) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day up 1.2%. By the end of trading, Sanderson Farms fell $1.65 (-3%) to $52.66 on heavy volume. Throughout the day, 564,920 shares of Sanderson Farms exchanged hands as compared to its average daily volume of 218,700 shares. The stock ranged in price between $50.88-$55.87 after having opened the day at $55 as compared to the previous trading day's close of $54.31. Other company's within the Food & Beverage industry that declined today were:
), down 4%,
), down 3.3%,
), down 3.2%, and
), down 2.1%.
Sanderson Farms, Inc., an integrated poultry processing company, engages in the production, processing, marketing, and distribution of fresh, frozen, and prepared chicken products in the United States. Sanderson Farms has a market cap of $1.21 billion and is part of the
sector. Shares are up 8.3% year to date as of the close of trading on Friday. Currently there are no analysts that rate Sanderson Farms a buy, one analyst rates it a sell, and six rate it a hold.
TheStreet Ratings rates Sanderson Farms as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance and increase in net income. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity and poor profit margins.
- You can view the full Sanderson Farms Ratings Report.
On the positive front,
), up 14.7%,
), up 8.4%,
), up 7.4%, and
), up 6.9%, 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.