In the last trading session, 7.89 million shares of the Keurig Dr Pepper Inc (NASDAQ:KDP) were traded, and its beta was 0.63. Most recently the company’s share price was $31.76, and it changed around $0.0 or 0.00% from the last close, which brings the market valuation of the company to $44.07B. KDP currently trades at a discount to its 52-week high of $35.99, offering almost -13.32% off that amount. The share price’s 52-week low was $27.66, which indicates that the current value has risen by an impressive 12.91% since then. We note from Keurig Dr Pepper Inc’s average daily trading volume that its 3-month average coming to 11.09 million.
Keurig Dr Pepper Inc (NASDAQ:KDP) trade information
The performance over the last five days has remained in the green territory. The company’s shares are currently down -4.68% year-to-date, but still up 4.34% over the last five days. On the other hand, Keurig Dr Pepper Inc (NASDAQ:KDP) is 6.58% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $39.44, which translates to bulls needing to increase their stock price by 19.47% from its current value. Analyst projections state that KDP is forecast to be at a low of $35 and a high of $46.
Keurig Dr Pepper Inc (KDP) estimates and forecasts
Keurig Dr Pepper Inc share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 10.86 percent over the past six months and at a 6.70% annual growth rate that is well below the industry average of 21.10%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 2.90% in revenue this quarter, and will report an increase of 9.50% in the next quarter. The year-over-year growth rate is expected to be 3.80%, up from the previous year.
Consensus estimates provided by 14 financial analysts predict the company will bring in an average of $3.41 billion in revenue for the current quarter. 13 analysts expect Keurig Dr Pepper Inc to make $3.93 billion in revenue for the quarter ending Jun 2024. The company’s sales for the same quarters a year ago were $3.35 billion and $3.69 billion respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 1.60%. Forecasts for the next quarter put sales growth at 6.40%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 23.74%. Keurig Dr Pepper Inc earnings are expected to increase by 6.64% in 2024, but the outlook is positive 7.12% per year for the next five years.
KDP Dividends
Keurig Dr Pepper Inc’s next quarterly earnings report is expected to be released in May. The annual dividend yield of the stock is 2.66 percent and its annual dividend per share was 0.84. It is important to note, however, that the 2.66% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
