J.M. Smucker Co. (SJM): 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.

J.M. Smucker ( SJM) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole was unchanged today. By the end of trading, J.M. Smucker fell 89 cents (-1%) to $86.46 on light volume. Throughout the day, 223,708 shares of J.M. Smucker exchanged hands as compared to its average daily volume of 598,200 shares. The stock ranged in price between $86.34-$87.61 after having opened the day at $87.32 as compared to the previous trading day's close of $87.35. Other companies within the Food & Beverage industry that declined today were: Castle Brands Incorporated ( ROX), down 5.9%, Crumbs Bake Shop ( CRMB), down 5.3%, Synutra International ( SYUT), down 4%, and Annie's ( BNNY), down 3.7%.
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The J. M. Smucker Company engages in manufacturing and marketing branded food products primarily in the United States, Canada, and internationally. J.M. Smucker has a market cap of $9.49 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.2, above the S&P 500 P/E ratio of 17.7. Shares are up 11.7% year to date as of the close of trading on Tuesday. Currently there are five analysts that rate J.M. Smucker a buy, no analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates J.M. Smucker as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, solid stock price performance, growth in earnings per share, increase in net income and good cash flow from operations. 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, Central European Distribution ( CEDC), up 9.6%, Reeds ( REED), up 7.3%, Coca-Cola Hellenic Bottling Company S.A ( CCH), up 3.5%, and Central Garden & Pet Company ( CENT), up 3.5%, were all gainers within the food & beverage industry with Bunge ( BG) 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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