As of Wednesday close, PepsiCo Inc.’s (NASDAQ:PEP) stock was up $0.15, moving up 0.08 percent to $181.08. The average number of shares traded per day over the past five days has been 4,226,460 shares. 4 times new highs have been achieved over the past 5 days, with a $2.96 gain in that time frame. In the last twenty days, the average volume was 3,984,500, while in the previous 50 days, it was 4,797,876.
Since last month, PEP stock retreated -3.07%. Shares of the company fell to $175.31 on 08/22/23, the lowest level in the past month. A 52-week high of $196.88 was reached on 05/15/23 after having rallying from a 52-week low of $160.98. Since the beginning of this year, PEP’s stock price has risen by 0.23% or $0.42, and marked a new high 21 times. However, the stock has declined by -8.03% since its 52-week high.
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PEP stock investors should be aware that PepsiCo Inc. (PEP) stock had its last reported insider trading activity 175 days ago on Mar 09. POHLAD ROBERT C, the Director of the company, disposed of 75,000 shares for $172.47 on Mar 09. It resulted in a $12,935,148 divestment by the insider. Krishnan Ramkumar sold 16,827 shares at an average price of $172.70 on Mar 07. The insider now owns 49,000 shares following the transaction. On Oct 26, SVP and Controller Gallagher Marie T. sold 5,558 shares at $180.01 apiece. The transaction was valued at $1,000,486.
Valuation Metrics
Right now, PepsiCo Inc. (PEP) has a P/E ratio of about 31.40. The stock’s beta is 0.55. Besides these, the trailing price-to-sales (P/S) ratio of 2.73, the price-to-book (PB) ratio of 14.11, and the price-to-cash flow ratio of 42.97 may also be considered.
The latest dividend of $1.2650 per share was paid out, remained unchanged from last year’s $1.2650.
Financial Health
In the three months ended June 30, PepsiCo Inc.’s quick ratio stood at 0.60, while its current ratio was 0.80, showing that the company is not able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending June 30 was 2.04, and the total debt-to-equity ratio was 2.47. On the profitability front, the trailing twelve-month gross margin is 53.80% percent. In the year ended June 30, EBITDA margin amounted to 16.93%, whereas operating margins totaled 11.40%. Based on annual data, PEP earned $45.82 billion in gross profit and brought in $86.39 billion in revenue.
A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 16.90%. Return on equity (ROE) for the past 12 months was 44.60%.
In PepsiCo Inc.’s quarter-end financial report for June 30, it reported total debt of $36.01 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. PEP’s revenue rose 9.39% to $17.85 billion during the quarter, while net income inched up to $22.32 billion. While analysts expected PepsiCo Inc. to report $1.96 quarterly earnings, the actual figure was $2.09 per share, beating the consensus estimate by 6.60%. During the quarter, the company generated $4.47 billion in EBITDA. The liabilities of PepsiCo Inc. were 78.08 billion at the end of its most recent quarter ended June 30, and its total debt was $43.62 billion. The value of shareholders’ equity is $1.38 billion.
Technical Picture
This quick technical analysis looks at PepsiCo Inc.’s (PEP) price momentum. With a historical volatility rate of 11.60%, the RSI 9-day stood at 51.11% on 30 August.
With respect to its five-day moving average, the current PepsiCo Inc. price is up by +1.66% percent or $2.96. At present, PEP shares trade -3.84% below its 20-day simple moving average and -1.78% percent below its 100-day simple moving average. However, the stock is currently trading approximately -2.28% below its SMA50 and -0.34% below its SMA200.
Stochastic coefficient K was 54.38% and Stochastic coefficient D was 44.09%, while ATR was 2.28. Given the Stochastic reading of 60.42% for the 14-day period, the RSI (14) reading has been calculated as 47.02%. As of today, the MACD Oscillator reading stands at 2.10, while the 14-day reading stands at 1.00.
Analyst Ratings
PepsiCo Inc. downgraded its rating on PepsiCo Inc. (NASDAQ: PEP) to an Equal-weight in a note to investors on July 17, 2023. The analysts firm previously had an Overweight rating on the stock.PepsiCo Inc. (PEP) has been rated Overweight by analysts. According to 1 brokerage firm, PEP is a sell, and 11 firms recommend it is a Hold. There are 0 analysts who say the stock is underweight. A total of 2 analysts rate PepsiCo Inc. stock as buy, with 7 recommending it as overweight.
With a median target price of $201.50, the current consensus forecast for the stock is $156.00 – $235.81. Based on these forecasts, analysts predict PepsiCo Inc. (PEP) will achieve an average price target of $201.66.
