PepsiCo Inc (PEP): 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.

PepsiCo ( PEP) pushed the Food & Beverage industry lower today making it today's featured Food & Beverage laggard. The industry as a whole closed the day down 2.3%. By the end of trading, PepsiCo fell $1.78 (-2.2%) to $78.58 on average volume. Throughout the day, 6,562,013 shares of PepsiCo exchanged hands as compared to its average daily volume of 4,503,700 shares. The stock ranged in price between $78.52-$80.51 after having opened the day at $80.35 as compared to the previous trading day's close of $80.36. Other companies within the Food & Beverage industry that declined today were: China New Borun Corporation ( BORN), down 8.7%, Key Technology ( KTEC), down 7.9%, Origin Agritech ( SEED), down 7.6% and Adecoagro ( AGRO), down 6.7%.

PepsiCo, Inc. operates as a food and beverage company worldwide. PepsiCo has a market cap of $124.3 billion and is part of the consumer goods sector. The company has a P/E ratio of 19.0, above the S&P 500 P/E ratio of 17.7. Shares are down 3.1% year to date as of the close of trading on Friday. Currently there are 9 analysts that rate PepsiCo a buy, no analysts rate it a sell, and 4 rate it a hold.

TheStreet Ratings rates PepsiCo as a buy. The company's strengths can be seen in multiple areas, such as its revenue growth, notable return on equity, expanding profit margins, growth in earnings per share and reasonable valuation levels. 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, Tofutti Brands ( TOF), up 7.6%, Crumbs Bake Shop ( CRMB), up 4.5%, Willamette Valley Vineyards ( WVVI), up 3.9% and SkyPeople Fruit Juice ( SPU), up 3.2%.

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.

More from Markets

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

Global Stocks Rise on Tech Resurgence; Dollar Past 3-Month High Ahead of Q1 GDP

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

AMD Rises Above the Competition; Loan Losses Mount for Big Banks -- ICYMI

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

McKesson Internal Review Clears Senior Management of Wrongdoing on Opioids

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Starbucks Surprises Wall Street With U.S. Sales Up a Paltry 2%

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb

Dow Jumps 238 Points as S&P 500, Nasdaq Also Climb