The stock of Keurig Dr Pepper Inc (NASDAQ:KDP) last traded at $31.28, down -3.87% from the previous session.
KDP stock price is now -2.64% away from the 50-day moving average and -7.95% away from the 200-day moving average. The market capitalization of the company currently stands at $42.43B.
With the price target of $35, Piper Sandler recently initiated with Neutral rating for Keurig Dr Pepper Inc (NASDAQ: KDP). On December 12, 2024, Deutsche Bank Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $37 to quote $39, while ‘Citigroup’ rates the stock as ‘Buy’
In other news, JAB BevCo B.V., 10% Owner bought 3,619,600 shares of the company’s stock on Jan 29 ’25. The stock was bought for $120,677,464 at an average price of $33.34. Upon completion of the transaction, the 10% Owner now directly owns 218,063,479 shares in the company, valued at $6.82 billion. An SEC document containing details of the transaction can be found on the SEC’s website. On Oct 30 ’24, 10% Owner JAB BevCo B.V. sold 69,000,000 shares of the business’s stock. A total of $2,252,850,000 was realized by selling the stock at an average price of $32.65. This leaves the insider owning 214,443,879 shares of the company worth $6.71 billion. A total of 17.00% of the company’s stock is owned by insiders.
During the past 12 months, Keurig Dr Pepper Inc has had a low of $28.61 and a high of $38.28. As of last week, the company has a debt-to-equity ratio of 0.66, a current ratio of 0.53, and a quick ratio of 0.34. According to the stock market information, the enterprise value for the company is $58686869504, which is based on a 18.93 price-to-earnings ratio, a 2.78 price-to-earnings-growth ratio, and a beta of 0.63. The fifty day moving average price for KDP is $32.1332 and a two-hundred day moving average price translates $33.98075 for the stock.
The latest earnings results from Keurig Dr Pepper Inc (NASDAQ: KDP) was released for 2024-09-30. The net profit margin was 15.04% and return on equity was 9.05% for KDP. The company reported revenue of $3.89 billion for the quarter, compared to $3.81 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 2.26 percent. For the current quarter, analysts expect KDP to generate $4.01B in revenue.
