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 0.1%. By the end of trading, Coca-Cola fell 49 cents (-1.3%) to $38.77 on heavy volume. Throughout the day, 13.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of seven million shares. The stock ranged in price between $38.69-$39.25 after having opened the day at $39.14 as compared to the previous trading day's close of $39.26. Other companies within the Food & Beverage industry that declined today were:
), down 5.7%,
), down 4.9%,
), down 4.4%, and
), down 3.9%.
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The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $179.09 billion and is part of the
sector. The company has a P/E ratio of 20.9, below the average food & beverage industry P/E ratio of 21.1 and above the S&P 500 P/E ratio of 17.7. Shares are up 13% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Coca-Cola a buy, no analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates Coca-Cola as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in stock price during the past year, good cash flow from operations, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full Coca-Cola Ratings Report.
On the positive front,
), up 7.9%,
), up 5.3%,
), up 4.8%, and
), up 4%, were all gainers within the food & beverage industry with
) being today's featured food & beverage industry leader.
- 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.