Keurig Dr Pepper Inc (NASDAQ:KDP) shares traded -0.57% lower at $33.34 on Wall Street last session.
KDP stock price is now 3.84% away from the 50-day moving average and -1.71% away from the 200-day moving average. The market capitalization of the company currently stands at $45.23B.
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, Stephens Angela A., Senior VP & Controller sold 7,350 shares of the company’s stock on Mar 03 ’25. The stock was sold for $251,150 at an average price of $34.17. Upon completion of the transaction, the Senior VP & Controller now directly owns 74,587 shares in the company, valued at $2.49 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 04 ’25, Chief Human Resources Officer DeNooyer Mary Beth sold 12,000 shares of the business’s stock. A total of $408,600 was realized by selling the stock at an average price of $34.05. This leaves the insider owning 187,537 shares of the company worth $6.25 million. A total of 11.08% 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 0.71, a current ratio of 0.49, and a quick ratio of 0.32.
The net profit margin was 9.39% and return on equity was 5.77% for KDP. The company reported revenue of $4.07 billion for the quarter, compared to $3.87 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 5.25 percent.
