BRF - Brasil Foods SA (BRFS): Today's Featured Food & Beverage Winner

BRF - Brasil Foods ( BRFS) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 1.1%. By the end of trading, BRF - Brasil Foods rose 33 cents (1.9%) to $17.41 on average volume. Throughout the day, 1.7 million shares of BRF - Brasil Foods exchanged hands as compared to its average daily volume of 1.8 million shares. The stock ranged in a price between $17.27-$17.58 after having opened the day at $17.31 as compared to the previous trading day's close of $17.08. Other companies within the Food & Beverage industry that increased today were: Feihe International ( ADY), up 48.9%, Origin Agritech ( SEED), up 10.7%, Monster Beverage ( MNST), up 9%, and Primo Water ( PRMW), up 8.8%.

BRF - Brasil Foods S.A., together with its subsidiaries, engages in raising, producing, and slaughtering poultry, pork, and beef in Brazil and internationally. BRF - Brasil Foods has a market cap of $15.05 billion and is part of the consumer goods sector. The company has a P/E ratio of 35.3, above the average food & beverage industry P/E ratio of 26.1 and above the S&P 500 P/E ratio of 17.7. Shares are down 12.6% year to date as of the close of trading on Wednesday. Currently there are two analysts that rate BRF - Brasil Foods a buy, no analysts rate it a sell, and three rate it a hold.

TheStreet Ratings rates BRF - Brasil Foods as a buy. The company's strengths can be seen in multiple areas, such as its notable return on equity and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

On the negative front, Farmer Bros ( FARM), down 7.3%, Central European Distribution ( CEDC), down 4.5%, Crumbs Bake Shop ( CRMB), down 4.5%, and Castle Brands Incorporated ( ROX), down 3.3%, were all losers within the food & beverage industry with Constellation Brands ( STZ) being today's food & beverage industry loser.

For investors not wanting singular stock exposure, ETFs may be of interest. Investors who are bullish on the food & beverage industry could consider PowerShares Dynamic Food & Beverage ( PBJ) while those bearish on the food & beverage industry could consider PowerShares DB Agriculture Sht ETN ( ADZ).
null

If you liked this article you might like

Strong On High Relative Volume: BRF (BRFS)

Strong On High Relative Volume: BRF (BRFS)

Trade-Ideas: BRF (BRFS) Is Today's Strong On High Relative Volume Stock

Trade-Ideas: BRF (BRFS) Is Today's Strong On High Relative Volume Stock

BRF (BRFS): Today's Weak On High Volume Stock

BRF (BRFS): Today's Weak On High Volume Stock

BRF (BRFS) Is Today's Dead Cat Bounce Stock

BRF (BRFS) Is Today's Dead Cat Bounce Stock

3 Stocks With Upcoming Ex-Dividend Dates: IRET, RCII, BRFS

3 Stocks With Upcoming Ex-Dividend Dates: IRET, RCII, BRFS