Keurig Dr Pepper Inc (NASDAQ:KDP) finished Thursday with a subtraction of -$0.21 to close at $31.46, a downside of -0.66 percent. An average of 5,896,360 shares of common stock have been traded in the last five days. There was a fall of -$1.87 in the past week, and it reached a new high 11 times over the past 12 months. The last 20 days have seen an average of 8,612,340 shares traded, while the 50-day average volume stands at 8,963,550.
KDP stock has decreased by -7.20% in the last month. The company shares reached their 1-month lowest point of $31.29 on 09/28/23. With the stock rallying to its 52-week high on 01/09/23, shares of the company touched a low of $30.47 and a high of $39.73 in 52 weeks. It has reached a new high 4 times so far this year and lost -11.78% or -$4.20 in price. In spite of this, the price is down -20.82% 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 14 days ago on Sep 15. In this transaction, the insider spent $1,344,400. President, Commercial, Archambault Matthew Andrew, disposed of 14,000 shares at a price of $32.39 on May 11. The insider now owns more than $453,460 worth of shares. Prior to that, Chief Corp. Affairs Officer Sceppaguercio-Gever Maria A. went on to Sale 10,000 shares at $32.88 each on May 08. An amount of $328,800 was transacted.
Valuation Metrics
Keurig Dr Pepper Inc (KDP) has a trailing price-to-earnings (P/E) ratio of 27.84. The stock’s beta is 0.59. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 3.02, the price-to-book (PB) ratio at 1.74, and the price-to-cash flow ratio at 26.90.
The company has a payout ratio of 77.10%. The company’s most recent quarterly dividend payment was $0.2150 a share, representing a up of 7.5% from $0.20 last year.
Financial Health
The quick ratio of Keurig Dr Pepper Inc for the three months ended June 29 was 0.23, and the current ratio was 0.39, indicating that the company is not able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 0.45 and a total debt to equity ratio of 0.57 for the quarter ending June 29. Keurig Dr Pepper Inc’s EBITDA margin for the year ending June 29 is 25.08%, while its operating margin for the same period stands at 20.44%. Its gross profit as reported stood at $7.32 billion compared to revenue of $14.06 billion.
Earnings Surprise
For the three-month period that ended June 29, Keurig Dr Pepper Inc had $9.93 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $503.0 million in the quarter, while revenues were grew 56.66%. The analyst consensus anticipated Keurig Dr Pepper Inc’s latest quarter earnings to come in at $0.4 per share, but it turned out to be $0.42, a 5.00% surprise. For the quarter, EBITDA amounted to $944.0 million. Shareholders own equity worth $1.4 billion.
Technical Picture
From a technical analysis perspective, let’s take a brief look at Keurig Dr Pepper Inc (KDP) price momentum. RSI 9-day as of the close on 28 September was 23.17%, suggesting the stock is oversold, with historical volatility in this time frame at 14.89%.
As of today, KDP’s price is $32.18 -5.61% or -$1.87 from its 5-day moving average. KDP is currently trading -6.84% lower than its 20-day SMA and -5.33% lower than its 100-day SMA. However, the stock’s current price level is -1.35% below the SMA50 and -17.06% below the SMA200.
The stochastic %K and %D were 2.51% and 5.50%, respectively, and the average true range (ATR) was 0.48. With the 14-day stochastic at 6.51% and the average true range at 0.47, the RSI (14) stands at 30.09%. The stock has reached -1.02 on the 9-day MACD Oscillator while the 14-day reading was at -1.23.
Analyst Ratings
UBS upgraded Keurig Dr Pepper Inc (NASDAQ: KDP) to a a Buy rating in its most recent analyst report. Previously, the stock was rated as a Neutral. The consensus rating for Keurig Dr Pepper Inc (KDP) among analysts is Overweight. According to current brokerage recommendations, 1 brokerage firm advise that investors sell KDP, while 8 suggest investors hold. There are 0 analysts who rate the stock as underweight. The stock is rated overweight by 2 analysts, while 8 others rate it as a “buy”.
What is KDP’s price target for the next 12 months?
Analysts predict a range of price targets between $30.00 and $45.00, with a median target of $40.00. Taking a look at these predictions, the average price target given by analysts for Keurig Dr Pepper Inc (KDP) stock is $38.59.
