Keurig Dr Pepper Inc. (NASDAQ: KDP) is -3.56% lower on its value in year-to-date trading and has touched a low of $18.98 and a high of $33.69 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The KDP stock was last observed hovering at around $31.46 in the last trading session, with the day’s loss setting it -0.6% off its average median price target of $35.00 for the next 12 months. It is also 26.52% off the consensus price target high of $42.00 offered by 16 analysts, but current levels are 0.45% higher than the price target low of $31.00 for the same period.
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Currently trading at $30.86, the stock is -3.45% and -2.59% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.88 million and changing -1.91% at the moment leaves the stock 4.19% off its SMA200. KDP registered 7.41% gain for a year compared to 6-month gain of 5.32%. The firm has a 50-day simple moving average (SMA 50) of $31.89 and a 200-day simple moving average (SMA200) of $30.03.
The stock witnessed a -5.42% loss in the last 1 month and extending the period to 3 months gives it a 3.45%, and is -2.77% down 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 2.92% over the week and 2.35% over the month.
Keurig Dr Pepper Inc. (KDP) has around 25500 employees, a market worth around $44.12B and $11.43B in sales. Current P/E ratio is 32.93 and Fwd P/E is 19.25. Profit margin for the company is 11.40%. Distance from 52-week low is 62.59% and -8.40% from its 52-week high. The company has generated returns on investments over the last 12 months (5.00%).
Keurig Dr Pepper Inc. (KDP) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for Keurig Dr Pepper Inc. (KDP) is a “Overweight”. 16 analysts offering their recommendations for the stock have an average rating of 2.30, where 6 rate it as a Hold and 1 think it is a “Overweight”. 8 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
Keurig Dr Pepper Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at $0.4 with sales reaching $3.03B over the same period.The EPS is expected to grow by 66.90% this year, but quarterly earnings will post 3.70% year-over-year. Quarterly sales are estimated to grow 3.30% in year-over-year returns.
Keurig Dr Pepper Inc. (KDP) Top Institutional Holders
623 institutions hold shares in Keurig Dr Pepper Inc. (KDP), with 604.95M shares held by insiders accounting for 42.99% while institutional investors hold 67.65% of the company’s shares. The shares outstanding are 1.41B, and float is at 802.31M with Short Float at 3.98%. Institutions hold 38.57% of the Float.
The top institutional shareholder in the company is BDT Capital Partners, LLC with over 114.42 million shares valued at $3.66 billion. The investor’s holdings represent 8.13% of the KDP Shares outstanding. As of Dec 30, 2020, the second largest holder is Capital Research Global Investors with 61.83 million shares valued at $1.98 billion to account for 4.39% of the shares outstanding. The other top investors are Capital World Investors which holds 41.84 million shares representing 2.97% and valued at over $1.34 billion, while Price (T.Rowe) Associates Inc holds 2.75% of the shares totaling 38.7 million with a market value of $1.24 billion.
Keurig Dr Pepper Inc. (KDP) Insider Activity
A total of 21 insider transactions have happened at Keurig Dr Pepper Inc. (KDP) in the last six months, with sales accounting for 7 and purchases happening 14 times. The most recent transaction is an insider purchase by Sceppaguercio-Gever Maria A., the company’s Chief Corp. Affairs Officer. SEC filings show that Sceppaguercio-Gever Maria A. bought 384 shares of the company’s common stock on Jan 22 at a price of $31.52 per share for a total of $12111.0. Following the purchase, the insider now owns 0.14 million shares.
Keurig Dr Pepper Inc. disclosed in a document filed with the SEC on Jan 22 that Arboleda Mauricio Leyva (President, Coffee) bought a total of 597 shares of the company’s common stock. The trade occurred on Jan 22 and was made at $31.35 per share for $18701.0. Following the transaction, the insider now directly holds 0.13 million shares of the KDP stock.
Still, SEC filings show that on Dec 08, Singer Robert S (Director) acquired 2,500 shares at an average price of $30.30 for $75748.0. The insider now directly holds 75,500 shares of Keurig Dr Pepper Inc. (KDP).