) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day down 0.3%. By the end of trading, BRF - Brasil Foods fell 27 cents (-1.7%) to $15.86 on average volume. Throughout the day, 2.7 million shares of BRF - Brasil Foods exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in price between $15.76-$16.19 after having opened the day at $16.19 as compared to the previous trading day's close of $16.13. Other company's within the Food & Beverage industry that declined today were:
), down 7.8%,
), down 5.8%,
), down 5.1%, and
), down 4.8%.
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 $14.31 billion and is part of the
sector. The company has a P/E ratio of 32.9, above the average food & beverage industry P/E ratio of 24.8 and above the S&P 500 P/E ratio of 17.7. Shares are down 17.5% year to date as of the close of trading on Monday. Currently there are two analysts that rate BRF - Brasil Foods a buy, no analysts rate it a sell, and three 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. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full BRF - Brasil Ratings Report.
On the positive front,
), up 7.1%,
), up 5.9%,
), up 4.1%, and
), up 3.9%, were all gainers within the food & beverage industry with
) being today's featured food & beverage industry winner.
- 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.