Why is PepsiCo stock down Wednesday?
PepsiCo stock is falling early Wednesday, on the heels of a downgrade from Evercore ISI, which warns that shares, which gained 8.5% last year, will struggle for similar success this year. Analyst Robert Ottenstein lowered his rating on PepsiCo (ticker: PEP) to In Line from Outperform, removing his $160 price target.
Is PepsiCo stock overvalued or undervalued?
The P/E ratio of PepsiCo is 29.66, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 35.16. PepsiCo has a PEG Ratio of 3.08. PEG Ratios above 1 indicate that a company could be overvalued. PepsiCo has a P/B Ratio of 17.75.
Will PepsiCo (PEP) stock gain ahead of earnings?
PepsiCo Inc. has a market cap of $237.98 billion and is expected to release its quarterly earnings report on Jul 11, 2022 – Jul 15, 2022. With its Forward Dividend at 4.60 and a yield of 2.62%, the company’s investors could be anxious for the PEP stock to gain ahead of the earnings release.
Is the macro turning against PepsiCo stock?
Evercore ISI analyst Robert Ottenstein sees the macro turning against Pepsi. PepsiCo stock is falling early Wednesday, on the heels of a downgrade from Evercore ISI, which warns that shares, which gained 8.5% last year, will struggle for similar success this year.
Is PepsiCo a good buy right now?
PepsiCo had a strong showing in 2021 and has an encouraging outlook for the foreseeable future. That makes it clear why the company's board of directors announced a 7% raise in the annualized dividend per share to $4.60. The dividend increase will begin with the quarterly dividend that is expected to be paid in June.
Who owns the most stock in Pepsi?
The top individual shareholders for PepsiCo include various executives, including past CEOs. Former CEO Indra Nooyi owned 1.47 million shares in March 2019. Meanwhile, other former high-level executives Albert Carey and Thomas Greco have also been major shareholders.
Is PepsiCo a buy or sell?
PepsiCo has received a consensus rating of Buy. The company's average rating score is 2.53, and is based on 8 buy ratings, 7 hold ratings, and no sell ratings.
Is PepsiCo a good stock to buy 2022?
The company's stock has underperformed the benchmark S&P 500 over time, but it's outperforming it so far this year. With its efficient cost management, diversified product line, and global popularity, it may be a great stock to own in 2022.
Who is bigger Pepsi or Coke?
Since 2004, Coca-Cola Company has been the market leader, according to industry statistics. Pepsi ranks second, followed by Dr. Pepper-Snapple. In Q1 2022, PepsiCo had a market cap of $229.3 billion while Coca-Cola had a market cap of $268.4 billion.
Is Pepsi owned by China?
Today, Pepsi is a beverage giant in China, with 40 wholly-owned and joint ventures, including 15 bottling plants and four snack-food factories, and employs 10,000 people. It has invested over $800m with annual revenues of $700m.
Is Coke or Pepsi a better investment?
KO has a higher dividend yield, has had stronger share performance, and has more robust earnings growth rates. Additionally, the company has witnessed more substantial estimate revisions and hasn't had nearly as many analysts lowering their outlook.
Is PepsiCo overvalued?
PEP (PepsiCo) Some analysts believe the company may even be undervalued when its price-to-sales (P/S) ratio is compared to rival Coca-Cola (KO). By this measure, PepsiCo is valued at only half of its rival's. That could give it room to grow, but it also risks dropping in the 2021 economy.
Why PepsiCo is easily a buy and hold forever stock?
Pepsi has strong beverage and snack brands that resonate with consumers. Management is divesting away from non-core brands and is investing in growth, especially in emerging markets. The company maintains a strong balance sheet, and is on track to become a Dividend King this year.
Will Pepsi do a stock split?
This was a 3 for 1 split, meaning for each share of PEP owned pre-split, the shareholder now owned 3 shares. For example, a 1000 share position pre-split, became a 3000 share position following the split. PEP's second split took place on May 29, 1986....PEP Split History TableDateRatio05/29/19962 for 13 more rows
Is Pepsi undervalued?
