Coca-Cola Co (KO): Today's Featured Food & Beverage Loser

Coca-Cola ( KO) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day down 0.5%. By the end of trading, Coca-Cola fell 52 cents (-0.7%) to $77.46 on average volume. Throughout the day, 6.6 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 7.2 million shares. The stock ranged in price between $77.15-$77.95 after having opened the day at $77.90 as compared to the previous trading day's close of $77.98. Other company's within the Food & Beverage industry that declined today were: Origin Agritech ( SEED), down 12.9%, Coca-Cola Femsa S.A.B. de C.V ( KOF), down 8.1%, Dean Foods Company ( DF), down 6.6%, and Pilgrims Pride ( PPC), down 5.2%.

The Coca-Cola Company, a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Coca-Cola has a market cap of $175.92 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.8, equal to the average food & beverage industry P/E ratio and above the S&P 500 P/E ratio of 17.7. Shares are up 11.4% year to date as of the close of trading on Tuesday. Currently there are 12 analysts that rate Coca-Cola a buy, no analysts rate it a sell, and four rate it a hold.

TheStreet Ratings rates Coca-Cola as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, good cash flow from operations, growth in earnings per share and increase in net income. Although no company is perfect, currently we do not see any significant weaknesses which are likely to detract from the generally positive outlook.

On the positive front, Zhongpin ( HOGS), up 7.5%, Synutra International ( SYUT), up 5.4%, Tianli Agritech ( OINK), up 5.4%, and Reeds ( REED), up 5.1%, were all gainers within the food & beverage industry with Kellogg Company ( K) being today's featured food & beverage industry winner.

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

More from Markets

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

FTC Chair Says Agency Is Ready to Take on Big Tech; Walgreens Joins Dow -- ICYMI

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Dow Gets Swept Into Nasty Reversal Even as Nasdaq Posts New Record

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

Zoom CEO Eric Yuan Leads Glassdoor's List of Top 100 CEOs

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

REPLAY: Jim Cramer on Fed Rate Hikes, Oil Prices and Starbucks Worries

3 Must Reads on the Market From TheStreet's Top Columnists

3 Must Reads on the Market From TheStreet's Top Columnists