A Stock With Stellar Fundamentals? Keurig Dr Pepper Inc (NASDAQ:KDP): Is It Right For You?

Stocks of Keurig Dr Pepper Inc (NASDAQ:KDP) traded higher last session on Wall Street, down -0.16% to $31.73.

According to the data, Keurig Dr Pepper Inc (NASDAQ:KDP) has 20 analysts covering its stock. The consensus rating among analysts is ‘Overweight’. As we calculate the median target price by taking the range between a high of $42.00 and a low of $27.00, we find $37.00. Given the previous closing price of $31.78, this indicates a potential upside of 16.43 percent. KDP stock price is now 2.35% away from the 50-day moving average and -3.48% away from the 200-day moving average. The market capitalization of the company currently stands at $44.37B.

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A total of 6 analysts have issued a hold rating and 10 have given it a buy rating. Brokers who have rated the stock have averaged $35.87 as their price target over the next twelve months.

With the price target of $39, Jefferies recently initiated with Buy rating for Keurig Dr Pepper Inc (NASDAQ: KDP).

In other news, Cofer Timothy P., Chief Operating Officer bought 15,000 shares of the company’s stock on Nov 08. The stock was bought for $465,900 at an average price of $31.06. Upon completion of the transaction, the Chief Operating Officer now directly owns 400,393 shares in the company, valued at $12.7 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Nov 08, President, US Refreshment Bev. Archambault Matthew Andrew sold 16,000 shares of the business’s stock. A total of $497,120 was realized by selling the stock at an average price of $31.07. This leaves the insider owning 800 shares of the company worth $25384.0. Insiders disposed of 88,592,365 shares of company stock worth roughly $2.81 billion over the past 1 year. A total of 29.06% of the company’s stock is owned by insiders.

Friday’s opening bell rang with an opening price of $31.95 for Keurig Dr Pepper Inc (NASDAQ: KDP). During the past 12 months, Keurig Dr Pepper Inc has had a low of $27.66 and a high of $38.94. As of last week, the company has a debt-to-equity ratio of 0.57, a current ratio of 0.39, and a quick ratio of 0.22. According to the stock market information, the enterprise value for the company is $58.46B, which is based on a 23.12 price-to-earnings ratio, a 3.30 price-to-earnings-growth ratio, and a beta of 0.67. The fifty day moving average price for KDP is $30.97 and a two-hundred day moving average price translates $32.86 for the stock.

The latest earnings results from Keurig Dr Pepper Inc (NASDAQ: KDP) was released for Sep, 2023. According to the Beverages – Non-Alcoholic Company, earnings per share came in at $0.48, beating analysts’ expectations of $0.47 by 0.01. This compares to $0.13 EPS in the same period last year. The net profit margin was 13.16% and return on equity was 7.69% for KDP. The company reported revenue of $3.81 billion for the quarter, compared to $3.62 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.05 percent. For the current quarter, analysts expect KDP to generate $3.92B in revenue.

Keurig Dr Pepper Inc(KDP) Company Profile

Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally. It operates through four segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee. This segment sells its brewers through third-party distributors and retail partners, as well as through its website at keurig.com. The Packaged Beverages segment engages in the manufacture and distribution of packaged beverages of company’s brands; contract manufacturing of various private label and emerging brand beverages; and distribution of packaged beverages for partner brands. The Beverage Concentrates segment manufactures and sells beverage concentrates primarily under the Dr Pepper, Canada Dry, Schweppes, Crush, A&W, Sunkist, 7UP, SunDrop, Squirt, Big Red, Hawaiian Punch, and RC Cola brands. This segment also manufactures beverage concentrates into syrup. The Latin America Beverages segment manufactures and distributes carbonated mineral water, flavored carbonated soft drinks, bottled water, and vegetable juice products under the Peñafiel, Clamato, Squirt, Mott’s, Dr Pepper, Crush, and Aguafiel brands. The company serves retailers, bottlers and distributors, restaurants, hotel chains, office coffee distributors, and end-use consumers. Keurig Dr Pepper Inc. was founded in 1981 and is headquartered in Burlington, Massachusetts.

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