) 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%. By the end of trading, Mead Johnson Nutrition Company fell $1.55 (-2.1%) to $71.85 on light volume. Throughout the day, 976,823 shares of Mead Johnson Nutrition Company exchanged hands as compared to its average daily volume of 1.7 million shares. The stock ranged in price between $71.75-$72.98 after having opened the day at $72.35 as compared to the previous trading day's close of $73.40. Other company's within the Food & Beverage industry that declined today were:
), down 8.5%,
), down 8.4%,
), down 7.6%, and
), down 7.1%.
Mead Johnson Nutrition Company manufactures, distributes, and sells infant formulas, children's nutritional products, and other nutritional products in Asia, Europe, Latin America, and North America. Mead Johnson Nutrition Company has a market cap of $14.6 billion and is part of the
sector. The company has a P/E ratio of 30.6, 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 16.9% year to date as of the close of trading on Friday.
TheStreet Ratings rates Mead Johnson Nutrition as a
. The area that we feel has been the company's primary weakness has been its poor profit margins.
- You can view the full Mead Johnson Nutrition Ratings Report.
On the positive front,
), up 20.4%,
), up 8.3%,
), up 6.7%, and
), up 6.7%, 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.