PepsiCo (NASDAQ:PEP) Reaches New 12-Month Low - Should You Sell?

PepsiCo, Inc. (NASDAQ:PEP - Get Free Report)'s share price hit a new 52-week low on Monday . The company traded as low as $130.06 and last traded at $131.19, with a volume of 1320221 shares. The stock had previously closed at $130.44.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the company. JPMorgan Chase & Co. increased their price target on PepsiCo from $158.00 to $159.00 and gave the stock a "neutral" rating in a research report on Monday, April 21st. UBS Group lowered their target price on PepsiCo from $175.00 to $169.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Bank of America lowered their target price on PepsiCo from $155.00 to $150.00 and set a "neutral" rating on the stock in a research report on Friday, April 25th. Citigroup lowered their target price on PepsiCo from $170.00 to $160.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. Finally, HSBC lowered their target price on PepsiCo from $186.00 to $170.00 and set a "hold" rating on the stock in a research report on Tuesday, February 4th. One research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have assigned a buy rating to the company's stock. Based on data from MarketBeat, PepsiCo presently has an average rating of "Hold" and a consensus price target of $160.69.

PepsiCo Trading Up 0.4%

The business has a 50 day simple moving average of $141.38 and a 200-day simple moving average of $149.66. The company has a debt-to-equity ratio of 2.05, a quick ratio of 0.65 and a current ratio of 0.82. The stock has a market capitalization of $180.96 billion, a P/E ratio of 18.99, a price-to-earnings-growth ratio of 3.09 and a beta of 0.47.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its quarterly earnings data on Thursday, April 24th. The company reported $1.48 earnings per share for the quarter, missing the consensus estimate of $1.49 by ($0.01). The company had revenue of $17.92 billion for 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%. The business's revenue was down 1.8% compared to the same quarter last year. During the same period in the prior year, the business earned $1.61 earnings per share. On average, analysts predict that PepsiCo, Inc. will post 8.3 EPS for the current year.

PepsiCo Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Monday, June 30th. Stockholders of record on Friday, June 6th will be paid a dividend of $1.4225 per share. The ex-dividend date is Friday, June 6th. This is a positive change from PepsiCo's previous quarterly dividend of $1.36. This represents a $5.69 annualized dividend and a dividend yield of 4.31%. PepsiCo's dividend payout ratio (DPR) is currently 83.68%.

Institutional Investors Weigh In On PepsiCo

Large investors have recently modified their holdings of the stock. Collier Financial acquired a new stake in shares of PepsiCo in the fourth quarter worth $28,000. WealthTrak Capital Management LLC bought a new position in PepsiCo during the fourth quarter valued at about $28,000. Elite Financial Inc. acquired a new stake in shares of PepsiCo in the first quarter valued at about $28,000. Creative Capital Management Investments LLC acquired a new stake in shares of PepsiCo in the fourth quarter valued at about $30,000. Finally, Prudent Man Investment Management Inc. acquired a new stake in shares of PepsiCo in the fourth quarter valued at about $30,000. 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.