Read/Post Comments (0) | Recommended this article (0)
Please login to Zacks.com or register to post a comment.
- Latest News
- Most Popular
- How to Invest in QE's Twilight
- RTI: Fed Keeps QE Pace Unchanged
- ETFs on the Move After Bernanke's Press Conference
- Roundtable Top Picks of the Week
- FED Front & Center Again
- RTI: Sector Strength Charts - Where's the Opportunity Now?
- Surging Financial ETFs Beating the Market
- Utility Industry Stock Outlook - June 2013
- Your Next Stock Should Be Making New Highs
- AWS 6/19: Will Bernanke Clarify Matters Today?
- PFP 6/19: Investors Bold in Wake of the Fed
Recent Quotes
| No Recent Quote currently available |
My Portfolio
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
More Zacks Resources
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
Zacks #1 Stocks on the Move 06/19/2013
| Company Name | Symbol | %Change |
|---|---|---|
| SONIC FOUNDR | SOFO | 4.40% |
| SUPPORTCOM I | SPRT | 3.75% |
| UNISYS CORP | UIS | 3.31% |
| SHORETEL INC | SHOR | 3.22% |
| GREEN MOUNTA | GMCR | 3.13% |
Quick Links
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
Companhia Paranaense de Energia (ELP - Analyst Report), also known as COPEL was once again rated Neutral by us, anticipating an in-line performance with the market.
The Brazilian electric utility is engaged in the generation, transmission, and distribution of electricity in the State of Parana. It sources 99% of its electricity from hydroelectric resources. Besides its core business, COPEL derives roughly half of its revenue by providing telecommunications, natural gas, engineering, water, and sanitation services.
In the years ahead, growth prospects look bright for Copel as revival in the global economy is inducing growth in emerging markets like Brazil. With electricity demand ever soaring in the country, investments are being made to improve Brazil’s infrastructure and power generation capabilities. Also, hosting of two major sporting events in the near future will be an added electricity demand booster.
Besides, the company’s focus on improving its internal generation capacity and distribution network is expected to retain its position in the Brazilian electric utility sector. For 2012, the company has allocated R$2.26 billion for its capital investment plans –roughly 47.4% for generation and transmission, 48.9% for distribution and 3.7% for telecommunications.
On the flip side, higher operating expenses remain a major cause of concern in the near term. Expenses soared 15% in the first quarter 2012 as against 8.5% recorded in 2011. Moreover, being a state-owned company, Copel’s decisions are subject to political interference and unfavorable regulatory system. Also, the company faces stiff competition from its peers like Cia Energetica de Minas Gerais (CIG - Analyst Report) and Enersis S.A. (ENI - Snapshot Report).
The current Zacks Consensus Earnings Estimates for the fiscal years 2012 and 2013 are $2.33 and $3.04 per share, representing a year-over-year decline of 0.43% and growth of 30.47%, respectively.
The stock currently bears a Zacks #3 Rank, implying a short-term (1-3 months) Hold rating.
Get the full Analyst Report on ELP - FREE
Get the full Analyst Report on CIG - FREE
Get the full Snapshot Report on ENI - FREE