PEP - PepsiCo, Inc.
| Previous Close | 135.48 |
| Open | 135.00 |
| Bid | 134.51 x 800 |
| Ask | 134.70 x 800 |
| Day's Range | 134.48 - 135.76 |
| 52 Week Range | 104.53 - 139.18 |
| Volume | 4,848,390 |
| Avg. Volume | 4,358,254 |
| Market Cap | 188.347B |
| Beta (3Y Monthly) | 0.46 |
| PE Ratio (TTM) | 14.91 |
| EPS (TTM) | 9.03 |
| Earnings Date | Oct 3, 2019 |
| Forward Dividend & Yield | 3.82 (2.82%) |
| Ex-Dividend Date | 2019-09-05 |
| 1y Target Est | 134.95 |
- Kiplinger
Best and Worst States at Minting Millionaires Since the Financial Crisis
The 10-year bull market in stocks and longest economic expansion in U.S. history have minted many a millionaire since the darkest days of the Great Recession.A decade ago, less than 1 in 20, or 4.9%, of all U.S. households were considered to be millionaires, according to Phoenix Marketing International, which tracks the affluent market. That means they held at least $1 million in investable assets, such as cash, stocks, bonds and funds, among other types of investments. Real estate such as the family home, employer-sponsored retirement plans and business partnerships don't count.Cut to today, and 6.2% of all U.S. households are millionaires. In raw numbers, the nation's ranks of millionaires grew by more than 2 million over the past 10 years.Naturally, the gains haven't been distributed evenly. Although every state and the District of Columbia has more millionaire households today than it did in 2008, some areas of the country are gaining millionaires as a percentage of total households at a much faster clip than others.Kiplinger.com annually ranks all 50 states plus Washington, D.C., by their respective concentrations of millionaires. In the most recent tally, New Jersey leapfrogged long-time leader Maryland for the top spot. Nearly 9% of New Jersey households are millionaires vs. 8.9% for Maryland, which led the country in millionaires as a percentage of households from 2011 through 2017 before slipping to fourth place.That got us thinking: How have state millionaire concentrations shifted since the financial crisis? Here, we look at the five best states that have risen through the millionaire rankings since the Great Recession ... and the five that have experienced the biggest dropoffs. SEE ALSO: 25 Small Towns With Big Millionaire Populations
- American City Business Journals
Coca-Cola installs first 'Litter Gitter,' 'Bandalong' system in southwest Atlanta
The Atlanta-based beverage giant installed the first of six trash trap systems in a southwest Atlanta creek that are meant to collect downstream litter.
- PR Newswire
From Tahini to Turmeric: Americans' Global Flavor Preferences Drive Snack Business Innovation
Latest Frito-Lay U.S. Snack Index Reveals Ongoing Evolution of Palates and Globalization of Flavor, Powering Demand for Greater Variety and More Adventurous Snacks PLANO, Texas , Sept. 19, 2019 /PRNewswire/ ...
- Investopedia
Why Big ETFs Are Seeing Outflows As Smaller Rivals Gain
Stocks have soared in 2019, yet some of the biggest ETFs are seeing net outflows or slow growth as investors shift to smaller and more focused funds.
- Zacks
3 Large-Cap Dividend Stocks to Buy After Fed Cuts Interest Rates for Second Time
We searched, using our Zacks Stock Screener, for large-cap dividend stocks investors might want to buy after the U.S. Federal Reserve cut interest rates for the second time...
