) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day up 0.7%. By the end of trading, Monster Beverage fell $1.13 (-1.5%) to $73.61 on heavy volume. Throughout the day, 3.4 million shares of Monster Beverage exchanged hands as compared to its average daily volume of 1.9 million shares. The stock ranged in price between $73.19-$76.40 after having opened the day at $76.40 as compared to the previous trading day's close of $74.74. Other company's within the Food & Beverage industry that declined today were:
), down 6.4%,
), down 5.9%,
), down 5.3%, and
), down 4.1%.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
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 $13.27 billion and is part of the
sector. The company has a P/E ratio of 45.6, below the average food & beverage industry P/E ratio of 45.8 and above the S&P 500 P/E ratio of 17.7. Shares are up 62.2% year to date as of the close of trading on Thursday. Currently there are four analysts that rate Monster Beverage a buy, one analyst rates it a sell, and three rate it a hold.
TheStreet Ratings rates Monster Beverage as a
. The company's strengths can be seen in multiple areas, such as its robust revenue growth, largely solid financial position with reasonable debt levels by most measures, notable return on equity, impressive record of earnings per share growth and compelling growth in net income. We feel these strengths outweigh the fact that the company is trading at a premium valuation based on our review of its current price compared to such things as earnings and book value.
- You can view the full Monster Beverage Ratings Report.
On the positive front,
), up 7.4%,
), up 6.8%,
), up 6.1%, and
), up 5%, 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.