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 Consumer Goods sector lower today making it today's featured Consumer Goods laggard. The sector as a whole closed the day up 1.1%. By the end of trading, Kellogg Company fell 58 cents (-1.1%) to $52.32 on heavy volume. Throughout the day, 3.8 million shares of Kellogg Company exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $52.23-$53 after having opened the day at $52.91 as compared to the previous trading day's close of $52.90. Other companies within the Consumer Goods sector that declined today were:
), down 9.6%,
), down 6.7%,
), down 5.6%, and
), down 5.5%.
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Kellogg Company, together with its subsidiaries, manufactures and markets ready-to-eat cereal and convenience food products primarily in North America, Europe, Latin America, and the Asia Pacific. Kellogg Company has a market cap of $18.92 billion and is part of the food & beverage industry. The company has a P/E ratio of 16.1, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 4.6% year to date as of the close of trading on Tuesday. Currently there are three analysts that rate Kellogg Company a buy, one analyst rates it a sell, and 16 rate it a hold.
TheStreet Ratings rates Kellogg Company as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, reasonable valuation levels, notable return on equity, good cash flow from operations and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.
- You can view the full Kellogg Ratings Report.
On the positive front,
), up 77.3%,
), up 38.7%,
), up 23.2%, and
), up 20.2%, were all gainers within the consumer goods sector with
) being today's featured consumer goods sector leader.
- Use our consumer goods section to find sector-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 consumer goods sector could consider
) while those bearish on the consumer goods sector could consider
- Find other investment ideas from our top rated ETFs lists.
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