The stock of Keurig Dr Pepper Inc. (NASDAQ:KDP) increased by $0.42 on Monday to finish at $33.70, up 1.26 percent. The last five days have seen an average of 7,413,080 shares of common stock traded. 4 times new highs were reached in the current year, with a fall of -$1.96. The average number of shares traded over the last 20 days was 7,830,355, while the average volume over the last 50 days totaled 9,173,362.
KDP stock dropped -0.65% since last month. On 08/25/23, the company’s shares reached a one-month low of $33.19. The stock touched a high of $39.80 on 01/09/23, after rallying from a low of $30.47 in 52 weeks. The price of KDP stock has declined by -5.50% or -$1.96 this year, reaching a new high 4 times. Still, the stock price is down -15.33% from the 52-week high.
Insider Transactions
KDP stock investors should be aware that Keurig Dr Pepper Inc. (KDP) stock had its last reported insider trading activity 26 days ago on Aug 03. On Aug 03, Chief R&D Officer Rotem-Wildeman Karin acquired 5,884 shares at $34.00 each. This transaction resulted in the insider spending $200,056. On Aug 02, Rotem-Wildeman Karin added 47,000 shares at a price of US$34.37. After the transaction, the insider now owns 56,514 shares. Director Singer Robert S had earlier bought 1,000 shares on May 19 for $32.00 a share. The transaction was completed for $32,000.
Valuation Metrics
Keurig Dr Pepper Inc. (KDP) has a trailing price-to-earnings (P/E) ratio of 29.80. Beta for the stock is 0.58. There are also a few other valuation ratios worth considering, including the trailing price-to-sales (P/S) ratio of 3.25, the price-to-book (PB) ratio of 1.87, and the price-to-cash flow ratio of 30.26.
Company paid $0.20 per share in dividends, remained unchanged from $0.20 last year. A $0.0125 dividend increase was reported on Wednesday September 14 2022.
Financial Health
For the recent quarter, Keurig Dr Pepper Inc.’s quick ratio was 0.20, while its current ratio was 0.40, indicating its inability to pay off its debt. The company’s long-term debt to equity ratio for the recent quarter is 0.42, and the total debt to equity ratio is 0.53. As far as profitability goes, gross margin for the trailing twelve months is 52.70% percent. Keurig Dr Pepper Inc.’s EBITDA margin for the recent year was 25.08%, whereas its operating margin stood at 16.60% for the same period. Based on annual data, it had gross profit of $7.32 billion and revenue of $14.06 billion.
Investors will also look at the performance of the company’s management in order to determine the potential profitability of their investment. KDP’s return on assets (ROA) during the last 12 months has been 3.10%. There was a 5.50% return on investment (ROI) in the past year. In the meantime, the return on equity (ROE) for the last 12 months was 6.40%.
Earnings Surprise
A higher net income was reported in the quarter under review than the previous quarter. Net income for the quarter came in at $3.79 billion, while revenues rose by 6.2% to $3.35 billion. EBITDA was $944.0 million for the quarter. At the end of Keurig Dr Pepper Inc.’s most recent quarter, its liabilities totaled 26.53 billion, while its total debt was $14.37 billion. Equity owned by shareholders amounts to $1.4 billion.
Technical Picture
Here’s a quick look at Keurig Dr Pepper Inc.’s (KDP) price momentum from a technical perspective. As of 28 August, the RSI 9-day stood at 55.05%, suggesting the stock is Neutral, with a 11.26% historical volatility rate.
The stochastic %K and %D were 24.03% and 23.56% respectively, while the average true range (ATR) was 0.44. Based on the 14-day stochastic reading of 45.54%, the RSI (14) reading is 55.85%. On the 9-day MACD Oscillator, the stock is at -0.13, and the 14-day reading is at -0.13.
Analyst Ratings
In its most recent analyst report, UBS raised its rating on Keurig Dr Pepper Inc. (NASDAQ: KDP) to a Buy. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Keurig Dr Pepper Inc. (KDP) an Overweight rating. KDP is a stock that is recommended for selling by 1 brokerage firm, while 7 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 2 rates it overweight and 8 others recommend it as a buy.
What is KDP’s price target for the next 12 months?
The current consensus forecast for the stock is between $30.00 and $45.00, with a median target price of $40.00. In analyzing these forecasts, the average price target given by analysts for Keurig Dr Pepper Inc. (KDP) is $38.76.
