Before Investing In PepsiCo Inc. (NASDAQ:PEP), Here Are Some Things To Consider

PepsiCo Inc. (NASDAQ:PEP) shares traded -0.37% lower at $178.27 on Wall Street last session.

In accordance with the data, 21 analysts cover PepsiCo Inc. (NASDAQ:PEP). The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $235.81 and a low of $156.00, we find $201.50. Given the previous closing price of $178.93, this indicates a potential upside of 12.61 percent. PEP stock price is now -2.76% away from the 50-day moving average and -1.86% away from the 200-day moving average. The market capitalization of the company currently stands at $245.58B.

It has been rated a hold by 11 analysts and a buy by 7. Brokers who have rated the stock have averaged $201.27 as their price target over the next twelve months.

With the price target maintained at $210, Morgan Stanley recently Downgraded its rating from Overweight to Equal-Weight for PepsiCo Inc. (NASDAQ: PEP).

In other news, POHLAD ROBERT C, Director sold 75,000 shares of the company’s stock on Mar 09. The stock was sold for $12,935,148 at an average price of $172.47. Upon completion of the transaction, the Director now directly owns 183,929 shares in the company, valued at $32.79 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 07, CEO Intl Beverages & CCO Krishnan Ramkumar sold 16,827 shares of the business’s stock. A total of $2,905,962 was realized by selling the stock at an average price of $172.70. This leaves the insider owning 49,000 shares of the company worth $8.74 million. Insiders disposed of 346,858 shares of company stock worth roughly $61.83 million over the past 1 year. A total of 0.10% of the company’s stock is owned by insiders.

There have been several recent changes in the stakes of large investors in PEP stock. A new stake in PepsiCo Inc. shares was purchased by UNISUPER MANAGEMENT PTY LTD during the first quarter worth $148,401,000. STONEHAGE FLEMING FINANCIAL SERVICES HOLDINGS LTD invested $64,392,000 in shares of PEP during the first quarter. In the first quarter, HUDSON BAY CAPITAL MANAGEMENT LP acquired a new stake in PepsiCo Inc. valued at approximately $46,707,000. INTERVAL PARTNERS, LP acquired a new stake in PEP for approximately $18,399,000. IA GLOBAL ASSET MANAGEMENT INC. purchased a new stake in PEP valued at around $16,723,000 in the second quarter. In total, there are 3,948 active investors with 74.00% ownership of the company’s stock.

During the past 12 months, PepsiCo Inc. has had a low of $160.98 and a high of $196.88. As of last week, the company has a debt-to-equity ratio of 2.47, a current ratio of 0.80, and a quick ratio of 0.60. According to the stock market information, the enterprise value for the company is $282.57B, which is based on a 30.91 price-to-earnings ratio, a 3.62 price-to-earnings-growth ratio, and a beta of 0.55. The fifty day moving average price for PEP is $183.19 and a two-hundred day moving average price translates $181.61 for the stock.

The latest earnings results from PepsiCo Inc. (NASDAQ: PEP) was released for Jun, 2023. According to the Beverages – Non-Alcoholic Company, earnings per share came in at $2.09, beating analysts’ expectations of $1.96 by 0.13. This compares to $1.04 EPS in the same period last year. The net profit margin was 8.80% and return on equity was 44.60% for PEP. The company reported revenue of $22.32 billion for the quarter, compared to $20.23 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 10.37 percent. For the current quarter, analysts expect PEP to generate $23.43B in revenue.

Moreover, the firm recently paid out its quarterly dividend on 09/29/2023. Investors who held shares on 09/01/2023 were paid a $1.265 dividend. On an annualized basis, this represents a $5.06 dividend and a 2.84% percent yield. There was an ex-dividend date of 08/31/2023 for this dividend. In terms of dividend payout ratio, PEP is presently at 82.30%.

PepsiCo Inc.(PEP) Company Profile

PepsiCo, Inc. manufactures, markets, distributes, and sells 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. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal, rice cakes, simply granola, and side dishes; beverage concentrates, fountain syrups, and finished goods; ready-to-drink tea, coffee, and juices; dairy products; and sparkling water makers and related products. The company offers its products primarily under the Lay’s, Doritos, Cheetos, Gatorade, Pepsi-Cola, Mountain Dew, Quaker, Aquafina, Emperador, Diet Mountain Dew, Diet Pepsi, Gatorade Zero, Propel, Marias Gamesa, Ruffles, Sabritas, Saladitas, Tostitos, 7UP, Diet 7UP, H2oh!, Manzanita Sol, Mirinda, Pepsi Black, San Carlos, Toddy, Walkers, Chipsy, Kurkure, Sasko, Spekko, White Star, Smith’s, Sting, SodaStream, Lubimy Sad, Pepsi, and other brands. It serves wholesale and other distributors, foodservice customers, grocery stores, drug stores, convenience stores, discount/dollar stores, mass merchandisers, membership stores, hard discounters, e-commerce retailers and authorized independent bottlers, and others through a network of direct-store-delivery, customer warehouse, and distributor networks, as well as directly to consumers through e-commerce platforms and retailers. The company was founded in 1898 and is based in Purchase, New York.