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.Whitewave Foods Company ( WWAV) pushed the Food & Beverage industry higher today making it today's featured food & beverage winner. The industry as a whole closed the day up 0.2%. By the end of trading, Whitewave Foods Company rose $0.38 (1.4%) to $27.69 on light volume. Throughout the day, 942,984 shares of Whitewave Foods Company exchanged hands as compared to its average daily volume of 1,741,800 shares. The stock ranged in a price between $27.12-$27.75 after having opened the day at $27.20 as compared to the previous trading day's close of $27.31. Other companies within the Food & Beverage industry that increased today were: Crumbs Bake Shop ( CRMB), up 5.8%, Ingredion ( INGR), up 5.0%, Tianli Agritech ( OINK), up 4.5% and Tofutti Brands ( TOF), up 4.2%.
The WhiteWave Foods Company, a consumer packaged food and beverage company, manufactures, markets, distributes, and sells branded plant-based foods and beverages, coffee creamers and beverages, dairy, and organic greens and produce products in North America and Europe. Whitewave Foods Company has a market cap of $4.7 billion and is part of the consumer goods sector. The company has a P/E ratio of 52.0, above the S&P 500 P/E ratio of 17.7. Shares are up 18.3% year to date as of the close of trading on Tuesday. Currently there are 8 analysts that rate Whitewave Foods Company a buy, no analysts rate it a sell, and 2 rate it a hold. TheStreet Ratings rates Whitewave Foods Company as a hold. 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 and notable return on equity. However, as a counter to these strengths, we also find weaknesses including unimpressive growth in net income and weak operating cash flow.