Ingredion Inc (INGR): 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




) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Ingredion fell $1.36 (-2.1%) to $64.65 on heavy volume. Throughout the day, 722,311 shares of Ingredion exchanged hands as compared to its average daily volume of 452,900 shares. The stock ranged in price between $63.74-$66.22 after having opened the day at $66.15 as compared to the previous trading day's close of $66.01. Other companies within the Food & Beverage industry that declined today were:

Crumbs Bake Shop



), down 5.7%,

Green Mountain Coffee Roasters



), down 5.0%,

China Marine Food Group



), down 5.0% and

Coca-Cola Hellenic Bottling Company S.A



), down 4.5%.

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Ingredion Incorporated, together with its subsidiaries, manufactures and sells starch and sweetener ingredients in North America, South America, the Asia Pacific, Europe, the Middle East, and Africa. Ingredion has a market cap of $5.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 12.0, below the S&P 500 P/E ratio of 17.7. Shares are up 2.5% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Ingredion a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates


as a


. The company's strengths can be seen in multiple areas, such as its solid stock price performance, impressive record of earnings per share growth, revenue growth, largely solid financial position with reasonable debt levels by most measures and attractive valuation levels. We feel these strengths outweigh the fact that the company shows low profit margins.

On the positive front,

Willamette Valley Vineyards



), down 4.9%,

Gruma S.A.B. de C.V



), down 4.7%,

Lifeway Foods



), down 4.6% and

MGP Ingredients



), down 4.2% , were all gainers within the food & beverage industry with

Kellogg Company



) being today's featured food & beverage industry leader.

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



) while those bearish on the food & beverage industry could consider

PowerShares DB Agriculture Sht ETN




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