Best Utility Stocks To Keep An Eye On - August 17th

Key Points

• Tesla, Berkshire Hathaway, Eaton, Rivian Automotive, Xcel Energy, Quanta Services, and Southern are the notable utility stocks to monitor, showcasing the highest trading volumes recently.
• Utility stocks typically provide steady income and lower volatility due to their stable revenues and government oversight, making them attractive for investors focused on capital preservation.
• Tesla's market cap stands at $1.07 trillion with a P/E ratio of 191.08, while Berkshire Hathaway has a market cap of $1.03 trillion and a P/E ratio of 16.37, indicating varying investment profiles in the utility sector.

Tesla, Berkshire Hathaway, Eaton, Rivian Automotive, Xcel Energy, Quanta Services, and Southern are the seven Utility stocks to watch today, according to MarketBeat's stock screener tool. Utility stocks are shares of companies that provide essential public services—such as electricity, natural gas, water and sewage treatment—which tend to operate in regulated markets with predictable demand. Because their revenues are relatively stable and overseen by government agencies, these stocks often offer consistent dividend payouts and lower volatility. Investors typically include utility stocks in portfolios seeking steady income and capital preservation. These companies had the highest dollar trading volume of any Utility stocks within the last several days.

Tesla (TSLA)

Tesla, Inc. designs, develops, manufactures, leases, and sells electric vehicles, and energy generation and storage systems in the United States, China, and internationally. The company operates in two segments, Automotive, and Energy Generation and Storage. The Automotive segment offers electric vehicles, as well as sells automotive regulatory credits; and non-warranty after-sales vehicle, used vehicles, body shop and parts, supercharging, retail merchandise, and vehicle insurance services.

NASDAQ TSLA traded down $5.02 on Friday, hitting $330.56. 74,099,060 shares of the company were exchanged, compared to its average volume of 90,268,784. Tesla has a 1-year low of $202.59 and a 1-year high of $488.54. The company has a current ratio of 2.04, a quick ratio of 1.55 and a debt-to-equity ratio of 0.07. The firm has a 50 day moving average of $320.41 and a two-hundred day moving average of $305.24. The company has a market cap of $1.07 trillion, a P/E ratio of 191.08, a P/E/G ratio of 11.49 and a beta of 2.33.

Read Our Latest Research Report on TSLA

Berkshire Hathaway (BRK.B)

Berkshire Hathaway Inc., through its subsidiaries, engages in the insurance, freight rail transportation, and utility businesses worldwide. The company provides property, casualty, life, accident, and health insurance and reinsurance; and operates railroad systems in North America. It also generates, transmits, stores, and distributes electricity from natural gas, coal, wind, solar, hydroelectric, nuclear, and geothermal sources; operates natural gas distribution and storage facilities, interstate pipelines, liquefied natural gas facilities, and compressor and meter stations; and holds interest in coal mining assets.

NYSE:BRK.B traded down $1.68 during trading hours on Friday, hitting $477.54. 5,226,998 shares of the stock were exchanged, compared to its average volume of 4,840,156. The company has a market capitalization of $1.03 trillion, a P/E ratio of 16.37, a price-to-earnings-growth ratio of 3.32 and a beta of 0.81. The company's 50 day moving average is $479.34 and its two-hundred day moving average is $497.02. Berkshire Hathaway has a twelve month low of $437.90 and a twelve month high of $542.07.

Read Our Latest Research Report on BRK.B

Eaton (ETN)

Eaton Corporation plc operates as a power management company worldwide. The company's Electrical Americas and Electrical Global segment provides electrical components, industrial components, power distribution and assemblies, residential products, single and three phase power quality and connectivity products, wiring devices, circuit protection products, utility power distribution products, power reliability equipment, and services, as well as hazardous duty electrical equipment, emergency lighting, fire detection, explosion-proof instrumentation, and structural support systems.

ETN stock traded down $4.23 during midday trading on Friday, reaching $350.87. The company's stock had a trading volume of 1,899,668 shares, compared to its average volume of 2,748,565. The business's 50-day simple moving average is $358.11 and its 200-day simple moving average is $318.76. The company has a quick ratio of 0.76, a current ratio of 1.24 and a debt-to-equity ratio of 0.47. The stock has a market cap of $136.59 billion, a PE ratio of 35.30, a price-to-earnings-growth ratio of 2.59 and a beta of 1.18. Eaton has a 52 week low of $231.85 and a 52 week high of $399.56.

