) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day down 1.8%. By the end of trading, Coca-Cola fell 89 cents (-1.2%) to $74.67 on average volume. Throughout the day, 6.3 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 7.6 million shares. The stock ranged in price between $74.62-$75.99 after having opened the day at $75.79 as compared to the previous trading day's close of $75.56. Other company's within the Food & Beverage industry that declined today were:
), down 8.9%,
), down 8%,
), down 6.8%, and
), down 6.6%.
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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 $170.87 billion and is part of the
sector. The company has a P/E ratio of 20.1, 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 8.2% year to date as of the close of trading on Wednesday. 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, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. Although the company may harbor some minor weaknesses, we feel they are unlikely to have a significant impact on results.
- You can view the full Coca-Cola Ratings Report.
On the positive front,
), up 3.6%,
), up 2.9%,
), up 1.9%, and
), up 1.7%, 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.