The stock price of PepsiCo Inc (NASDAQ: PEP) has surged by 0.26 when compared to previous closing price of 169.14, but the company has seen a -1.97% decline in its stock price over the last five trading sessions. CNBC reported 2024-04-06 that Year to date, Gatorade is gaining share in every hydration category it has products, according to market research firm Circana.
Is It Worth Investing in PepsiCo Inc (NASDAQ: PEP) Right Now?
The price-to-earnings ratio for PepsiCo Inc (NASDAQ: PEP) is above average at 25.85x. The 36-month beta value for PEP is also noteworthy at 0.54. There are mixed opinions on the stock, with 10 analysts rating it as a “buy,” 2 rating it as “overweight,” 10 rating it as “hold,” and 0 rating it as “sell.”
The public float for PEP is 1.37B, and at present, short sellers hold a 1.26% of that float. The average trading volume of PEP on April 09, 2024 was 5.89M shares.
PEP’s Market Performance
PEP stock saw an increase of -1.97% in the past week, with a monthly gain of 3.97% and a quarterly increase of 0.38%. The volatility ratio for the week is 1.23%, and the volatility levels for the last 30 days are 1.20% for PepsiCo Inc (PEP). The simple moving average for the last 20 days is -0.05% for PEP stock, with a simple moving average of -1.68% for the last 200 days.
Analysts’ Opinion of PEP
Many brokerage firms have already submitted their reports for PEP stocks, with Jefferies repeating the rating for PEP by listing it as a “Buy.” The predicted price for PEP in the upcoming period, according to Jefferies is $209 based on the research report published on April 05, 2024 of the current year 2024.
Morgan Stanley gave a rating of “Overweight” to PEP, setting the target price at $190 in the report published on March 18th of the current year.
PEP Trading at 0.52% from the 50-Day Moving Average
After a stumble in the market that brought PEP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -13.87% of loss for the given period.
Volatility was left at 1.20%, however, over the last 30 days, the volatility rate increased by 1.23%, as shares surge +4.00% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +1.81% upper at present.
During the last 5 trading sessions, PEP fell by -1.97%, which changed the moving average for the period of 200-days by -8.55% in comparison to the 20-day moving average, which settled at $169.99. In addition, PepsiCo Inc saw -0.15% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at PEP starting from Krishnan Ramkumar, who sale 4,563 shares at the price of $164.44 back on Mar 11 ’24. After this action, Krishnan Ramkumar now owns 59,573 shares of PepsiCo Inc, valued at $750,340 using the latest closing price.
Willemsen Eugene, the CEO, AMESA & Intl Beverages of PepsiCo Inc, sale 7,700 shares at $169.74 during a trade that took place back on Feb 23 ’24, which means that Willemsen Eugene is holding 16,715 shares at $1,306,999 based on the most recent closing price.
Stock Fundamentals for PEP
Current profitability levels for the company are sitting at:
- 0.15 for the present operating margin
- 0.54 for the gross margin
The net margin for PepsiCo Inc stands at 0.1. The total capital return value is set at 0.2. Equity return is now at value 50.90, with 9.42 for asset returns.
Based on PepsiCo Inc (PEP), the company’s capital structure generated 0.71 points at debt to capital in total, while cash flow to debt ratio is standing at 0.3. The debt to equity ratio resting at 2.41. The interest coverage ratio of the stock is 17.06.
Currently, EBITDA for the company is 17.04 billion with net debt to EBITDA at 1.92. When we switch over and look at the enterprise to sales, we see a ratio of 2.93. The receivables turnover for the company is 8.46for trailing twelve months and the total asset turnover is 0.91. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
In summary, PepsiCo Inc (PEP) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
