Is PepsiCo Inc. (PEP) a good stock to buy now?

PepsiCo Inc. (NASDAQ: PEP) is 1.32% higher on its value in year-to-date trading and has touched a low of $101.42 and a high of $147.20 in the current 52-week trading range. The PEP stock was last observed hovering at around $137.30 in the last trading session, with the day’s gains setting it 1.17% off its average median price target of $148.00 for the next 12 months. It is also 11.24% off the consensus price target high of $156.00 offered by 20 analysts, but current levels are -6.52% lower than the price target low of $130.00 for the same period.

Currently trading at $138.47, the stock is 1.02% and 2.68% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.08 million and changing 0.85% at the moment leaves the stock 3.08% off its SMA200. PEP registered 2.75% gain for a year compared to 6-month gain of 1.54%. The firm has a 50-day simple moving average (SMA 50) of $0.52% and a 200-day simple moving average (SMA200) of $8.71M.

The stock witnessed a 0.79% loss in the last 1 month and extending the period to 3 months gives it a 4.67%, and is 1.48% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.24% over the week and 1.36% over the month.

PepsiCo Inc. (PEP) has around 116000 employees, a market worth around $192.10B and $67.65B in sales. Current P/E ratio is 28.20 and Fwd P/E is 23.31. Profit margin for the company is 10.10%. Distance from 52-week low is 36.53% and -5.93% from its 52-week high. The company has generated returns on investments over the last 12 months (17.80%).

PepsiCo Inc. (PEP) Analyst Forecasts

Analyst recommendations provided by FactSet shows that the consensus forecast for PepsiCo Inc. (PEP) is a “Overweight”. 20 analysts offering their recommendations for the stock have an average rating of 2.20, where 9 rate it as a Hold and 1 think it is a “Overweight”. 10 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.

PepsiCo Inc. is expected to release its quarterly report on 09/30/2020 and quarterly earnings per share for the current quarter are estimated at $1.48 with sales reaching $17.21B over the same period.The EPS is expected to shrink by -40.70% this year, but quarterly earnings will post 1.20% year-over-year. Quarterly sales are estimated to grow 0.10% in year-over-year returns.

PepsiCo Inc. (PEP) Top Institutional Holders

3,112 institutions hold shares in PepsiCo Inc. (PEP), with 1.97M shares held by insiders accounting for 0.14% while institutional investors hold 73.63% of the company’s shares. The shares outstanding are 1.39B, and float is at 1.38B with Short Float at 0.72%. Institutions hold 73.53% of the Float.

The top institutional shareholder in the company is Vanguard Group, Inc. (The) with over 124.56 million shares valued at $16.47 billion. The investor’s holdings represent 8.87% of the PEP Shares outstanding. As of Jun 29, 2020, the second largest holder is Blackrock Inc. with 103.9 million shares valued at $13.74 billion to account for 7.40% of the shares outstanding. The other top investors are State Street Corporation which holds 64.96 million shares representing 4.63% and valued at over $8.59 billion, while Bank of America Corporation holds 1.86% of the shares totaling 26.11 million with a market value of $3.45 billion.

PepsiCo Inc. (PEP) Insider Activity

A total of 49 insider transactions have happened at PepsiCo Inc. (PEP) in the last six months, with sales accounting for 32 and purchases happening 17 times. The most recent transaction is an insider sale by Laguarta Ramon, the company’s Chairman and CEO. SEC filings show that Laguarta Ramon sold 13,109 shares of the company’s common stock on Jul 17 at a price of $134.86 per share for a total of $1.77 million. Following the sale, the insider now owns 0.27 million shares.

PepsiCo Inc. disclosed in a document filed with the SEC on Jul 16 that Gallagher Marie T. (SVP and Controller) sold a total of 3,335 shares of the company’s common stock. The trade occurred on Jul 16 and was made at $133.32 per share for $0.44 million. Following the transaction, the insider now directly holds 54029.0 shares of the PEP stock.

Still, SEC filings show that on Jul 15, Williams Steven C (CEO, PFNA) disposed off 2,600 shares at an average price of $134.32 for $0.35 million. The insider now directly holds 67,718 shares of PepsiCo Inc. (PEP).

PepsiCo Inc. (PEP): Who are the competitors?

The company’s main competitors (and peers) include Mondelez International Inc. (MDLZ) that is trading 7.24% up over the past 12 months. The Unilever Group (UL) is -3.30% down on the 1-year trading charts.