Molson Coors Brewing Company (TAP): Today's Featured Food & Beverage Laggard

Editor's Note: TheStreet ratings do not represent the views of TheStreet's staff or its contributors. Ratings are established by computer based on metrics for performance (which includes growth, stock performance, efficiency and valuation) and risk (volatility and solvency). Companies with poor cash flow or high debt levels tend to earn lower ratings in our model.

Molson Coors Brewing Company ( TAP) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day up 0.3%. By the end of trading, Molson Coors Brewing Company fell $2.23 (-5%) to $42.82 on heavy volume. Throughout the day, 3.6 million shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1.1 million shares. The stock ranged in price between $42.65-$44.84 after having opened the day at $44.69 as compared to the previous trading day's close of $45.05. Other companies within the Food & Beverage industry that declined today were: Tofutti Brands ( TOF), down 10.6%, Bridgford Foods Corporation ( BRID), down 6.7%, SodaStream International ( SODA), down 5.5%, and Key Technology ( KTEC), down 3.9%.
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Molson Coors Brewing Company manufactures and sells beer and other beverage products. Molson Coors Brewing Company has a market cap of $7.08 billion and is part of the consumer goods sector. The company has a P/E ratio of 15.1, above the average food & beverage industry P/E ratio of 15 and below the S&P 500 P/E ratio of 17.7. Shares are up 4.2% year to date as of the close of trading on Friday. Currently there are no analysts that rate Molson Coors Brewing Company a buy, one analyst rates it a sell, and five rate it a hold.

TheStreet Ratings rates Molson Coors Brewing Company as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, attractive valuation levels, good cash flow from operations, largely solid financial position with reasonable debt levels by most measures and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Tianli Agritech ( OINK), up 12.2%, S&W Seed Company ( SANW), up 10.2%, Agria Corporation ( GRO), up 5%, and Tyson Foods ( TSN), up 4.3%, were all gainers within the food & beverage industry with Archer-Daniels Midland Company ( ADM) being today's featured food & beverage industry leader.

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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