Utility Stocks To Add to Your Watchlist – July 1st

Tesla, Berkshire Hathaway, Ford Motor, Eaton, Riot Platforms, 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. Because these firms operate in heavily regulated markets with predictable demand, they tend to generate stable cash flows and pay reliable dividends. Investors often view utility stocks as lower-volatility, income-oriented holdings within a diversified portfolio. 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.

Shares of TSLA stock traded down $17.09 during trading hours on Tuesday, reaching $300.57. 109,702,101 shares of the company’s stock were exchanged, compared to its average volume of 101,923,604. The business has a fifty day moving average price of $316.73 and a 200-day moving average price of $328.38. Tesla has a fifty-two week low of $182.00 and a fifty-two week high of $488.54. The company has a quick ratio of 1.54, a current ratio of 2.00 and a debt-to-equity ratio of 0.07. The stock has a market capitalization of $968.11 billion, a P/E ratio of 165.11, a P/E/G ratio of 12.20 and a beta of 2.47.

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.

Shares of BRK.B traded up $1.92 on Tuesday, reaching $487.69. 2,575,915 shares of the stock traded hands, compared to its average volume of 4,387,691. The firm has a market cap of $1.05 trillion, a price-to-earnings ratio of 12.99, a P/E/G ratio of 3.38 and a beta of 0.85. Berkshire Hathaway has a 12 month low of $403.82 and a 12 month high of $542.07. The stock’s 50-day moving average price is $504.79 and its 200-day moving average price is $492.91.

Ford Motor (F)

Ford Motor Company develops, delivers, and services a range of Ford trucks, commercial cars and vans, sport utility vehicles, and Lincoln luxury vehicles worldwide. It operates through Ford Blue, Ford Model e, and Ford Pro; Ford Next; and Ford Credit segments. The company sells Ford and Lincoln vehicles, service parts, and accessories through distributors and dealers, as well as through dealerships to commercial fleet customers, daily rental car companies, and governments.

Shares of Ford Motor stock traded up $0.44 during midday trading on Tuesday, hitting $11.29. 104,056,330 shares of the company were exchanged, compared to its average volume of 82,067,400. The firm has a 50 day simple moving average of $10.39 and a 200-day simple moving average of $9.96. The company has a debt-to-equity ratio of 2.26, a current ratio of 1.13 and a quick ratio of 0.97. The firm has a market cap of $44.88 billion, a P/E ratio of 9.02, a PEG ratio of 0.92 and a beta of 1.50. Ford Motor has a 52 week low of $8.44 and a 52 week high of $14.85.

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.

Shares of ETN traded down $1.95 during trading hours on Tuesday, hitting $355.04. The stock had a trading volume of 1,317,022 shares, compared to its average volume of 2,658,340. The stock has a market capitalization of $138.93 billion, a price-to-earnings ratio of 35.91, a P/E/G ratio of 2.74 and a beta of 1.16. The company has a debt-to-equity ratio of 0.41, a current ratio of 1.31 and a quick ratio of 0.84. The company’s fifty day moving average is $319.99 and its two-hundred day moving average is $312.18. Eaton has a 52 week low of $231.85 and a 52 week high of $379.99.

Riot Platforms (RIOT)

Riot Platforms, Inc., together with its subsidiaries, operates as a bitcoin mining company in North America. The company operates through three segments: Bitcoin Mining, Data Center Hosting, and Engineering. It also provides co-location services for institutional-scale bitcoin mining companies; critical infrastructure and workforce for institutional-scale miners to deploy and operate their miners; operation of data centers; and maintenance/management of computing capacity.

Shares of NASDAQ:RIOT traded up $0.21 during midday trading on Tuesday, reaching $11.51. The company’s stock had a trading volume of 34,846,441 shares, compared to its average volume of 31,837,762. The company has a debt-to-equity ratio of 0.20, a current ratio of 3.23 and a quick ratio of 3.23. The company has a market capitalization of $4.11 billion, a P/E ratio of -8.71 and a beta of 4.53. Riot Platforms has a fifty-two week low of $6.19 and a fifty-two week high of $15.87. The business’s fifty day simple moving average is $8.96 and its 200-day simple moving average is $9.62.

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 PWR stock traded down $4.15 during trading hours on Tuesday, reaching $373.83. 1,011,654 shares of the company were exchanged, compared to its average volume of 1,487,717. The stock’s fifty day moving average is $339.24 and its two-hundred day moving average is $307.04. Quanta Services has a fifty-two week low of $227.08 and a fifty-two week high of $382.79. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.31 and a quick ratio of 1.26. The company has a market cap of $55.42 billion, a price-to-earnings ratio of 60.30, a P/E/G ratio of 2.97 and a beta of 1.07.

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 NYSE SO traded up $0.16 during midday trading on Tuesday, hitting $91.99. The stock had a trading volume of 3,455,500 shares, compared to its average volume of 5,156,444. The firm has a market cap of $101.10 billion, a P/E ratio of 21.95, a price-to-earnings-growth ratio of 3.25 and a beta of 0.38. Southern has a fifty-two week low of $77.00 and a fifty-two week high of $94.45. The company has a debt-to-equity ratio of 1.69, a current ratio of 0.86 and a quick ratio of 0.65. The company’s 50-day simple moving average is $89.73 and its 200 day simple moving average is $87.64.