PepsiCo (NASDAQ: PEP) just lately gained plenty of scores updates from brokerages and analysis companies:

• 10/5/2023 – PepsiCo is now lined by means of analysts at StockNews.com. They set a “dangle” ranking at the inventory.
• 10/4/2023 – PepsiCo had its charge goal decreased by means of analysts at Barclays PLC from $198.00 to $179.00. They now have an “obese” ranking at the inventory.
• 10/3/2023 – PepsiCo had its charge goal decreased by means of analysts at Evercore ISI from $195.00 to $185.00.
• 9/25/2023 – PepsiCo used to be downgraded by means of analysts at StockNews.com from a “purchase” ranking to a “dangle” ranking.
• 9/7/2023 – PepsiCo used to be upgraded by means of analysts at StockNews.com from a “dangle” ranking to a “purchase” ranking.
• 8/30/2023 – PepsiCo used to be downgraded by means of analysts at StockNews.com from a “purchase” ranking to a “dangle” ranking.
• 8/17/2023 – PepsiCo is now lined by means of analysts at StockNews.com. They set a “purchase” ranking at the inventory.

PepsiCo Inventory Efficiency

NASDAQ PEP opened at $160.29 on Monday. The inventory’s fifty day transferring reasonable is $177.73. The company has a marketplace capitalization of $220.65 billion, a price-to-earnings ratio of 28.07, a P/E/G ratio of two.57 and a beta of 0.55. The corporate has a debt-to-equity ratio of two.02, a present ratio of 0.84 and a handy guide a rough ratio of 0.64. PepsiCo, Inc. has a fifty-two week low of $155.83 and a fifty-two week prime of $196.88.

PepsiCo (NASDAQ:PEP – Get Unfastened Record) remaining launched its quarterly revenue knowledge on Thursday, July thirteenth. The corporate reported $2.09 revenue consistent with percentage for the quarter, topping analysts’ consensus estimates of $1.96 by means of $0.13. The corporate had income of $22.32 billion for the quarter, in comparison to analyst estimates of $21.73 billion. PepsiCo had a go back on fairness of 56.05% and a internet margin of 8.76%. The company’s income for the quarter used to be up 10.4% in comparison to the similar quarter remaining yr. Right through the similar quarter within the earlier yr, the corporate posted $1.86 revenue consistent with percentage. As a bunch, sell-side analysts forecast that PepsiCo, Inc. will put up 7.48 EPS for the present yr.

PepsiCo Proclaims Dividend

The company additionally just lately declared a quarterly dividend, which used to be paid on Friday, September twenty ninth. Stockholders of file on Friday, September 1st had been paid a $1.265 dividend. This represents a $5.06 annualized dividend and a dividend yield of three.16%. The ex-dividend date of this dividend used to be Thursday, August thirty first. PepsiCo’s dividend payout ratio (DPR) is at this time 88.62%.

Hedge Budget Weigh In On PepsiCo

A number of massive traders have just lately changed their holdings of the industry. &PARTNERS lifted its stake in stocks of PepsiCo by means of 19.5% within the third quarter. &PARTNERS now owns 1,381 stocks of the corporate’s inventory valued at $234,000 after buying an extra 225 stocks right through the remaining quarter. Bay Rivers Workforce lifted its stake in PepsiCo by means of 7.8% right through the third quarter. Bay Rivers Workforce now owns 4,560 stocks of the corporate’s inventory price $773,000 after obtaining an extra 330 stocks within the remaining quarter. Foundations Funding Advisors LLC lifted its stake in PepsiCo by means of 15.9% right through the third quarter. Foundations Funding Advisors LLC now owns 13,387 stocks of the corporate’s inventory price $2,268,000 after obtaining an extra 1,840 stocks within the remaining quarter. Peterson Wealth Advisors LLC lifted its stake in PepsiCo by means of 5.3% right through the third quarter. Peterson Wealth Advisors LLC now owns 1,277 stocks of the corporate’s inventory price $216,000 after obtaining an extra 64 stocks within the remaining quarter. In spite of everything, Harbour Capital Advisors LLC lifted its stake in PepsiCo by means of 2.3% right through the third quarter. Harbour Capital Advisors LLC now owns 27,344 stocks of the corporate’s inventory price $4,633,000 after obtaining an extra 610 stocks within the remaining quarter. Institutional traders and hedge finances personal 71.40% of the corporate’s inventory.

PepsiCo, Inc manufactures, markets, distributes, and sells more than a few drinks and handy meals international. The corporate operates thru seven segments: Frito-Lay North The united states; Quaker Meals North The united states; PepsiCo Drinks North The united states; Latin The united states; Europe; Africa, Center East and South Asia; and Asia Pacific, Australia and New Zealand and China Area.

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