Pepsico, Inc. (NYSE:PEP) opened at 106.10 on Monday. The company has a 50-day moving average price of $104.03 and a 200-day moving average price of $105.51. Pepsico, Inc. has a 1-year low of $97.54 and a 1-year high of $110.94. The company has a market cap of $152.17 billion, a PE ratio of 23.28 and a beta of 0.53.
Pepsico, Inc. (NYSE:PEP) is scheduled to announce its Q416 earnings results on Wednesday, February 15th. Analysts expect the company to announce earnings of $1.16 per share and revenue of $19.60 billion for the quarter.
The company also recently announced a quarterly dividend, which will be paid on Friday, March 31st. Investors of record on Friday, March 3rd will be paid a dividend of $0.7525 per share. This represents a $3.01 dividend on an annualized basis and a dividend yield of 2.84%. The ex-dividend date of this dividend is Wednesday, March 1st. Pepsico’s dividend payout ratio (DPR) is 66.01%.
A number of research firms recently weighed in on PEP. Vetr cut shares of Pepsico from a “buy” rating to a “hold” rating and set a $106.67 target price on the stock. in a research note on Wednesday, January 18th. Susquehanna Bancshares Inc reiterated a “hold” rating and issued a $120.00 price target on shares of Pepsico in a report on Monday, January 9th. Barclays PLC began coverage on shares of Pepsico in a report on Monday, January 9th. They issued an “equal weight” rating and a $102.00 price target on the stock. Zacks Investment Research upgraded shares of Pepsico from a “sell” rating to a “hold” rating in a report on Friday, January 6th. Finally, Societe Generale upgraded shares of Pepsico from a “hold” rating to a “buy” rating in a report on Monday, December 12th. Nine analysts have rated the stock with a hold rating and twelve have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of $114.11.
Pepsico Company Profile
PepsiCo, Inc is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Company operates through six segments, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa.