Keurig Dr Pepper Inc (NASDAQ: KDP)’s stock price has gone rise by 0.80 in comparison to its previous close of 33.56, however, the company has experienced a 0.33% increase in its stock price over the last five trading days. The Motley Fool reported 2024-05-04 that Coca-Cola and Pepsi are good dividend stocks, but dividend growth is slower than that for Keurig Dr Pepper. Keurig Dr Pepper’s management is running a tight ship, boosting profits.
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 21.87x, which is above its average ratio. Moreover, the 36-month beta value for KDP is 0.62. Analysts have varying opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for KDP is 1.06B and currently, short sellers hold a 1.44% of that float. On May 06, 2024, KDP’s average trading volume was 11.40M shares.
KDP’s Market Performance
KDP stock saw an increase of 0.33% in the past week, with a monthly gain of 10.27% and a quarterly increase of 6.89%. The volatility ratio for the week is 1.24%, and the volatility levels for the last 30 days are 1.55% for Keurig Dr Pepper Inc (KDP). The simple moving average for the last 20 days is 6.32% for KDP’s stock, with a simple moving average of 6.85% for the last 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 10.54% 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 -2.38% of loss for the given period.
Volatility was left at 1.55%, however, over the last 30 days, the volatility rate increased by 1.24%, as shares surge +9.94% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +11.39% upper at present.
During the last 5 trading sessions, KDP rose by +0.33%, which changed the moving average for the period of 200-days by +6.08% in comparison to the 20-day moving average, which settled at $31.97. In addition, Keurig Dr Pepper Inc saw 1.53% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KDP starting from Stephens Angela A., who sale 25,000 shares at the price of $33.61 back on Apr 30 ’24. After this action, Stephens Angela A. now owns 76,081 shares of Keurig Dr Pepper Inc, valued at $840,250 using the latest closing price.
Minogue Patrick, the President, US Coffee of Keurig Dr Pepper Inc, sale 17,293 shares at $33.59 during a trade that took place back on Apr 30 ’24, which means that Minogue Patrick is holding 67,103 shares at $580,872 based on the most recent closing price.
Stock Fundamentals for KDP
Current profitability levels for the company are sitting at:
- 0.23 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 8.71, with 4.17 for asset returns.
Based on Keurig Dr Pepper Inc (KDP), the company’s capital structure generated 0.38 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 0.6. The interest coverage ratio of the stock is 5.18.
Currently, EBITDA for the company is 3.98 billion with net debt to EBITDA at 3.56. When we switch over and look at the enterprise to sales, we see a ratio of 4.04. The receivables turnover for the company is 11.39for trailing twelve months and the total asset turnover is 0.29. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.51.
Conclusion
To wrap up, the performance of Keurig Dr Pepper Inc (KDP) has been better in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
