PepsiCo blows away earnings forecasts, raises 2021 outlook - Yahoo Finance These symbols will be available throughout the site during your session. PEP As per Trefis, PepsiCos valuation works out to $150 per share. PepsiCo, Inc. Common Stock (PEP) Dividend History | Nasdaq Dividend History: PEP Edit my quotes Nasdaq Listed Nasdaq 100 PEP PEP DIVIDEND HISTORY PEP Dividend History EX-DIVIDEND DATE. The company is about to become a Dividend King, and raising a dividend annually for 50 consecutive years is not something weak companies can pull off. Optimistic: $221.48, An uptrend is forecast for this month with an optimal target price of $217.975. PepsiCo Dividend Information. Notably, though, the stock is likely to underperform the S&P500 over the next month, with an expected return which would be 3% lower compared than the S&P500. I am not receiving compensation for it (other than from Seeking Alpha). Negative dynamics for PepsiCo shares will prevail with possible volatility of 4.189%. PepsiCo crushes it financially in the second quarter. multiplying the number of shares in the company outstanding by the market price of one share. This will benefit a food and beverage giant like PepsiCo 2.41%. PEP obviously isnt a tech company, but its still one of the top 15 stocks in the index by portfolio allocation. Analyst Comments; . PepsiCo has grown revenue an average of 2% per year over the past decade, and analysts are already looking for it to revert lower, calling for 4% revenue growth in 2022. Performance. This Stock Could Help You Do That, Why I Refuse to Chase the Maximum Social Security Benefit, U.S. Money Supply Is Doing Something It Hasn't Done in 90 Years, and It May Signal a Big Move for Stocks, These 2 Banks Are Pulling the Nasdaq Down, Social Security Cuts May Be Coming. We present you the most up-to-date and complete review of analytical trend forecasts and views on the PEP stock market. Get the latest PepsiCo, Inc. (PEP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. A tighter balance sheet could result in lower dividend raises, fewer buybacks, and fewer acquisitions. 3 Reasons to Buy This Dividend King. It's likely a safe stock in that the company will probably be around for years to come. This article isn't here to make the case that PepsiCo is a bad company or a horrible investment. It's a massive and mature business likely to grow modestly in the future. Here's what you need to know from the beverage and snack giant's latest results. 2 min read PepsiCo's ( PEP) second quarter earnings release is going down easy for investors. PepsiCo stock has recouped the losses it suffered last March, and currently trades around its pre-Covid peak. What are analysts' forecasts for PepsiCo stock? In comparison, the S&P 500 has an average return of 3.1% over the next 21 trading days under Case 1, and an average return of just 0.5% for Case 2 as detailed in our dashboard that details the average return for the S&P 500 after a fall or rise. 3 Reasons to Buy This Dividend King. We believe that the stock has the potential for modest gains as demand rises in the near future with expectations of subdued growth in the number of new Covid-19 cases in the U.S. Also, new product launches by the company are expected to benefit the beverage giant. Please check your download folder. Core profit margin fell by nearly a full percentage point, leading to just a 2% earnings increase for the full year. Backlinks from other websites are the lifeblood of our site and a primary source of new traffic. PepsiCo. EPS shows how much of the net profit is accounted for by the common share. PepsiCo and S&P 500 Performance During 2007-08 Crisis. 0.63%. PepsiCo's (PEP) second quarter earnings release is going down easy for investors. $190.89. (Operator Instructions). See our theme on E-commerce Stocks for a diverse list of companies that stand to benefit from the big shift. PepsiCo - 51 Year Stock Price History | PEP | MacroTrends Trailing P/E depends on what has already been done. PepsiCo isn't a software company that can rapidly acquire customers or a smartphone company that sells many big-ticket items. It distributes its products through direct-store-delivery and customer warehouse systems, as well as third-party networks. The pandaforecast.com portal is not responsible for the loss of your money in the stock market The company occasionally borrows money to fund its buybacks or make an acquisition (it bought energy drink brand Rockstar for $3.85 billion in 2020). This kind of revenue generation means plenty of profits to share with investors. It is important to understand that this procedure does not change the capitalization of the company, as well as the total value of assets held in private hands. Is this happening to you frequently? PEP | stock. Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. What is the future of PepsiCo stock? We forecast PepsiCo stock performance using neural networks based on historical data on PepsiCo stocks. 12/2/2021: $1.075: Quarter: 2.7%: N/A: 11/18/2021: 12/3/2021: 1/7/2022: . We have provided a few examples below that you can copy and paste to your site: Your image export is now complete. Disclosure: I have no positions in any stocks mentioned, and no plans to initiate any positions within the next 72 hours. The Motley Fool has a disclosure policy. The blowout quarter and new restructuring plan will likely cement the bull case widely held on the stock on Wall Street. PURCHASE, N.Y., Feb. 4, 2021 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.0225 per share of PepsiCo common stock, a 7 percent . PepsiCo to Present at the Consumer Analyst Group of New York Conference. Pessimistic: $199.39. Dividend Per Share is a financial indicator equal to the ratio of the company's net profit available for distribution to the annual average of ordinary shares. Pessimistic: $205.08. The Motley Fool has no position in any of the stocks mentioned. According to the Trefis Machine Learning Engine, which identifies trends in a companys stock price data for the last ten years, returns for PEP stock average close to -1% in the next one-month (21 trading days) period after experiencing a 9.3% rise over the previous one-month (21 trading days) period. "PepsiCo enters FY21 from a strong position and is well equipped to outperform in a post COVID-19 environment," Bank of America analyst Bryan Spillane said in a note ahead of the results. Pepsi's broader 2020 growth landed at 4.3%, or more than double Hershey's (HSY 1.07%) expansion pace and far above Coke's 9% slump. POST Split History Its dividend payout ratio is a high 86%, which doesn't leave a lot of money left over. This may not result in blockbuster gains, but it could mean moderate returns for PEP stock going forward. It also sells ready-to-drink tea and coffee products through joint ventures with Unilever and Starbucks along with brands like Crush and Dr Pepper. PEPs returns over the next N days after a 5% change over the last five trading days is detailed in the table below, along with the returns for the S&P500: Its pretty powerful to test the trend for yourself for PepsiCo stock by changing the inputs in the charts above. Spillane rates PepsiCo's stock at a Buy with a $165 price target. If you do not want us and our partners to use cookies and personal data for these additional purposes, click 'Reject all'. 1. Opinions expressed by Forbes Contributors are their own. PepsiCo (NASDAQ:PEP) Is Paying Out A Larger Dividend Than Last Year 2023 Stock Split Calendar | Upcoming Stock Splits - MarketBeat.com PepsiCo - 51 Year Stock Split History | PEP | MacroTrends This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. However, the stock is still down compared to the levels seen before the pandemic. Shares Short Prior Month - the number of shares in short positions in the last month. Now, as it climbs back up towards all-time highs, where is the stock heading from here? With Pepsi, an investor gets international exposure, since Pepsi sells its products globally. PVH Split History The number of shares would increase, but the . Please check your download folder. Coke is looking for a bigger pandemic rebound, meanwhile, after sales fell 11% last year. Disclaimer: The information contained herein is for informational purposes only. The company operates business across the U.S., Canada, Europe, Africa, Middle East, South Asia, Asia Pacific, Australia, New Zealand and China. Optimistic: $190.44, An uptrend is forecast for this month with an optimal target price of $194.433. PepsiCo's strong fundamentals attract attention during a market downturn. If you're aiming for strong investment returns, you might want to reconsider investing in PepsiCo. One of those safe names is snack and beverage giant PepsiCo (PEP 0.45%). (See PepsiCo Stock analysis on TipRanks), Bottom Line: A Top Shelf Stock For Long-Term Investors. More importantly, there is 68% probability of a positive return over the next 21 trading days and 44% probability of a positive excess return after a -5% change over five trading days. The company is having a great year, but is the outlook as rosy? PepsiCo ( PEP) stock has rebounded quickly from its recent pullback which saw the share price briefly dip below $130 per share. PEP stock fares better after Case 1, with an average return of 4.1% over the next month (21 trading days) under Case 1 (where the stock has just suffered a 5% loss over the previous week), versus, an average return of 0.5% for Case 2. To ensure this doesnt happen in the future, please enable Javascript and cookies in your browser. as a result of using the information contained on the site. Data by YCharts. 