Top 4 Utility Sector Stocks with Strong Buy Rating
By:NewsyStocks   Wednesday, September 07, 2021 2:40 PM




1.)    MYR Group Inc. (Nasdaq: MYRG) through its subsidiaries, provides utility and electrical construction services in the continental United States. The company has a total market capitalization of $426.6 million and its enterprise value is $397.09 million. In the last 1-year the stock has given a 50.3 percent return on its stock. Analyst at Robert W. Baird has given a outperform rating on the stock with a $30 price target. The stock is trading at a P/E of 23.83, which is lower than the industry's average P/E of 45.40. The company has a PEG of 0.93 and a P/S ratio of 0.66, indicating that the company is poised for growth and is a good investment. The P/B ratio for the company is 2.10x. The company has a profit margin of 2.83 percent and operating margin of 4.75 percent. The return on equity is 9.47 percent, while return on assets is 5.28 percent. For trailing 12-months, it has reported an EBITDA of $47.92 million and net income of $18.21 million, or $0.87 per share. MYRG was trading higher by 1.72 percent to $19.54 on Wednesday.

2.)    South Jersey Industries Inc. (NYSE: SJI) through its subsidiaries, engages in the purchase, transmission, and sale of natural gas for residential, commercial, and industrial customers. The company has a total market capitalization of $1.5 billion and its enterprise value is $2.21 billion. In the last 1-year the stock has given an 11.4 percent return on its stock. Analysts at Wall Street have given a strong buy rating on the stock with a $60.67 price target. The stock is trading at a P/E of 18.32, which is higher than the industry's average P/E of 16.63. The company has a PEG of 2.29 and a P/S ratio of 1.64, which indicates high growth prospects for the company. The P/B ratio for the company is 2.55x. The company has a profit margin of 8.99 percent and an operating margin of 13.66 percent. The return on equity is 14.69 percent, while return on assets is 4.11 percent. For trailing 12-months, it has reported an EBITDA of $174.20 million and net income of $85.25 million, or $2.81 per share. SJI was trading higher by 0.56 percent to $49.49.

3.)    Ameresco Inc. (NYSE: AMRC) is a provider of energy efficiency solutions for facilities throughout North America. The company has a total market capitalization of $502.21 million and its enterprise value is $720.88 million. In the last 1-year the stock has given a 6.4 percent return on its stock. Analysts at Wall Street have given a outperform rating on the stock with a $16.50 price target. The stock is trading at a P/E of 15.67, which is higher than the industry's average P/E of 12.78. The company has a PEG of 0.68 and a P/S ratio of 0.74, which indicates high growth prospects for the company. The P/B ratio for the company is 1.42x. The company has a profit margin of 4.96 percent and an operating margin of 7.77 percent. The return on equity is 20.52 percent, while return on assets is 6.06 percent. For trailing 12-months, it has reported an EBITDA of $65.97 million and net income of $33.86 million, or $0.74 per share. AMRC was trading at $12.05, up 4.60 percent on Wednesday.

4.)    Calpine Corporation (NYSE: CPN) an independent wholesale power generation company, owns and operates natural gas-fired and geothermal power plants in North America. The company has a total market capitalization of $6.51 billion and its enterprise value is $15.99 billion. In the last 1-year the stock has given a 15.1 percent return on its stock. Analysts at Wall Street have given a buy rating on the stock with a $18.65 price target. The company has a PEG of 13.35 and a P/S ratio of 0.97, the low P/S ratio indicates that the company is poised for growth and is a good investment. The P/B ratio for the company is 1.44x. The company has a profit margin of (2.58) percent and an operating margin of 12.61 percent. The return on equity is (8.11) percent, while return on assets is 3.16 percent. For trailing 12-months, it has reported an EBITDA of $1.44 billion and net loss of $355 million, or $0.36 per share. CPN was up 1.13 percent to $14.38 a share.


 

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