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why is pepsi stock down

by Evans Parker Published 3 years ago Updated 2 years ago
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PepsiCo PEP –0.12% stock took a hit Monday on apparent investor concerns about its exposure to Russia, its second-largest international market after Mexico. Shares of the beverage and snack-food giant ended the day down 2.8% at $163.74, after trading as low as $161.41.Feb 28, 2022

What happened to the price of PepsiCo’s stock?

May 08, 2022 · That's why investors have been moving funds into safe stocks, like PepsiCo. PepsiCo stock is up 17% over one year, while the S&P 500 is down 3%. Last week, the company announced a 7% dividend ...

What happened to PEP stock during the crisis?

Mar 14, 2020 · Quarter in Detail. PepsiCo’s fourth-quarter core EPS of $1.45 beat the Zacks Consensus Estimate of $1.43. However, core EPS declined 2.7% year over year. In constant currency, core earnings were ...

Is PepsiCo a safe stock to invest in?

Oct 31, 2020 · PepsiCo’s third-quarter core EPS of $1.66 beat the Zacks Consensus Estimate of $1.48 and also increased 6.4% year over year. In constant currency, core earnings were up 9% from the year-ago ...

What does PepsiCo Inc stock hold buy signals?

Mar 14, 2020 · VGM Scores. Currently, PepsiCo has an average Growth Score of C, a grade with the same score on the momentum front. Following the exact same course, the stock was allocated a grade of C on the ...

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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. The median estimate represents a …

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Is Pepsi stock a good buy?

PepsiCo has brand power and it flexed it in 2021

PepsiCo reported its earnings for the fiscal year ended 2021 in mid-February, and the earnings results for the year were arguably very positive for shareholders. PepsiCo produced $79.5 billion in net revenue in 2021, equivalent to a 12.9% growth rate.
Mar 17, 2022

Is PepsiCo a blue chip stock?

Blue-Chip Stocks to Buy: PepsiCo (PEP)

Its unbelievable brand equity has made it one of the largest companies in the world across several metrics.
Mar 30, 2022

How much is Pepsi worth in 2021?

about 13.7 billion U.S. dollars
In 2021, Pepsi had a brand value of about 13.7 billion U.S. dollars, making it the fourth-most valuable soft drink brand in the world.Apr 8, 2022

Who owns the most stock in Pepsi?

The Vanguard Group, Inc.
Top 10 Owners of PepsiCo Inc
StockholderStakeShares owned
The Vanguard Group, Inc.8.44%116,788,458
BlackRock Fund Advisors4.73%65,474,323
SSgA Funds Management, Inc.4.26%58,904,562
Geode Capital Management LLC1.67%23,137,438
6 more rows

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Mar 23, 2022

Is Moderna a blue-chip?

Blue-Chip Stocks to Buy: Moderna (MRNA)Mar 30, 2022

Is Pepsi a multi million dollar company?

PepsiCo has 6 billion dollar still beverage brands. Of those brands, 1 was developed in house (Aquafina), 2 were acquired (Tropicana and Gatorade), and 3 are the result of partnerships with other companies (Lipton, Brisk, and Starbucks RTD Beverages).Jun 19, 2020

Who is richer Pepsi or Coke?

Always Coca-Cola: Coca-Cola tops soft drinks brand rankings

The brand retains the title of world's most valuable and strongest soft drink brand, with a brand value of $33.2bn – almost double that of second place Pepsi at $18.4bn.
Sep 27, 2021

Who is bigger Coke or Pepsi?

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 PepsiCo 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.

What family owns Pepsi?

Bob Pohlad, along with his brothers Jim and Bill, owns and manages a diversified group of over 30 Minneapolis-based businesses and belongs to one of the richest families in Minnesota.

Is Coca-Cola owned by Pepsi?

In 2020, Pepsi-Co had a market cap of $188.6 billion while Coca-Cola had a market cap of $185.8 billion. however What brands do Pepsi own? Gatorade and Propel.
...
The Coca-Cola Company and Nestlé
FormerlyCoca-Cola Nestlé Refreshments Company S.A. (1991–2001)
OwnerThe Coca-Cola Company Nestlé
Number of employees15-50

PepsiCo Q3 Earnings & Sales Top Estimates

Quarter in Detail

PepsiCo has reported strong third-quarter 2020 results, wherein earnings and sales surpassed estimates and improved year over year as well.

