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 0.5%. By the end of trading, Coca-Cola fell $0.55 (-1.3%) to $42.15 on light volume. Throughout the day, 10,650,526 shares of Coca-Cola exchanged hands as compared to its average daily volume of 15,522,500 shares. The stock ranged in price between $42.10-$42.90 after having opened the day at $42.64 as compared to the previous trading day's close of $42.70. Other companies within the Food & Beverage industry that declined today were:
), down 7.1%,
), down 6.8%,
), down 5.3% and
), down 4.3%.
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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 $190.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 21.6, above the S&P 500 P/E ratio of 17.7. Shares are up 17.8% year to date as of the close of trading on Tuesday.
TheStreet Ratings rates Coca-Cola as a
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins and solid stock price performance. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Coca-Cola Ratings Report.
On the positive front,
), down 8.8%,
), down 6.2%,
), down 5.5% and
), down 4.8% , 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.
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