Sixteen analysts covering NASDAQ: PEP stock’s performance announced in a report issued this week that PepsiCo, Inc. gets a consensus rating of “Buy” from the brokerages.
Among the sixteen who have posted their ratings of the company, one analyst has issued a “sell” recommendation. Five analysts have given out the rating of “Hold” and a majority of six analysts have assigned the rating of “Buy” to the stock. The average price target (PT) currently stands at $147.40 issued on the stock last year.
The company’s stocks traded at $142.70 this Friday. Its current market capitalization stands at $196.87 billion. It has a positive PE ratio of 28.26 along with a beta of 0.57 at the moment. The PEG ratio stands at 3.63. The 12-monthly high to low ranges from $148.77 to $112.58. The 50SMA (50 Days Simple Moving Average) stands at $134.17 and its 200SMA stands at $139.11.
NASDAQ: PEP Stock Detailed Analysis
The quarterly earnings report for the previous quarter was released on the 11th of February. The earnings during that quarter stood at $1.47 EPS as opposed to the general consensus of $1.45 proposed by analysts at several research firms. The company’s return on equity stands at 56.28% along with a net margin of 10.27%.
The estimated income for the firm was marked at $22 billion but PepsiCo, Inc. made $22.46 billion for the quarter. Analysts expect the company to post Full Year 2020 earnings per share of 5.51.
NASDAQ: PEP stocks have recently been the subject of a lot of reports by equities analysts. Some such as Barclays, Deutsche Bank, Wells Fargo & Company, Bernstein, Royal Bank of Canada, and so on have posted reports on this firm over the last few months.
Several hedge funds and institutional investors have also altered their shareholdings in this company recently. Among the notable ones are, Braun Stacey Associates, Inc., 0 Shares Investment Advisers LLC, Steel Peak Wealth Management LLC, and so on. All these firms have recently increased their holdings in this company.