$1.24 Earnings Per Share Expected for PepsiCo, Inc. (NASDAQ:PEP) This Quarter

Equities research analysts forecast that PepsiCo, Inc. (NASDAQ:PEPGet Rating) will report earnings per share (EPS) of $1.24 for the current quarter, according to Zacks. Five analysts have provided estimates for PepsiCo’s earnings. The lowest EPS estimate is $1.21 and the highest is $1.27. PepsiCo posted earnings of $1.21 per share during the same quarter last year, which would indicate a positive year-over-year growth rate of 2.5%. The business is scheduled to announce its next quarterly earnings results before the market opens on Monday, January 1st.

On average, analysts expect that PepsiCo will report full year earnings of $6.66 per share for the current year, with EPS estimates ranging from $6.53 to $6.78. For the next year, analysts expect that the business will report earnings of $7.16 per share, with EPS estimates ranging from $6.98 to $7.26. Zacks’ earnings per share averages are an average based on a survey of sell-side research analysts that cover PepsiCo.

PepsiCo (NASDAQ:PEPGet Rating) last released its quarterly earnings data on Thursday, February 10th. The company reported $1.53 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $1.53. PepsiCo had a return on equity of 56.42% and a net margin of 9.59%. The firm had revenue of $25.25 billion during the quarter, compared to the consensus estimate of $24.24 billion. During the same quarter in the previous year, the company posted $1.47 earnings per share. The company’s quarterly revenue was up 12.4% on a year-over-year basis.

Several brokerages have recently issued reports on PEP. Credit Suisse Group decreased their price target on shares of PepsiCo from $166.00 to $164.00 and set a “neutral” rating for the company in a research note on Friday, February 11th. Deutsche Bank Aktiengesellschaft raised their price target on shares of PepsiCo from $171.00 to $173.00 and gave the company a “hold” rating in a report on Tuesday. JPMorgan Chase & Co. lowered their price objective on shares of PepsiCo from $185.00 to $180.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 30th. Zacks Investment Research upgraded shares of PepsiCo from a “sell” rating to a “hold” rating and set a $180.00 target price on the stock in a research report on Monday, April 4th. Finally, DZ Bank cut shares of PepsiCo from a “buy” rating to a “hold” rating and set a $180.00 price objective on the stock. in a research report on Tuesday, February 15th. Eight equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Buy” and a consensus target price of $173.31.

NASDAQ:PEP opened at $171.90 on Wednesday. The company has a debt-to-equity ratio of 2.23, a quick ratio of 0.66 and a current ratio of 0.83. The firm has a market cap of $237.68 billion, a price-to-earnings ratio of 31.31, a price-to-earnings-growth ratio of 3.42 and a beta of 0.65. PepsiCo has a 52 week low of $141.42 and a 52 week high of $177.24. The firm has a 50-day moving average price of $165.89 and a two-hundred day moving average price of $165.93.

The business also recently announced a quarterly dividend, which was paid on Thursday, March 31st. Investors of record on Friday, March 4th were paid a $1.075 dividend. This represents a $4.30 dividend on an annualized basis and a yield of 2.50%. The ex-dividend date of this dividend was Thursday, March 3rd. PepsiCo’s dividend payout ratio (DPR) is presently 78.32%.

Hedge funds and other institutional investors have recently made changes to their positions in the business. West Oak Capital LLC boosted its stake in shares of PepsiCo by 0.4% in the 4th quarter. West Oak Capital LLC now owns 14,389 shares of the company’s stock valued at $2,500,000 after purchasing an additional 60 shares during the last quarter. Lenox Wealth Advisors LLC grew its position in PepsiCo by 4.1% in the 4th quarter. Lenox Wealth Advisors LLC now owns 1,530 shares of the company’s stock valued at $266,000 after purchasing an additional 60 shares during the period. Colton Groome Financial Advisors LLC increased its stake in PepsiCo by 1.4% during the 4th quarter. Colton Groome Financial Advisors LLC now owns 4,355 shares of the company’s stock valued at $757,000 after purchasing an additional 60 shares in the last quarter. Sugarloaf Wealth Management LLC increased its stake in PepsiCo by 3.5% during the 4th quarter. Sugarloaf Wealth Management LLC now owns 1,755 shares of the company’s stock valued at $305,000 after purchasing an additional 60 shares in the last quarter. Finally, Donald L. Hagan LLC boosted its holdings in PepsiCo by 1.2% during the 4th quarter. Donald L. Hagan LLC now owns 5,118 shares of the company’s stock worth $889,000 after acquiring an additional 60 shares during the last quarter. Institutional investors and hedge funds own 71.08% of the company’s stock.

PepsiCo Company Profile (Get Rating)

PepsiCo, Inc manufactures, markets, distributes, and sells various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

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Earnings History and Estimates for PepsiCo (NASDAQ:PEP)

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