PepsiCo (PEP) to Release Quarterly Earnings on Tuesday

PepsiCo (NASDAQ:PEP) is anticipated to issue its quarterly earnings data before the market opens on Tuesday, February 4th. Analysts expect the company to announce earnings of $1.95 per share and revenue of $27,949,072.10 billion for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

PepsiCo Price Performance

PepsiCo stock opened at $154.61 on Tuesday. PepsiCo has a 12 month low of $141.51 and a 12 month high of $183.41. The stock’s 50 day moving average is $153.88 and its 200-day moving average is $165.35. The company has a current ratio of 0.89, a quick ratio of 0.70 and a debt-to-equity ratio of 1.96. The company has a market capitalization of $212.12 billion, a price-to-earnings ratio of 22.80, a PEG ratio of 2.86 and a beta of 0.54.

PepsiCo Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Monday, January 6th. Investors of record on Friday, December 6th were paid a $1.355 dividend. This represents a $5.42 annualized dividend and a dividend yield of 3.51%. The ex-dividend date was Friday, December 6th. PepsiCo’s dividend payout ratio (DPR) is currently 79.94%.

Analyst Ratings Changes

Several equities research analysts recently issued reports on PEP shares. TD Cowen cut their price target on PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a research note on Wednesday, January 8th. Hsbc Global Res upgraded PepsiCo to a “hold” rating in a research note on Thursday, October 10th. Royal Bank of Canada dropped their price target on PepsiCo from $177.00 to $176.00 and set a “sector perform” rating for the company in a research note on Friday, October 4th. Barclays dropped their price target on PepsiCo from $183.00 to $158.00 and set an “overweight” rating for the company in a research note on Friday, January 17th. Finally, Redburn Atlantic upgraded PepsiCo to a “strong sell” rating in a research note on Thursday, October 10th. One research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have assigned a buy rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $177.00.

PepsiCo Company Profile

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.