PepsiCo (PEP) to Release Quarterly Earnings on Tuesday

PepsiCo (NASDAQ:PEP - Get Free Report) is anticipated to post its quarterly earnings results before the market opens on Tuesday, February 4th. Analysts expect PepsiCo to post earnings of $1.95 per share and revenue of $27.89 billion for the quarter. Persons that are interested in registering for the company's earnings conference call can do so using this link.

PepsiCo Stock Performance

Shares of NASDAQ PEP traded down $4.36 during midday trading on Tuesday, hitting $150.25. The company's stock had a trading volume of 6,279,510 shares, compared to its average volume of 6,878,462. The stock has a fifty day moving average price of $153.81 and a 200 day moving average price of $165.28. The firm has a market capitalization of $206.14 billion, a price-to-earnings ratio of 22.16, a P/E/G ratio of 2.86 and a beta of 0.54. PepsiCo has a one year low of $141.51 and a one year high of $183.41. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 1.96.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 6th were given a dividend of $1.355 per share. The ex-dividend date was Friday, December 6th. This represents a $5.42 annualized dividend and a dividend yield of 3.61%. PepsiCo's dividend payout ratio is currently 79.94%.

Analysts Set New Price Targets

A number of analysts recently issued reports on PEP shares. Barclays decreased their price objective on PepsiCo from $183.00 to $158.00 and set an "overweight" rating on the stock in a research note on Friday, January 17th. Piper Sandler assumed coverage on shares of PepsiCo in a report on Tuesday, January 7th. They issued an "overweight" rating and a $171.00 price target on the stock. Royal Bank of Canada reduced their price objective on shares of PepsiCo from $177.00 to $176.00 and set a "sector perform" rating for the company in a research note on Friday, October 4th. Redburn Atlantic raised shares of PepsiCo to a "strong sell" rating in a report on Thursday, October 10th. Finally, Wells Fargo & Company decreased their price target on shares of PepsiCo from $170.00 to $155.00 and set an "equal weight" rating on the stock in a report on Tuesday, January 7th. One investment analyst has rated the stock with a sell rating, nine have assigned 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 "Hold" and a consensus price target of $177.00.

PepsiCo Company Profile

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.