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 down 0.3%. By the end of trading, Monster Beverage fell $0.84 (-1.5%) to $55.91 on light volume. Throughout the day, 1,083,009 shares of Monster Beverage exchanged hands as compared to its average daily volume of 2,219,700 shares. The stock ranged in price between $55.51-$56.50 after having opened the day at $56.38 as compared to the previous trading day's close of $56.75. Other companies within the Food & Beverage industry that declined today were:
), down 18.2%,
), down 4.8%,
), down 4.3% and
), down 4.2%.
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Monster Beverage Corporation, through its subsidiaries, develops, markets, sells, and distributes alternative beverage category beverages in the United States and internationally. Monster Beverage has a market cap of $9.4 billion and is part of the consumer goods sector. The company has a P/E ratio of 31.3, above the S&P 500 P/E ratio of 17.7. Shares are up 7.6% year to date as of the close of trading on Thursday. Currently there are 4 analysts that rate Monster Beverage a buy, 1 analyst rates it a sell, and 3 rate it a hold.
TheStreet Ratings rates Monster Beverage as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, largely solid financial position with reasonable debt levels by most measures, 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 lackluster performance in the stock itself.
- You can view the full Monster Beverage Ratings Report.
On the positive front,
), down 4.3%,
), down 4.1%,
), down 4.0% and
), down 3.0% , 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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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
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