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 up 0.3%. By the end of trading, Companhia de Bebidas das Americas Ambev fell $0.82 (-1.9%) to $41.50 on average volume. Throughout the day, 2,043,762 shares of Companhia de Bebidas das Americas Ambev exchanged hands as compared to its average daily volume of 2,317,100 shares. The stock ranged in price between $41.38-$42.45 after having opened the day at $42.35 as compared to the previous trading day's close of $42.32. Other companies within the Food & Beverage industry that declined today were:
), down 8.2%,
), down 4.7%,
Coca-Cola Hellenic Bottling Company S.A
), down 4.1% and
), down 3.8%.
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Companhia de Bebidas das Americas Ambev produces, distributes, and sells beer, draft beer, soft drinks, other non-alcoholic beverages, malt, and food in the Americas. It provides carbonated soft drinks, bottled water, isotonic beverages, energy drinks, and ready-to-drink teas. Companhia de Bebidas das Americas Ambev has a market cap of $133.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 103.6, above the S&P 500 P/E ratio of 17.7. Shares are up 0.8% year to date as of the close of trading on Tuesday. Currently there are 2 analysts that rate Companhia de Bebidas das Americas Ambev a buy, no analysts rate it a sell, and 3 rate it a hold.
TheStreet Ratings rates Companhia de Bebidas das Americas Ambev as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share, notable return on equity, expanding profit margins and good cash flow from operations. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.
- You can view the full Companhia de Bebidas das Americas Ambev Ratings Report.
On the positive front,
), down 119.0%,
), down 13.2%,
), down 6.2% and
), down 4.3% , 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.
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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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