- Kiplinger
17 Consumer Staples Stocks to Take the Edge Off Your Portfolio
Consumer staples stocks have largely fallen off the radar in recent months. Investors have been much more focused on growth as corporate earnings have pleasantly surprised, the U.S.-China trade spat showed signs of hope and the Federal Reserve decided to keep interest rates steady.Naturally, these more defensive companies haven't been especially red-hot of late. Consumer staples stocks have lagged the marketwide bounce that took shape beginning in late December. But with many other sectors starting to feel the weight of unwieldy gains, and with China trade talks yet again hitting turbulence, the sector might be ready to heat up again.Steve Azoury, founder of financial planning firm Azoury Financial, says, "Consumer staples, the products that people use every day, will always be a big part of America's economy." "The trick," he adds, is identifying the companies that "will stay innovative and update their products and services to excite their customers, and thus the stock prices for investors."Here are 17 of the best consumer staples stocks to invest in at the moment. While some of these are blue-chip stocks that should ring a bell, others are lesser-known companies that serve as the backbone of brands you may be more familiar with. Almost all of them provide varying levels of dividend income. SEE ALSO: 57 Dividend Stocks You Can Count On
- MarketWatch
SodaStream to shut down for Sept. 20 global climate strike
SodaStream International, the sparkling-water brand, said Wednesday that it will be shutting down its global e-commerce and head-office operations for one day on Friday, Sept. 20, to support the Global Climate Strike. Operations will cease for 24 hours starting at 8 a.m., and the company is encouraging its workers to participate in local events. SodaStream is part of the PepsiCo Inc. portfolio of brands. PepsiCo stock has gained 22.8% in 2019, outpacing the S&P 500 index , which is up 19.5% for the period.
- Zacks
PepsiCo (PEP) Dips More Than Broader Markets: What You Should Know
PepsiCo (PEP) closed at $134.88 in the latest trading session, marking a -1.14% move from the prior day.
- Yahoo Finance
Actress Shailene Woodley: Plastics have caused a true ocean, marine crisis
Actress and environmental activist Shailene Woodley joins Yahoo Finance to chat about her efforts to rid the world of harmful plastics in oceans.
- PR Newswire
PepsiCo Accelerates Plastic Waste Reduction Efforts
PURCHASE, N.Y., Sept. 13, 2019 /PRNewswire/ -- PepsiCo, Inc. (PEP) today announced a new target to reduce 35% of virgin plastic content across its beverage portfolio by 2025, which equates to the elimination of 2.5 million metric tons of cumulative virgin plastic. Progress will be driven by the company's increased use of recycled content and alternative packaging materials for its beverage brands, including LIFEWTR®, bubly™ and Aquafina®, which recently announced sustainable packaging efforts. Additionally, through the expansion of PepsiCo's SodaStream® business, an estimated 67 billion plastic bottles will be avoided through 2025.
- InvestorPlace
Why You Should Buy Pepsi Instead of Coca-Cola Stock
Coca-Cola (NYSE:KO) stock is more expensive than PepsiCo (NASDAQ:PEP) in most value metrics for the two companies' valuations in relation to their sales, earnings and cash flow.Source: Elvan / Shutterstock.com For example, KO trades at 24 times its forward price-to-earnings ratio. It also is valued at 25.1 times enterprise value to EBITDA. By contrast, PEP trades at 23 times earnings and has an EV-to-EBITDA ratio of 17.1.Another example is that the market values KO stock's enterprise value at 8.2 times its sales, whereas PEP is at 3.4 times EV-to-sales.InvestorPlace - Stock Market News, Stock Advice & Trading Tips Differences with Dividends and YieldsKO stock has a slightly higher dividend yield than PEP. Coca-Cola stock yields 2.9% and PepsiCo's yield is 2.8%.However, KO spends more of its earnings on dividends, paying out 77.4%. PEP pays out only 68.4 % of its earnings-per-share in dividends.If PEP paid out 77.4% in dividends like KO, its dividend per share would be 13.1% higher -- $4.32 annually. So at today's price of ~$136.36, PEP's dividend yield would be higher than KO's -- 