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HomeMarketResultsPepsiCo, Inc. (NASDAQ:PEP) Receives Consensus Rating of "Moderate Buy" from Analysts

PepsiCo, Inc. (NASDAQ:PEP) Receives Consensus Rating of “Moderate Buy” from Analysts


Shares of PepsiCo, Inc. (NASDAQ:PEPGet Rating) have acquired a consensus score of “Maintain” from the fifteen brokerages which can be presently overlaying the corporate, MarketBeat.com reviews. One funding analyst has rated the inventory with a promote score, 5 have given a maintain score, 4 have assigned a purchase score and one has assigned a powerful purchase score to the corporate. The common 12 month worth goal amongst brokers which have issued a report on the inventory within the final yr is $183.36.

A lot of equities analysis analysts lately weighed in on PEP shares. Argus raised their goal worth on shares of PepsiCo from $195.00 to $206.00 in a analysis observe on Wednesday, December seventh. Deutsche Financial institution Aktiengesellschaft elevated their worth goal on shares of PepsiCo from $181.00 to $186.00 and gave the corporate a “maintain” score in a analysis report on Tuesday, December sixth. Redburn Companions assumed protection on shares of PepsiCo in a analysis report on Friday, November 4th. They set a “promote” score and a $141.00 worth goal on the inventory. Wedbush elevated their worth goal on shares of PepsiCo from $185.00 to $190.00 in a analysis report on Thursday, October thirteenth. Lastly, Royal Financial institution of Canada elevated their worth goal on shares of PepsiCo from $165.00 to $170.00 and gave the corporate a “sector carry out” score in a analysis report on Thursday, October thirteenth.

PepsiCo Buying and selling Up 2.3 %

Shares of PepsiCo stock opened at $181.10 on Friday. PepsiCo has a 12-month low of $153.37 and a 12-month excessive of $186.84. The corporate has a market cap of $249.50 billion, a price-to-earnings ratio of 25.91, a PEG ratio of three.21 and a beta of 0.57. The corporate has a present ratio of 0.92, a fast ratio of 0.72 and a debt-to-equity ratio of 1.89. The corporate’s 50-day shifting common worth is $181.57 and its 200-day shifting common worth is $175.74.

PepsiCo (NASDAQ:PEPGet Rating) final introduced its earnings outcomes on Wednesday, October twelfth. The corporate reported $1.97 earnings per share for the quarter, beating analysts’ consensus estimates of $1.85 by $0.12. The enterprise had income of $21.97 billion for the quarter, in comparison with the consensus estimate of $20.82 billion. PepsiCo had a web margin of 11.61% and a return on fairness of 51.13%. PepsiCo’s quarterly income was up 8.8% on a year-over-year foundation. Throughout the identical interval final yr, the agency posted $1.79 earnings per share. On common, equities analysts anticipate that PepsiCo will submit 6.76 earnings per share for the present fiscal yr.

PepsiCo Pronounces Dividend

The corporate additionally lately disclosed a quarterly dividend, which was paid on Friday, January sixth. Shareholders of file on Friday, December 2nd got a dividend of $1.15 per share. This represents a $4.60 annualized dividend and a yield of two.54%. The ex-dividend date of this dividend was Thursday, December 1st. PepsiCo’s dividend payout ratio is presently 65.81%.

Insider Shopping for and Promoting at PepsiCo

In different PepsiCo information, CEO Ramon Laguarta bought 5,900 shares of the agency’s inventory in a transaction on Friday, October twenty first. The inventory was bought at a mean worth of $173.09, for a complete transaction of $1,021,231.00. Following the completion of the transaction, the chief government officer now owns 310,757 shares of the corporate’s inventory, valued at $53,788,929.13. The sale was disclosed in a authorized submitting with the Securities & Change Fee, which is accessible via this link. In different information, CEO Ramon Laguarta bought 5,900 shares of PepsiCo inventory in a transaction dated Friday, October twenty first. The inventory was bought at a mean worth of $173.09, for a complete worth of $1,021,231.00. Following the completion of the transaction, the chief government officer now owns 310,757 shares of the corporate’s inventory, valued at roughly $53,788,929.13. The transaction was disclosed in a authorized submitting with the SEC, which is obtainable via the SEC website. Additionally, CFO Hugh F. Johnston bought 23,394 shares of PepsiCo inventory in a transaction dated Monday, October twenty fourth. The inventory was bought at a mean worth of $175.74, for a complete worth of $4,111,261.56. Following the completion of the transaction, the chief monetary officer now straight owns 128,332 shares of the corporate’s inventory, valued at roughly $22,553,065.68. The disclosure for this sale could be discovered here. Over the past 90 days, insiders bought 37,639 shares of firm inventory valued at $6,633,617. 0.12% of the inventory is presently owned by firm insiders.

Hedge Funds Weigh In On PepsiCo

Hedge funds have lately purchased and bought shares of the enterprise. Mirae Asset International Investments Co. Ltd. grew its stake in shares of PepsiCo by 34.0% throughout the 1st quarter. Mirae Asset International Investments Co. Ltd. now owns 1,128,044 shares of the corporate’s inventory valued at $188,812,000 after buying an extra 286,169 shares throughout the interval. AMI Funding Administration Inc. grew its stake in shares of PepsiCo by 0.7% throughout the 1st quarter. AMI Funding Administration Inc. now owns 16,627 shares of the corporate’s inventory valued at $2,783,000 after buying an extra 113 shares throughout the interval. ERn Monetary LLC purchased a brand new place in shares of PepsiCo throughout the 1st quarter valued at roughly $546,000. Covestor Ltd grew its stake in shares of PepsiCo by 57.4% throughout the 1st quarter. Covestor Ltd now owns 1,357 shares of the corporate’s inventory valued at $227,000 after buying an extra 495 shares throughout the interval. Lastly, Mather Group LLC. grew its stake in shares of PepsiCo by 29.3% throughout the 1st quarter. Mather Group LLC. now owns 5,562 shares of the corporate’s inventory valued at $931,000 after buying an extra 1,262 shares throughout the interval. Hedge funds and different institutional buyers personal 70.76% of the corporate’s inventory.

About PepsiCo

(Get Rating)

PepsiCo, Inc manufactures, markets, distributes, and sells numerous drinks and handy meals worldwide. The corporate operates via seven segments: Frito-Lay North America; Quaker Meals North America; PepsiCo Drinks North America; Latin America; Europe; Africa, Center East and South Asia; and Asia Pacific, Australia and New Zealand and China Area.

See Additionally

Analyst Recommendations for PepsiCo (NASDAQ:PEP)

This on the spot information alert was generated by narrative science expertise and monetary information from MarketBeat with the intention to present readers with the quickest and most correct reporting. This story was reviewed by MarketBeat’s editorial staff previous to publication. Please ship any questions or feedback about this story to contact@marketbeat.com.

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