3 Stocks Boosting The Food & Beverage Industry Higher

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.

All three major indices traded up today with the Dow Jones Industrial Average ( ^DJI) trading up 62 points (0.4%) at 17,114 as of Tuesday, July 22, 2014, 3:55 PM ET. The NYSE advances/declines ratio sits at 2,161 issues advancing vs. 822 declining with 149 unchanged.

The Food & Beverage industry as a whole closed the day up 0.6% versus the S&P 500, which was up 0.5%. Top gainers within the Food & Beverage industry included Crystal Rock Holdings ( CRVP), up 1.7%, SkyPeople Fruit Juice ( SPU), up 3.0%, Concha y Toro Winery ( VCO), up 1.5%, MGP Ingredients ( MGPI), up 2.1% and Origin Agritech ( SEED), up 1.8%.

TheStreet Ratings Group would like to highlight 3 stocks pushing the industry higher today:

MGP Ingredients ( MGPI) is one of the companies that pushed the Food & Beverage industry higher today. MGP Ingredients was up $0.16 (2.1%) to $7.75 on light volume. Throughout the day, 25,088 shares of MGP Ingredients exchanged hands as compared to its average daily volume of 37,800 shares. The stock ranged in a price between $7.61-$7.88 after having opened the day at $7.61 as compared to the previous trading day's close of $7.59.

MGP Ingredients, Inc. produces and sells distillery and ingredients products to the packaged goods industry in the United States, Japan, and Canada. Its Distillery Products segment primarily offers food grade alcohol, fuel grade alcohol, and distillers feed. MGP Ingredients has a market cap of $136.9 million and is part of the consumer goods sector. Shares are up 46.2% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate MGP Ingredients a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates MGP Ingredients as a hold. The company's strengths can be seen in multiple areas, such as its solid stock price performance, increase in net income and largely solid financial position with reasonable debt levels by most measures. However, as a counter to these strengths, we also find weaknesses including disappointing return on equity, weak operating cash flow and poor profit margins.

Highlights from TheStreet Ratings analysis on MGPI go as follows:

  • This stock has managed to rise its share value by 34.93% over the past twelve months. Regarding the stock's future course, our hold rating indicates that we do not recommend additional investment in this stock despite its gains in the past year.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Beverages industry. The net income increased by 248.3% when compared to the same quarter one year prior, rising from $1.37 million to $4.79 million.
  • MGPI, with its decline in revenue, underperformed when compared the industry average of 2.9%. Since the same quarter one year prior, revenues slightly dropped by 8.6%. The declining revenue has not hurt the company's bottom line, with increasing earnings per share.
  • Net operating cash flow has significantly decreased to -$0.64 million or 125.13% when compared to the same quarter last year. In addition, when comparing to the industry average, the firm's growth rate is much lower.
  • The company's current return on equity has slightly decreased from the same quarter one year prior. This implies a minor weakness in the organization. Compared to other companies in the Beverages industry and the overall market, MGP INGREDIENTS INC's return on equity significantly trails that of both the industry average and the S&P 500.

You can view the full analysis from the report here: MGP Ingredients Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

At the close, Concha y Toro Winery ( VCO) was up $0.59 (1.5%) to $39.75 on light volume. Throughout the day, 599 shares of Concha y Toro Winery exchanged hands as compared to its average daily volume of 3,100 shares. The stock ranged in a price between $39.64-$39.75 after having opened the day at $39.64 as compared to the previous trading day's close of $39.16.

Vina Concha y Toro S.A. operates as a wine producing and exporting company in Chile. Concha y Toro Winery has a market cap of $1.5 billion and is part of the consumer goods sector. Shares are up 5.1% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate Concha y Toro Winery a buy, no analysts rate it a sell, and none rate it a hold.

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

TheStreet Ratings rates Concha y Toro Winery as a hold. The company's strengths can be seen in multiple areas, such as its revenue growth, growth in earnings per share and increase in net income. However, as a counter to these strengths, we find that the stock has experienced relatively poor performance when compared with the S&P 500 during the past year.

