Utility Stocks To Follow Now – April 12th

Tesla, Berkshire Hathaway, Ford Motor, Eaton, and AutoZone are the five Utility stocks to watch today, according to MarketBeat’s stock screener tool. Utility stocks are shares in companies that provide essential services such as electricity, water, and natural gas. These companies often operate within regulated environments, which can lead to stable cash flows and make their stocks attractive for investors seeking defensive positions during economic uncertainty. 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 traded down $0.44 during midday trading on Friday, hitting $251.96. The company had a trading volume of 128,603,814 shares, compared to its average volume of 95,877,966. The company’s 50-day simple moving average is $285.19 and its 200-day simple moving average is $323.09. The company has a debt-to-equity ratio of 0.08, a quick ratio of 1.61 and a current ratio of 2.02. Tesla has a 1 year low of $138.80 and a 1 year high of $488.54. The firm has a market capitalization of $810.42 billion, a P/E ratio of 123.51, a P/E/G ratio of 5.86 and a beta of 2.58.

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 $8.14 during midday trading on Friday, reaching $523.95. The stock had a trading volume of 6,222,936 shares, compared to its average volume of 4,070,050. The company’s fifty day simple moving average is $503.50 and its two-hundred day simple moving average is $475.83. The company has a market cap of $1.13 trillion, a price-to-earnings ratio of 10.58, a PEG ratio of 3.45 and a beta of 0.80. Berkshire Hathaway has a 1-year low of $395.66 and a 1-year high of $539.00.

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 F traded up $0.19 during mid-day trading on Friday, reaching $9.33. The company’s stock had a trading volume of 145,973,466 shares, compared to its average volume of 70,081,977. The company’s 50 day moving average is $9.58 and its 200 day moving average is $10.17. The stock has a market cap of $36.96 billion, a PE ratio of 6.39, a price-to-earnings-growth ratio of 0.61 and a beta of 1.41. Ford Motor has a 12-month low of $8.44 and a 12-month high of $14.85. The company has a debt-to-equity ratio of 2.31, a current ratio of 1.16 and a quick ratio of 1.02.

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 stock traded up $6.41 during mid-day trading on Friday, hitting $277.13. 3,833,121 shares of the stock were exchanged, compared to its average volume of 2,620,567. The stock’s fifty day simple moving average is $289.36 and its two-hundred day simple moving average is $327.22. The stock has a market capitalization of $108.57 billion, a price-to-earnings ratio of 29.17, a P/E/G ratio of 2.64 and a beta of 1.09. The company has a debt-to-equity ratio of 0.46, a quick ratio of 0.96 and a current ratio of 1.50. Eaton has a 12-month low of $231.85 and a 12-month high of $379.99.

AutoZone (AZO)

AutoZone, Inc. retails and distributes automotive replacement parts and accessories in the United States, Mexico, and Brazil. The company provides various products for cars, sport utility vehicles, vans, and light trucks, including new and remanufactured automotive hard parts, maintenance items, accessories, and non-automotive products.

NYSE AZO traded up $40.85 during trading on Friday, reaching $3,656.09. The company’s stock had a trading volume of 144,421 shares, compared to its average volume of 133,434. AutoZone has a twelve month low of $2,728.97 and a twelve month high of $3,916.81. The business’s fifty day moving average price is $3,556.50 and its 200-day moving average price is $3,325.86. The firm has a market cap of $61.36 billion, a price-to-earnings ratio of 24.43, a P/E/G ratio of 1.86 and a beta of 0.54.