|Bid||26.61 x 800|
|Ask||26.90 x 900|
|Day's Range||26.09 - 26.62|
|52 Week Range||20.46 - 124.36|
|Beta (3Y Monthly)||0.37|
|PE Ratio (TTM)||50.21|
|Forward Dividend & Yield||0.60 (2.15%)|
|1y Target Est||N/A|
Will Coca-Cola’s First-Quarter Results Boost Its Stock?Stock movement ahead of results Coca-Cola (KO) is scheduled to announce its first-quarter results on April 23. Coca-Cola stock was down 0.1% on a YTD basis as of April 17. Coca-Cola stock has
Although high input costs are a concern for players in the consumer staples sector, a few are likely to gain from prudent acquisitions, savings and brand augmenting efforts.
My lifestyle is set up to like Keurig Dr Pepper (NYSE:KDP). What I mean by that is my wife, from Texas where the drink originated, is a lifelong Dr. Pepper drinker. We also have a Keurig coffee machine, and I'm enjoying a pod coffee as I write this … but that doesn't mean I'm going to buy KDP stock.Source: Mike Mozart via Flickr (Modified)Since it was formed at the end of July, KDP stock has outperformed its larger rivals, Pepsi (NYSE:PEP) and Coca-Cola (NYSE:KO). But its results still lackluster, and a downgrade from Morgan Stanley (NYSE:MS), which sees the single-serve coffee fad fizzling, recently sent it down by 4%.Even at that price, it's no bargain. The company's dividend of 15 cents gives it a yield of 2.19%. In a slow-growth area like beverages, you buy stocks for dividends, not growth. Despite the caffeine jolt of the Keurig merger, this remains at heart a third-rate soda company.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The BackgroundKDP was formed last year when JAB Holdings, which had taken Keurig Green Mountain private in 2015 for $13.9 billion, used it and cash to buy publicly traded Dr Pepper Snapple Group. DPS stock holders got a special dividend of $103.75 per share. * 7 Marijuana Companies: Which Pot Stocks Should You Buy? The resulting company is the 4th largest U.S.-based beverage company, behind Pepsi, Coke and Constellation Brands (NYSE:STZ), the beer and wine outfit. It's the 10th largest beverage company in the world, less than half as large as Starbucks (NASDAQ:SBUX), and Nestle S.A. (OTCMKTS:NSRGY), the leaders in coffee.About one-fifth of the revenue comes from distributing other drinks, through a group called Allied Brands. After the merger, Allied lost one of its biggest sellers, Fiji Water, which decided to build its own distribution network, and bought Big Red, another Texas soda, for $200 million.It was the distribution network that attracted the German Riemann family to the company. It controls a host of coffee and restaurant brands through its JAB Holding and holds 87% of Keurig Dr Pepper. Where's the Growth?The stock got out of the gates quickly and outperformed its larger rivals until it got hit with the double-whammy this year. First came its 2018 earnings report, delivered at the end of February, and then came the Morgan Stanley downgrade.The numbers weren't bad. They just weren't great. Earnings for the quarter were $266 million, 19 cents per share, on revenue of $2.81 billion. Wall Street turned thumbs-down on the numbers, the stock falling to as low as $25 per share.A report last month that it was working with Anheuser-Busch Inbev (NYSE:BUD) on an electric cocktail machine, which sounds like the Keurig Kold machine discontinued in 2016, lifted the shares until the Morgan Stanley analysis sent them back down. After the smoke has cleared, you have the third-leading sugary soda company which, while it has a solid distribution network, is still inferior as a stock to its leading rivals. Instead of paying 50 times earnings for a company with $7.4 billion in revenue, and a paltry dividend, investors might pay just 14 times earnings for Pepsi with its 3% yield or 31 times earnings for Coke and its yield of 3.44%. The Bottom Line on KDP StockKDP stock was always a bet on growth, and its growth prospects from here are not outstanding.If Keurig really has topped out, you've got a bunch of sugary sodas and a distribution network that trails rivals and likely always will. I enjoy a cup of coffee and a sugary drink as much as the next man, but as for buying the space, look elsewhere.Dana Blankenhorn is a financial and technology journalist. He is the author of a new mystery thriller, The Reluctant Detective Finds Her Family, available now at the Amazon Kindle store. Write him at firstname.lastname@example.org or follow him on Twitter at @danablankenhorn. As of this writing, he owned no shares in companies mentioned in this article. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 7 Internet Stocks to Watch * 7 AI Stocks to Watch with Strong Long-Term Narratives * 10 Dow Jones Stocks Holding the Blue Chip Index Back Compare Brokers The post Keurig Dr Pepper Inc Is Losing Its Fizz appeared first on InvestorPlace.
Shares of Keurig Dr Pepper Inc. are knocked lower after Morgan Stanley turns bearish, citing evidence that the growth in single-serve coffee’s share of the “at home” coffee market is slowing.
Chipotle stock slipped after being downgraded. Meanwhile, soft drink giant Keurig Dr Pepper was also given a downgrade over fears it is losing its fizz.
fell some 4% Thursday afternoon after Morgan Stanley downgraded the stock to underweight from equal weight on concerns about valuation and greater potential risks in the coffee segment. Analyst Dara Mohsenian also lowered the company's price target from $27 to $24. Keurig Dr. Pepper has been focused on cutting its leverage by more than 50% by 2021.
The buzz around single-serve coffee like the kind you make in a Keurig machine is wearing off, according to Morgan Stanley, which downgraded Keurig Dr Pepper Inc (NYSE: KDP ) Thursday. The Analyst Dara ...
Morgan Stanley analyst Dara Mohsenian cut his rating on Keurig Dr Pepper to Underweight from Neutral and lowered his price target to $24 from $27.
Gray Television and O'Reilly Auto traded near buy points Thursday, as the stock market today rose and the Nasdaq neared its record higher from August.
Investing.com - Keurig Dr Pepper (NYSE:KDP) slumped in midday trading following an analyst downgrade that highlighted concerns about its main coffee business.
Want to participate in a research study? Help shape the future of investing tools and earn a $60 gift card! Important news for shareholders and potential investors in Keurig Dr Pepper Inc. (NYSE:KDP): The dividend payment of US$0.15...
Keurig Dr Pepper (KDP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Investing in small cap stocks has historically been a way to outperform the market, as small cap companies typically grow faster on average than the blue chips. That outperformance comes with a price, however, as there are occasional periods of higher volatility. The fourth quarter of 2018 is one of those periods, as the Russell […]
Monster Beverage (MNST) is well poised for growth, driven by momentum in the energy drinks business and strong international presence.
Keurig Dr Pepper's (KDP) growth strategies like acquisitions and partnerships position it for long-term growth. However, softness in the Coffee Systems business remains a hurdle.
How’s this for a mixed drink idea? Take one beer maker with sluggish sales looking to broaden its product offerings. Stir in a coffee and soda company hoping to shake things up. Add liquor. Keurig Dr. ...
Stocks of the two beverage companies rise on news that their in-home bartending machine will be available in several states later this year.
Keurig Dr Pepper and Anheuser-Busch InBev are moving forward with their Drinkworks joint venture intended to boost sales as both companies see their own falter.