Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.3%. By the end of trading, BRF fell $0.78 (-3.0%) to $25.44 on average volume. Throughout the day, 1,809,354 shares of BRF exchanged hands as compared to its average daily volume of 1,374,200 shares. The stock ranged in price between $25.43-$26.33 after having opened the day at $26.33 as compared to the previous trading day's close of $26.22. Other companies within the Food & Beverage industry that declined today were:
), down 8.5%,
), down 7.0%,
), down 6.9% and
), down 4.9%.
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BRF S.A., together with its subsidiaries, engages in raising, producing, and slaughtering poultry, pork, and beef in Brazil. The company is also involved in processing and selling fresh meat, processed products, milk and dairy products, pasta, frozen vegetables, and soybean derivatives. BRF has a market cap of $21.9 billion and is part of the consumer goods sector. Shares are up 18.9% year to date as of the close of trading on Thursday. Currently there are 2 analysts that rate BRF a buy, no analysts rate it a sell, and 2 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, compelling growth in net income, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and solid stock price performance. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full BRF Ratings Report.
On the positive front,
), up 9.7%,
), up 7.4%,
), up 6.0% and
), up 5.3%.
- 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.