Keurig Dr Pepper Inc. (NASDAQ:KDP)’s traded shares stood at 3.04 million during the latest session, with the company’s beta value hitting 0.72. At the last check today, the stock’s price was $35.04, to imply a decrease of -1.27% or -$0.45 in intraday trading. The KDP share’s 52-week high remains $37.11, putting it -5.91% down since that peak but still an impressive 23.89% since price per share fell to its 52-week low of $26.67. The company has a valuation of $50.31B, with an average of 3.81 million shares in intraday trading volume over the past 10 days and average of 4.77 million shares over the past 3 months.
Analysts have given a consensus recommendation of an Overweight for Keurig Dr Pepper Inc. (KDP), translating to a mean rating of 2.20. Of 21 analyst(s) looking at the stock, 0 analyst(s) give KDP a Sell rating. 3 of those analysts rate the stock as Overweight while 8 advise Hold as 9 recommend it as a Buy. 1 analyst(s) have given it an Underweight rating. Estimates put the company’s current-quarter earnings per share at $0.44.
Keurig Dr Pepper Inc. (NASDAQ:KDP) trade information
After registering a -1.27% downside in the latest session, Keurig Dr Pepper Inc. (KDP) has traded red over the past five days. The stock hit a weekly high of 35.58 this Thursday, 09/16/21, dropping -1.27% in its intraday price action. The 5-day price performance for the stock is 1.89%, and 2.42% over 30 days. With these gigs, the year-to-date price performance is 10.91%. Short interest in Keurig Dr Pepper Inc. (NASDAQ:KDP) saw shorts transact 20.79 million shares and set a 4.29 days time to cover.
Analysts on Wall Street suggest a consensus price target of $39.48, implying an increase of 11.25% to the stock’s recent value. The extremes give us $33.00 and $46.00 for target low and target high price respectively. As such, KDP has been trading -31.28% off suggested target high and 5.82% from its likely low.
Keurig Dr Pepper Inc. (KDP) estimates and forecasts
Looking at statistics comparing Keurig Dr Pepper Inc. share performance against respective industry, we note that the company has underperformed competitors. Keurig Dr Pepper Inc. (KDP) shares are 4.72% up over the last 6 months, with its year-to-date growth rate lower than industry average at 15.00% against 27.30%. Revenue is forecast to grow 12.80% this quarter before jumping 17.90% for the next one. The rating firms project that company’s revenue will grow 7.30% compared to the previous financial year.
Revenue forecast for the current quarter as set by 13 analysts is $3.16 billion. Meanwhile, for the quarter ending Dec 2021, a total of 13 analyst(s) estimate revenue growth to $3.26 billion.Earnings reports from the last fiscal year show that sales brought in $3.02 billion and $3.12 billion respectively in the corresponding quarters. In this case, analysts estimate current quarter sales to rise 4.70% before jumping 4.60% in the following quarter.
An assessment of the company’s 5-year growth patterns shows that annual earnings shrunk an estimated -24.80% for the past 5-year period. While 2021 is set for a 7.90% return in earnings, projections for the next 5 years are at 9.52% annually.
Keurig Dr Pepper Inc. has its next earnings report out between October 27 and November 01. However, it is important to take into account that this dividend yield ratio is just an indicator to only serve the purpose of guidance. Investors interested to invest in the stock should ponder company’s other fundamental and operations related aspects too. Keurig Dr Pepper Inc. has a forward dividend ratio of 0.75, with the share yield ticking at 2.11% to continue the rising pattern observed over the past year. The company’s average dividend yield trailing the past 5-year period is 2.61%.
Keurig Dr Pepper Inc. (NASDAQ:KDP)’s Major holders
Keurig Dr Pepper Inc. insiders hold 40.25% of total outstanding shares, with institutional holders owning 47.72% of the shares at 79.87% float percentage. In total, 47.72% institutions holds shares in the company, led by BDT Capital Partners, LLC. As of Jun 29, 2021, the company held over 114.42 million shares (or 8.13% of shares), all amounting to roughly $4.03 billion.
The next major institution holding the largest number of shares is Capital Research Global Investors with 58.52 million shares, or about 4.16% of shares outstanding. As of the market price on Jun 29, 2021, these shares were worth $2.06 billion.
We also have Washington Mutual Investors Fund and American Mutual Fund Inc as the top two Mutual Funds with the largest holdings of the Keurig Dr Pepper Inc. (KDP) shares. Going by data provided on Jun 29, 2021, Washington Mutual Investors Fund holds roughly 28.37 million shares. This is just over 2.02% of the total shares, with a market valuation of $999.7 million. Data from the same date shows that the other fund manager holds a little less at 27.21 million, or 1.93% of the shares, all valued at about 959.03 million.