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 up 0.7%. By the end of trading, PepsiCo fell $0.98 (-1.1%) to $84.39 on average volume. Throughout the day, 4,328,238 shares of PepsiCo exchanged hands as compared to its average daily volume of 4,548,400 shares. The stock ranged in price between $84.38-$85.75 after having opened the day at $85.40 as compared to the previous trading day's close of $85.37. Other companies within the Food & Beverage industry that declined today were:
), down 8.9%,
), down 7.7%,
), down 6.2% and
), down 5.1%.
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PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $131.5 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.1, above the S&P 500 P/E ratio of 17.7. Shares are up 25.3% year to date as of the close of trading on Monday. Currently there are 10 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.
TheStreet Ratings rates
. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, growth in earnings per share and reasonable valuation levels. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.
- You can view the full PepsiCo Ratings Report.
On the positive front,
), up 6.0%,
), up 5.9%,
), up 5.4% and
), up 4.2% , 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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