3.17% vs. KO stock's 2.94%.Moreover, KO has grown its dividends at only 6.85% during the past five years. PepsiCo dividends have grown faster at 9.88% over the same period. And remember PEP pays out less of its earnings, so its growth rate would be even higher on a comparable payout basis. * 10 Big IPO Stocks From 2019 to Watch PEP's Total Return Has Been Better Than KO, Despite Being CheaperNormally you would think that since KO stock is more expensive than PEP its stock performance would have been better than PEP's. But over the past year, KO stock has risen 19% and PEP has risen 20%. So PEP has outperformed Coca-Cola by 5.37%.Even more interesting is that PEP's total return has also been better. Remember that KO has a higher dividend yield than PEP -- 2.94% (KO) vs. 2.81% (PEP). If you add in the actual dividends declared over the past year, KO has paid out $1.59 per share in dividends. One year ago KO's price was $46.02, so the dividends paid earned investors 3.46%.PEP declared $3.765 per share in dividends over the past year. Based on the year-ago price of $113.85, these dividends earned investors 3.31%.On a total return basis, Coca-Cola stock earned investors 22.46% (19 % price appreciation plus 3.46% in dividends). But PEP earned their investors 23.34% (20.03 % plus 3.31%).So, even though PEP is cheaper than KO stock and has a lower dividend yield, investors in PepsiCo would have made 3.89% more on their investment than those in Coca-Cola stock, including dividends. Why Has PEP Outperformed KO Stock?The answer here is mixed. In Q2, Coca-Cola grew its EPS 12% over the past year in Q2. PepsiCo's EPS grew 13%.But both companies also measure their earnings on an "organic" basis, which strips out currency effects and other non-comparable distortions. KO's organic EPS was up 6% but PEP had 0% growth.The measure I like to look at is free cash flow (FCF). This is a measure of actual cash flow returns. Based on my analysis, Coca-Cola had an amazing 46.5% increase over the past year. PepsiCo's FCF grew a respectable 35.7%.But even that measure is not a perfect comparison. For example, PEP spent a much larger amount of money on capital expenditures, in both dollar volume and as a percent of sales, than Coca-Cola -- effectively investing for future performance. If the two capex numbers are put on a comparable basis, PepsiCo's FCF growth would be as good as Coca-Cola's.So by some measures, Coca-Cola performed better than PepsiCo, and in others, PepsiCo outperformed. There is no clear winner here.Maybe the difference between the two companies is how they see the future. Future Guidance for the Companies Is Very SimilarKO indicated that its EPS is likely to be -1% to +1% higher in 2019 over 2018. PepsiCo has guided to a 1% lower EPS number for 2019.These are not big differences. * 7 Discount Retail Stocks to Buy for a Recession In fact, the only real difference I can see between the companies is that that PEP's stock is significantly cheaper than KO's stock valuation. I pointed this out at the beginning of this article. SummaryPEP's stock is cheaper and outperformed KO stock. There is not much difference in their financial performance.I suspect PEP is therefore likely to perform better than KO stock on a total return basis over the next year.As of this writing, Mark Hake, CFA does not hold a position in any of the aforementioned securities. Mark Hake runs the Total Yield Value Guide which you can review here. The Guide focuses on high total yield value stocks and was launched on August 30. Subscribers during September receive a 20% discount, plus a two-week free trial. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Battered Tech Stocks to Buy Now * 7 Strong-Buy Stocks Hedge Funds Are Buying Now * The 7 Best Penny Stocks to Buy The post Why You Should Buy Pepsi Instead of Coca-Cola Stock appeared first on InvestorPlace.
- PR Newswire
Buy, Scan, Cash In: PepsiCo Launches Cash Back Loyalty Program with PayPal and Venmo
PURCHASE, N.Y., Sept 12, 2019 /PRNewswire/ -- Mountain Dew® and Doritos® are purchased together nearly as much as peanut butter and jelly. Now, having the good taste to pair those two pays off thanks to PepsiCo's first-ever cash-back loyalty program—PepCoin by PepsiCo, a digital program that's perfect for the on-the-go consumer.
