PepsiCo (NASDAQ:PEP - Get Free Report) released its earnings results on Thursday. The company reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.52 by ($0.04), Zacks reports. The firm had revenue of $17.92 billion for the quarter, compared to the consensus estimate of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. PepsiCo updated its FY 2025 guidance to 7.920-7.920 EPS.
PepsiCo Stock Down 4.9 %
NASDAQ PEP traded down $7.02 on Thursday, reaching $135.24. 12,206,443 shares of the stock traded hands, compared to its average volume of 6,144,682. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The company has a fifty day moving average price of $148.07 and a 200-day moving average price of $154.40. The company has a market cap of $185.46 billion, a price-to-earnings ratio of 19.46, a PEG ratio of 3.09 and a beta of 0.49. PepsiCo has a 12 month low of $134.58 and a 12 month high of $183.41.
PepsiCo Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were paid a $1.355 dividend. The ex-dividend date of this dividend was Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a yield of 4.01%. PepsiCo's dividend payout ratio is currently 77.99%.
Institutional Inflows and Outflows
An institutional investor recently raised its position in PepsiCo stock. Brighton Jones LLC raised its stake in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 12.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 59,392 shares of the company's stock after acquiring an additional 6,574 shares during the quarter. Brighton Jones LLC's holdings in PepsiCo were worth $9,031,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 73.07% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently commented on PEP. Morgan Stanley decreased their price objective on shares of PepsiCo from $185.00 to $168.00 and set an "equal weight" rating on the stock in a research report on Wednesday, February 5th. JPMorgan Chase & Co. upped their price objective on PepsiCo from $158.00 to $159.00 and gave the stock a "neutral" rating in a research note on Monday. Jefferies Financial Group downgraded PepsiCo from a "buy" rating to a "hold" rating and decreased their target price for the company from $171.00 to $170.00 in a research note on Wednesday, March 12th. Bank of America restated a "neutral" rating and issued a $155.00 price target (down from $185.00) on shares of PepsiCo in a research note on Tuesday, April 15th. Finally, Deutsche Bank Aktiengesellschaft lowered their target price on shares of PepsiCo from $184.00 to $178.00 and set a "buy" rating on the stock in a report on Wednesday, January 22nd. One investment analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have issued a buy rating to the company's stock. Based on data from MarketBeat, PepsiCo presently has a consensus rating of "Hold" and a consensus target price of $165.50.
Read Our Latest Research Report on PepsiCo
PepsiCo Company Profile
(
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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.
Further Reading
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