Shares of PepsiCo, Inc. (NASDAQ:PEP – Get Free Report) have been assigned a consensus rating of “Hold” from the sixteen analysts that are presently covering the stock, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, ten have given a hold rating and five have issued a buy rating on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $183.92.
PEP has been the topic of a number of recent analyst reports. DZ Bank lowered shares of PepsiCo from a “buy” rating to a “hold” rating and set a $183.00 price target on the stock. in a research report on Friday, July 19th. TD Cowen lowered shares of PepsiCo from a “buy” rating to a “hold” rating and cut their target price for the stock from $190.00 to $183.00 in a report on Thursday, October 10th. JPMorgan Chase & Co. cut their price target on PepsiCo from $185.00 to $183.00 and set a “neutral” rating on the stock in a report on Wednesday, October 9th. StockNews.com lowered PepsiCo from a “buy” rating to a “hold” rating in a research report on Thursday. Finally, Redburn Atlantic upgraded PepsiCo to a “strong sell” rating in a research note on Thursday, October 10th.
Get Our Latest Stock Report on PEP
Institutional Investors Weigh In On PepsiCo
PepsiCo Stock Up 0.1 %
PEP stock opened at $174.67 on Friday. The company has a current ratio of 0.89, a quick ratio of 0.64 and a debt-to-equity ratio of 1.96. The firm’s 50-day moving average is $173.73 and its two-hundred day moving average is $172.12. PepsiCo has a 52 week low of $158.03 and a 52 week high of $183.41. The company has a market capitalization of $240.13 billion, a price-to-earnings ratio of 25.35, a price-to-earnings-growth ratio of 3.11 and a beta of 0.53.
PepsiCo (NASDAQ:PEP – Get Free Report) last announced its quarterly earnings data on Tuesday, October 8th. The company reported $2.31 EPS for the quarter, beating analysts’ consensus estimates of $2.30 by $0.01. PepsiCo had a net margin of 10.18% and a return on equity of 57.32%. The firm had revenue of $23.32 billion for the quarter, compared to the consensus estimate of $23.86 billion. During the same period in the previous year, the firm posted $2.25 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. On average, analysts forecast that PepsiCo will post 8.15 earnings per share for the current fiscal year.
PepsiCo Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Monday, September 30th. Investors of record on Friday, September 6th were paid a $1.355 dividend. This represents a $5.42 annualized dividend and a yield of 3.10%. The ex-dividend date of this dividend was Friday, September 6th. PepsiCo’s dividend payout ratio is presently 78.66%.
About PepsiCo
PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.
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