Keurig Dr Pepper Inc (NASDAQ: KDP) closed the day trading at $28.96 down -0.82% from the previous closing price of $29.20. In other words, the price has decreased by -$0.24 from its previous closing price. On the day, 7356630 shares were traded.
Ratios:
For a better understanding of KDP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 150.50 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 44.45. For the most recent quarter (mrq), Quick Ratio is recorded 0.24 and its Current Ratio is at 0.38. In the meantime, Its Debt-to-Equity ratio is 0.58 whereas as Long-Term Debt/Eq ratio is at 0.44.
On December 22, 2023, HSBC Securities started tracking the stock assigning a Hold rating and target price of $37.
On November 13, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $39.Jefferies initiated its Buy rating on November 13, 2023, with a $39 target price.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Mar 06 ’24 when Singer Robert S sold 2,000 shares for $29.24 per share. The transaction valued at 58,480 led to the insider holds 35,643 shares of the business.
HARF PETER bought 171,821 shares of KDP for $4,999,991 on Mar 05 ’24. The Director now owns 182,605 shares after completing the transaction at $29.10 per share. On Mar 05 ’24, another insider, Goudet Olivier, who serves as the Director of the company, bought 171,821 shares for $29.10 each. As a result, the insider paid 4,999,991 and bolstered with 3,694,622 shares of the company.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KDP now has a Market Capitalization of 40.18B and an Enterprise Value of 54.74B. As of this moment, Keurig’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.69, and their Forward P/E ratio for the next fiscal year is 14.14. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.71 while its Price-to-Book (P/B) ratio in mrq is 1.57. Its current Enterprise Value per Revenue stands at 3.70 whereas that against EBITDA is 13.78.
Stock Price History:
Over the past 52 weeks, KDP has reached a high of $35.99, while it has fallen to a 52-week low of $27.66. The 50-Day Moving Average of the stock is 31.40, while the 200-Day Moving Average is calculated to be 31.79.
Shares Statistics:
Over the past 3-months, KDP traded about 9.51M shares per day on average, while over the past 10 days, KDP traded about 17.76M shares per day. A total of 1.39B shares are outstanding, with a floating share count of 986.19M. Insiders hold about 28.93% of the company’s shares, while institutions hold 65.20% stake in the company. Shares short for KDP as of Feb 15, 2024 were 16.12M with a Short Ratio of 1.70, compared to 11.45M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.16% and a Short% of Float of 1.72%.
Dividends & Splits
KDP’s forward annual dividend rate is 0.83, up from 0.83 a year ago. Against a Trailing Annual Dividend Yield of 2.84%, it implies a Forward Annual Dividend Yield of 2.97%. The stock’s 5-year Average Dividend Yield is 2.14.
Earnings Estimates
Current recommendations for the stock of the company come from 17 analysts. On average, analysts expect EPS of $0.35 for the current quarter, with a high estimate of $0.35 and a low estimate of $0.34, while EPS last year was $0.34. The consensus estimate for the next quarter is $0.46, with high estimates of $0.49 and low estimates of $0.44.
Analysts are recommending an EPS of between $1.93 and $1.87 for the fiscal current year, implying an average EPS of $1.91. EPS for the following year is $2.05, with 17 analysts recommending between $2.1 and $2.01.
Revenue Estimates
13 analysts predict $3.41B in revenue for the current quarter. It ranges from a high estimate of $3.46B to a low estimate of $3.32B. As of the current estimate, Keurig Dr Pepper Inc’s year-ago sales were $3.35B, an estimated increase of 1.80% from the year-ago figure. For the next quarter, 13 analysts are estimating revenue of $3.93B, an increase of 6.50% over than the figure of $1.80% in the same quarter last year. There is a high estimate of $3.97B for the next quarter, whereas the lowest estimate is $3.87B.
A total of 17 analysts have provided revenue estimates for KDP’s current fiscal year. The highest revenue estimate was $15.49B, while the lowest revenue estimate was $15.15B, resulting in an average revenue estimate of $15.38B. In the same quarter a year ago, actual revenue was $14.81B, up 3.80% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $15.96B in the next fiscal year. The high estimate is $16.17B and the low estimate is $15.57B. The average revenue growth estimate for next year is up 3.70% from the average revenue estimate for this year.
