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Companhia De Bebidas Das Americas Ambev (ABV): Today's Featured Food & Beverage Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Companhia de Bebidas das Americas Ambev ( ABV) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 1.2%. By the end of trading, Companhia de Bebidas das Americas Ambev fell 58 cents (-1.4%) to $39.99 on average volume. Throughout the day, two million shares of Companhia de Bebidas das Americas Ambev exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $39.72-$40.76 after having opened the day at $40.61 as compared to the previous trading day's close of $40.57. Other companies within the Food & Beverage industry that declined today were: Central European Distribution ( CEDC), down 15%, Smart Balance ( SMBL), down 13.4%, Craft Brew Alliance ( BREW), down 11%, and Griffin Land & Nurseries ( GRIF), down 8.7%.

  • EXCLUSIVE OFFER: Jim Cramer's Protégé, Dave Peltier, only buys Stocks Under $10 that he thinks could potentially double. See what he's trading today with a 14-day FREE pass.

Companhia de Bebidas das Americas Ambev engages in the production, distribution, and sale of beer, draft beer, carbonated soft drinks, malt, and other non-alcoholic and non-carbonated products in the Americas. It also sells bottled water, isotonics, and ready-to-drink teas. Companhia de Bebidas das Americas Ambev has a market cap of $127.89 billion and is part of the consumer goods sector. The company has a P/E ratio of 103.6, above the S&P 500 P/E ratio of 17.7. Shares are up 13.4% year to date as of the close of trading on Wednesday. Currently there are three analysts that rate Companhia de Bebidas das Americas Ambev a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates Companhia de Bebidas das Americas Ambev as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, increase in net income, notable return on equity and expanding profit margins. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).

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