Zacks Research Issues Positive Forecast for PepsiCo Earnings

Key Points

• Zacks Research has increased its FY2025 EPS estimate for PepsiCo from $7.89 to $8.02, while the consensus estimate stands at $8.30 per share.
• Wells Fargo and Barclays both raised their price targets for PepsiCo, with Barclays adjusting it from $132 to $144 and Wells Fargo from $140 to $154.
• PepsiCo announced a quarterly dividend of $1.4225, representing a 4.1% annual dividend yield, set to be paid on September 30th.

PepsiCo, Inc. (NASDAQ:PEP - Free Report) - Equities researchers at Zacks Research raised their FY2025 EPS estimates for shares of PepsiCo in a note issued to investors on Thursday, July 31st. Zacks Research analyst R. Lohia now forecasts that the company will earn $8.02 per share for the year, up from their prior forecast of $7.89. The consensus estimate for PepsiCo's current full-year earnings is $8.30 per share. Zacks Research also issued estimates for PepsiCo's Q2 2026 earnings at $2.24 EPS, Q3 2026 earnings at $2.47 EPS, Q4 2026 earnings at $2.14 EPS, FY2026 earnings at $8.40 EPS, Q2 2027 earnings at $2.39 EPS and FY2027 earnings at $8.95 EPS.

A number of other research firms also recently weighed in on PEP. Wells Fargo & Company upped their target price on shares of PepsiCo from $140.00 to $154.00 and gave the stock an "equal weight" rating in a research report on Friday, July 18th. Cowen reissued a "hold" rating on shares of PepsiCo in a research report on Thursday, July 17th. Barclays increased their price objective on shares of PepsiCo from $132.00 to $144.00 and gave the company an "equal weight" rating in a research report on Monday, July 21st. Deutsche Bank Aktiengesellschaft reissued a "buy" rating on shares of PepsiCo in a research report on Thursday, July 17th. Finally, UBS Group cut their price objective on shares of PepsiCo from $175.00 to $169.00 and set a "buy" rating on the stock in a research report on Friday, April 25th. One equities research analyst has rated the stock with a sell rating, fifteen have given a hold rating and four have given a buy rating to the company's stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $158.73.

PepsiCo Stock Up 1.0%

NASDAQ:PEP opened at $139.28 on Monday. The firm's 50-day moving average price is $134.63 and its 200-day moving average price is $140.83. The company has a market capitalization of $190.69 billion, a PE ratio of 25.37, a P/E/G ratio of 3.71 and a beta of 0.45. The company has a debt-to-equity ratio of 2.12, a current ratio of 0.78 and a quick ratio of 0.60. PepsiCo has a 1-year low of $127.60 and a 1-year high of $180.91.

PepsiCo (NASDAQ:PEP - Get Free Report) last released its earnings results on Thursday, July 17th. The company reported $2.12 earnings per share for the quarter, topping analysts' consensus estimates of $2.03 by $0.09. The firm had revenue of $22.73 billion for the quarter, compared to the consensus estimate of $22.28 billion. PepsiCo had a net margin of 8.23% and a return on equity of 57.81%. The company's revenue was up 1.0% compared to the same quarter last year. During the same period in the prior year, the firm earned $2.28 EPS.

Hedge Funds Weigh In On PepsiCo

Several institutional investors have recently made changes to their positions in the business. JSF Financial LLC lifted its stake in shares of PepsiCo by 3.8% in the 2nd quarter. JSF Financial LLC now owns 1,897 shares of the company's stock worth $250,000 after purchasing an additional 69 shares during the period. Legacy Financial Group LLC lifted its stake in shares of PepsiCo by 4.9% in the 1st quarter. Legacy Financial Group LLC now owns 1,514 shares of the company's stock worth $227,000 after purchasing an additional 71 shares during the period. Dogwood Wealth Management LLC lifted its stake in shares of PepsiCo by 15.4% in the 2nd quarter. Dogwood Wealth Management LLC now owns 539 shares of the company's stock worth $73,000 after purchasing an additional 72 shares during the period. Joel Isaacson & Co. LLC lifted its stake in shares of PepsiCo by 0.5% in the 2nd quarter. Joel Isaacson & Co. LLC now owns 16,507 shares of the company's stock worth $2,180,000 after purchasing an additional 74 shares during the period. Finally, Bull Street Advisors LLC lifted its stake in shares of PepsiCo by 0.4% in the 2nd quarter. Bull Street Advisors LLC now owns 19,902 shares of the company's stock worth $2,628,000 after purchasing an additional 74 shares during the period. Institutional investors own 73.07% of the company's stock.

PepsiCo Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, September 30th. Stockholders of record on Friday, September 5th will be paid a $1.4225 dividend. This represents a $5.69 annualized dividend and a dividend yield of 4.1%. The ex-dividend date is Friday, September 5th. PepsiCo's dividend payout ratio is 103.64%.

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.