News articles about PepsiCo (NASDAQ:PEP) have trended somewhat positive this week, Accern Sentiment Analysis reports. Accern identifies negative and positive press coverage by analyzing more than twenty million blog and news sources in real-time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. PepsiCo earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave news stories about the company an impact score of 47.0048734152331 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next few days.
Here are some of the news stories that may have effected Accern’s rankings:
A number of equities analysts have issued reports on the company. SunTrust Banks assumed coverage on PepsiCo in a report on Monday, January 29th. They issued a “hold” rating and a $125.00 target price for the company. Credit Suisse Group reaffirmed a “neutral” rating and issued a $124.00 target price (up previously from $122.00) on shares of PepsiCo in a report on Thursday, February 1st. Stifel Nicolaus reaffirmed a “hold” rating and issued a $120.00 target price on shares of PepsiCo in a report on Friday, December 22nd. Cowen reaffirmed a “buy” rating and issued a $133.00 target price on shares of PepsiCo in a report on Tuesday, January 9th. Finally, Deutsche Bank assumed coverage on PepsiCo in a report on Wednesday, December 13th. They issued a “buy” rating and a $132.00 target price for the company. One equities research analyst has rated the stock with a sell rating, nine have assigned a hold rating, six have given a buy rating and one has given a strong buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of $123.04.
PepsiCo (PEP) traded down $0.35 during midday trading on Friday, hitting $111.64. The company’s stock had a trading volume of 7,730,272 shares, compared to its average volume of 4,677,547. PepsiCo has a 1 year low of $106.19 and a 1 year high of $122.51. The company has a market cap of $159,670.00, a price-to-earnings ratio of 21.93, a PEG ratio of 2.67 and a beta of 0.69. The company has a debt-to-equity ratio of 3.03, a current ratio of 1.51 and a quick ratio of 1.37.
PepsiCo (NASDAQ:PEP) last announced its earnings results on Tuesday, February 13th. The company reported $1.31 EPS for the quarter, beating the consensus estimate of $1.30 by $0.01. PepsiCo had a return on equity of 61.14% and a net margin of 7.65%. The company had revenue of $19.53 billion for the quarter, compared to analyst estimates of $19.40 billion. During the same quarter in the prior year, the company earned $1.20 EPS. The firm’s revenue for the quarter was up .1% compared to the same quarter last year. analysts forecast that PepsiCo will post 5.7 earnings per share for the current year.
PepsiCo announced that its Board of Directors has approved a stock repurchase plan on Tuesday, February 13th that allows the company to buyback $15.00 billion in outstanding shares. This buyback authorization allows the company to reacquire shares of its stock through open market purchases. Stock buyback plans are often an indication that the company’s board of directors believes its shares are undervalued.
The firm also recently announced a quarterly dividend, which will be paid on Friday, March 30th. Investors of record on Friday, March 2nd will be given a dividend of $0.805 per share. The ex-dividend date of this dividend is Thursday, March 1st. This represents a $3.22 annualized dividend and a dividend yield of 2.88%. PepsiCo’s payout ratio is 63.26%.
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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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