General Mills Inc. (GIS): 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

General Mills ( GIS) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 1.1%. By the end of trading, General Mills fell $0.76 (-1.6%) to $47.08 on heavy volume. Throughout the day, 6,526,660 shares of General Mills exchanged hands as compared to its average daily volume of 3,825,400 shares. The stock ranged in price between $47.08-$47.81 after having opened the day at $47.62 as compared to the previous trading day's close of $47.84. Other companies within the Food & Beverage industry that declined today were: Leading Brands ( LBIX), down 15.5%, Primo Water ( PRMW), down 5.7%, Cosan ( CZZ), down 4.0% and Boulder Brands ( SMBL), down 3.6%.
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General Mills, Inc. manufactures and markets branded consumer foods worldwide. The company also supplies branded and unbranded food products to the foodservice and commercial baking industries. General Mills has a market cap of $31.1 billion and is part of the consumer goods sector. The company has a P/E ratio of 17.6, equal to the S&P 500 P/E ratio of 17.7. The company has a P/E ratio of 17.6, below the S&P 500 P/E ratio of 17.7. Shares are up 18.4% year to date as of the close of trading on Thursday. Currently there are 11 analysts that rate General Mills a buy, no analysts rate it a sell, and 5 rate it a hold.

TheStreet Ratings rates General Mills as a buy. The company's strengths can be seen in multiple areas, such as its solid stock price performance, revenue growth, reasonable valuation levels, good cash flow from operations and notable return on equity. We feel these strengths outweigh the fact that the company has had generally high debt management risk by most measures that we evaluated.

On the positive front, Bridgford Foods Corporation ( BRID), down 8.5%, Tofutti Brands ( TOF), down 5.3%, MGP Ingredients ( MGPI), down 5.1% and Key Technology ( KTEC), down 3.7%.

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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