3 Stocks Pushing The Food & Beverage Industry Lower

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.

The Food & Beverage industry as a whole closed the day down 0.8% versus the S&P 500, which was down 0.9%. Laggards within the Food & Beverage industry included BRASILAGRO - CIA Bras de Prop Agricolas ( LND), down 2.0%, SkyPeople Fruit Juice ( SPU), down 3.8%, Willamette Valley Vineyards ( WVVI), down 3.8%, Agria ( GRO), down 5.1% and Aoxin Tianli Group ( ABAC), down 8.5%.

TheStreet Ratings Group would like to highlight 3 stocks that pushed the industry lower today:

B&G Foods ( BGS) is one of the companies that pushed the Food & Beverage industry lower today. B&G Foods was down $0.79 (2.7%) to $28.01 on light volume. Throughout the day, 234,163 shares of B&G Foods exchanged hands as compared to its average daily volume of 344,000 shares. The stock ranged in price between $27.93-$28.72 after having opened the day at $28.70 as compared to the previous trading day's close of $28.80.

B&G Foods, Inc. manufactures, sells, and distributes shelf-stable food and household products in the United States, Canada, and Puerto Rico. B&G Foods has a market cap of $1.5 billion and is part of the consumer goods sector. Shares are down 15.1% year-to-date as of the close of trading on Monday. Currently there is 1 analyst who rates B&G Foods a buy, no analysts rate it a sell, and 2 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 B&G Foods as a buy. The company's strengths can be seen in multiple areas, such as its robust revenue growth, compelling growth in net income, impressive record of earnings per share growth and notable return on equity. We feel these strengths outweigh the fact that the company has had lackluster performance in the stock itself.

Highlights from TheStreet Ratings analysis on BGS go as follows:

  • The revenue growth came in higher than the industry average of 4.1%. Since the same quarter one year prior, revenues rose by 26.1%. Growth in the company's revenue appears to have helped boost the earnings per share.
  • The net income growth from the same quarter one year ago has significantly exceeded that of the S&P 500 and the Food Products industry. The net income increased by 1226.2% when compared to the same quarter one year prior, rising from -$1.43 million to $16.14 million.
  • Current return on equity exceeded its ROE from the same quarter one year prior. This is a clear sign of strength within the company. Compared to other companies in the Food Products industry and the overall market on the basis of return on equity, B&G FOODS INC has underperformed in comparison with the industry average, but has exceeded that of the S&P 500.
  • B&G FOODS INC reported significant earnings per share improvement in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, B&G FOODS INC reported lower earnings of $0.98 versus $1.21 in the prior year. This year, the market expects an improvement in earnings ($1.57 versus $0.98).
  • BGS has underperformed the S&P 500 Index, declining 19.44% from its price level of one year ago. Despite the decline in its share price over the last year, this stock is still more expensive (when compared to its current earnings) than most other companies in its industry. We feel, however, that other strengths this company displays compensate for this.

You can view the full analysis from the report here: B&G Foods 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, Agria ( GRO) was down $0.07 (5.1%) to $1.31 on heavy volume. Throughout the day, 59,211 shares of Agria exchanged hands as compared to its average daily volume of 30,500 shares. The stock ranged in price between $1.29-$1.41 after having opened the day at $1.38 as compared to the previous trading day's close of $1.38.

Agria has a market cap of $78.1 million and is part of the consumer goods sector. Shares are down 6.1% year-to-date as of the close of trading on Monday.

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

Highlights from TheStreet Ratings analysis on GRO go as follows:

You can view the full analysis from the report here: Agria 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 lower today. SkyPeople Fruit Juice was down $0.05 (3.8%) to $1.30 on average volume. Throughout the day, 28,374 shares of SkyPeople Fruit Juice exchanged hands as compared to its average daily volume of 29,800 shares. The stock ranged in price between $1.27-$1.32 after having opened the day at $1.31 as compared to the previous trading day's close of $1.35.

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 $36.4 million and is part of the consumer goods sector. Shares are down 22.8% year-to-date as of the close of trading on Monday.

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 expanding profit margins. 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.

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

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.
  • Net operating cash flow has increased to $14.87 million or 12.68% when compared to the same quarter last year. Despite an increase in cash flow, SKYPEOPLE FRUIT JUICE INC's cash flow growth rate is still lower than the industry average growth rate of 37.36%.
  • 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.

More from Markets

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

Global Stocks Rally as US-China Trade War Thaws; Dow Could Test 25,000

GE Confirms $11.1 Billion Transportation Merger With Wabtec

GE Confirms $11.1 Billion Transportation Merger With Wabtec

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

China Trade Truce, General Electric and Tesla - 5 Things You Must Know

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

GE Shares Gain Amid Reports of $20 Billion Wabtec Deal

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)

Listen: Here's What You Need To Know About ETFs Today (Hint: They're on Fire!)