CPL, SBS, CIG, EQT And PEG, Pushing Utilities Sector Downward

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.

Two out of the three major indices are trading lower today with the Dow Jones Industrial Average ( ^DJI) trading down 18 points (-0.1%) at 15,776 as of Monday, Feb. 10, 2014, 11:55 AM ET. The NYSE advances/declines ratio sits at 1,409 issues advancing vs. 1,532 declining with 144 unchanged.

The Utilities sector currently is unchanged today versus the S&P 500, which is down 0.1%. On the negative front, top decliners within the sector include Centrais Eletricas Brasileiras ( EBR.B), down 2.2%, and Huaneng Power International Inc. ADR repr C ( HNP), down 0.8%.

TheStreet would like to highlight 5 stocks pushing the sector lower today:

5. CPFL Energy ( CPL) is one of the companies pushing the Utilities sector lower today. As of noon trading, CPFL Energy is down $0.26 (-1.7%) to $14.82 on light volume. Thus far, 109,258 shares of CPFL Energy exchanged hands as compared to its average daily volume of 406,200 shares. The stock has ranged in price between $14.80-$14.99 after having opened the day at $14.83 as compared to the previous trading day's close of $15.08.

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 $7.1 billion and is part of the utilities industry. Shares are down 5.8% year-to-date as of the close of trading on Friday. Currently there are 2 analysts that rate CPFL Energy a buy, no analysts rate it a sell, and 1 rates it a hold.

TheStreet Ratings rates CPFL Energy as a hold. The company's strongest point has been its expanding profit margins. At the same time, however, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income 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.

4. As of noon trading, Companhia De Saneamento Basico Do Estado De ( SBS) is down $0.15 (-1.6%) to $9.23 on average volume. Thus far, 937,396 shares of Companhia De Saneamento Basico Do Estado De exchanged hands as compared to its average daily volume of 1.9 million shares. The stock has ranged in price between $9.20-$9.34 after having opened the day at $9.34 as compared to the previous trading day's close of $9.38.

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 $6.4 billion and is part of the utilities industry. Shares are down 17.2% year-to-date as of the close of trading on Friday. 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 good cash flow from operations and impressive record of earnings per share growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself. 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.

3. As of noon trading, Energy Company of Minas Gerais ( CIG) is down $0.09 (-1.6%) to $5.54 on light volume. Thus far, 1.6 million shares of Energy Company of Minas Gerais exchanged hands as compared to its average daily volume of 4.8 million shares. The stock has ranged in price between $5.52-$5.60 after having opened the day at $5.54 as compared to the previous trading day's close of $5.63.

Companhia Energetica de Minas Gerais S.A., through its subsidiaries, engages in the generation, transformation, transmission, distribution, and sale of electric energy primarily in Minas Gerais, Brazil. Energy Company of Minas Gerais has a market cap of $6.3 billion and is part of the utilities industry. Shares are down 5.5% year-to-date as of the close of trading on Friday. Currently there are no analysts that rate Energy Company of Minas Gerais a buy, no analysts rate it a sell, and 3 rate it a hold.

TheStreet Ratings rates Energy Company of Minas Gerais as a sell. The company's weaknesses can be seen in multiple areas, such as its unimpressive growth in net income, poor profit margins, generally disappointing historical performance in the stock itself and feeble growth in its earnings per share. Get the full Energy Company of Minas Gerais 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, EQT ( EQT) is down $1.03 (-1.1%) to $93.22 on average volume. Thus far, 827,349 shares of EQT exchanged hands as compared to its average daily volume of 1.4 million shares. The stock has ranged in price between $92.37-$94.61 after having opened the day at $93.79 as compared to the previous trading day's close of $94.25.

EQT Corporation, together with its subsidiaries, operates as an integrated energy company in the United States. It operates in three segments: EQT Production, EQT Midstream, and Distribution. EQT has a market cap of $14.2 billion and is part of the utilities industry. Shares are up 5.0% year-to-date as of the close of trading on Friday. Currently there are 9 analysts that rate EQT a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates EQT as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, expanding profit margins, good cash flow from operations, compelling growth in net income and solid stock price performance. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook. Get the full EQT 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, Public Service Enterprise Group ( PEG) is down $0.24 (-0.7%) to $33.70 on light volume. Thus far, 1.2 million shares of Public Service Enterprise Group exchanged hands as compared to its average daily volume of 4.1 million shares. The stock has ranged in price between $33.44-$33.83 after having opened the day at $33.76 as compared to the previous trading day's close of $33.95.

Public Service Enterprise Group Incorporated, through its subsidiaries, operates as an energy company primarily in the northeastern and mid Atlantic United States. Public Service Enterprise Group has a market cap of $17.0 billion and is part of the utilities industry. Shares are up 6.0% year-to-date as of the close of trading on Friday. Currently there are 3 analysts that rate Public Service Enterprise Group a buy, 1 analyst rates it a sell, and 6 rate it a hold.

TheStreet Ratings rates Public Service Enterprise Group as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, expanding profit margins, good cash flow from operations, 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 has had somewhat disappointing return on equity. Get the full Public Service Enterprise Group 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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