- InvestorPlace
Canopy Growth Stock Needs to Be One of Your Main Cannabis Plays
Canopy Growth (NYSE:CGC) has bounced back by 16.3% so far in September after a brutal sell-off over the past few months. I recommended Canopy Growth stock back on Au. 30. I felt the stock had been oversold given how little its fundamental picture has changed.Source: Shutterstock A brand new report on Canadian cannabis market share seems to confirm the idea that Canopy is dominating the nascent Canadian market. Experienced investors know a first-mover advantage is extremely valuable in the long-term.One of the biggest reasons why CGC stock has dropped in the past few months is because its losses have been heavier than expected. However, the early market share numbers suggest Canopy's strategy of aggressively investing in ramping up its business is already paying off.InvestorPlace - Stock Market News, Stock Advice & Trading Tips The NumbersBank of America found Canopy has a 25% market share of all cannabis listings in Canada. The study included 1,980 listings, 101 brands and 39 different cannabis producers. * 10 Stocks to Sell in Market-Cursed September Canopy Growth Corp has the largest share of the Canadian market by a long shot. Analyst Christopher Carey says Canopy's market share is roughly double the 13% market share of its closest competitors, Aurora Cannabis (NYSE:ACB) and Organigram (NASDAQ:OGI).Carey says establishing that first-mover advantage is critical."Establishing distribution - early and big - can be significant in creating long-term market share moats for a business competing in new consumer categories prone to fragmentation," he said.Unfortunately, the market share study wasn't all good news for Canopy Growth stock. The 25% "share of listings" represents product already on shelves throughout Canada. Bank of America also looked at "sell-in," or total retail purchases of cannabis. Sell-in represents the future share of listings. In that statistic, Canopy has dropped to second place with 22%, trailing Aurora at 27%. The Future of CannabisCarey says investors shouldn't get too worried about Canopy losing sell-in share. In the June quarter, Canopy's harvest jumped 183% quarter-over-quarter, much of which was hot-selling THC flower.Carey is expecting this spike in harvest will translate to a 33% quarterly increase in Canopy sell-in in the fiscal second quarter of 2020. That big push could push Canopy back ahead of Aurora in sell-in share.Obviously having that top market share spot is ideal, but as long as Canopy remains at or near the top, investors should be rewarded in time. Certainly, investors want Canopy Growth to be the Coca-Cola (NYSE: KO) of cannabis, but it will be just fine if Canopy Growth stock ends up the PepsiCo (NASDAQ: PEP) of Canadian cannabis.In fact, PEP stock has generated a total return of more than 2,630% over the past 30 years. KO stock has a total return of 2,570% in that time. How to Play Canopy Growth StockThe latest Canadian market share numbers were certainly good enough to keep Carey in the bull camp when it comes to CGC stock."Canopy remains a company, if a still imperfect story, with a chance at becoming a leading global player in cannabis, especially given its industry leading [balance] sheet and partnership," he said.Bank of America has a "buy" rating and $27.66 price target for Canopy Growth stock.If you are a cannabis investor that believes the industry is just getting started, I think you can't go wrong owning Canopy Growth stock. My only recommendation would be to hedge your bets by owning ACB stock and at least two or three other cannabis stocks as well.As much as you love Canopy Growth stock and think Canopy will end up as the Coke or Pepsi of cannabis, it is still extremely early in the cannabis game. Especially in the event of U.S. legalization, there will be plenty of demand to support multiple market winners.It's likely most of the smaller names can't beat out Canopy Growth Corp and Aurora directly. But they might make appealing buyout targets down the line.I would recommend all cannabis investors buy Canopy Growth stock, ACB stock and at least two more of their favorite cannabis plays for a more diversified approach to the market.As of this writing, Wayne Duggan did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Stocks to Sell in Market-Cursed September * 7 of the Worst IPO Stocks in 2019 * 7 Best Stocks That Crushed It This Earnings Season The post Canopy Growth Stock Needs to Be One of Your Main Cannabis Plays appeared first on InvestorPlace.
- Benzinga
NACFE Announces 10 Drivers Participating In Its Run On Less Regional Challenge
NACFE will announced the initial results of the run at the North American Commercial Vehicle Show on Oct. 28 in Atlanta. "We will also graph out some of the really important information from running regional [routes] — things like vehicle speed, so if the truck operates on the freeway for a long point in time, or did it have a lot of starts and stops where the vehicle speed was much lower," that will all be recorded.
- Zacks
PepsiCo (PEP) Stock Sinks As Market Gains: What You Should Know
PepsiCo (PEP) closed at $135.86 in the latest trading session, marking a -0.4% move from the prior day.
