Tuesday, September 29, 2020

Morgan Stanley Upgrade Keurig Dr Pepper Inc. [KDP]. What else is Wall St. saying?

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Keurig Dr Pepper Inc. [NYSE: KDP] gained 2.29% or 0.66 points to close at $29.52 with a heavy trading volume of 3889369 shares. The company report on September 8, 2020 that Keurig Dr Pepper Announces Equity Distribution By Its Top Shareholder.

Keurig Dr Pepper (NYSE: KDP) today announced that JAB Holdings B.V. (“JAB”) has indicated its intention for its majority-owned Maple Holdings B.V. subsidiary (“Maple”) to convert a portion of the interest of its minority partners into directly held shares of KDP stock.

The minority investors involved in the transaction, which include affiliates of BDT Capital Partners (“BDT”), affiliates of Quadrant Capital Advisors (“Quadrant”), and the significant majority of investors in the JCF Consumer Fund (“JCF”), have all expressed their intentions to remain long-term KDP shareholders.

It opened the trading session at $29.03, the shares rose to $29.69 and dropped to $28.93, the range by which the price of stock traded the whole day. The daily chart for KDP points out that the company has recorded 20.44% gains over the past six months. However, it is still -55.53% lower than its most recent low trading price.

If we look at the average trading volume of 3.68M shares, KDP reached to a volume of 3889369 in the most recent trading day, which is why market watchdogs consider the stock to be active.

Here is what top equities market gurus are saying about Keurig Dr Pepper Inc. [KDP]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for KDP shares is $33.63 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on KDP stock is a recommendation set at 2.30. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

Morgan Stanley have made an estimate for Keurig Dr Pepper Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on August 26, 2020. While these analysts kept the previous recommendation, Goldman raised their target price from $27 to $33. The new note on the price target was released on July 09, 2020, representing the official price target for Keurig Dr Pepper Inc. stock.

The Average True Range (ATR) for Keurig Dr Pepper Inc. is set at 0.59, with the Price to Sales ratio for KDP stock in the period of the last 12 months amounting to 3.71. The Price to Book ratio for the last quarter was 1.81, with the Price to Cash per share for the same quarter was set at 0.10. Price to Free Cash Flow for KDP in the course of the last twelve months was 41.86 with Quick ratio for the last quarter at 0.20.

Trading performance analysis for KDP stock

Keurig Dr Pepper Inc. [KDP] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -1.44. With this latest performance, KDP shares dropped by -0.81% in over the last four-week period, additionally plugging by 20.44% over the last 6 months – not to mention a rise of 8.69% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for KDP stock in for the last two-week period is set at 49.53, with the RSI for the last a single of trading hit 47.83, and the three-weeks RSI is set at 49.63 for Keurig Dr Pepper Inc. [KDP]. The present Moving Average for the last 50 days of trading for this stock 29.67, while it was recorded at 29.62 for the last single week of trading, and 28.01 for the last 200 days.

Keurig Dr Pepper Inc. [KDP]: A deeper dive into fundamental analysis

Operating Margin for any stock indicates how profitable investing would be, and Keurig Dr Pepper Inc. [KDP] shares currently have an operating margin of +23.39 and a Gross Margin at +55.56. Keurig Dr Pepper Inc.’s Net Margin is presently recorded at +11.28.

Return on Total Capital for KDP is now 6.68, given the latest momentum, and Return on Invested Capital for the company is 3.40. Return on Equity for this stock inclined to 5.48, with Return on Assets sitting at 2.55. When it comes to the capital structure of this company, Keurig Dr Pepper Inc. [KDP] has a Total Debt to Total Equity ratio set at 66.85. Additionally, KDP Total Debt to Total Capital is recorded at 40.07, with Total Debt to Total Assets ending up at 31.40. Long-Term Debt to Equity for the company is recorded at 58.15, with the Long-Term Debt to Total Capital now at 34.85.

Reflecting on the efficiency of the workforce at the company, Keurig Dr Pepper Inc. [KDP] managed to generate an average of $49,176 per employee. Receivables Turnover for the company is 9.24 with a Total Asset Turnover recorded at a value of 0.23.Keurig Dr Pepper Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.30.

Keurig Dr Pepper Inc. [KDP]: An earnings per share (EPS) analysis

With the latest financial reports released by the company, Keurig Dr Pepper Inc. posted 0.32/share EPS, while the average EPS was predicted by analysts to be reported at 0.32/share. The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for KDP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Keurig Dr Pepper Inc. go to 11.31%.

An analysis of insider ownership at Keurig Dr Pepper Inc. [KDP]

There are presently around $13,060 million, or 31.60% of KDP stock, in the hands of institutional investors. The top three institutional holders of KDP stocks are: BDT CAPITAL PARTNERS, LLC with ownership of 85,814,985, which is approximately New of the company’s market cap and around 12.20% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 54,963,057 shares of the stock with an approximate value of $1.62 billion in KDP stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.33 billion in KDP stock with ownership of nearly -10.17% of the company’s market capitalization.

Positions in Keurig Dr Pepper Inc. stocks held by institutional investors increased at the end of July and at the time of the July reporting period, where 233 institutional holders increased their position in Keurig Dr Pepper Inc. [NYSE:KDP] by around 157,325,215 shares. Additionally, 133 investors decreased positions by around 41,634,468 shares, while 50 investors held positions by with 243,436,689 shares. The mentioned changes placed institutional holdings at 442,396,372 shares, according to the latest SEC report filing. KDP stock had 92 new institutional investments in for a total of 97,668,274 shares, while 35 institutional investors sold positions of 3,282,467 shares during the same period.

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