PepsiCo Inc. (NASDAQ:PEP) saw a downside of -0.45% to close Monday at $169.12 after subtracting -$0.76 on the day. The 5-day average trading volume is 5,200,980 shares of the company’s common stock. It has gained $177.55 in the past week and touched a new high 1 time within the past 5 days. An average of 4,083,770 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,695,108.
PEP’s 1-month performance is -6.68% or -$13.14 on its low of $167.46 reached on 01/20/23. The company’s shares have touched a 52-week low of $153.37 and high of $186.84, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, PEP has lost -6.39% or -$11.54 and has reached a new high 3 times. However, the current price is down -9.48% from the 52-week high price.
PEP stock investors last saw insider trading activity on Oct 26.Santilli Paula (CEO, Latin America) most recently sold 2,787 shares at $179.63 per share on Oct 26. This transaction cost the insider $500,629. SVP and Controller, Gallagher Marie T., sold 5,558 shares at a price of $180.01 on Oct 26. Then, on Oct 24, Vice Chairman, EVP & CFO Johnston Hugh F sold 23,394 shares at a price of $175.74 per share. This transaction amounted to $4,111,295.
PEP stock has a beta of 0.59. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.78 while the price-to-book (PB) in the most recent quarter is 12.30, with the price to cash flow ratio at 750.50.
PepsiCo Inc.’s quick ratio for the period ended September 29 was 0.70, with the current ratio over the same period at 0.90. As well, the company’s long term debt to equity for the quarter ending September 29 was 1.90, while the total debt to equity was 2.07. In terms of profitability, the gross margin trailing 12 months is 53.20%. The firm’s gross profit as reported stood at $42.4 billion against revenue of $79.47 billion.
For the quarterly period ending September 29 this year, PepsiCo Inc.’s cash and short-term investments amounted to $327.0 million against total debt of $39.25 billion. Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 17.69% to $2.7 billion, while revenue of $1.43 billion was 47.11% off the previous quarter. Analysts expected PEP to announce $1.84 per share in earnings in its latest quarter, but it posted $1.97, representing a 7.10% surprise. EBITDA for the quarter stood at more than $4.13 billion. PEP stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 75.33 billion, with total debt at $39.25 billion. Shareholders hold equity totaling $1.38 billion.
Let’s look briefly at PepsiCo Inc. (PEP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 21.90% to suggest the stock is trending oversold, with historical volatility in this time period at 12.89%.
The stock’s 5-day moving average is $171.26, reflecting a -3.49% or -$6.12 change from its current price. PEP is currently trading -7.33% above its 20-day SMA, -3.08% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -6.41% and SMA200 by-0.22%.
Stochastic %K and %D was 9.26% and 7.61% and the average true range (ATR) pointed at 2.85. The RSI (14) points at 27.85%, while the 14-day stochastic is at 10.84% with the period’s ATR at 2.87. The stock’s 9-day MACD Oscillator is pointing at -4.15 and -6.11 on the 14-day charts.
In the most recent analyst report for PepsiCo Inc. (NASDAQ: PEP), Redburn launched coverage with a Sell rating. Analysts offering their rating for PEP stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate PEP as a “sell,”, while 9 advise that investors “Hold.” 2 analysts have rated the stock as underweight. 3 rates the stock as overweight while 8 have offered a “buy” rating.
What is PEP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $170.00 and a high of $213.60, with their median price target at $190.00. Looking at these predictions, the average price target given by analysts is for PepsiCo Inc. (PEP) stock is $191.81.