PepsiCo, Inc. (NASDAQ:PEP) Given Average Rating of “Hold” by Analysts

PepsiCo, Inc. (NASDAQ:PEP) has earned a consensus rating of “Hold” from the twenty-three ratings firms that are presently covering the company, Marketbeat reports. One analyst has rated the stock with a sell recommendation, ten have issued a hold recommendation and twelve have assigned a buy recommendation to the company. The average 12 month price objective among brokers that have covered the stock in the last year is $128.53.

Several research firms have issued reports on PEP. Argus increased their target price on Lululemon Athletica to $200.00 and gave the stock a “buy” rating in a research report on Thursday, July 11th. Bank of America set a $25.00 target price on Levi Strauss & Co. and gave the stock a “hold” rating in a research report on Wednesday, July 10th. SunTrust Banks restated a “hold” rating and set a $125.00 target price on shares of PepsiCo in a research report on Wednesday, July 10th. Cowen increased their target price on PepsiCo from $142.00 to $150.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 10th. Finally, BidaskClub upgraded Xilinx from a “hold” rating to a “buy” rating in a research report on Saturday, June 29th.

In other news, EVP David Yawman sold 25,263 shares of the business’s stock in a transaction dated Friday, April 26th. The stock was sold at an average price of $126.42, for a total value of $3,193,748.46. Following the completion of the sale, the executive vice president now owns 80,934 shares of the company’s stock, valued at approximately $10,231,676.28. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Also, CEO Steven C. Williams sold 2,420 shares of the business’s stock in a transaction dated Thursday, July 11th. The shares were sold at an average price of $133.95, for a total value of $324,159.00. Following the completion of the sale, the chief executive officer now directly owns 54,920 shares of the company’s stock, valued at approximately $7,356,534. The disclosure for this sale can be found here. In the last three months, insiders sold 50,914 shares of company stock valued at $6,497,864. 0.28% of the stock is currently owned by corporate insiders.

Large investors have recently made changes to their positions in the stock. Meag Munich Ergo Kapitalanlagegesellschaft MBH grew its holdings in shares of PepsiCo by 13.6% during the 2nd quarter. Meag Munich Ergo Kapitalanlagegesellschaft MBH now owns 67,797 shares of the company’s stock worth $8,944,000 after acquiring an additional 8,108 shares during the period. Intl Fcstone Inc. grew its holdings in shares of PepsiCo by 11.6% during the 2nd quarter. Intl Fcstone Inc. now owns 3,278 shares of the company’s stock worth $430,000 after acquiring an additional 341 shares during the period. Howland Capital Management LLC grew its holdings in shares of PepsiCo by 2.6% during the 2nd quarter. Howland Capital Management LLC now owns 62,306 shares of the company’s stock worth $8,170,000 after acquiring an additional 1,590 shares during the period. Allied Investment Advisors LLC grew its holdings in shares of PepsiCo by 1.0% during the 2nd quarter. Allied Investment Advisors LLC now owns 32,791 shares of the company’s stock worth $4,300,000 after acquiring an additional 333 shares during the period. Finally, Searle & CO. grew its holdings in shares of PepsiCo by 1.4% during the 2nd quarter. Searle & CO. now owns 24,850 shares of the company’s stock worth $3,259,000 after acquiring an additional 340 shares during the period. Institutional investors own 70.93% of the company’s stock.

Shares of PepsiCo stock traded down $0.67 on Friday, hitting $133.13. The company had a trading volume of 148,452 shares, compared to its average volume of 4,497,899. The firm has a market capitalization of $187.34 billion, a PE ratio of 23.53, a price-to-earnings-growth ratio of 3.48 and a beta of 0.60. PepsiCo has a 1 year low of $104.53 and a 1 year high of $135.24. The stock’s 50 day simple moving average is $132.17. The company has a debt-to-equity ratio of 1.97, a current ratio of 0.86 and a quick ratio of 0.66.

PepsiCo (NASDAQ:PEP) last issued its quarterly earnings data on Tuesday, July 9th. The company reported $1.54 EPS for the quarter, topping the consensus estimate of $1.49 by $0.05. The firm had revenue of $16.45 billion during the quarter, compared to the consensus estimate of $16.44 billion. PepsiCo had a return on equity of 59.50% and a net margin of 19.59%. The company’s quarterly revenue was up 2.2% compared to the same quarter last year. During the same period in the prior year, the business posted $1.61 earnings per share. As a group, analysts anticipate that PepsiCo will post 5.51 EPS for the current year.

The business also recently disclosed a quarterly dividend, which will be paid on Monday, September 30th. Stockholders of record on Friday, September 6th will be issued a $0.955 dividend. The ex-dividend date is Thursday, September 5th. This represents a $3.82 annualized dividend and a dividend yield of 2.87%. PepsiCo’s dividend payout ratio is currently 67.49%.

PepsiCo Company Profile

PepsiCo, Inc operates as a food and beverage company worldwide. The company's Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay's potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap'n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.

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Analyst Recommendations for PepsiCo (NASDAQ:PEP)

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