) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 1.1%. By the end of trading, Mondelez International rose $0.43 (1.5%) to $29.15 on light volume. Throughout the day, 7,074,420 shares of Mondelez International exchanged hands as compared to its average daily volume of 11,398,200 shares. The stock ranged in a price between $28.89-$29.33 after having opened the day at $29.06 as compared to the previous trading day's close of $28.72. Other companies within the Food & Beverage industry that increased today were:
), up 5.6%,
), up 5.1%,
), up 4.3% and
), up 4.2%.
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Mondelez International, Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. Mondelez International has a market cap of $51.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 28.9, above the S&P 500 P/E ratio of 17.7. Shares are up 12.4% year to date as of the close of trading on Wednesday. Currently there are 12 analysts that rate Mondelez International a buy, 2 analysts rate it a sell, and 5 rate it a hold.
TheStreet Ratings rates Mondelez International as a
. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.
- You can view the full Mondelez International Ratings Report.
On the negative front,
), down 4.2%,
), down 3.8%,
), down 2.6% and
), down 2.3% , were all laggards within the food & beverage industry with
) being today's food & beverage industry laggard.
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) while those bearish on the food & beverage industry could consider
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