Equities Analysts Offer Predictions for PepsiCo Q2 Earnings

PepsiCo, Inc. (NASDAQ:PEP - Free Report) - Zacks Research cut their Q2 2025 EPS estimates for PepsiCo in a research note issued to investors on Thursday, May 8th. Zacks Research analyst R. Lohia now expects that the company will post earnings of $2.04 per share for the quarter, down from their previous forecast of $2.33. The consensus estimate for PepsiCo's current full-year earnings is $8.30 per share. Zacks Research also issued estimates for PepsiCo's Q3 2025 earnings at $2.37 EPS, FY2025 earnings at $7.89 EPS, Q1 2026 earnings at $1.59 EPS, Q2 2026 earnings at $2.19 EPS, Q3 2026 earnings at $2.46 EPS, Q4 2026 earnings at $2.07 EPS, FY2026 earnings at $8.32 EPS, Q1 2027 earnings at $1.68 EPS and FY2027 earnings at $8.93 EPS.

PEP has been the subject of several other reports. Royal Bank of Canada reissued a "sector perform" rating and set a $163.00 price objective on shares of PepsiCo in a research note on Tuesday, April 22nd. JPMorgan Chase & Co. lifted their target price on shares of PepsiCo from $158.00 to $159.00 and gave the company a "neutral" rating in a research note on Monday, April 21st. Jefferies Financial Group cut PepsiCo from a "buy" rating to a "hold" rating and decreased their target price for the stock from $171.00 to $170.00 in a research report on Wednesday, March 12th. Wells Fargo & Company dropped their price objective on PepsiCo from $155.00 to $150.00 and set an "equal weight" rating on the stock in a research note on Wednesday, February 5th. Finally, CICC Research restated a "market perform" rating on shares of PepsiCo in a report on Friday, February 7th. One equities 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. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus price target of $160.69.

PepsiCo Price Performance

PEP stock traded up $1.24 during trading hours on Monday, hitting $131.68. 8,388,258 shares of the stock traded hands, compared to its average volume of 6,297,506. PepsiCo has a one year low of $129.93 and a one year high of $183.41. The company has a current ratio of 0.82, a quick ratio of 0.65 and a debt-to-equity ratio of 2.05. The company has a market cap of $180.54 billion, a P/E ratio of 18.95, a P/E/G ratio of 3.09 and a beta of 0.47. The stock has a 50-day simple moving average of $143.73 and a 200 day simple moving average of $150.74.

PepsiCo (NASDAQ:PEP - Get Free Report) last posted 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). PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The company had revenue of $17.92 billion during the quarter, compared to analyst estimates of $17.81 billion. During the same period in the previous year, the company earned $1.61 EPS. The business's revenue for the quarter was down 1.8% compared to the same quarter last year.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Ossiam grew its position in shares of PepsiCo by 138.9% during the 4th quarter. Ossiam now owns 73,604 shares of the company's stock worth $11,192,000 after purchasing an additional 42,793 shares in the last quarter. Assenagon Asset Management S.A. increased its stake in shares of PepsiCo by 104.2% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,705,574 shares of the company's stock valued at $259,350,000 after buying an additional 870,451 shares during the period. Hutner Capital Management Inc. grew its position in shares of PepsiCo by 14.6% in the 4th quarter. Hutner Capital Management Inc. now owns 53,783 shares of the company's stock valued at $8,178,000 after buying an additional 6,865 shares during the last quarter. Guinness Asset Management LTD lifted its holdings in PepsiCo by 5.2% in the fourth quarter. Guinness Asset Management LTD now owns 1,236,788 shares of the company's stock valued at $188,031,000 after buying an additional 61,541 shares during the period. Finally, WCM Investment Management LLC lifted its stake in PepsiCo by 147.6% in the fourth quarter. WCM Investment Management LLC now owns 14,692 shares of the company's stock valued at $2,229,000 after buying an additional 8,759 shares during the period. 73.07% of the stock is currently owned by institutional investors.

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 issued a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 4.32%. The ex-dividend date of this dividend is Friday, June 6th. This is an increase from PepsiCo's previous quarterly dividend of $1.36. PepsiCo's dividend payout ratio is presently 83.68%.

About PepsiCo

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.