Coca-Cola Co (KO): Today's Featured Food & Beverage Laggard - TheStreet

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

.

Coca-Cola

(

KO

) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.1%. By the end of trading, Coca-Cola fell 61 cents (-1.6%) to $38.03 on heavy volume. Throughout the day, 92.1 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 14.6 million shares. The stock ranged in price between $37.88-$38.74 after having opened the day at $38.73 as compared to the previous trading day's close of $38.64. Other companies within the Food & Beverage industry that declined today were:

Bridgford Foods Corporation

(

BRID

), down 19.4%,

John B. Sanfilippo & Son

(

JBSS

), down 4.1%,

Dean Foods Company

(

DF

), down 4.1%, and

Green Mountain Coffee Roasters

(

GMCR

), 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 $173.41 billion and is part of the

consumer goods

sector. The company has a P/E ratio of 20.4, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 10.1% year to date as of the close of trading on Thursday. 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

buy

. The company's strengths can be seen in multiple areas, such as its revenue growth, good cash flow from operations, increase in stock price during the past year, expanding profit margins and growth in earnings per share. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

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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