Hopkins Herbert Derek Acquires Keurig Dr Pepper Inc. (KDP) Shares

Keurig Dr Pepper Inc. (NASDAQ:KDP) finished Wednesday with an addition of $0.75 to close at $35.91, an upside of 2.13 percent. An average of 7,876,560 shares of common stock have been traded in the last five days. There was a gain of $1.80 in the past week. The last 20 days have seen an average of 8,459,210 shares traded, while the 50-day average volume stands at 5,813,572.

KDP stock has increased by 2.54% in the last month. The company shares reached their 1-month lowest point of $32.44 on 10/04/21. With the stock rallying to its 52-week high on 05/27/21, shares of the company touched a low of $26.67 and a high of $37.11 in 52 weeks. In spite of this, the price is down -3.23% from the 52-week high.


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Insider Transactions

34 days have passed since Keurig Dr Pepper Inc. (KDP) last reported insider trading activity. Hopkins Herbert Derek, who is President, Cold Beverages, most recently acquired $38,513 shares at $35.04 per share on Sep 10. In this transaction, the insider spent $1,349,576. Director, Mondelez International, Inc., disposed of 14,706,000 shares at a price of $34.00 on Aug 02. The insider now owns more than $500,004,000 worth of shares. Prior to that, Director Mondelez International, Inc. went on to Sale 28,000,000 shares at $35.62 each on Jun 07. An amount of $997,360,000 was transacted.

Valuation Metrics

Keurig Dr Pepper Inc. (KDP) has a trailing price-to-earnings (P/E) ratio of 30.74, which compares with the 18.70 for the broader industry and 24.47 for the sector. In the last five years, Keurig Dr Pepper Inc.’s PE ratio has ranged between 55.73 and 5.386. The stock’s beta is 0.72. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 4.17, the price-to-book (PB) ratio at 2.10, and the price-to-cash flow ratio at 39.21.

Keurig Dr Pepper Inc. pays a $0.75 dividend per share annually. It offers a dividend yield of 2.09%. The company has a payout ratio of 54.70%. The company’s most recent quarterly dividend payment was $0.1875 a share, without any change from last year. Its latest increase dividend $0.0375 reported on Tuesday May 25 2021. Dividends have grown by -74.14% each year over the last three years.

Keurig Dr Pepper Inc. will next go ex-dividend on 5-Jan. The next dividend payment Keurig Dr Pepper Inc. will make is expected to be $0.1875.

The quick ratio of Keurig Dr Pepper Inc. for the three months ended June 29 was 0.20, and the current ratio was 0.40, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.51 and a total debt to equity ratio of 0.57 for the quarter ending June 29. On the profitability front, the trailing 12-month gross margin is 56.50% against a 5-year average of 56.9%. Keurig Dr Pepper Inc.’s EBITDA margin for the year ending June 29 is 28.27%, while its operating margin for the same period stands at 22.20%. Its gross profit as reported stood at $6.49 billion compared to revenue of $11.62 billion.

For investors, determining the potential profitability of the investment also depends on the performance of the company’s management. In the past 12 months, Keurig Dr Pepper Inc.’s return on assets was 3.30%, compared to 5.4% over the last five years. In the past year, the return on investment has been 5.20%, and the 5-year average is 9.4%. Meanwhile, the return on equity (ROE) for the past 12 months has been 6.90% and the 5-year average holds at 20.4%. For the broader industry, ROE averaged 14.55 over the past year.

Earnings Surprise

In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $3.14 billion in the quarter, while revenues of $2.9 billion were grew 8.79%. The analyst consensus anticipated Keurig Dr Pepper Inc.’s latest quarter earnings to come in at $0.37 per share, but it turned out to be $0.38, a 2.70% surprise. For the quarter, EBITDA amounted to $912.0 million. Shareholders own equity worth $1.42 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at Keurig Dr Pepper Inc. (KDP) price momentum. RSI 9-day as of the close on 13 October was 69.17%, suggesting the stock is Neutral, with historical volatility in this time frame at 27.35%.

As of today, KDP’s price is $35.25 +5.28% or $1.80 from its 5-day moving average. KDP is currently trading +1.38% higher than its 20-day SMA and -0.91% lower than its 100-day SMA. However, the stock’s current price level is +3.13% above the SMA50 and +12.25% above the SMA200.

The stochastic %K and %D were 96.42% and 94.35%, respectively, and the average true range (ATR) was 0.72. With the 14-day stochastic at 99.43% and the average true range at 0.69, the RSI (14) stands at 62.57%. The stock has reached 0.99 on the 9-day MACD Oscillator while the 14-day reading was at 1.08.

Analyst Ratings

Wells Fargo upgraded Keurig Dr Pepper Inc. (NASDAQ: KDP) to a an Overweight rating in its most recent analyst report. Previously, the stock was rated as a an Equal weight.The consensus rating for Keurig Dr Pepper Inc. (KDP) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KDP, while 8 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 9 others rate it as a “buy”.

What is KDP’s price target for the next 12 months?

Analysts predict a range of price targets between $33.00 and $45.00, with a median target of $40.00. Taking a look at these predictions, the average price target given by analysts for Keurig Dr Pepper Inc. (KDP) stock is $38.98.

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