Coca-Cola Enterprises Inc (CCE): Today's Featured Food & Beverage Loser

Coca-Cola ( CCE) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage loser. The industry as a whole closed the day down 0.2%. By the end of trading, Coca-Cola fell 29 cents (-1.1%) to $26.96 on average volume. Throughout the day, 3.8 million shares of Coca-Cola exchanged hands as compared to its average daily volume of 3.1 million shares. The stock ranged in price between $26.54-$27.24 after having opened the day at $27.15 as compared to the previous trading day's close of $27.25. Other company's within the Food & Beverage industry that declined today were: Tofutti Brands ( TOF), down 8.2%, Teavana Holdings ( TEA), down 6.6%, Pilgrims Pride ( PPC), down 6.6%, and Sanderson Farms ( SAFM), down 5.2%.

Coca-Cola Enterprises, Inc. produces, distributes, and markets nonalcoholic beverages. It provides still and sparkling waters, juices, sports drinks, juice drinks, coffee-based beverages, and teas. Coca-Cola Enterprises, Inc. Coca-Cola has a market cap of $8.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 11.7, equal to the average food & beverage industry P/E ratio and below the S&P 500 P/E ratio of 17.7. Shares are up 6% year to date as of the close of trading on Monday. Currently there are six analysts that rate Coca-Cola a buy, no analysts rate it a sell, and six 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, notable return on equity, reasonable valuation levels, growth in earnings per share and expanding profit margins. We feel these strengths outweigh the fact that the company has had generally poor debt management on most measures that we evaluated.

On the positive front, Adecoagro ( AGRO), up 4.4%, Cresud ( CRESY), up 3.7%, Bachoco Industries ( IBA), up 3.6%, and Gruma S.A.B. de C.V ( GMK), up 3.6%, were all gainers within the food & beverage industry with Kraft Foods ( KFT) 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).

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