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
) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.2%. By the end of trading, BRF - Brasil Foods fell 35 cents (-2%) to $17.30 on average volume. Throughout the day, 2.6 million shares of BRF - Brasil Foods exchanged hands as compared to its average daily volume of 2.3 million shares. The stock ranged in price between $16.83-$17.32 after having opened the day at $16.97 as compared to the previous trading day's close of $17.65. Other companies within the Food & Beverage industry that declined today were:
), down 9.4%,
), down 4.1%,
), down 3.9%, and
), down 2.9%.
- ACTIVE STOCK TRADERS: Get full access to Jim Cramer's thoughts for less than $3/week - sometimes before he says them on TV! Start with a 14-Day Free Trial.
BRF - Brasil Foods S.A., together with its subsidiaries, engages in raising, producing, and slaughtering poultry, pork, and beef in Brazil and internationally. BRF - Brasil Foods has a market cap of $15.33 billion and is part of the
sector. The company has a P/E ratio of 36, below the average food & beverage industry P/E ratio of 59.2 and above the S&P 500 P/E ratio of 17.7. Shares are down 9.7% year to date as of the close of trading on Thursday. Currently there are two analysts that rate BRF - Brasil Foods a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates BRF - Brasil Foods as a
. The company's strengths can be seen in multiple areas, such as its good cash flow from operations and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, deteriorating net income and disappointing return on equity.
- You can view the full BRF - Brasil Ratings Report.
- Use our food & beverage section to find industry-relevant news.
- Or find some new ideas from our top rated stocks lists.
For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider
) while those bearish on the food & beverage industry could consider
PowerShares DB Agriculture Sht ETN
- Find other investment ideas from our top rated ETFs lists.
FREE from Real Money's Jim Cramer: Winners and Losers Election 2012 - Steps to take NOW so you can profit no matter who is in charge!
Free download now