PG&E Corp (PCG): Today's Featured Utilities Winner

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.

PG&E ( PCG) pushed the Utilities sector higher today making it today's featured utilities winner. The sector as a whole closed the day up 0.4%. By the end of trading, PG&E rose $0.42 (1.0%) to $40.98 on light volume. Throughout the day, 2,073,206 shares of PG&E exchanged hands as compared to its average daily volume of 2,959,300 shares. The stock ranged in a price between $40.73-$41.19 after having opened the day at $40.79 as compared to the previous trading day's close of $40.56. Other companies within the Utilities sector that increased today were: PVR Partners ( PVR), up 6.9%, Atlas Energy ( ATLS), up 5.7%, Atlantic Power Corporation ( AT), up 5.5% and Pure Cycle Corporation ( PCYO), up 4.8%.

PG&E Corporation, through its subsidiary, Pacific Gas and Electric Company (Utility), transmits, delivers, and sells electricity and natural gas to customers primarily in northern and central California. The Utility provides services to approximately 15 million people. PG&E has a market cap of $18.1 billion and is part of the utilities industry. The company has a P/E ratio of 25.0, above the S&P 500 P/E ratio of 17.7. Shares are up 0.1% year to date as of the close of trading on Friday. Currently there are 4 analysts that rate PG&E a buy, no analysts rate it a sell, and 7 rate it a hold.

TheStreet Ratings rates PG&E as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels and good cash flow from operations. 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 negative front, American DG Energy ( ADGE), down 5.3%, Fuelcell Energy ( FCEL), down 5.0%, Transportadora de Gas del Sur ( TGS), down 3.4% and Cadiz ( CDZI), down 2.5%.

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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