PepsiCo Inc (NASDAQ: PEP) is -2.76% lower on its value in year-to-date trading and has touched a low of $158.03 and a high of $183.41 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 PEP stock was last observed hovering at around $164.74 in the last trading session, with the day’s gains setting it 0.41%.
Currently trading at $165.15, the stock is -1.79% and -3.53% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 5.42 million and changing 0.25% at the moment leaves the stock -3.45% off its SMA200. PEP registered -1.76% loss for a year compared to 6-month loss of -9.81%. The firm has a 50-day simple moving average (SMA 50) of $171.1928 and a 200-day simple moving average (SMA200) of $171.04855.
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The stock witnessed a -5.35% gain in the last 1 month and extending the period to 3 months gives it a -4.33%, and is 0.70% 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 1.43% over the week and 1.30% over the month.
PepsiCo Inc (PEP) has around 318000 employees, a market worth around $226.58B and $91.92B in sales. Current P/E ratio is 24.34 and Fwd P/E is 19.12. Profit margin for the company is 10.18%. Distance from 52-week low is 4.51% and -9.96% from its 52-week high. The company has generated returns on investments over the last 12 months (16.15%).
The EPS is expected to grow by 6.96% this year
4153.0 institutions hold shares in PepsiCo Inc (PEP), with institutional investors hold 78.03% of the company’s shares. The shares outstanding are 1.37B, and float is at 1.37B with Short Float at 1.36%. Institutions hold 77.92% of the Float.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 131.44 million shares valued at $21.68 billion. The investor’s holdings represent 9.5591 of the PEP Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 109.22 million shares valued at $18.01 billion to account for 7.9435 of the shares outstanding. The other top investors are STATE STREET CORP which holds 54.49 million shares representing 3.9631 and valued at over $8.99 billion, while GEODE CAPITAL MANAGEMENT, LLC holds 2.1785 of the shares totaling 29.95 million with a market value of $4.93 billion.
PepsiCo Inc (PEP) Insider Activity
The most recent transaction is an insider sale by Flavell David, the company’s EVP, Gen Counsel & Corp Sec. SEC filings show that Flavell David sold 6,628 shares of the company’s common stock on May 10 ’24 at a price of $179.86 per share for a total of $1.19 million. Following the sale, the insider now owns 36264.0 shares.
PepsiCo Inc disclosed in a document filed with the SEC on May 09 ’24 that Krishnan Ramkumar (CEO, PBNA) sold a total of 5,620 shares of the company’s common stock. The trade occurred on May 09 ’24 and was made at $178.00 per share for $1.0 million. Following the transaction, the insider now directly holds 53953.0 shares of the PEP stock.
Still, SEC filings show that on Mar 11 ’24, Krishnan Ramkumar (CEO, PBNA) disposed off 4,563 shares at an average price of $164.44 for $0.75 million. The insider now directly holds 59,573 shares of PepsiCo Inc (PEP).