Highlights from TheStreet Ratings analysis on VCO go as follows:

  • VCO's revenue growth has slightly outpaced the industry average of 2.9%. Since the same quarter one year prior, revenues slightly increased by 7.8%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • VINA CONCHA Y TORO SA has improved earnings per share by 43.3% in the most recent quarter compared to the same quarter a year ago. The company has demonstrated a pattern of positive earnings per share growth over the past year. We feel that this trend should continue. This trend suggests that the performance of the business is improving. During the past fiscal year, VINA CONCHA Y TORO SA increased its bottom line by earning $1.69 versus $1.67 in the prior year. This year, the market expects an improvement in earnings ($2.11 versus $1.69).
  • The current debt-to-equity ratio, 0.53, is low and is below the industry average, implying that there has been successful management of debt levels. Although the company had a strong debt-to-equity ratio, its quick ratio of 0.91 is somewhat weak and could be cause for future problems.
  • The return on equity has improved slightly when compared to the same quarter one year prior. This can be construed as a modest strength in the organization. When compared to other companies in the Beverages industry and the overall market, VINA CONCHA Y TORO SA's return on equity is below that of both the industry average and the S&P 500.
  • In its most recent trading session, VCO has closed at a price level that was not very different from its closing price of one year earlier. This is probably due to its weak earnings growth as well as other mixed factors. Looking ahead, the stock's rise over the last year has already helped drive it to a level which is relatively expensive compared to the rest of its industry, implying reduced upside potential.

You can view the full analysis from the report here: Concha y Toro Winery Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

SkyPeople Fruit Juice ( SPU) was another company that pushed the Food & Beverage industry higher today. SkyPeople Fruit Juice was up $0.04 (3.0%) to $1.37 on average volume. Throughout the day, 30,288 shares of SkyPeople Fruit Juice exchanged hands as compared to its average daily volume of 23,100 shares. The stock ranged in a price between $1.33-$1.38 after having opened the day at $1.33 as compared to the previous trading day's close of $1.33.

SkyPeople Fruit Juice, Inc., through its subsidiaries, produces and sells fruit juice concentrates, fruit beverages, and other fruit-related products in the People's Republic of China and internationally. SkyPeople Fruit Juice has a market cap of $35.2 million and is part of the consumer goods sector. Shares are down 24.0% year-to-date as of the close of trading on Monday. Currently there are no analysts who rate SkyPeople Fruit Juice a buy, no analysts rate it a sell, and none rate it a hold.

TheStreet Ratings rates SkyPeople Fruit Juice as a hold. The company's strengths can be seen in multiple areas, such as its largely solid financial position with reasonable debt levels by most measures, attractive valuation levels and good cash flow from operations. However, as a counter to these strengths, we also find weaknesses including feeble growth in the company's earnings per share, deteriorating net income and disappointing return on equity.

Highlights from TheStreet Ratings analysis on SPU go as follows:

  • SPU's debt-to-equity ratio is very low at 0.25 and is currently below that of the industry average, implying that there has been very successful management of debt levels. To add to this, SPU has a quick ratio of 2.40, which demonstrates the ability of the company to cover short-term liquidity needs.
  • 39.15% is the gross profit margin for SKYPEOPLE FRUIT JUICE INC which we consider to be strong. It has increased from the same quarter the previous year. Regardless of the strong results of the gross profit margin, the net profit margin of 4.27% trails the industry average.
  • The company, on the basis of change in net income from the same quarter one year ago, has significantly underperformed when compared to that of the S&P 500 and the Food Products industry. The net income has significantly decreased by 86.8% when compared to the same quarter one year ago, falling from $3.82 million to $0.50 million.
  • Current return on equity is lower than its ROE from the same quarter one year prior. This is a clear sign of weakness within the company. In comparison to the other companies in the Food Products industry and the overall market, SKYPEOPLE FRUIT JUICE INC's return on equity is significantly below that of the industry average and is below that of the S&P 500.

You can view the full analysis from the report here: SkyPeople Fruit Juice Ratings Report

STOCKS TO BUY: TheStreet Quant Ratings has identified a handful of stocks that can potentially TRIPLE in the next 12 months. Learn more.

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.

More from Markets

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Week Ahead: Trade Fears and Stress Tests Signal More Volatility To Come

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Trump Takes Aim at Auto Imports; Markets End Mixed -- ICYMI

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

Video: What Oprah's Content Partnership With Apple Means for the Rest of Tech

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

REPLAY: Jim Cramer on the Markets, Oil, Starbucks, Tesla, Okta and Red Hat

Flashback Friday: The Market Movers

Flashback Friday: The Market Movers