In other words, the price has increased by $0.00 from its previous closing price. On the day, 10699504 shares were traded. KDP stock price reached its highest trading level at $29.73 during the session, while it also had its lowest trading level at $29.32.
Ratios:
To gain a deeper understanding of KDP’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 153.31 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 45.28. 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:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Dec 12 when Oxender Monique bought 6,000 shares for $32.72 per share. The transaction valued at 196,320 led to the insider holds 56,848 shares of the business.
Cofer Timothy P. bought 15,000 shares of KDP for $465,900 on Nov 08. The Chief Operating Officer now owns 400,393 shares after completing the transaction at $31.06 per share. On Nov 08, another insider, Archambault Matthew Andrew, who serves as the President, US Refreshment Bev. of the company, sold 16,000 shares for $31.07 each. As a result, the insider received 497,120 and left with 800 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 40.93B and an Enterprise Value of 55.49B. As of this moment, Keurig’s Price-to-Earnings (P/E) ratio for their current fiscal year is 19.04, and their Forward P/E ratio for the next fiscal year is 14.40. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.69. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.76 while its Price-to-Book (P/B) ratio in mrq is 1.60. Its current Enterprise Value per Revenue stands at 3.75 whereas that against EBITDA is 13.97.
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 31.82, while the 200-Day Moving Average is calculated to be 31.89.
Shares Statistics:
It appears that KDP traded 8.58M shares on average per day over the past three months and 13.11M shares per day over the past ten days. 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 Jan 31, 2024 were 16.65M with a Short Ratio of 1.94, compared to 11.78M on Dec 29, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.19% and a Short% of Float of 1.76%.
Dividends & Splits
With its trailing 12-month dividend rate of 0.83, KDP has a forward annual dividend rate of 0.83. Against a Trailing Annual Dividend Yield of 2.81%, it implies a Forward Annual Dividend Yield of 2.92%. The stock’s 5-year Average Dividend Yield is 2.16.
Earnings Estimates
As of right now, 17 analysts gave their recommendation on the stock of the company. 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 $1.77 for the fiscal current year, implying an average EPS of $1.9. EPS for the following year is $2.03, with 18 analysts recommending between $2.1 and $1.68.
Revenue Estimates
In the current quarter, 13 analysts expect revenue to total $3.41B. 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 $15.61B, while the lowest revenue estimate was $15.15B, resulting in an average revenue estimate of $15.39B. In the same quarter a year ago, actual revenue was $14.81B, up 3.90% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $15.98B in the next fiscal year. The high estimate is $16.38B and the low estimate is $15.57B. The average revenue growth estimate for next year is up 3.80% from the average revenue estimate for this year.
