) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.2%. By the end of trading, Tyson Foods fell 17 cents (-1.1%) to $14.90 on average volume. Throughout the day, 3.6 million shares of Tyson Foods exchanged hands as compared to its average daily volume of 4.5 million shares. The stock ranged in price between $14.87-$15.03 after having opened the day at $15.02 as compared to the previous trading day's close of $15.07. Other company's within the Food & Beverage industry that declined today were:
), down 7.5%,
), down 6%,
), down 5%, and
), down 4.6%.
- ACTIVE STOCK TRADERS: Check out TheStreet's special offer for Real Money, headlined by Jim Cramer, now!
Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. Tyson Foods has a market cap of $4.34 billion and is part of the
sector. The company has a P/E ratio of nine, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are down 27% year to date as of the close of trading on Friday. Currently there are five analysts that rate Tyson Foods a buy, three analysts rate it a sell, and four rate it a hold.
TheStreet Ratings rates Tyson Foods as a
. The company's strengths can be seen in multiple areas, such as its revenue growth, increase in net income, attractive valuation levels, good cash flow from operations and growth in earnings per share. We feel these strengths outweigh the fact that the company shows low profit margins.
- You can view the full Tyson Ratings Report.
On the positive front,
), up 15.8%,
), up 10.2%,
), up 8.8%, and
), up 8.3%, 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.
- 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.