PepsiCo, Inc. (NASDAQ:PEP) Given Consensus Rating of "Hold" by Brokerages

Key Points

• PepsiCo, Inc. has been given a consensus recommendation of "Hold" by nineteen research firms, with one sell rating, fourteen holds, and four buys.
• The company's most recent quarterly earnings exceeded estimates, reporting $2.12 EPS compared to the anticipated $2.03, with revenues of $22.73 billion.
• PepsiCo declared a quarterly dividend of $1.4225 per share, representing a 3.9% dividend yield and a payout ratio of 103.64%.

PepsiCo, Inc. (NASDAQ:PEP - Get Free Report) has received a consensus recommendation of "Hold" from the nineteen research firms that are covering the stock, MarketBeat reports. One research analyst has rated the stock with a sell recommendation, fourteen have issued a hold recommendation and four have given a buy recommendation to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $158.60.

A number of research firms have issued reports on PEP. Barclays raised their target price on PepsiCo from $132.00 to $144.00 and gave the stock an "equal weight" rating in a research report on Monday, July 21st. Royal Bank Of Canada reissued a "sector perform" rating and issued a $146.00 target price on shares of PepsiCo in a research report on Wednesday, September 3rd. Bank of America decreased their target price on PepsiCo from $150.00 to $145.00 and set a "neutral" rating for the company in a research report on Friday, July 11th. JPMorgan Chase & Co. decreased their target price on PepsiCo from $150.00 to $139.00 and set a "neutral" rating for the company in a research report on Thursday, July 10th. Finally, Cowen reissued a "hold" rating on shares of PepsiCo in a research report on Thursday, July 17th.

PepsiCo Stock Performance

Shares of PEP opened at $146.39 on Monday. The company has a current ratio of 0.78, a quick ratio of 0.60 and a debt-to-equity ratio of 2.12. The company has a market capitalization of $200.42 billion, a price-to-earnings ratio of 26.66, a PEG ratio of 3.70 and a beta of 0.46. The stock has a 50 day moving average of $143.00 and a 200 day moving average of $140.81. PepsiCo has a 12 month low of $127.60 and a 12 month high of $179.43.

PepsiCo (NASDAQ:PEP - Get Free Report) last issued its quarterly earnings results on Thursday, July 17th. The company reported $2.12 EPS for the quarter, beating analysts' consensus estimates of $2.03 by $0.09. The company had revenue of $22.73 billion during the quarter, compared to the consensus estimate of $22.28 billion. PepsiCo had a return on equity of 57.81% and a net margin of 8.23%.PepsiCo's revenue was up 1.0% on a year-over-year basis. During the same period last year, the business posted $2.28 earnings per share. PepsiCo has set its FY 2025 guidance at 8.038-8.038 EPS. As a group, sell-side analysts forecast that PepsiCo will post 8.3 earnings per share for the current year.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be issued a $1.4225 dividend. This represents a $5.69 dividend on an annualized basis and a dividend yield of 3.9%. The ex-dividend date of this dividend is Friday, September 5th. PepsiCo's dividend payout ratio (DPR) is presently 103.64%.

Hedge Funds Weigh In On PepsiCo

Large investors have recently made changes to their positions in the stock. Nova Wealth Management Inc. bought a new stake in PepsiCo during the first quarter valued at $25,000. Evolution Wealth Management Inc. bought a new stake in PepsiCo during the second quarter valued at $27,000. Elite Financial Inc. bought a new stake in PepsiCo during the first quarter valued at $28,000. Legend Financial Advisors Inc. bought a new stake in PepsiCo during the second quarter valued at $29,000. Finally, Measured Risk Portfolios Inc. bought a new stake in PepsiCo during the fourth quarter valued at $31,000. 73.07% of the stock is owned by institutional investors.

PepsiCo Company Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.