2 Dividend Stocks That Will Pay You for Life, Want to Retire Early? See How Its Powering New Collaboration and What-Ifs ForCFOs and Finance Teams |Product, R&D, and Marketing Teams, This is a BETA experience. [+] (Photo by Pavlo Gonchar/SOPA Images/LightRocket via Getty Images). Making the world smarter, happier, and richer. Given that the past year has been about the recovery from the pandemic-led market crash in 2020, double-digit returns seem unlikely, but the potential for moderate returns over the next 12 months still remains. The company's beverage volume is up 11% year over year for the first three quarters combined, which makes sense considering that lockdowns in 2020 closed many gathering places like restaurants, where PepsiCo sells its concentrates for fountain drinks. When a company such as PepsiCo splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Graduated with my B.A. But will PepsiCos stock continue its upward trajectory over the coming weeks, or is a correction in the stock more likely? More news Resources. The PepsiCo 52-week high stock price is 190.18, which is 0.2% above the current share price. If the date of the next dividend payment has not been updated, it means that the issuer has not yet announced the exact payment. UKRAINE - 2021/03/04: In this photo illustration a Pepsico logo is seen on a smartphone and a pc [+] screen. Former Bridgewater Associates co-CEO: CEOs should shape up on ESG, or ship out, AMD CEO: the semiconductor shortage will take time to correct, Kansas City Chiefs phenom Patrick Mahomes: I am trying to build a business empire, Foot Locker CEO: this is what our future holds, Intel CEO: here is when the chip shortage may end, Coca-Cola CEO: our business is rounding the corner from the pandemic. *Average returns of all recommendations since inception. PepsiCo Declares Quarterly Dividend. PERY Split History RCL Split History, Also explore: PEP shares outstanding history, Free PEP Email Alerts: But picking the right company is only part of the equation in investing; the price you pay can matter just as much. Pepsi is also predicting that core earnings will rise at the same pace as sales, effectively ending a two-year slide in operating profit margin. It could always sell some of its many brands if it needed the cash for debt servicing, but it could mean that its financial flexibility is diminishing. $4.60. Positive dynamics for PepsiCo shares will prevail with possible volatility of 3.175%.Pessimistic target level: 197.68Optimistic target level: 204.16, Forecast target price for 05-05-2023: $201.16. "We do not expect to repurchase any additional shares for the balance of 2021," management said. Pepsi didn't do as well on the profitability side of the business. Since 2011, the dividend has gone from US$1.92 to . *Stock Advisor returns as of February 24, 2021. . PepsiCo is an American multinational food processing company. TTM = trailing 12 months. I consider the current price a safe entry point for the long-term investor. PEPs total debt increased from $39.3 billion in 2017 to $44.1 billion at the end of 2020, while its total cash decreased from $19.5 billion to $9.7 billion over the same period. PepsiCo is having a great 2021 fiscal year. To make the world smarter, happier, and richer. If you buy and hold PepsiCo stock, the expectation is over time the near term fluctuations will cancel out, and the long-term positive trend will favor you - at least if the company is otherwise strong. Bookmark our portal to stay updated. This figure corresponds to the Average Price over the previous 50/200 days. Outsmart the market with Smart Portfolio analytical tools powered by TipRanks. Is the average return for PepsiCo stock higher over the subsequent month after Case 1 or Case 2? NasdaqGS:PEP Historic Dividend August 5th 2021 PepsiCo Has A Solid Track Record. PepsiCo, Inc. (PEP) Stock Split History | Seeking Alpha PepsiCo stock (NASDAQ Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. Pessimistic: $193.52. E-commerce is eating into retail sales, but this might be an investment opportunity. The all-time high PepsiCo stock closing price was 189.71 on April 25, 2023. Forward P/E uses projections of future earnings instead of final numbers. Want Growing Dividend Income? Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. PEP stock traded at $146 in February 2020 (just before the outbreak of the coronavirus pandemic) and is still 1% below that level. Market capitalization is the total market value of all issued shares of a company. If you put $1,000 in PepsiCo 10 years ago, here's what you'd - CNBC Good morning, and welcome to PepsiCo's 2023 First Quarter Earnings Question-and-Answer session. Even though commodity costs plunged, the company shelled out extra cash to fix manufacturing bottlenecks and make COVID-19-related safety changes. The successful rollout of the vaccination program and stimulus measures set to be announced have led to expectations of faster economic recovery and rise in consumer spending. It's already one of the largest food and beverage companies on earth. Dividend yield is a ratio that shows how much a company pays in dividends each year at the stock price. PepsiCo's valuation has steadily risen over time; the stock now has a price-to-earnings (P/E) ratio of 29, which is comfortably higher than its average P/E of 23 over the past decade. MACHINE LEARNING ENGINE try it yourself: IF PEP stock moved by -5% over five trading days, THEN over the next 21 trading days, PEP stock moves an average of 4 percent, which implies a return which is in line with that of the S&P500. In comparison, the S&P 500 Index saw a decline of 51% and recovered 48%. Positive dynamics for PepsiCo shares will prevail with possible volatility of 2.590%.Pessimistic target level: 197.34Optimistic target level: 202.59, Forecast target price for 05-08-2023: $200.72. Cost basis and return based on previous market day close. The average return after a rise is generally lower than after a fall as detailed in the previous question. PepsiCo Identified Among This Week's US Consumer Staple - Forbes P/E ratio (price to earnings) - shows the ratio between the price of a share and the company's profit. The beverage and packaged-food maker's revenue rose 9% year over year to $21.97 . PepsiCo returns a lot of cash to shareholders, not only through its annual dividend raises but also through buying back stock to help grow its earnings per share. Fomento Economico Mexicano S.A.B De C.V (FMX), PepsiCo - 51 Year Stock Split History | PEP. The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc. 2023, Nasdaq, Inc. All Rights Reserved. Meta Platforms Stock Is Trading Close To Its Fair Value, 12/12/2019: Coronavirus cases first reported in China. The average analyst price target of $150.67 implies upside potential of around 7% from current levels over the next 12 months. QTWW Split History A Pepsi Stock Split Could Happen Anytime (NASDAQ:PEP) Positive dynamics for PepsiCo shares will prevail with possible volatility of 2.267%.Pessimistic target level: 194.04Optimistic target level: 198.54, Forecast target price for 05-04-2023: $200.08. The company also announced a 5.6 percent increase to its annualized dividend to $2.27 per share from $2.15 per share, to take effect with the June 2013 payment. Since 1977, Coke has announced 6 stock splits to Pepsi's 4 stock splits. Entering text into the input field will update the search result below, 5.6 percent increase to its annualized dividend to $2.27 per share from $2.15 per share, to take effect with the June 2013 payment. For example, a 1000 share position pre-split, became a 3000 share position following the split. CNBC: PepsiCo stock as of Feb. 2, 2019. It is calculated by the formula See PepsiCo, Inc. (PEP) history of stock splits. If you have an ad-blocker enabled you may be blocked from proceeding. This will help the company not only grow its earnings at a high single-digit rate of around 8% between 2021 and 2022, but it will also allow PEP to continue to pay and grow its solid dividend. Here is how PepsiCo performed compared to Wall Street estimates for the second quarter: Net Sales: $19.2 billion vs. $17.94 billion, Operating Profits: $3.1 billion vs. $2.85 billion, Outlook 2021: +6% increase in organic revenue (previous: mid-single digit percentage increase); +11% increase in core EPS (previous: high-single digit percentage increase in core constant currency EPS. Did Pepsi Just Become a More Attractive Dividend Stock to Buy? There are many reasons to like PepsiCo; its products, like Pepsi, Doritos, and Gatorade, are popular. Its food segments grew organic sales by 6% thanks to strong demand for brands in the Quaker Foods franchise. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Tucker Carlson Leaves Fox News, Effective Immediately - People RAI Split History I wrote this article myself, and it expresses my own opinions. It also launched a new juice product line (Frutly) for its young consumer base. PepsiCo 's ( PEP 0.04%) stock popped 4% on Oct. 12, after the company released its third-quarter earnings report. The company's balance sheet has slowly taken on water over the past 10 years. PEP's second split took place on May 29, 1986. 1/31/2020: WHO declares a global health emergency. