PepsiCo, Inc. (NASDAQ:PEP) Receives Average Rating of “Moderate Buy” from Analysts

Shares of PepsiCo, Inc. (NASDAQ:PEPGet Free Report) have earned an average recommendation of “Moderate Buy” from the eleven analysts that are presently covering the firm, Marketbeat Ratings reports. Four analysts have rated the stock with a hold rating and seven have given a buy rating to the company. The average 12 month price target among brokerages that have issued ratings on the stock in the last year is $187.77.

PEP has been the subject of a number of recent research reports. Wedbush reissued an “outperform” rating and issued a $195.00 target price on shares of PepsiCo in a research report on Friday, February 9th. Morgan Stanley raised PepsiCo from an “equal weight” rating to an “overweight” rating and set a $190.00 target price for the company in a research report on Monday, March 18th. StockNews.com downgraded PepsiCo from a “buy” rating to a “hold” rating in a research note on Monday, February 12th. Royal Bank of Canada restated a “sector perform” rating and issued a $180.00 price target on shares of PepsiCo in a research note on Monday, February 12th. Finally, Barclays raised their price target on PepsiCo from $179.00 to $183.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 13th.

Get Our Latest Report on PepsiCo

PepsiCo Price Performance

Shares of PEP stock opened at $175.01 on Monday. PepsiCo has a twelve month low of $155.83 and a twelve month high of $196.88. The business has a fifty day simple moving average of $168.44 and a 200 day simple moving average of $167.94. The company has a quick ratio of 0.68, a current ratio of 0.85 and a debt-to-equity ratio of 2.02. The company has a market cap of $240.55 billion, a P/E ratio of 26.64, a P/E/G ratio of 2.74 and a beta of 0.53.

PepsiCo (NASDAQ:PEPGet Free Report) last released its earnings results on Friday, February 9th. The company reported $1.78 EPS for the quarter, topping the consensus estimate of $1.72 by $0.06. PepsiCo had a return on equity of 58.03% and a net margin of 9.92%. The business had revenue of $27.84 billion during the quarter, compared to analysts’ expectations of $28.40 billion. During the same quarter last year, the firm posted $1.67 earnings per share. The firm’s revenue was down .6% on a year-over-year basis. On average, sell-side analysts forecast that PepsiCo will post 8.15 EPS for the current fiscal year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Monday, April 1st. Investors of record on Friday, March 1st will be given a $1.265 dividend. The ex-dividend date of this dividend is Thursday, February 29th. This represents a $5.06 annualized dividend and a yield of 2.89%. PepsiCo’s dividend payout ratio is currently 77.02%.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. DHJJ Financial Advisors Ltd. bought a new position in PepsiCo in the third quarter worth approximately $25,000. Pacifica Partners Inc. bought a new position in PepsiCo in the third quarter worth approximately $27,000. LFA Lugano Financial Advisors SA raised its stake in PepsiCo by 80.5% in the fourth quarter. LFA Lugano Financial Advisors SA now owns 157 shares of the company’s stock worth $27,000 after buying an additional 70 shares in the last quarter. Fortis Group Advisors LLC raised its stake in PepsiCo by 100.0% in the fourth quarter. Fortis Group Advisors LLC now owns 194 shares of the company’s stock worth $33,000 after buying an additional 97 shares in the last quarter. Finally, Life Planning Partners Inc bought a new position in PepsiCo in the fourth quarter worth approximately $34,000. Hedge funds and other institutional investors own 73.07% of the company’s stock.

PepsiCo Company Profile

(Get Free Report

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of 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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Analyst Recommendations for PepsiCo (NASDAQ:PEP)

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