Keurig Dr Pepper Inc (KDP) Short-Term Forecasts And Estimates

Keurig Dr Pepper Inc (NASDAQ:KDP) has a beta value of 0.62 and has seen 7.18 million shares traded in the last trading session. The company, currently valued at $49.70B, closed the last trade at $36.65 per share which meant it gained $0.27 on the day or 0.74% during that session. The KDP stock price is -4.45% off its 52-week high price of $38.28 and 24.53% above the 52-week low of $27.66. If we look at the company’s 10-day average daily trading volume, we find that it stood at 8.16 million shares traded. The 3-month trading volume is 7.43 million shares.

The consensus among analysts is that Keurig Dr Pepper Inc (KDP) is Buy stock at the moment, with a recommendation rating of 2.15. 0 analysts rate the stock as a Sell, while 0 rate it as Overweight. 4 out of 11 have rated it as a Hold, with 7 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is 0.51.

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Keurig Dr Pepper Inc (NASDAQ:KDP) trade information

Sporting 0.74% in the green in last session, the stock has traded in the green over the last five days, with the highest price hit on recent trading when the KDP stock price touched $36.65 or saw a rise of 0.19%. Year-to-date, Keurig Dr Pepper Inc shares have moved 9.99%, while the 5-day performance has seen it change 1.38%. Over the past 30 days, the shares of Keurig Dr Pepper Inc (NASDAQ:KDP) have changed -2.55%. Short interest in the company has seen 21.77 million shares shorted with days to cover at 3.08.

Wall Street analysts have a consensus price target for the stock at $39, which means that the shares’ value could jump 6.03% from current levels. The projected low price target is $34.0 while the price target rests at a high of $43.0. In that case, then, we find that the current price level is -17.33% off the targeted high while a plunge would see the stock lose 7.23% from current levels.

Keurig Dr Pepper Inc (KDP) estimates and forecasts

Figures show that Keurig Dr Pepper Inc shares have underperformed across the wider relevant industry. The company’s shares have gained 20.44% over the past 6 months, with this year growth rate of 7.26%, compared to 21.10% for the industry. Revenue growth from the last financial year stood is estimated to be 3.80%.

11 analysts offering their estimates for the company have set an average revenue estimate of 3.93B for the current quarter. 11 have an estimated revenue figure of 4.07B for the next ending quarter.

If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 23.74% over the past 5 years. Earnings growth for 2024 is a modest 7.32% while over the next 5 years, the company’s earnings are expected to increase by 7.02%.

KDP Dividends

Keurig Dr Pepper Inc is expected to release its next earnings report in November this year, and investors are excited at the prospect of better dividends despite the company’s debt issue. The forward dividend is 0.88 at a share yield of 2.39%. The company’s dividend yield has gone up over the past 12 months, with a 5 Year Average Dividend Yield of 2.16%.

Keurig Dr Pepper Inc (NASDAQ:KDP)’s Major holders

Insiders own 21.92% of the company shares, while shares held by institutions stand at 74.20% with a share float percentage of 95.03%. Investors are also buoyed by the number of investors in a company, with Keurig Dr Pepper Inc having a total of 1084.0 institutions that hold shares in the company. The top two institutional holders are CAPITAL WORLD INVESTORS with over 110.82 million shares worth more than $3.7 billion. As of 2024-06-30, CAPITAL WORLD INVESTORS held 8.0262% of shares outstanding.

The other major institutional holder is VANGUARD GROUP INC, with the holding of over 95.28 million shares as of 2024-06-30. The firm’s total holdings are worth over $3.18 billion and represent 6.9006% of shares outstanding.

Also the top two Mutual Funds that are holding company’s shares are Washington Mutual Investors Fund and American Balanced Fund . As of Jul 31, 2024 , the former fund manager holds about 3.38% shares in the company for having 47.63 shares of worth $1.75 billion while later fund manager owns 36.88 shares of worth $1.35 billion as of Jun 30, 2024 , which makes it owner of about 2.62% of company’s outstanding stock.