Keurig Dr Pepper (KDP) Expected to Announce Quarterly Earnings on Tuesday

Keurig Dr Pepper (NASDAQ:KDP - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Tuesday, February 25th. Analysts expect the company to announce earnings of $0.57 per share and revenue of $4.00 billion for the quarter. Investors interested in listening to the company's conference call can do so using this link.

Keurig Dr Pepper Price Performance

NASDAQ KDP traded up $0.90 during trading hours on Friday, reaching $34.04. The company's stock had a trading volume of 17,594,539 shares, compared to its average volume of 8,814,197. The company has a debt-to-equity ratio of 0.50, a quick ratio of 0.36 and a current ratio of 0.53. The company's 50-day moving average is $31.80 and its two-hundred day moving average is $33.95. Keurig Dr Pepper has a fifty-two week low of $28.61 and a fifty-two week high of $38.28. The stock has a market cap of $46.17 billion, a PE ratio of 20.63, a PEG ratio of 2.39 and a beta of 0.61.

Keurig Dr Pepper Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, April 11th. Stockholders of record on Friday, March 28th will be given a $0.23 dividend. The ex-dividend date is Friday, March 28th. This represents a $0.92 annualized dividend and a dividend yield of 2.70%. Keurig Dr Pepper's dividend payout ratio is presently 55.76%.

Analysts Set New Price Targets

KDP has been the topic of a number of recent research reports. TD Cowen reduced their target price on Keurig Dr Pepper from $39.00 to $36.00 and set a "hold" rating on the stock in a research note on Wednesday, January 8th. Barclays reduced their price objective on Keurig Dr Pepper from $39.00 to $36.00 and set an "overweight" rating on the stock in a research report on Friday, January 17th. UBS Group dropped their price objective on Keurig Dr Pepper from $42.00 to $37.00 and set a "buy" rating for the company in a research report on Thursday, January 16th. Deutsche Bank Aktiengesellschaft upgraded shares of Keurig Dr Pepper from a "hold" rating to a "buy" rating and upped their target price for the company from $37.00 to $39.00 in a report on Thursday, December 12th. Finally, JPMorgan Chase & Co. lowered their price target on shares of Keurig Dr Pepper from $41.00 to $40.00 and set an "overweight" rating for the company in a report on Friday, October 25th. Six investment analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $37.50.

Insider Buying and Selling at Keurig Dr Pepper

In other news, major shareholder Bevco B.V. Jab purchased 3,619,600 shares of the company's stock in a transaction on Wednesday, January 29th. The stock was bought at an average cost of $33.34 per share, for a total transaction of $120,677,464.00. Following the completion of the purchase, the insider now directly owns 218,063,479 shares of the company's stock, valued at $7,270,236,389.86. The trade was a 1.69 % increase in their position. The purchase was disclosed in a document filed with the SEC, which is available at this hyperlink. 1.00% of the stock is owned by company insiders.

About Keurig Dr Pepper

Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.