Keurig Dr Pepper Inc. (NASDAQ:KDP) saw a downside of -0.06% to close Monday at $34.69 after subtracting -$0.02 on the day. The 5-day average trading volume is 7,419,320 shares of the company’s common stock. It has gained $36.09 in the past week and touched a new high 1 time within the past 5 days. An average of 6,037,000 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 7,129,968.
KDP’s 1-month performance is -4.33% or -$1.68 on its low of $34.19 reached on 01/20/23. The company’s shares have touched a 52-week low of $33.35 and high of $41.31, with the stock’s rally to the 52-week high happening on 01/09/23. YTD, KDP has lost -2.72% or -$0.97 and has reached a new high 4 times. However, the current price is down -16.03% from the 52-week high price.
KDP stock investors last saw insider trading activity on Jan 18.Gamgort Robert James (CEO & Executive Chairman) most recently sold 125,000 shares at $36.03 per share on Jan 06. This transaction cost the insider $4,503,750. Director, YOUNG LARRY D, sold 154,734 shares at a price of $38.67 on Dec 01. Then, on Dec 01, CEO & Executive Chairman Gamgort Robert James sold 275,000 shares at a price of $38.72 per share. This transaction amounted to $10,648,000.
KDP stock has a beta of 0.61. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 3.56 while the price-to-book (PB) in the most recent quarter is 1.96, with the price to cash flow ratio at 30.08.
Keurig Dr Pepper Inc.’s quick ratio for the period ended September 29 was 0.40, with the current ratio over the same period at 0.60. As well, the company’s long term debt to equity for the quarter ending September 29 was 0.49, while the total debt to equity was 0.49. In terms of profitability, the gross margin trailing 12 months is 52.10%. The firm’s gross profit as reported stood at $6.98 billion against revenue of $12.68 billion.
For the quarterly period ending September 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income shrunk -194.44% to $180.0 million, while revenue of $218.0 million was -21.11% off the previous quarter. Analysts expected KDP to announce $0.46 per share in earnings in its latest quarter, but it posted $0.46, representing a 0.00% surprise. EBITDA for the quarter stood at more than $566.0 million. KDP stock balance sheet for the quarter ending September 29 shows that total liabilities totaled 26.34 billion, with total debt at $13.38 billion. Shareholders hold equity totaling $1.42 billion.
Let’s look briefly at Keurig Dr Pepper Inc. (KDP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 23 January was 33.60% to suggest the stock is trending Neutral, with historical volatility in this time period at 15.18%.
The stock’s 5-day moving average is $34.88, reflecting a -2.80% or -$1.00 change from its current price. KDP is currently trading -5.04% above its 20-day SMA, -10.59% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -8.57% and SMA200 by-6.12%.
Stochastic %K and %D was 14.46% and 13.25% and the average true range (ATR) pointed at 0.58. The RSI (14) points at 35.48%, while the 14-day stochastic is at 20.93% with the period’s ATR at 0.60. The stock’s 9-day MACD Oscillator is pointing at -0.65 and -0.85 on the 14-day charts.
In the most recent analyst report for Keurig Dr Pepper Inc. (NASDAQ: KDP), Truist downgraded it to a Sell rating. They previously had a Hold rating on the stock. Analysts offering their rating for KDP stock have a consensus rating for the stock as Overweight. Currently, 1 brokerage advisors rate KDP as a “sell,”, while 9 advise that investors “Hold.” 1 analysts have rated the stock as underweight. 3 rates the stock as overweight while 6 have offered a “buy” rating.
What is KDP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $30.00 and a high of $45.00, with their median price target at $41.75. Looking at these predictions, the average price target given by analysts is for Keurig Dr Pepper Inc. (KDP) stock is $40.53.