A Stock With Stellar Fundamentals? PepsiCo Inc (NASDAQ:PEP): Is It Right For You?

In yesterday’s Wall Street session, PepsiCo Inc (NASDAQ:PEP) shares traded at $168.11, up 0.20% from the previous session.

As of this writing, 22 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 $220.00 and a low of $151.00, we find $185.00. Given the previous closing price of $167.77, this indicates a potential upside of 10.27 percent. PEP stock price is now -0.05% away from the 50-day moving average and -6.02% away from the 200-day moving average. The market capitalization of the company currently stands at $231.13B.

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There are 11 analysts who have given it a hold rating, whereas 8 have given it a buy rating. Brokers who have rated the stock have averaged $187.64 as their price target over the next twelve months.

With the price target of $203, Jefferies recently initiated with Buy rating for PepsiCo Inc (NASDAQ: PEP).

In other news, Johnston Hugh F, Vice Chairman, EVP & CFO sold 48,388 shares of the company’s stock on Nov 10. The stock was sold for $8,064,067 at an average price of $166.65. Upon completion of the transaction, the Vice Chairman, EVP & CFO now directly owns 96,627 shares in the company, valued at $16.24 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 09, Director POHLAD ROBERT C sold 75,000 shares of the business’s stock. A total of $12,935,148 was realized by selling the stock at an average price of $172.47. This leaves the insider owning 183,929 shares of the company worth $30.92 million. Insiders disposed of 309,219 shares of company stock worth roughly $51.98 million over the past 1 year. A total of 0.34% of the company’s stock is owned by insiders.

Tuesday morning saw PepsiCo Inc (NASDAQ: PEP) opened at $167.95. During the past 12 months, PepsiCo Inc has had a low of $155.83 and a high of $196.88. As of last week, the company has a debt-to-equity ratio of 2.38, a current ratio of 0.88, and a quick ratio of 0.71. According to the stock market information, the enterprise value for the company is $265.15B, which is based on a 28.06 price-to-earnings ratio, a 3.25 price-to-earnings-growth ratio, and a beta of 0.58. The fifty day moving average price for PEP is $168.20 and a two-hundred day moving average price translates $178.88 for the stock.

The latest earnings results from PepsiCo Inc (NASDAQ: PEP) was released for Sep, 2023. According to the Beverages – Non-Alcoholic Company, earnings per share came in at $2.25, beating analysts’ expectations of $2.15 by 0.1. This compares to $1.96 EPS in the same period last year. The net profit margin was 9.05% and return on equity was 43.88% for PEP. The company reported revenue of $23.45 billion for the quarter, compared to $21.97 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.75 percent. For the current quarter, analysts expect PEP to generate $28.45B in revenue.

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.

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