In the last trading session, 9.16 million shares of the Keurig Dr Pepper Inc (NASDAQ:KDP) were traded, and its beta was 0.62. Most recently the company’s share price was $34.58, and it changed around -$0.36 or -1.03% from the last close, which brings the market valuation of the company to $46.91B. KDP currently trades at a discount to its 52-week high of $38.28, offering almost -10.7% off that amount. The share price’s 52-week low was $28.61, which indicates that the current value has risen by an impressive 17.26% since then. We note from Keurig Dr Pepper Inc’s average daily trading volume that its 10-day average is 9.29 million shares, with the 3-month average coming to 7.62 million.
Keurig Dr Pepper Inc stock received a consensus recommendation rating of Hold, based on a mean score of 2.15. If we narrow it down even further, the data shows that 0 out of 20 analysts rate the stock as a Sell; another 3 rate it as Overweight. Among the rest, 11 recommended KDP as a Hold, whereas 6 deemed it a Buy, and 0 rated it as Underweight. Keurig Dr Pepper Inc is expected to report earnings per share of 0.58 for the current quarter.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Keurig Dr Pepper Inc (NASDAQ:KDP) trade information
Instantly KDP has showed a red trend with a performance of -1.03% at the end of last trading. The performance over the last five days has remained in the red territory. The rise to weekly highs of 37.27 on recent trading dayincreased the stock’s daily price by 7.22%. The company’s shares are currently up 3.78% year-to-date, but still down -6.39% over the last five days. On the other hand, Keurig Dr Pepper Inc (NASDAQ:KDP) is -7.86% down in the 30-day period. We can see from the shorts that 20.65 million shares have been sold at a short interest cover period of 2.57 day(s).
The consensus price target as assigned by Wall Street analysts is $40, which translates to bulls needing to increase their stock price by 13.55% from its current value. Analyst projections state that KDP is forecast to be at a low of $34 and a high of $43.
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 2.55 percent over the past six months and at a 7.26% annual growth rate that is well below the industry average of 16.40%. Moreover, analysts have decided to roll up on their fiscal year 2024 revenue estimates. The rating firms predict that it will gain 5.50% in revenue this quarter, and will report an increase of 5.30% in the next quarter. The year-over-year growth rate is expected to be 3.50%, up from the previous year.
Consensus estimates provided by 11 financial analysts predict the company will bring in an average of 4.02B in revenue for the current quarter. 10 analysts expect Keurig Dr Pepper Inc to make 3.72B in revenue for the current ending quarter. The company’s sales for the same quarters a year ago were 3.87B and 3.41B respectively. Analysts predict that the company’s current quarter sales will jump, forecast at 4.00%. Forecasts for the next quarter put sales growth at 9.20%.
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 7.11% in 2024, but the outlook is positive 7.01% per year for the next five years.
KDP Dividends
Keurig Dr Pepper Inc’s next quarterly earnings report is expected to be released in November. The annual dividend yield of the stock is 2.53 percent and its annual dividend per share was 0.88. It is important to note, however, that the 2.53% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision. The average dividend yield for the past five years averaged 2.16 per year.
Keurig Dr Pepper Inc (NASDAQ:KDP)’s Major holders
Upon looking at major shareholders, it appears that insiders hold 21.92% of Keurig Dr Pepper Inc shares, and 74.37% of them are in the hands of institutional investors. The stock currently has a share float of 95.25%. Keurig Dr Pepper Inc stock is held by 1081.0 institutions, with CAPITAL WORLD INVESTORS being the largest institutional investor. By 2024-06-30, it held 8.0262% of the shares, which is about 110.82 million shares worth $3.7 billion.
VANGUARD GROUP INC, with 6.9006% or 95.28 million shares worth $3.18 billion as of 2024-06-30, holds the second largest percentage of outstanding shares.
