EQT Corp (EQT): 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.

EQT ( EQT) pushed the Utilities sector lower today making it today's featured Utilities laggard. The sector as a whole closed the day down 0.2%. By the end of trading, EQT fell $1.17 (-1.2%) to $100.08 on average volume. Throughout the day, 1,509,582 shares of EQT exchanged hands as compared to its average daily volume of 1,567,200 shares. The stock ranged in price between $98.72-$101.37 after having opened the day at $100.63 as compared to the previous trading day's close of $101.25. Other companies within the Utilities sector that declined today were: ForceField Energy ( FNRG), down 11.3%, U.S. Geothermal ( HTM), down 5.1%, Niska Gas Storage Partners ( NKA), down 2.8% and RGC Resources ( RGCO), down 2.8%.

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 $15.3 billion and is part of the energy industry. Shares are up 13.4% year to date as of the close of trading on Tuesday. 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 revenue growth, expanding profit margins, impressive record of earnings per share growth, compelling growth in net income and solid stock price performance. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.

On the positive front, Fuelcell Energy ( FCEL), up 7.7%, Ocean Power Technologies ( OPTT), up 7.2%, Ormat Technologies ( ORA), up 6.9% and Atlas Energy ( ATLS), up 3.2% , were all gainers within the utilities sector with Edison International ( EIX) 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.

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