Keurig Dr Pepper Inc. (NASDAQ:KDP) finished Thursday with an addition of $0.06 to close at $35.83, an upside of 0.17 percent. An average of 4,759,560 shares of common stock have been traded in the last five days. There was a fall of -$0.70 in the past week, and it reached a new high 13 times over the past 12 months. The last 20 days have seen an average of 7,331,580 shares traded, while the 50-day average volume stands at 7,368,056.
KDP stock has decreased by -5.96% in the last month. The company shares reached their 1-month lowest point of $35.45 on 12/16/22. With the stock rallying to its 52-week high on 08/18/22, shares of the company touched a low of $33.35 and a high of $41.31 in 52 weeks. It has reached a new high 13 times so far this year and lost -2.79% or -$1.03 in price. In spite of this, the price is down -13.27% from the 52-week high.
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KDP stock investors should be aware that Keurig Dr Pepper Inc. (KDP) stock had its last reported insider trading activity 29 days ago on Dec 01. In this transaction, the insider spent $5,983,564. CEO & Executive Chairman, Gamgort Robert James, disposed of 275,000 shares at a price of $38.72 on Dec 01. The insider now owns more than $10,648,000 worth of shares. Prior to that, Executive Chairman Gamgort Robert James went on to Sale 275,000 shares at $38.40 each on Nov 01. An amount of $10,560,335 was transacted.
Keurig Dr Pepper Inc. (KDP) has a trailing price-to-earnings (P/E) ratio of 28.08. The stock’s beta is 0.67. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.71, the price-to-book (PB) ratio at 2.02, and the price-to-cash flow ratio at 31.31.
The company has a payout ratio of 59.20%. The company’s most recent quarterly dividend payment was $0.20 a share, without any change from last year. Its latest increase dividend $0.0125 reported on Wednesday September 14 2022.
The quick ratio of Keurig Dr Pepper Inc. for the three months ended September 29 was 0.40, and the current ratio was 0.60, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.49 and a total debt to equity ratio of 0.49 for the quarter ending September 29. Its gross profit as reported stood at $6.98 billion compared to revenue of $12.68 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 3.60%.
For the three-month period that ended September 29, Keurig Dr Pepper Inc. had $11.56 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $180.0 million in the quarter, while revenues were shrunk -194.44%. The analyst consensus anticipated Keurig Dr Pepper Inc.’s latest quarter earnings to come in at $0.46 per share, but it turned out to be $0.46, a 0.00% surprise. For the quarter, EBITDA amounted to $566.0 million. Shareholders own equity worth $1.42 billion.
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 29 December was 29.99%, suggesting the stock is oversold, with historical volatility in this time frame at 11.41%.
As of today, KDP’s price is $36.07 -1.92% or -$0.70 from its 5-day moving average. KDP is currently trading -7.34% lower than its 20-day SMA and -7.61% lower than its 100-day SMA. However, the stock’s current price level is -6.62% below the SMA50 and -4.04% below the SMA200.
The stochastic %K and %D were 13.89% and 19.65%, respectively, and the average true range (ATR) was 0.60. With the 14-day stochastic at 11.73% and the average true range at 0.64, the RSI (14) stands at 35.29%. The stock has reached -0.27 on the 9-day MACD Oscillator while the 14-day reading was at -0.75.
Truist downgraded Keurig Dr Pepper Inc. (NASDAQ: KDP) to a a Sell rating in its most recent analyst report. Previously, the stock was rated as a Hold. The consensus rating for Keurig Dr Pepper Inc. (KDP) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell KDP, while 9 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 3 analysts, while 7 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 $30.00 and $45.00, with a median target of $42.00. Taking a look at these predictions, the average price target given by analysts for Keurig Dr Pepper Inc. (KDP) stock is $40.53.