- PR Newswire
PepsiCo Recycling and Diary of a Wimpy Kid author, Jeff Kinney, Team Up to Inspire Recycling Habits in School
PURCHASE, N.Y., Sept. 10, 2019 /PRNewswire/ -- PepsiCo Recycling and Jeff Kinney, acclaimed author of the internationally bestselling Diary of a Wimpy Kid children's book series, today announced the "Be Awesome! Recycle!" campaign. Just in time for back-to-school, this will support PepsiCo's Recycle Rally program, which provides U.S. K-12 schools with an array of recycling resources and incentives.
- PR Newswire
MTN DEW®, MTN DEW® AMP® GAME FUEL® And DORITOS® Join Activision To Celebrate Call of Duty®: Modern Warfare®
PURCHASE, N.Y., Sept. 10, 2019 /PRNewswire/ -- Bravo six, going dark. MTN DEW, MTN DEW AMP GAME FUEL and DORITOS today are joining forces with Activision's celebrated Call of Duty franchise, in time for the highly anticipated release of Call of Duty®: Modern Warfare®. As part of the groundbreaking program, players will be able to unlock in-game rewards inside Modern Warfare with the purchase of any participating MTN DEW AMP GAME FUEL, MTN DEW or DORITOS products, simply by entering unique codes found on the packaging.
- InvestorPlace
Canopy Growth’s New CFO Has a Credible Plan to Revive the Company
As one of the leaders of the cannabis sector, Canopy Growth (NYSE:CGC) stock has had its share of ups and downs over the years. Lately, the firm has had a lot more negatives than positives, and much of that pain has been self-inflicted.As a result,Canopy's big backer, Constellation Brands, (NYSE:STZ) had a major falling out with Canopy. Constellation seemingly forced out Canopy's CEO, and has now overhauled its whole management team. Consequently, CGC has reworked its strategy.Source: Shutterstock In recent months, traders have dumped CGC stock, due to both the lousy marijuana stock environment and Canopy's particular issues.InvestorPlace - Stock Market News, Stock Advice & Trading TipsIt's not surprising that traders are nervous, given that the firm still doesn't have a permanent CEO or positive earnings per share at this point. However, give credit where it is due. The company's new CFO, Mike Lee, is making a solid pitch to the market. Lee, for those unfamiliar, previously worked for beverage companies, including E & J Gallo Winery and Pepsico (NYSE:PEP). Most recently, he served as a senior VP in Constellation's wine and spirits business, making him a natural pick as Constellation tries to right CGC's ship.Lee just took over as acting CFO at the beginning of June. Despite his brief tenure, Lee made a strong argument for sticking with CGC stock earlier this month at the Barclays Consumer Staples conference. Let's start with his explanation for one of the bears' biggest concerns about Canopy Growth stock: CGC's weak profitability and its large operating losses. * 7 Industrial Stocks to Buy for a Strong U.S. Economy Canopy Explains Its Weak Profit MarginsA big bone of contention surrounding CGC stock has been its weak profit margins. Canopy's gross margin slumped from the 40% range to barely 20% in recent quarters.Lee said that some folks have not really understood what's been going on. When Canopy launched, he says, the company had three large growing facilities available. It could either go "pedal to the metal" to get production rolling full blast from day one or take a more measured approach. CGC went for the first option, grabbing a big chunk of the initial market share.As a result, however, its operations had some serious inefficiencies. Canopy is now reworking its production. But its overhead costs remain high, which makes its whole profit/loss picture look ugly. Once its facilities are reconfigured to a more optimum set-up, however, Lee says that Canopy will get back to 40% gross profit margins. He expects that to occur "in the near future."At the moment, he says,CGC is generating gross margins in the mid-to-high 30s range once those extra costs are backed out. And with optimization and a better product mix, its margins will surge back over 40% again, the CFO stated. This metric will be a key test for CGC stock in coming quarters. The new management team has laid out a clear and credible path to improved profitability. Let's see if it can deliver. Big Vaping PushCanopy likes to talk about how Canada is entering the recreation 2.0 stage of the market. That is, the cannabis sector is becoming a much wider playing