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 0.4%. By the end of trading, EQT fell $1.57 (-1.5%) to $100.40 on average volume. Throughout the day, 1,388,443 shares of EQT exchanged hands as compared to its average daily volume of 1,556,800 shares. The stock ranged in price between $100.05-$102.13 after having opened the day at $101.73 as compared to the previous trading day's close of $101.97. Other companies within the Utilities sector that declined today were: ForceField Energy ( FNRG), down 6.8%, South Jersey Industries ( SJI), down 4.2%, GreenHunter Resources ( GRH), down 3.7% and SJW Corporation ( SJW), down 2.9%.

EQT Corporation, together with its subsidiaries, operates as a natural gas company in the United States. It operates in two segments, EQT Production and EQT Midstream. EQT has a market cap of $15.2 billion and is part of the energy industry. Shares are up 12.2% 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, impressive record of earnings per share growth, compelling growth in net income, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Fuelcell Energy ( FCEL), up 15.5%, Ocean Power Technologies ( OPTT), up 13.2%, Suburban Propane Partners ( SPH), up 2.4% and Just Energy Group ( JE), up 1.8% , were all gainers within the utilities sector with FirstEnergy ( FE) 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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