Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.
) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.8%. By the end of trading, Mead Johnson Nutrition Company fell $0.94 (-1.3%) to $70.67 on average volume. Throughout the day, 2,501,002 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1,905,600 shares. The stock ranged in price between $70.54-$71.74 after having opened the day at $71.57 as compared to the previous trading day's close of $71.61. Other companies within the Food & Beverage industry that declined today were:
), down 7.7%,
), down 5.5%,
), down 4.9% and
), down 4.4%.
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Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutrition, and other nutritional products. Mead Johnson Nutrition Company has a market cap of $14.7 billion and is part of the consumer goods sector. Shares are up 8.7% year to date as of the close of trading on Tuesday. Currently there are 3 analysts that rate Mead Johnson Nutrition Company a buy, no analysts rate it a sell, and 7 rate it a hold.
TheStreet Ratings rates
Mead Johnson Nutrition Company
. The company's strengths can be seen in multiple areas, such as its notable return on equity, expanding profit margins, good cash flow from operations, growth in earnings per share and revenue growth. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.
- You can view the full Mead Johnson Nutrition Company Ratings Report.
On the positive front,
), up 5.2%,
), up 4.0%,
), up 3.2% and
), up 2.1% , 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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) while those bearish on the food & beverage industry could consider
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