field as new products such as edibles come online. A big part of Canopy's strategy revolves around vaping. Unlike its peers, who are marketing third-party products, Canopy has had its team develop in-house capabilities that could be a huge boon for CGC. According to Lee, its new CFO:"So, we're coming out with plus or minus 15 SKUs, multiple devices, a variety of price points. And I can't steal the thunder from announcements coming later this year, but we think that it's going to be a very competitive portfolio of products that, yes, we think will grow the category, perhaps convert some of the illicit market into the legal market […] so it's very important."Building a proprietary product portfolio is appealing. It results in much higher margins, after all, since the proceeds don't have to be shared with a middleman. Given its efforts to develop its own vaping products, CGC has a built-in catalyst. Traders can look forward to its forthcoming announcements on vaping later this year.And, as Lee rightly notes, one issue with the marijuana market in Canada so far is that many people keep buying product through back channels. If Canopy can help spur more people to buy cannabis legally, it would help clear the inventory backlog that has been a thorn in the side of so many marijuana stocks this year. The Verdict on CGC StockInvestorPlace contrubutor Luke Lango recently explained why he is still bullish on the long-run outlook of CGC stockThe big picture here is that you have a cannabis industry that is in the top of the first inning of a multi-year, global growth narrative […] Judging the long-term fate of a cannabis company because they missed sales or earnings estimates last quarter seems … foolish.I don't own any CGC stock at this point. I expect the cannabis industry to continue to have challenging months ahead as it struggles with oversupply. But for a long-term investor who is willing to endure potential losses for the time being, Canopy Growth looks like one of the better options.Constellation is a well-funded backer, and it appears that it's putting a competent management team in place to run things going forward. Let's see who takes over as its CEO, but in the meantime, the new CFO is offering a reasonable plan that could pay off well in coming years.At the time of this writing, Ian Bezek held no positions in any of the aforementioned securities. You can reach him on Twitter at @irbezek. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 3 Artificial Intelligence Stocks to Buy * 7 Industrial Stocks to Buy for a Strong U.S. Economy * 3 Beaten-Down Bank Stocks to Buy and Hold for the Long Term The post Canopy Growth's New CFO Has a Credible Plan to Revive the Company appeared first on InvestorPlace.
- Yahoo Finance
Coca-Cola products are ‘out of touch with the modern consumer,' founder of Coca-Cola backed beverage co. says
Iris Nova, parent company to Dirty Lemon, wants to compete with incumbent beverage giants like Coca-Cola and PepsiCo.
- Zacks
Should You Invest in the Fidelity MSCI Consumer Staples Index ETF (FSTA)?
Sector ETF report for FSTA
- Benzinga
5 Companies Taking Big Steps To Reduce Virgin Plastic Waste
Reducing virgin plastic waste has been one of the most popular corporate sustainability efforts made by public companies in recent years. Adidas AG (ADR) (OTC: ADDYY) has long been recognized as a leader in corporate sustainability and has announced its plan to eliminate virgin plastic use from its products by 2024. The company also partnered with Parley for the Oceans in 2015, an environmental organization that raises awareness for the beauty and fragility of the oceans and enacts strategies to end their destruction.
- Investor's Business Daily
Sell And Take Profits In Top Growth Stocks, Or Hold? Several Guidelines To Follow
There are numerous instances when it is smart to cash in on a gain of 20% to 25% in your top stocks. Also, stay disciplined in keeping a 3-to-1 win-loss ratio.
- Motley Fool
Where Will PepsiCo Be in 5 Years?
This classic dividend stock should remain a recession-resistant investment.
- Zacks
PepsiCo (PEP) Outpaces Stock Market Gains: What You Should Know
In the latest trading session, PepsiCo (PEP) closed at $139.15, marking a +1.23% move from the previous day.
- Yahoo Finance Video
News on the Move: Israel election squeaker, Houston flooding, Pizza Hut's new pizza
Yahoo Finance's Adam Shapiro hits today's top stories.
