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 down 0.2%. By the end of trading, Molson Coors Brewing Company fell $0.57 (-1.1%) to $52.08 on average volume. Throughout the day, 1,151,443 shares of Molson Coors Brewing Company exchanged hands as compared to its average daily volume of 1,379,400 shares. The stock ranged in price between $51.85-$52.71 after having opened the day at $52.52 as compared to the previous trading day's close of $52.65. Other companies within the Food & Beverage industry that declined today were: Central European Distribution ( CEDC), down 28.5%, Tianli Agritech ( OINK), down 12.5%, Castle Brands Incorporated ( ROX), down 4.8% and American Lorain ( ALN), down 3.5%.
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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 $7.8 billion and is part of the consumer goods sector. The company has a P/E ratio of 20.5, above the S&P 500 P/E ratio of 17.7. Shares are up 23.1% year to date as of the close of trading on Friday.

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, largely solid financial position with reasonable debt levels by most measures, solid stock price performance and expanding profit margins. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, Chiquita Brands International ( CQB), down 10.9%, Coca-Cola Hellenic Bottling Company S.A ( CCH), down 6.0%, China Marine Food Group ( CMFO), down 5.2% and MGP Ingredients ( MGPI), down 3.8% , were all gainers within the food & beverage industry with Hain Celestial Group ( HAIN) 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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