PepsiCo (NASDAQ:PEP) Announces Earnings Results

PepsiCo (NASDAQ:PEP - Get Free Report) posted its quarterly earnings results on Thursday. The company reported $1.48 EPS for the quarter, missing analysts' consensus estimates of $1.49 by ($0.01), Zacks reports. The company had revenue of $17.92 billion during the quarter, compared to the consensus estimate of $17.81 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. PepsiCo's revenue was down 1.8% on a year-over-year basis. During the same period in the previous year, the business earned $1.61 earnings per share. PepsiCo updated its FY 2025 guidance to 7.920-7.920 EPS.

PepsiCo Price Performance

Shares of PEP traded up $0.38 during mid-day trading on Monday, reaching $133.76. The stock had a trading volume of 8,489,501 shares, compared to its average volume of 6,162,030. The firm has a market cap of $183.43 billion, a price-to-earnings ratio of 19.25, a PEG ratio of 3.09 and a beta of 0.49. PepsiCo has a 12 month low of $131.80 and a 12 month high of $183.41. The business has a fifty day moving average of $147.70 and a 200 day moving average of $153.66. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82.

PepsiCo Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Monday, March 31st. Shareholders of record on Friday, March 7th were issued a dividend of $1.355 per share. This represents a $5.42 annualized dividend and a yield of 4.05%. The ex-dividend date of this dividend was Friday, March 7th. PepsiCo's dividend payout ratio is presently 79.71%.

Institutional Trading of PepsiCo

A hedge fund recently raised its stake in PepsiCo stock. Brighton Jones LLC grew its holdings in shares of PepsiCo, Inc. (NASDAQ:PEP - Free Report) by 12.4% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 59,392 shares of the company's stock after purchasing an additional 6,574 shares during the quarter. Brighton Jones LLC's holdings in PepsiCo were worth $9,031,000 at the end of the most recent reporting period. Institutional investors own 73.07% of the company's stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on PEP. Wells Fargo & Company decreased their price target on shares of PepsiCo from $155.00 to $150.00 and set an "equal weight" rating on the stock in a report on Wednesday, February 5th. HSBC reduced their target price on PepsiCo from $186.00 to $170.00 and set a "hold" rating on the stock in a research note on Tuesday, February 4th. Evercore ISI set a $140.00 price objective on PepsiCo in a report on Thursday. Jefferies Financial Group lowered shares of PepsiCo from a "buy" rating to a "hold" rating and cut their price target for the company from $171.00 to $170.00 in a research report on Wednesday, March 12th. Finally, Barclays lowered their price objective on PepsiCo from $143.00 to $135.00 and set an "equal weight" rating for the company in a research report on Monday. One research analyst has rated the stock with a sell rating, fourteen have given a hold rating and four have given a buy rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of "Hold" and an average price target of $160.69.

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.