News coverage about Pepsico (NASDAQ:PEP) has trended somewhat positive on Thursday, Accern Sentiment reports. The research firm identifies negative and positive news coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores nearest to one being the most favorable. Pepsico earned a news impact score of 0.22 on Accern’s scale. Accern also gave news articles about the company an impact score of 45.7508442886864 out of 100, indicating that recent news coverage is somewhat unlikely to have an effect on the stock’s share price in the immediate future.
These are some of the news articles that may have impacted Accern Sentiment’s scoring:
Pepsico (PEP) traded down $0.13 during midday trading on Thursday, reaching $119.05. The company had a trading volume of 5,861,548 shares, compared to its average volume of 3,690,000. Pepsico has a 52 week low of $102.17 and a 52 week high of $120.57. The company has a market cap of $169,310.00, a P/E ratio of 24.60, a price-to-earnings-growth ratio of 3.04 and a beta of 0.68. The company has a debt-to-equity ratio of 2.32, a current ratio of 1.35 and a quick ratio of 1.21.
The firm also recently disclosed a quarterly dividend, which was paid on Monday, January 8th. Investors of record on Friday, December 1st were issued a $0.805 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $3.22 annualized dividend and a yield of 2.70%. Pepsico’s payout ratio is 66.53%.
PEP has been the subject of several recent analyst reports. Royal Bank of Canada reaffirmed a “hold” rating on shares of Pepsico in a research report on Sunday, November 12th. Zacks Investment Research raised Pepsico from a “hold” rating to a “buy” rating and set a $123.00 price target for the company in a research report on Tuesday, October 31st. Deutsche Bank initiated coverage on Pepsico in a research report on Wednesday, December 13th. They issued a “buy” rating and a $132.00 price target for the company. Stifel Nicolaus reaffirmed a “hold” rating and issued a $116.00 price target on shares of Pepsico in a research report on Friday, October 13th. Finally, Wells Fargo & Co lifted their price target on Pepsico from $110.00 to $115.00 and gave the stock a “market perform” rating in a research report on Thursday, January 4th. One investment analyst has rated the stock with a sell rating, eight have assigned a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $123.18.
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Pepsico Company Profile
PepsiCo, Inc is a global food and beverage company. The Company’s portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. The Company operates through six segments: Frito-Lay North America (FLNA), Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA).
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