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. New launches to take advantage of the latest consumption trends and when the economy is set to recover, have led to expectations of healthy revenue and earnings growth in the coming quarters. This will benefit a food and beverage giant like PepsiCo Additionally, the recent rally is also a reflection of the continued innovation at the company. And analysts think the stock will be worth 12% more, or 1,709.73 a share, in 12 months. PEP stock traded at $146 in February 2020 (just before the outbreak of the coronavirus pandemic) and is still 1% below that level. Yet again, PepsiCo, Inc. (NASDAQ:PEP), a global food and beverage company, could mirror its rival, The Coca-Cola Company's (KO) recent stock split. Thomas Niel for Pessimistic: $212.08. Get stock recommendations, portfolio guidance, and more from The Motley Fool's premium services. Analyst price targets range from a low of $136 per share to a high of $161 per share. Copy and paste multiple symbols separated by spaces. What also comes out of the analysis is that patient investors will benefit, as the stock provides double-digit returns to ones who wait it out for a year. Also, the stock has gained almost 40% from the low of $105 seen in March 2020 and we believe that this rise is justified. 3 Key Reasons Pepsi Could Split Its Stock. PEP is currently trading around $141 per share, just a few dollars below its all-time high, but given how overheated the market has been in anticipation of the post-pandemic recovery, investors should not expect massive gains in the coming year. A 3-for-1 (which can be denoted as 3:1) stock split for a $60 stock would result in three shares valued at $20 each. $261 B. I have no business relationship with any company whose stock is mentioned in this article. Co.'s segments include: Frito-Lay North America, which includes its convenient food businesses in the U.S. and Canada; Quaker Foods North America, which includes cereal, rice, pasta and other branded food businesses in the U.S. and Canada; PepsiCo Beverages North America, which includes its beverage businesses in the U.S. and Canada; Latin America, which includes its beverage and convenient food businesses in Latin America; Europe, which includes its beverage and convenient food businesses in Europe; and Africa, Middle East and South Asia, which includes its beverage and convenient food businesses in Africa, the Middle East and South Asia. According to TipRanks, PEP comes in as a Moderate Buy based on 4 Buy, 3 Hold and 1 Sell recommendations. You are guaranteed a stable growing dividend for your portfolio, and as a bonus, the possibility of a stock split in the near future. PepsiCo Should Post Solid 2022 Returns - Yahoo If yes, then on this page you will find useful information about the dynamics of the PepsiCo However, the possibility does remain for gradual, yet stable gains over the long term and as market participants debate whether a sell-off or a further rally is what comes next, this blue-chip name could provide a great safe harbor for investors. When a company such as PepsiCo splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Alphabet also announced a 20-for-1 stock split in tandem with its fourth-quarter 2021 earnings update in February 2022. The final quotes of the instrument at the close of the previous trading day are a signal to adjust the forecasts for PepsiCo shares. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Consumers tend to eat and drink the same amount on a month-to-month basis. The stock is expensive, and investors need to justify this higher valuation against the possibility of slowing growth and a weaker balance sheet. Follow Sozzi on Twitter @BrianSozzi and on LinkedIn. At the same time, flat sales volumes in the beverage unit kept Pepsi ahead of Coca-Cola (KO 0.73%), which posted a 3% decline earlier in the week. They go up against each other to sign athletes, movie stars and even music performers for endorsement deals. The company boasts high profit margins and deep economic resources. The dividend is paid every three months and the last ex-dividend date was Mar 2, 2023. Dividend Yield. PepsiCo Starts 2021 Off Right | Nasdaq Looking for underrated or undervalued dividend and growth stocks to add to my portfolio in order to increase my monthly and quarterly dividend income! Nothing in this article should be taken as a solicitation to purchase or sell securities. Coke and Hershey, in contrast, each notched higher profitability in 2020. Justin Pope has no position in any of the stocks mentioned. We believe that most of the near-term growth is already accounted for in the stock price and PEP stock will only see a marginal rise to reach $150 in the near term. Stock split history for PepsiCo since 1972. You'll now be able to see real-time price and activity for your symbols on the My Quotes of Nasdaq.com.
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