NASDAQ: PEP

PepsiCo’s third-quarter core EPS of $1.66 beat the Zacks Consensus Estimate of $1.48 and also increased 6.4% year over year. In constant currency, core earnings were up 9% from the year-ago period.

This stock has gotten a lot of love over the past couple of years, which might not be good for new investors

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1. Popular stocks are rarely cheap

When the broader stock market falls, some investors get scared and flock to safe names -- those that have been around, standing the test of time. One of those safe names is snack and beverage giant PepsiCo ( PEP 2.48% ). The company sells some of the most popular food and drink brands in the world.

NASDAQ: PEP

There are many reasons to like PepsiCo; its products, like Pepsi, Doritos, and Gatorade, are popular. Of the dozens of brands it markets, 23 generate $1 billion or more each in revenue every year. This kind of revenue generation means plenty of profits to share with investors.

2. Growing large numbers is tough

But picking the right company is only part of the equation in investing; the price you pay can matter just as much. PepsiCo's valuation has steadily risen over time; the stock now has a price-to-earnings (P/E) ratio of 29, which is comfortably higher than its average P/E of 23 over the past decade.

3. The balance sheet is slowly sliding

PepsiCo is having a great 2021 fiscal year. The company's most recent quarter, the third, showed that revenue grew 11.6% year over year and is up 13.2% year over year when combining the first three quarters.

Investor takeaway

PepsiCo returns a lot of cash to shareholders, not only through its annual dividend raises but also through buying back stock to help grow its earnings per share. Its dividend payout ratio is a high 86%, which doesn't leave a lot of money left over.

How much did Pepsico stock gain in 2021?

PepsiCo is a blue-chip stock, but investors should be cognizant of the headwinds that are developing for the company. The stock is expensive, and investors need to justify this higher valuation against the possibility of slowing growth and a weaker balance sheet.

Is Pepsico stock good in the short term?

The Pepsico Inc stock price gained 0.0467% on the last trading day (Thursday, 8th Jul 2021), rising from $149.79 to $149.86. , and has now gained 7 days in a row. It is not often that stocks manage to gain so many days in a row, and falls for a day or two should be expected. During the day the stock fluctuated 0.99% from a day low at $149.19 to a day high of $150.67. The price has risen in 9 of the last 10 days and is up by 3.46% over the past 2 weeks. Volume has increased on the last day along with the price, which is a positive technical sign, and, in total, 4 thousand more shares were traded than the day before. In total, 4 million shares were bought and sold for approximately $624.60 million.

Why did PepsiCo stock drop?

Several short-term signals, along with a general good trend, are positive and we conclude that the current level may hold a buying opportunity as there is a fair chance for Pepsico Inc stock to perform well in the short-term.

How much did PEP stock drop during the crisis?

While PepsiCo’s stock has declined due to the Coronavirus/Oil Price War crisis, going by trends seen during the 2008 slowdown, it’s likely that it could bounce back strongly but potentially underperform the broader market (due to rebounding less as it dropped less) as the crisis winds down.

How much will Coca Cola drop in 2020?

Through the crisis, PEP stock declined by as much as 33% from its approximate pre-crisis peak. This marked a lower decline than the S&P which fell by as much as 51%.

How much has PepsiCo stock declined in 2020?

With the spread of coronavirus impacting the sales of beverage companies, our analysis shows that a 10% drop in projected revenues along with lower margins would lead to a drop of 18% and 13% in PEP’s coverage ratio for 2020 and 2021, respectively. Similarly, Coca-Cola’s ratio is expected to drop by 17% and 15%, respectively, during the next two years.

How much has the S&P 500 fallen in 2020?

PepsiCo’s stock declined by about 7% between 8th March 2020 and 17th March 2020, and the stock is down by about 9.5% since February 1, after the WHO declared a global health emergency.

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