X
<

Utility Stocks: Which Quantitative Indicators Could Be Key?

PART:
1 2 3
Part 3
Utility Stocks: Which Quantitative Indicators Could Be Key? PART 3 OF 3

Which Utility Stocks Could Be a Concern for Investors?

Scana

On April 28, Scana (SCG) had a short interest-to-equity float ratio of 5.2%—the highest among the utility stocks that make up the Utilities Select Sector SPDR ETF (XLU).

Which Utility Stocks Could Be a Concern for Investors?

Interested in AEE? Don't miss the next report.

Receive e-mail alerts for new research on AEE

Success! You are now receiving e-mail alerts for new research. A temporary password for your new Market Realist account has been sent to your e-mail address.

Success! has been added to your Ticker Alerts.

Success! has been added to your Ticker Alerts. Subscriptions can be managed in your user profile.

In the past three months, Scana has fallen 3.2%. Its short interest-to-equity float ratio has risen 51.9% during this period. Its net debt-to-EBITDA ratio is 4.7x. In the last four quarters, Scana’s revenue rose 10.6%, while its operating profit rose 18.2%. Its operating profit margin is 27.3%. It’s also one of the high implied volatility stocks that we discussed in Part 1 of this series.

NRG Energy

On April 28, NRG Energy (NRG) had a short interest-to-equity float ratio of 4.0%. In the past three months, NRG Energy has risen 2.7%. Its short interest-to-equity float ratio has fallen 15.1% during this period. Its net debt-to-EBITDA ratio is 6.6x. In the last four quarters, NRG Energy’s revenue has fallen 10.8%, while its adjusted operating income has fallen 81.5%. NRG Energy’s operating profit margin is 9.8%.

As we saw in the first two parts of this series, NRG Energy had the highest implied volatility among the utility stocks that make up XLU. Its high short interest could explain why it has high implied volatility. High short interest in a stock shows the market’s expectation of a large fall, which can cause a stock’s implied volatility to rise.

Consolidated Edison

Consolidated Edison’s (ED) short interest-to-equity float ratio is 3.6%. Its net debt-to-EBITDA ratio is 4.1x. Its stock has risen 8.4% in the last three months, while its short interest-to-equity float ratio has risen 1.1%.

In the last four quarters, Consolidated Edison’s revenue has risen 8.5% and its operating profit has risen 19.8%. Its operating profit margin is 20.5%.

Dominion Resources

Dominion Resources’ (D) short interest-to-equity float ratio is 3.4%. Its net debt-to-EBITDA ratio is 6.3x. In the last three months, the stock has risen 2.5%, while its short interest-to-equity float ratio has risen 20%. In the last four quarters, Dominion Resources’ revenue has risen 20.3%, while its operating profit has risen 28.4%. Its operating profit margin is 31.5%.

Ameren

Ameren’s (AEE) short interest-to-equity float ratio is 3.2%. Its net debt-to-EBITDA ratio is 3.5x. In the last three months, the stock has risen 5.5%, while its short interest-to-equity float ratio has risen 12.3%. In the last four quarters, Ameren’s revenue has risen 3.7% and its operating profit has risen 3.6%. Its operating profit margin is 22.7%.

X

Please select a profession that best describes you: