OKE), up 3.9%, AES ( AES), up 2.8% and SJW Corporation ( SJW), up 2.7% , were all gainers within the utilities sector with Exelon ( EXC) being today's featured utilities sector leader.

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).

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

If you liked this article you might like

News Out of Europe: Siemens Shares Hit Record High

News Out of Europe: Siemens Shares Hit Record High

Why Vestas Is the Purest Play in Wind Power

Why Vestas Is the Purest Play in Wind Power

What the Pros at Honeywell, Siemens Learned About Pruning Hedges

What the Pros at Honeywell, Siemens Learned About Pruning Hedges

Don't Expect GE to Buy National Oilwell Varco

Don't Expect GE to Buy National Oilwell Varco

Gold Prices Hit 3-Week High as Rate Hike Fears Simmer Down

Gold Prices Hit 3-Week High as Rate Hike Fears Simmer Down