PepsiCo Inc. (NASDAQ:PEP) saw a downside of -0.63% to close Monday at $177.05 after subtracting -$1.13 on the day. The 5-day average trading volume is 4,154,700 shares of the company’s common stock. It has gained $183.46 in the past week and touched a new high 1 time within the past 5 days. An average of 4,050,825 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 4,848,796.
PEP’s 1-month performance is -6.89% or -$13.11 on its low of $176.23 reached on 08/21/23. The company’s shares have touched a 52-week low of $160.98 and high of $196.88, with the stock’s rally to the 52-week high happening on 05/15/23. YTD, PEP has lost -2.00% or -$3.61 and has reached a new high 21 times. However, the current price is down -10.07% from the 52-week high price.
Insider Transactions
PEP stock investors last saw insider trading activity on Mar 09.POHLAD ROBERT C (Director) most recently sold 75,000 shares at $172.47 per share on Mar 09. This transaction cost the insider $12,935,148. CEO Intl Beverages & CCO, Krishnan Ramkumar, sold 16,827 shares at a price of $172.70 on Mar 07. Then, on Oct 26, SVP and Controller Gallagher Marie T. sold 5,558 shares at a price of $180.01 per share. This transaction amounted to $1,000,486.
Valuation Metrics
PEP stock has a beta of 0.55. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 2.71 while the price-to-book (PB) in the most recent quarter is 13.80, with the price to cash flow ratio at 42.61.
PepsiCo Inc.’s quick ratio for the period ended June 29 was 0.60, with the current ratio over the same period at 0.80. As well, the company’s long term debt to equity for the quarter ending June 29 was 2.04, while the total debt to equity was 2.47. In terms of profitability, the gross margin trailing 12 months is 53.80%. The trailing 12-month EBITDA margin is 16.93% while for the period ending June 29, PepsiCo Inc.’s operating margin was 11.40%. The firm’s gross profit as reported stood at $45.82 billion against revenue of $86.39 billion.
Earnings Surprise
For the quarterly period ending June 29 this year, Net income and sales went up compared to those figures reported in the previous quarter. Net income grew 48.0% to $2.75 billion, while revenue of $1.93 billion was 29.69% off the previous quarter. Analysts expected PEP to announce $1.8 per share in earnings in its latest quarter, but it posted $1.92, representing a 6.70% surprise. EBITDA for the quarter stood at more than $4.47 billion. PEP stock balance sheet for the quarter ending June 29 shows that total liabilities totaled 78.08 billion, with total debt at $43.62 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 21 August was 21.16% to suggest the stock is trending oversold, with historical volatility in this time period at 7.74%.
The stock’s 5-day moving average is $179.25, reflecting a -3.58% or -$6.57 change from its current price. PEP is currently trading -7.26% above its 20-day SMA, -1.33% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -2.77% and SMA200 by-2.05%.
Stochastic %K and %D was 4.75% and 3.40% and the average true range (ATR) pointed at 2.39. The RSI (14) points at 29.58%, while the 14-day stochastic is at 5.97% with the period’s ATR at 2.45. The stock’s 9-day MACD Oscillator is pointing at -3.40 and -5.18 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for PepsiCo Inc. (NASDAQ: PEP), Morgan Stanley downgraded it to an Equal-weight rating. They previously had an Overweight rating on the stock. 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 11 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 2 rates the stock as overweight while 7 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 $156.00 and a high of $235.81, with their median price target at $201.50. Looking at these predictions, the average price target given by analysts is for PepsiCo Inc. (PEP) stock is $201.66.
