Keurig Dr Pepper Inc (NASDAQ: KDP)’s stock price has gone rise by 1.19 in comparison to its previous close of 31.13, however, the company has experienced a 4.24% increase in its stock price over the last five trading days. Zacks Investment Research reported 2024-04-19 that Keurig Dr Pepper’s (KDP) first-quarter 2024 results are likely to reflect gains from brand strength, significant pricing actions and a solid performance in its cold beverages.
Is It Worth Investing in Keurig Dr Pepper Inc (NASDAQ: KDP) Right Now?
The price-to-earnings ratio for Keurig Dr Pepper Inc (NASDAQ: KDP) is above average at 20.33x. The 36-month beta value for KDP is also noteworthy at 0.64. There are mixed opinions on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 rating it as “hold,” and 0 rating it as “sell.”
The public float for KDP is 1.08B, and at present, short sellers hold a 1.27% of that float. The average trading volume of KDP on April 22, 2024 was 11.05M shares.
KDP’s Market Performance
KDP’s stock has seen a 4.24% increase for the week, with a 6.02% rise in the past month and a -1.22% fall in the past quarter. The volatility ratio for the week is 1.31%, and the volatility levels for the past 30 days are at 1.54% for Keurig Dr Pepper Inc. The simple moving average for the past 20 days is 2.80% for KDP’s stock, with a -0.31% simple moving average for the past 200 days.
Analysts’ Opinion of KDP
Many brokerage firms have already submitted their reports for KDP stocks, with Morgan Stanley repeating the rating for KDP by listing it as a “Equal-Weight.” The predicted price for KDP in the upcoming period, according to Morgan Stanley is $37 based on the research report published on January 03, 2024 of the current year 2024.
HSBC Securities, on the other hand, stated in their research note that they expect to see KDP reach a price target of $37. The rating they have provided for KDP stocks is “Hold” according to the report published on December 22nd, 2023.
Jefferies gave a rating of “Buy” to KDP, setting the target price at $39 in the report published on November 13th of the previous year.
KDP Trading at 4.09% from the 50-Day Moving Average
After a stumble in the market that brought KDP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -12.48% of loss for the given period.
Volatility was left at 1.54%, however, over the last 30 days, the volatility rate increased by 1.31%, as shares surge +6.49% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +0.77% upper at present.
During the last 5 trading sessions, KDP rose by +4.24%, which changed the moving average for the period of 200-days by -0.79% in comparison to the 20-day moving average, which settled at $30.74. In addition, Keurig Dr Pepper Inc saw -5.46% 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 KDP starting from JAB Holdings B.V., who sale 13,043,478 shares at the price of $28.90 back on Mar 15 ’24. After this action, JAB Holdings B.V. now owns 283,443,879 shares of Keurig Dr Pepper Inc, valued at $376,956,514 using the latest closing price.
JAB BevCo B.V., the 10% Owner of Keurig Dr Pepper Inc, sale 13,043,478 shares at $28.90 during a trade that took place back on Mar 15 ’24, which means that JAB BevCo B.V. is holding 283,443,879 shares at $376,956,514 based on the most recent closing price.
Stock Fundamentals for KDP
Current profitability levels for the company are sitting at:
- 0.22 for the present operating margin
- 0.55 for the gross margin
The net margin for Keurig Dr Pepper Inc stands at 0.15. The total capital return value is set at 0.07. Equity return is now at value 8.59, with 4.20 for asset returns.
Based on Keurig Dr Pepper Inc (KDP), the company’s capital structure generated 0.37 points at debt to capital in total, while cash flow to debt ratio is standing at 0.09. The debt to equity ratio resting at 0.58. The interest coverage ratio of the stock is 6.44.
Currently, EBITDA for the company is 3.98 billion with net debt to EBITDA at 3.66. When we switch over and look at the enterprise to sales, we see a ratio of 3.93. The receivables turnover for the company is 9.75for trailing twelve months and the total asset turnover is 0.28. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.38.
Conclusion
In summary, Keurig Dr Pepper Inc (KDP) 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 is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
