Top Utility Stocks To Consider – May 8th

Tesla, Berkshire Hathaway, Ford Motor, Rivian Automotive, Eaton, CRH, and Quanta Services are the seven Utility stocks to watch today, according to MarketBeat’s stock screener tool. Utility stocks are shares in companies that provide essential public services—such as electricity, natural gas, water and waste management—often under regulated frameworks. Because demand for these services is relatively inelastic and pricing is typically overseen by government agencies, utility stocks tend to generate stable cash flows and offer higher-than-average dividend yields, making them a defensive investment choice. 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 up $11.38 on Thursday, reaching $287.60. The company’s stock had a trading volume of 70,787,134 shares, compared to its average volume of 95,721,521. The stock has a 50 day moving average price of $258.13 and a 200 day moving average price of $325.63. The firm has a market cap of $926.35 billion, a price-to-earnings ratio of 140.98, a price-to-earnings-growth ratio of 5.86 and a beta of 2.43. Tesla has a 12-month low of $167.41 and a 12-month high of $488.54. The company has a quick ratio of 1.61, a current ratio of 2.02 and a debt-to-equity ratio of 0.08.

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 NYSE BRK.B traded down $2.51 during midday trading on Thursday, reaching $515.71. 2,485,304 shares of the stock were exchanged, compared to its average volume of 4,226,830. The company has a market capitalization of $1.11 trillion, a P/E ratio of 10.42, a P/E/G ratio of 3.45 and a beta of 0.88. The stock has a 50 day moving average price of $518.08 and a 200-day moving average price of $484.05. Berkshire Hathaway has a 52-week low of $401.58 and a 52-week high of $542.07.

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 NYSE F traded up $0.04 during mid-day trading on Thursday, reaching $10.32. The company had a trading volume of 75,736,247 shares, compared to its average volume of 74,521,287. The company has a debt-to-equity ratio of 2.31, a quick ratio of 1.02 and a current ratio of 1.16. The stock’s 50 day moving average is $9.77 and its 200-day moving average is $10.07. The stock has a market capitalization of $40.90 billion, a PE ratio of 7.07, a price-to-earnings-growth ratio of 0.61 and a beta of 1.53. Ford Motor has a twelve month low of $8.44 and a twelve month high of $14.85.

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.

Rivian Automotive stock traded up $0.94 during midday trading on Thursday, reaching $13.66. 33,626,977 shares of the company’s stock were exchanged, compared to its average volume of 36,237,500. Rivian Automotive has a 52 week low of $9.25 and a 52 week high of $18.86. The stock’s 50-day simple moving average is $11.88 and its 200 day simple moving average is $12.28. The company has a debt-to-equity ratio of 0.93, a quick ratio of 3.70 and a current ratio of 5.09. The firm has a market cap of $15.45 billion, a price-to-earnings ratio of -2.89 and a beta of 1.86.

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 $6.36 on Thursday, reaching $308.56. The company’s stock had a trading volume of 1,057,159 shares, compared to its average volume of 2,634,327. Eaton has a 12-month low of $231.85 and a 12-month high of $379.99. The company has a market capitalization of $120.88 billion, a P/E ratio of 32.48, a PEG ratio of 2.64 and a beta of 1.14. The stock’s 50 day simple moving average is $281.59 and its 200-day simple moving average is $320.81. The company has a quick ratio of 0.96, a current ratio of 1.50 and a debt-to-equity ratio of 0.46.

CRH (CRH)

CRH plc, together with its subsidiaries, provides building materials solutions in Ireland and internationally. It operates through four segments: Americas Materials Solutions, Americas Building Solutions, Europe Materials Solutions, and Europe Building Solutions. The company provides solutions for the construction and maintenance of public infrastructure and commercial and residential buildings; and produces and sells aggregates, cement, readymixed concrete, and asphalt, as well as provides paving and construction services.

NYSE:CRH traded up $2.22 on Thursday, hitting $94.04. The stock had a trading volume of 2,770,345 shares, compared to its average volume of 5,794,185. The stock has a market cap of $63.60 billion, a price-to-earnings ratio of 18.81, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33. The business’s 50-day simple moving average is $91.58 and its two-hundred day simple moving average is $96.10. CRH has a 52-week low of $71.18 and a 52-week high of $110.97.

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 $5.13 during trading on Thursday, hitting $328.72. The company had a trading volume of 618,997 shares, compared to its average volume of 1,619,775. The company has a fifty day simple moving average of $268.49 and a two-hundred day simple moving average of $300.53. Quanta Services has a one year low of $227.08 and a one year high of $365.88. The stock has a market cap of $48.74 billion, a price-to-earnings ratio of 54.51, a price-to-earnings-growth ratio of 1.41 and a beta of 1.02. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.30 and a quick ratio of 1.19.