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.
Mondelez International (
MDLZ) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.1%. By the end of trading, Mondelez International fell 28 cents (-1%) to $27.76 on average volume. Throughout the day, 11.1 million shares of Mondelez International exchanged hands as compared to its average daily volume of 11.7 million shares. The stock ranged in price between $27.75-$28.10 after having opened the day at $27.80 as compared to the previous trading day's close of $28.04. Other companies within the Food & Beverage industry that declined today were:
China New Borun Corporation (
BORN), down 8.3%,
Castle Brands Incorporated (
ROX), down 6.6%,
John B. Sanfilippo & Son (
JBSS), down 3.6%, and
Central Garden & Pet Company (
CENTA), down 3.1%.
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Mondelez International, Inc., together with its subsidiaries, manufactures and markets packaged food products worldwide. Mondelez International has a market cap of $49.76 billion and is part of the consumer goods sector. The company has a P/E ratio of 15, below the S&P 500 P/E ratio of 17.7. Shares are up 10% year to date as of the close of trading on Thursday. Currently there are 17 analysts that rate Mondelez International a buy, one analyst rates it a sell, and five rate it a hold.
TheStreet Ratings rates Mondelez International as a
hold. The company's strengths can be seen in multiple areas, such as its reasonable valuation levels, expanding profit margins and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including a generally disappointing performance in the stock itself, unimpressive growth in net income and weak operating cash flow.
On the positive front,
Calavo Growers (
CVGW), up 4.2%,
Industrias Bachoco S.A.B. de C.V (
IBA), up 3.8%,
American Lorain (
ALN), up 3%, and
Dole Food (
DOLE), up 2.9%, were all gainers within the food & beverage industry with
SodaStream International (
SODA) 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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