Keurig Dr Pepper Inc. (NASDAQ:KDP – Get Rating) has earned a consensus rating of “Hold” from the ten analysts that are currently covering the stock, Marketbeat reports. One analyst has rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $37.56.
Several research firms recently issued reports on KDP. JPMorgan Chase & Co. raised their target price on shares of Keurig Dr Pepper from $40.00 to $41.00 in a research report on Tuesday, April 18th. Barclays dropped their price target on shares of Keurig Dr Pepper from $42.00 to $37.00 in a research note on Friday, April 28th. Citigroup assumed coverage on shares of Keurig Dr Pepper in a research note on Thursday, February 16th. They issued a “neutral” rating and a $37.00 price target for the company. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Keurig Dr Pepper from $36.00 to $35.00 in a research note on Friday, April 28th. Finally, StockNews.com upgraded shares of Keurig Dr Pepper from a “hold” rating to a “buy” rating in a research note on Friday, April 28th.
Insider Activity at Keurig Dr Pepper
In related news, insider Matthew Andrew Archambault sold 14,000 shares of Keurig Dr Pepper stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $32.39, for a total value of $453,460.00. Following the completion of the transaction, the insider now directly owns 40,878 shares of the company’s stock, valued at $1,324,038.42. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In other news, CFO Sudhanshu Shekhar Priyadarshi acquired 20,000 shares of the company’s stock in a transaction on Monday, February 27th. The stock was purchased at an average cost of $35.59 per share, with a total value of $711,800.00. Following the acquisition, the chief financial officer now owns 30,000 shares of the company’s stock, valued at approximately $1,067,700. The acquisition was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, insider Matthew Andrew Archambault sold 14,000 shares of the business’s stock in a transaction dated Thursday, May 11th. The stock was sold at an average price of $32.39, for a total value of $453,460.00. Following the sale, the insider now directly owns 40,878 shares of the company’s stock, valued at $1,324,038.42. The disclosure for this sale can be found here. Over the last ninety days, insiders acquired 75,741 shares of company stock valued at $2,620,896 and sold 30,036,700 shares valued at $1,033,806,382. 1.00% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On Keurig Dr Pepper
Keurig Dr Pepper Stock Down 0.1 %
Shares of NASDAQ:KDP opened at $31.83 on Friday. The stock has a market cap of $44.68 billion, a P/E ratio of 34.23, a P/E/G ratio of 2.67 and a beta of 0.57. The firm has a fifty day moving average price of $34.40 and a 200 day moving average price of $35.16. The company has a debt-to-equity ratio of 0.40, a current ratio of 0.39 and a quick ratio of 0.24. Keurig Dr Pepper has a 1-year low of $31.64 and a 1-year high of $41.31.
Keurig Dr Pepper (NASDAQ:KDP – Get Rating) last announced its quarterly earnings data on Thursday, April 27th. The company reported $0.34 EPS for the quarter, beating the consensus estimate of $0.33 by $0.01. Keurig Dr Pepper had a net margin of 9.20% and a return on equity of 9.52%. The firm had revenue of $3.35 billion during the quarter, compared to analysts’ expectations of $3.30 billion. During the same quarter last year, the business earned $0.33 earnings per share. The business’s revenue for the quarter was up 8.9% compared to the same quarter last year. Sell-side analysts predict that Keurig Dr Pepper will post 1.78 EPS for the current year.
Keurig Dr Pepper Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 14th. Stockholders of record on Friday, June 30th will be given a $0.20 dividend. This represents a $0.80 dividend on an annualized basis and a dividend yield of 2.51%. The ex-dividend date is Thursday, June 29th. Keurig Dr Pepper’s dividend payout ratio is 86.02%.
Keurig Dr Pepper Company Profile
Keurig Dr Pepper, Inc engages in the production and marketing of non-alcoholic beverages. It operates through the following segments: Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages. The Coffee Systems segment includes the manufacture and distribution of finished goods relating to coffee, pods, and brewers.
- Get a free copy of the StockNews.com research report on Keurig Dr Pepper (KDP)
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