Tyson Foods Inc. (TSN): Today's Featured Food & Beverage Winner

Tyson Foods ( TSN) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.1%. By the end of trading, Tyson Foods rose $0.45 (1.8%) to $25.68 on average volume. Throughout the day, 3,908,447 shares of Tyson Foods exchanged hands as compared to its average daily volume of 4,097,300 shares. The stock ranged in a price between $25.07-$25.74 after having opened the day at $25.14 as compared to the previous trading day's close of $25.23. Other companies within the Food & Beverage industry that increased today were: Pilgrims Pride ( PPC), up 10.8%, MGP Ingredients ( MGPI), up 7.4%, S&W Seed Company ( SANW), up 5.8% and Leading Brands ( LBIX), up 5.1%.

Tyson Foods, Inc., together with its subsidiaries, engages in the production, distribution, and marketing of chicken, beef, pork, prepared foods, and related allied products worldwide. It operates in four segments: Chicken, Beef, Pork, and Prepared Foods. Tyson Foods has a market cap of $7.2 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 30.1% year to date as of the close of trading on Thursday. Currently there are 10 analysts that rate Tyson Foods a buy, 1 analyst rates it a sell, and 2 rate it a hold.

TheStreet Ratings rates Tyson Foods 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 and largely solid financial position with reasonable debt levels by most measures. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the negative front, Mondelez International ( MDLZ), down 32.9%, Golden ( GLDC), down 4.1%, Boulder Brands ( BDBD), down 3.8% and Tofutti Brands ( TOF), down 3.2% , were all laggards within the food & beverage industry with Molson Coors Brewing Company ( TAP) being today's food & beverage industry laggard.

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).

3x UPSIDE POTENTIAL: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12-months. Learn more.
null

If you liked this article you might like

Closing Bell - Bloodbath: LIVE MARKETS BLOG

Closing Bell - Bloodbath: LIVE MARKETS BLOG

What's Behind the Hound of Hades' Stock Market Rampage

What's Behind the Hound of Hades' Stock Market Rampage

10 Stocks That Are Ready to Change Direction

10 Stocks That Are Ready to Change Direction

Jim Cramer: The Surprising Stock Market Winners That Investors Are Chasing

Jim Cramer: The Surprising Stock Market Winners That Investors Are Chasing

Tyson Foods Is Worth Watching

Tyson Foods Is Worth Watching