Read Our Latest Research Report on ETN

Rivian Automotive (RIVN)

Rivian Automotive, Inc., together with its subsidiaries, designs, develops, manufactures, and sells electric vehicles and accessories. The company offers consumer vehicles, including a two-row, five-passenger pickup truck under the R1T brand, a three-row, seven-passenger sport utility vehicle under the R1S name.

Shares of Rivian Automotive stock traded up $0.18 during trading on Friday, hitting $12.24. 51,919,853 shares of the company were exchanged, compared to its average volume of 41,021,380. The firm has a market capitalization of $13.84 billion, a P/E ratio of -3.79 and a beta of 1.80. The firm's fifty day moving average price is $13.17 and its 200 day moving average price is $12.95. The company has a debt-to-equity ratio of 0.73, a current ratio of 3.44 and a quick ratio of 2.72. Rivian Automotive has a 1-year low of $9.50 and a 1-year high of $17.15.

Read Our Latest Research Report on RIVN

Xcel Energy (XEL)

Xcel Energy Inc., through its subsidiaries, engages in the generation, purchasing, transmission, distribution, and sale of electricity. It operates through Regulated Electric Utility, Regulated Natural Gas Utility, and All Other segments. The company generates electricity through wind, nuclear, hydroelectric, biomass, and solar energy sources, as well as coal, natural gas, oil, wood, and refuse-derived fuels.

XEL traded down $0.46 during mid-day trading on Friday, hitting $71.93. The stock had a trading volume of 7,792,732 shares, compared to its average volume of 3,455,766. Xcel Energy has a 1-year low of $59.04 and a 1-year high of $74.57. The firm has a market capitalization of $42.54 billion, a price-to-earnings ratio of 19.93, a price-to-earnings-growth ratio of 2.42 and a beta of 0.34. The company has a debt-to-equity ratio of 1.48, a current ratio of 0.96 and a quick ratio of 0.85. The stock's fifty day simple moving average is $69.93 and its 200-day simple moving average is $69.60.

Read Our Latest Research Report on XEL

Quanta Services (PWR)

Quanta Services, Inc. provides infrastructure solutions for the electric and gas utility, renewable energy, communications, and pipeline and energy industries in the United States, Canada, Australia, and internationally. The company's Electric Power Infrastructure Solutions segment engages in the design, procurement, construction, upgrade, repair, and maintenance of electric power transmission and distribution infrastructure and substation facilities; installation, maintenance, and upgrade of electric power infrastructure projects; installation of smart grid technologies on electric power networks; and design, installation, maintenance, and repair of commercial and industrial wirings.

Shares of NYSE PWR traded up $2.45 during mid-day trading on Friday, reaching $379.96. 1,436,415 shares of the company's stock were exchanged, compared to its average volume of 1,312,980. The company has a current ratio of 1.37, a quick ratio of 1.32 and a debt-to-equity ratio of 0.59. The business has a fifty day simple moving average of $382.86 and a 200 day simple moving average of $322.64. Quanta Services has a twelve month low of $227.08 and a twelve month high of $424.94. The firm has a market capitalization of $56.62 billion, a price-to-earnings ratio of 58.82, a PEG ratio of 2.26 and a beta of 1.10.

Read Our Latest Research Report on PWR

Southern (SO)

The Southern Company, through its subsidiaries, engages in the generation, transmission, and distribution of electricity. The company also develops, constructs, acquires, owns, and manages power generation assets, including renewable energy projects and sells electricity in the wholesale market; and distributes natural gas in Illinois, Georgia, Virginia, and Tennessee, as well as provides gas marketing services, gas distribution operations, and gas pipeline investments operations.

Shares of SO stock traded down $0.12 during trading hours on Friday, hitting $94.07. 5,698,523 shares of the company were exchanged, compared to its average volume of 5,405,039. Southern has a 52 week low of $80.46 and a 52 week high of $96.44. The company has a current ratio of 0.74, a quick ratio of 0.54 and a debt-to-equity ratio of 1.69. The business has a 50 day moving average of $92.49 and a two-hundred day moving average of $90.21. The company has a market capitalization of $103.48 billion, a PE ratio of 24.18, a PEG ratio of 3.25 and a beta of 0.38.

Read Our Latest Research Report on SO

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