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Keurig Dr Pepper (KDP) Surges: Stock Moves 5.9% Higher

Zacks Equity Research

Keurig Dr Pepper Inc. KDP was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $26.93 to $28.21 in the past one-month time frame.

The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.

Keurig Dr Pepper currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.

Keurig Dr Pepper, Inc Price

Keurig Dr Pepper, Inc Price

Keurig Dr Pepper, Inc price | Keurig Dr Pepper, Inc Quote

Investors interested in the Consumer Staples sector may consider a better-ranked stock like Avon Products, Inc. AVP, which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
 
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