During the recent session, PepsiCo, Inc. (NASDAQ:PEP)’s traded shares were 1,948,625, with the beta value of the company hitting 0.62. At the last check, the stock’s price was $142.8, reflecting an intraday loss of -0.43% or -$0.61. The 52-week high for the PEP share is $148.77, that puts it down -4.18% from that peak though still a striking +11.39% gain since the share price plummeted to a 52-week low of $126.53. The company’s market capitalization is $197.36 Billion, and the average intraday trading volume over the past 10 days was 5.31 Million shares, and the average trade volume was 5.77 Million shares over the past three months.
PepsiCo, Inc. (PEP) received a consensus recommendation of Overweight from analysts. That translates to a mean rating of 2.3. PEP has a Sell rating from none of the analyst(s) out of 22 analysts who have looked at this stock. 8 analyst(s) recommend to Hold the stock while 3 suggest Overweight, and 10 recommend a Buy rating for it. 1 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be $1.12.
PepsiCo, Inc. (NASDAQ:PEP): Trading Information
PepsiCo, Inc. (PEP) registered a -0.43% downside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1% in intraday trading to $144.3 this Monday, Apr 05, hitting a weekly high. The stock’s 5-day price performance is 1.03%, and it has moved by 8.15% in 30 days. Based on these gigs, the overall price performance for the year is -3.64%. The short interest in PepsiCo, Inc. (NASDAQ:PEP) is 11.52 Million shares and it means that shorts have 2 day(s) to cover.
The consensus price target of analysts on Wall Street is $150.94, which implies an increase of 5.7% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $135 and $162 respectively. As a result, PEP is trading at a discount of 13.45% off the target high and -5.46% off the low.
PepsiCo, Inc. (PEP) projections and forecasts
Statistics show that PepsiCo, Inc. has underperformed its competitors in share price, compared to the industry in which it operates. PepsiCo, Inc. (PEP) shares have gone up +3.97% during the last six months, with a year-to-date growth rate less than the industry average at 9.24% against 22.7%. Yet analysts are ramping up their growth forecast for the fiscal year 2021. Revenue is predicted to grow 4.7% this quarter and then jump 15.9% in the quarter after that. In the rating firms’ projections, revenue will increase 6.8% compared to the previous financial year.
Revenue for the current quarter is expected to be $14.54 Billion as predicted by 14 analyst(s). Meanwhile, a consensus of 14 analyst(s) estimates revenue growth to $17.78 Billion by the end of June 2021. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled $13.88 Billion and $15.38 Billion respectively. In this case, analysts expect current quarter sales to grow by 4.8% and then jump by 15.7% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 6.9%. While earnings are projected to return -1.5% in 2021, the next five years will return 9.2% per annum.
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PEP Dividend Yield
PepsiCo, Inc. is due to release its next quarterly earnings on April 15, 2021. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for PepsiCo, Inc. is 4.09, with the dividend yield indicating at 2.85 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 2.86%.
PepsiCo, Inc. (NASDAQ:PEP)’s Biggest Investors
PepsiCo, Inc. insiders own 0.15% of total outstanding shares while institutional holders control 73.39%, with the float percentage being 73.5%. Vanguard Group, Inc. (The) is the largest shareholder of the company, while 3338 institutions own stock in it. As of Dec 30, 2020, the company held over 121.41 Million shares (or 8.65% of all shares), a total value of $18Billion in shares.
The next largest institutional holding, with 100.06 Million shares, is of Blackrock Inc.’s that is approximately 7.13% of outstanding shares. At the market price on Dec 30, 2020, these shares were valued at $14.84 Billion.
Also, the Mutual Funds coming in first place with the largest holdings of PepsiCo, Inc. (PEP) shares are Vanguard Total Stock Market Index Fund and Vanguard 500 Index Fund. Data provided on Dec 30, 2020 indicates that Vanguard Total Stock Market Index Fund owns about 38,966,462 shares. This amounts to just over 2.77 percent of the company’s overall shares, with a $5.78 Billion market value. The same data shows that the other fund manager holds slightly less at 27.69 Million, or about 1.97% of the stock, which is worth about $4.11 Billion.