PepsiCo Inc. [NASDAQ: PEP] stock went on an upward path that rose over 0.87% on Wednesday, amounting to a one-week price increase of more than 3.43%. The company report on April 20, 2021 that PepsiCo Announces 2030 Goal to Scale Regenerative Farming Practices Across 7 Million Acres, Equivalent to Entire Agricultural Footprint.
Company’s Efforts Estimated to Reduce At Least 3 Million Tons of Greenhouse Gas Emissions by the End of the Decade.
PepsiCo’s ‘Positive Agriculture’ Ambition Additionally Targets to Improve Livelihoods of Those in its Agricultural Supply Chain, and Sustainably Source 100% of its Key Ingredients.
Over the last 12 months, PEP stock rose by 12.25%. The one-year PepsiCo Inc. stock forecast points to a potential upside of 3.53. The average equity rating for PEP stock is currently 2.30, trading closer to a bullish pattern in the stock market.
The market cap for the stock reached $200.24 billion, with 1.38 billion shares outstanding and 1.38 billion shares in the current float. Compared to the average trading volume of 5.87M shares, PEP stock reached a trading volume of 6315729 in the most recent trading day, which is why market watchdogs consider the stock to be active.
Guru’s Opinion on PepsiCo Inc. [PEP]:
Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for PEP shares is $152.36 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on PEP 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.
UBS have made an estimate for PepsiCo Inc. shares, keeping their opinion on the stock as Buy, with their previous recommendation back on April 21, 2021. The new note on the price target was released on April 13, 2021, representing the official price target for PepsiCo Inc. stock. Previously, the target price had yet another raise to $151, while Barclays analysts kept a Overweight rating on PEP stock.
The Average True Range (ATR) for PepsiCo Inc. is set at 2.10, with the Price to Sales ratio for PEP stock in the period of the last 12 months amounting to 2.81. The Price to Book ratio for the last quarter was 14.54, with the Price to Cash per share for the same quarter was set at 4.86. Price to Free Cash Flow for PEP in the course of the last twelve months was 242.12 with Quick ratio for the last quarter at 0.70.
PEP Stock Performance Analysis:
PepsiCo Inc. [PEP] gain into the green zone at the end of the last week, gaining into a positive trend and gaining by 3.43. With this latest performance, PEP shares gained by 6.66% in over the last four-week period, additionally plugging by 5.23% over the last 6 months – not to mention a rise of 12.25% 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 PEP stock in for the last two-week period is set at 71.50, with the RSI for the last a single of trading hit 77.45, and the three-weeks RSI is set at 66.64 for PepsiCo Inc. [PEP]. The present Moving Average for the last 50 days of trading for this stock 137.19, while it was recorded at 144.78 for the last single week of trading, and 138.91 for the last 200 days.
Insight into PepsiCo Inc. Fundamentals:
Operating Margin for any stock indicates how profitable investing would be, and PepsiCo Inc. [PEP] shares currently have an operating margin of +14.80 and a Gross Margin at +54.87. PepsiCo Inc.’s Net Margin is presently recorded at +10.12.
Return on Total Capital for PEP is now 19.31, given the latest momentum, and Return on Invested Capital for the company is 14.22. Return on Equity for this stock inclined to 50.42, with Return on Assets sitting at 8.30. When it comes to the capital structure of this company, PepsiCo Inc. [PEP] has a Total Debt to Total Equity ratio set at 340.74. Additionally, PEP Total Debt to Total Capital is recorded at 77.31, with Total Debt to Total Assets ending up at 49.34. Long-Term Debt to Equity for the company is recorded at 309.22, with the Long-Term Debt to Total Capital now at 70.16.
Reflecting on the efficiency of the workforce at the company, PepsiCo Inc. [PEP] managed to generate an average of $24,467 per employee. Receivables Turnover for the company is 8.67 with a Total Asset Turnover recorded at a value of 0.82.PepsiCo Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.70 and a Current Ratio set at 0.90.
PEP Stock EPS
With the latest financial reports released by the company, PepsiCo Inc. posted 1.32/share EPS, while the average EPS was predicted by analysts to be reported at 1.25/share. When compared, the two values demonstrate that the company surpassed the estimates by a Surprise Factor of 5.60%. 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 PEP. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for PepsiCo Inc. go to 9.13%.
PepsiCo Inc. [PEP] Insider Position Details
There are presently around $144,944 million, or 73.40% of PEP stock, in the hands of institutional investors. The top three institutional holders of PEP stocks are: VANGUARD GROUP INC with ownership of 121,406,565, which is approximately -0.917% of the company’s market cap and around 0.10% of the total institutional ownership; BLACKROCK INC., holding 100,057,368 shares of the stock with an approximate value of $14.71 billion in PEP stocks shares; and STATE STREET CORP, currently with $8.97 billion in PEP stock with ownership of nearly -4.193% of the company’s market capitalization.
Positions in PepsiCo Inc. stocks held by institutional investors increased at the end of April and at the time of the April reporting period, where 1,406 institutional holders increased their position in PepsiCo Inc. [NASDAQ:PEP] by around 34,540,109 shares. Additionally, 1,096 investors decreased positions by around 33,759,874 shares, while 275 investors held positions by with 917,847,024 shares. The mentioned changes placed institutional holdings at 986,147,007 shares, according to the latest SEC report filing. PEP stock had 245 new institutional investments in for a total of 2,849,873 shares, while 74 institutional investors sold positions of 2,151,897 shares during the same period.