Keurig Dr Pepper Inc. [NASDAQ: KDP] traded at a high on 09/27/21, posting a 0.41 gain after which it closed the day’ session at $34.01. The company report on September 15, 2021 that Keurig Dr Pepper Declares Quarterly Dividend.
Keurig Dr Pepper (NASDAQ: KDP) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.1875 per share, payable in U.S. dollars, on the Company’s common stock. The regular quarterly dividend will be paid on October 15, 2021 to shareholders of record on October 1, 2021.
The results of the trading session contributed to over 6421939 shares changing hands. Over the past one week, the price volatility of Keurig Dr Pepper Inc. stands at 1.63% while the volatility over the past one month is 1.47%.
The market cap for KDP stock reached $48.82 billion, with 1.42 billion shares outstanding and 846.91 million shares in the current float. Compared to the average trading volume of 4.95M shares, KDP reached a trading volume of 6421939 in the most recent trading day, which is why market watchdogs consider the stock to be active.
What do top market gurus say 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 $39.48 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 2.20. 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.
Wells Fargo have made an estimate for Keurig Dr Pepper Inc. shares, keeping their opinion on the stock as Overweight, with their previous recommendation back on June 29, 2021. While these analysts kept the previous recommendation, JP Morgan raised their target price from $33 to $39. The new note on the price target was released on March 19, 2021, representing the official price target for Keurig Dr Pepper Inc. stock. Previously, the target price had yet another raise to $34, while Morgan Stanley analysts kept a Equal-Weight rating on KDP stock.
The Average True Range (ATR) for Keurig Dr Pepper Inc. is set at 0.52, with the Price to Sales ratio for KDP stock in the period of the last 12 months amounting to 4.01. The Price to Book ratio for the last quarter was 1.99, with the Price to Cash per share for the same quarter was set at 0.12. Price to Free Cash Flow for KDP in the course of the last twelve months was 37.64 with Quick ratio for the last quarter at 0.20.
How has KDP stock performed recently?
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 -0.90. With this latest performance, KDP shares dropped by -2.75% in over the last four-week period, additionally sinking by -4.17% over the last 6 months – not to mention a rise of 22.01% 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 40.09, with the RSI for the last a single of trading hit 36.98, and the three-weeks RSI is set at 42.27 for Keurig Dr Pepper Inc. [KDP]. The present Moving Average for the last 50 days of trading for this stock 34.95, while it was recorded at 34.10 for the last single week of trading, and 34.13 for the last 200 days.
Keurig Dr Pepper Inc. [KDP]: Deeper insight into the fundamentals
Keurig Dr Pepper Inc.’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.20 and a Current Ratio set at 0.40.
Earnings analysis for Keurig Dr Pepper Inc. [KDP]
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 9.52%.
Insider trade positions for Keurig Dr Pepper Inc. [KDP]
There are presently around $22,873 million, or 47.90% 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 114,419,980, which is approximately 0% of the company’s market cap and around 5.40% of the total institutional ownership; CAPITAL RESEARCH GLOBAL INVESTORS, holding 58,520,901 shares of the stock with an approximate value of $1.99 billion in KDP stocks shares; and CAPITAL WORLD INVESTORS, currently with $1.65 billion in KDP stock with ownership of nearly 4.337% of the company’s market capitalization.
280 institutional holders increased their position in Keurig Dr Pepper Inc. [NASDAQ:KDP] by around 53,990,013 shares. Additionally, 171 investors decreased positions by around 21,116,863 shares, while 89 investors held positions by with 597,423,867 shares. The mentioned changes placed institutional holdings at 672,530,743 shares, according to the latest SEC report filing. KDP stock had 63 new institutional investments in for a total of 14,837,220 shares, while 61 institutional investors sold positions of 2,408,040 shares during the same period.