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3 High-Performing Utilities Stocks

- By Alberto Abaterusso

These electric utilities companies have shown positive margins on the stock market over the past week, month, year and three years.

These stocks will probably continue heading higher, as Wall Street issued an overweight recommendation rating for all of them, meaning they are foreseen to outperform either the industry or the overall market within 52 weeks.


The Chilean distributor of electricity Enel Chile SA (ENIC) has climbed 0.24% over the last week, 4.1% over the past month, 11.2% so far this year, 10% over the last 52 weeks and 18.4% over the past three years through April 4.

Currently, the company is paying a 3.4-cent cash semi-annual dividend per common share which, based on the share price at close April 4, leads to a forward dividend yield of 1.3% versus an industry median of 3.53%. The company has paid dividends since its inception, which was in 2016.

The stock closed $5.22 per share on Thursday for a market capitalization of $7.4 billion. The stock has a price-earnings ratio of 12.62 versus an industry median of 16.12, a price-book ratio of 1.3 versus an industry median of 1.52 and a price-sales ratio of 1.79 compared to the industry median of 1.61. The enterprise value-to-Ebitda ratio is 5.76 versus the industry median of 10.53.

Enel Chile SA has a financial strength rating of 4 out of 10 and a profitability and growth rating of 6 out of 10.

The Peter Lynch chart suggests the stock is undervalued on the market.

Wall Street issued an average target price of $5.96 per share of Enel Chile SA.

Juno Beach, Florida-based contracted renewable energy projects company NextEra Energy Partners LP (NEP) has gained 2.4% over the last week, 5.7% over the past month, 11% year to date, 21% over the last 52 weeks and 83.7% over the past three years through April 4.

Currently, NextEra Energy Partners is paying a 45-cent cash quarterly dividend per common share which, based on the share price at close on April 4, leads to a forward dividend yield of 3.95% compared to the industry median of 4.11%. The company has paid dividends since 2014, the year when it was founded.

The stock traded around $47.77 per share on Thursday for a market capitalization of $2.68 billion. It has a price-earnings ratio of 17.04 versus the industry median of 16.09, a price-book ratio of 1.14 versus the industry median of 1.34 and a price-sales ratio of 4.33 versus the industry median of 2.06.

The enterprise value-Ebitda ratio is 11.66 versus the industry median of 10.63.

NextEra Energy Partners has a low financial strength rating of 4 out of 10, but a high profitability and growth rating of 7 out of 10, which results primarily from an Ebitda margin of 102% versus the industry median of 40%.

The Peter Lynch chart suggests the stock is not at its cheapest.

Wall Street issued an average price target of $49.2 per share of NextEra Energy Partners.

The Brazilian distributor of electricity Companhia Paranaense de Energia - COPEL (ELP) has gained 0.8% over the last week, 2.6% over the past month, 19.4% year to date, 21.1% over the last 12 months and 27.7% over the past three years through April 4.

Currently, Companhia Paranaense de Energia is paying a 30-cent cash yearly dividend per common share. Based on the share price of $9.35 at close Thursday, the distribution leads to a forward dividend yield of 3.23% compared to the industry median of 3.53%. Though erratically, the company has paid dividends since 1999. The company was founded in 1954.

The stock has a market capitalization of $2.56 billion. It has a price-earnings ratio of 6.77 versus the industry median of 16.12, a price-book ratio of 0.55 compared to the industry median of 1.52 and a price-sales ratio of 0.73 versus the industry median of 1.61.

The enterprise value-Ebitda ratio is 6.16 versus the industry median of 10.53.

Companhia Paranaense de Energia has a moderate score of 5 out of 10 for financial strength but a high score of 8 out of 10 for profitability and growth.

The Peter Lynch chart suggests the stock is undervalued.

Wall Street issued an average target price of $9.39 per share.

Disclosure: I have no positions in any securities mentioned.

This article first appeared on GuruFocus.