Campbell Soup Co (CPB): Today's Featured Food & Beverage Laggard

Editor's Note: Any reference to TheStreet Ratings and its underlying recommendation does not reflect the opinion of TheStreet, Inc. or any of its contributors including Jim Cramer or Stephanie Link.

Campbell Soup ( CPB) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 0.4%. By the end of trading, Campbell Soup fell $0.57 (-1.4%) to $38.80 on heavy volume. Throughout the day, 2,975,685 shares of Campbell Soup exchanged hands as compared to its average daily volume of 1,820,500 shares. The stock ranged in price between $38.68-$39.23 after having opened the day at $39.08 as compared to the previous trading day's close of $39.37. Other companies within the Food & Beverage industry that declined today were: China New Borun Corporation ( BORN), down 10.7%, Hain Celestial Group ( HAIN), down 4.6%, Agria Corporation ( GRO), down 3.8% and Tianli Agritech ( OINK), down 3.4%.

Campbell Soup Company, together with its subsidiaries, manufactures and markets branded convenience food products. It operates through U.S. Simple Meals; Global Baking and Snacking; International Simple Meals and Beverages; U.S. Beverages; and Bolthouse and Foodservice segments. Campbell Soup has a market cap of $12.2 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.5, above the S&P 500 P/E ratio of 17.7. Shares are up 11.5% year to date as of the close of trading on Friday. Currently there is 1 analyst that rates Campbell Soup a buy, 3 analysts rate it a sell, and 10 rate it a hold.

TheStreet Ratings rates Campbell Soup as a buy. The company's strengths can be seen in multiple areas, such as its expanding profit margins, notable return on equity and increase in stock price during the past year. We feel these strengths outweigh the fact that the company has had sub par growth in net income.

On the positive front, S&W Seed Company ( SANW), up 7.1%, Omega Protein Corporation ( OME), up 3.3%, National Beverage Corporation ( FIZZ), up 3.1% and Central Garden & Pet Company ( CENT), up 2.9%.

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).

STOCKS TO BUY: 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

Watch Out For the Dominoes That Fall: Cramer's 'Mad Money' Recap (Wed 9/20/17)

Cramer: Dominoes Are in Play Today

Goldman Sachs Could Be Another Negative Tell; Takeaways: Doug Kass' Views

We're Still Not Warming Up to Campbell Soup

Walmart Is One of 63 Companies Contributing Massively to Aid Harvey Relief