In terms of valuation, our take is that PEP is undervalued. Compared to a 5-year average P/E ratio of 26x, the current consensus EPS estimates imply a forward P/E of 25x for 2021 and 23x for 2022.
What was the 52 week high of Pepsi?
- 177.62Performance OutlookPrevious Close167.75Ask0.00 x 800Day's Range163.82 - 168.3852 Week Range144.61 - 177.62Volume5,613,9403 more rows
Who owns the most stock in Coca Cola?
The Coca-Cola Company is a publicly listed company, meaning there is not one sole owner, but rather the company is 'owned' by thousands of shareholders and investors around the world. However, the largest shareowner of the company is American businessman Warren Buffett.
Who owns the Pepsi Cola Company?
PepsiCoThe Pepsi Bottling Group / Parent organization
How much of Pepsi does BlackRock own?
Fink said BlackRock currently owns 5 percent of PepsiCo. Peltz's Trian Fund Management has a stake of about $1.3 billion, or less than 1 percent, in PepsiCo, which boasts a market capitalization of more than $131 billion.
Does the LDS Church own stock in Pepsi?
The fund didn't own stock in soda makers PepsiCo or Keurig Dr Pepper, either. Caffeinated sodas are not part of the church's health code, known as the Word of Wisdom.
Is PepsiCo stock a Buy, Sell or Hold?
PepsiCo stock has received a consensus rating of buy. The average rating score is and is based on 16 buy ratings, 15 hold ratings, and 1 sell ratings.
What was the 52-week low for PepsiCo stock?
The low in the last 52 weeks of PepsiCo stock was 144.67. According to the current price, PepsiCo is 112.34% away from the 52-week low.
What was the 52-week high for PepsiCo stock?
The high in the last 52 weeks of PepsiCo stock was 177.62. According to the current price, PepsiCo is 91.50% away from the 52-week high.
What are analysts forecasts for PepsiCo stock?
The 32 analysts offering price forecasts for PepsiCo have a median target of 165.22, with a high estimate of 198.00 and a low estimate of 135.00. T...
Should I buy or sell PepsiCo stock right now?
15 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for PepsiCo in the last year. There are currently 7 hold ra...
What is PepsiCo's stock price forecast for 2022?
15 equities research analysts have issued 1 year price objectives for PepsiCo's stock. Their forecasts range from $155.00 to $198.00. On average, t...
How has PepsiCo's stock performed in 2022?
PepsiCo's stock was trading at $173.71 at the beginning of 2022. Since then, PEP shares have decreased by 6.4% and is now trading at $162.52. View...
When is PepsiCo's next earnings date?
PepsiCo is scheduled to release its next quarterly earnings announcement on Tuesday, July 12th 2022. View our earnings forecast for PepsiCo .
How can I listen to PepsiCo's earnings call?
PepsiCo will be holding an earnings conference call on Tuesday, July 12th at 8:15 AM Eastern. Interested parties can register for or listen to the...
How were PepsiCo's earnings last quarter?
PepsiCo, Inc. (NASDAQ:PEP) announced its quarterly earnings data on Tuesday, April, 26th. The company reported $1.29 earnings per share for the qua...
How often does PepsiCo pay dividends? What is the dividend yield for PepsiCo?
PepsiCo announced a quarterly dividend on Tuesday, May 3rd. Stockholders of record on Friday, June 3rd will be paid a dividend of $1.15 per share o...
Is PepsiCo a good dividend stock?
PepsiCo(NASDAQ:PEP) pays an annual dividend of $4.60 per share and currently has a dividend yield of 2.83%. PepsiCo has been increasing its dividen...
What guidance has PepsiCo issued on next quarter's earnings?
PepsiCo updated its FY22 earnings guidance on Tuesday, April, 26th. The company provided earnings per share (EPS) guidance of $6.63 for the period,...