PepsiCo Inc (PEP) Testing Investors’ Patience Right Now

Currently, there are 1.37B common shares owned by the public and among those 1.37B shares have been available to trade.

The company’s stock has a 5-day price change of -0.62% and 5.25% over the past three months. PEP shares are trading 3.04% year to date (YTD), with the 12-month market performance up to 9.00% higher. It has a 12-month low price of $158.03 and touched a high of $183.41 over the same period. PEP has an average intraday trading volume of 5.40 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 1.88%, 0.68%, and 2.32% respectively.

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

Institutional ownership of PepsiCo Inc (NASDAQ: PEP) shares accounts for 75.41% of the company’s 1.37B shares outstanding.

It has a market capitalization of $240.11B and a beta (3y monthly) value of 0.54. The stock’s trailing 12-month PE ratio is 25.80, while the earnings-per-share (ttm) stands at $6.78. The company has a PEG of 4.39 and a Quick Ratio of 0.70 with the debt-to-equity ratio at 2.31. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.39% over the week and 1.41% over the month.

Earnings per share for the fiscal year are expected to increase by 6.96%, and 5.99% over the next financial year. EPS should grow at an annualized rate of 5.87% over the next five years, compared to -5.66% over the past 5-year period.

Looking at the support for the PEP, a number of firms have released research notes about the stock. TD Cowen stated their Hold rating for the stock in a research note on October 10, 2024, with the firm’s price target at $190-$183. Morgan Stanley coverage for the PepsiCo Inc (PEP) stock in a research note released on September 20, 2024 offered a Equal-Weight rating with a price target of $185. DZ Bank was of a view on July 19, 2024 that the stock is Hold, while TD Cowen gave the stock Buy rating on July 03, 2024, issuing a price target of $200- $190. Exane BNP Paribas on their part issued Neutral rating on June 24, 2024.

Most Popular

Related Posts