The price of PepsiCo Inc (NASDAQ: PEP) closed at $164.59 in the last session, down -0.45% from day before closing price of $165.34. In other words, the price has decreased by -$0.75 from its previous closing price. On the day, 6107765 shares were traded.
Ratios:
We take a closer look at PEP’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.61 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.55. For the most recent quarter (mrq), Quick Ratio is recorded 0.68 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 2.54 whereas as Long-Term Debt/Eq ratio is at 2.16.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, Citigroup on February 12, 2024, Upgraded its rating to Buy and sets its target price to $195 from $180 previously.
On December 19, 2023, JP Morgan Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $185 to $176.
On November 13, 2023, Jefferies started tracking the stock assigning a Buy rating and target price of $203.Jefferies initiated its Buy rating on November 13, 2023, with a $203 target price.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Feb 23 when Willemsen Eugene sold 7,700 shares for $169.74 per share. The transaction valued at 1,306,999 led to the insider holds 16,715 shares of the business.
Johnston Hugh F sold 48,388 shares of PEP for $8,064,067 on Nov 10. The Vice Chairman, EVP & CFO now owns 96,627 shares after completing the transaction at $166.65 per share. On Mar 09, another insider, POHLAD ROBERT C, who serves as the Director of the company, sold 75,000 shares for $172.47 each. As a result, the insider received 12,935,148 and left with 183,929 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, PEP now has a Market Capitalization of 226.18B and an Enterprise Value of 260.83B. As of this moment, PepsiCo’s Price-to-Earnings (P/E) ratio for their current fiscal year is 25.09, and their Forward P/E ratio for the next fiscal year is 18.64. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 3.58. For the stock, the TTM Price-to-Sale (P/S) ratio is 2.47 while its Price-to-Book (P/B) ratio in mrq is 12.22. Its current Enterprise Value per Revenue stands at 2.85 whereas that against EBITDA is 16.56.
Stock Price History:
Over the past 52 weeks, PEP has reached a high of $196.88, while it has fallen to a 52-week low of $155.83. The 50-Day Moving Average of the stock is 168.42, while the 200-Day Moving Average is calculated to be 174.44.
Shares Statistics:
According to the various share statistics, PEP traded on average about 5.63M shares per day over the past 3-months and 5.68M shares per day over the past 10 days. A total of 1.37B shares are outstanding, with a floating share count of 1.37B. Insiders hold about 0.33% of the company’s shares, while institutions hold 75.50% stake in the company. Shares short for PEP as of Feb 15, 2024 were 14.37M with a Short Ratio of 2.55, compared to 15.59M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 1.05% and a Short% of Float of 1.05%.
Dividends & Splits
The forward annual dividend rate for PEP is 6.21, which was 4.95 in the trailing 12 months. Against a Trailing Annual Dividend Yield of 2.99%, it implies a Forward Annual Dividend Yield of 3.07%. The stock’s 5-year Average Dividend Yield is 2.74. The current Payout Ratio is 75.37% for PEP, which recently paid a dividend on Apr 01, 2024 with an ex-dividend date of Feb 29, 2024. Stock splits for the company last occurred on May 29, 1996 when the company split stock in a 2:1 ratio.
Earnings Estimates
The company has 15 analysts who recommend its stock at the moment. On average, analysts expect EPS of $1.52 for the current quarter, with a high estimate of $1.59 and a low estimate of $1.5, while EPS last year was $1.5. The consensus estimate for the next quarter is $2.22, with high estimates of $2.25 and low estimates of $2.18.
Analysts are recommending an EPS of between $8.3 and $8.13 for the fiscal current year, implying an average EPS of $8.16. EPS for the following year is $8.83, with 18 analysts recommending between $9.1 and $8.65.
Revenue Estimates
According to 11 analysts, the current quarter’s revenue is expected to be $18.12B. It ranges from a high estimate of $18.23B to a low estimate of $17.79B. As of the current estimate, PepsiCo Inc’s year-ago sales were $15.74B, an estimated increase of 15.10% from the year-ago figure. For the next quarter, 11 analysts are estimating revenue of $22.84B, an increase of 2.30% less than the figure of $15.10% in the same quarter last year. There is a high estimate of $23.09B for the next quarter, whereas the lowest estimate is $22.53B.
A total of 17 analysts have provided revenue estimates for PEP’s current fiscal year. The highest revenue estimate was $95.98B, while the lowest revenue estimate was $93.91B, resulting in an average revenue estimate of $94.7B. In the same quarter a year ago, actual revenue was $91.47B, up 3.50% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $99.16B in the next fiscal year. The high estimate is $100.53B and the low estimate is $97.78B. The average revenue growth estimate for next year is up 4.70% from the average revenue estimate for this year.
