|Bid||100.35 x 900|
|Ask||100.50 x 800|
|Day's Range||99.90 - 101.11|
|52 Week Range||95.94 - 122.51|
|PE Ratio (TTM)||29.49|
|Forward Dividend & Yield||3.71 (3.73%)|
|1y Target Est||N/A|
PepsiCo Inc. said Friday it is buying Bare Foods Co., a maker of fruit and vegetable snacks, as the global food and beverage company looks to expand its offerings of healthier fare. The deal unites the owner of Lays and Doritos snacks with a San Francisco-based startup that sells baked fruit and vegetable chips. Bare Snacks was founded in 2001 by a family-owned organic apple farm in Washington state.
What goes down must go up? That's' how I am feeling about PepsiCo , Kimberly-Clark , Procter & Gamble , Conagra and Clorox . These stocks have been slaughtered but the potential domino collapse of crude, which will quickly translate to lower oil and transport costs, coupled with the decline in yields that make their dividends much more competitive is making these stocks mouthwatering.
The aversion to processed food has the nation’s food giants finding their way to the Bay Area to buy startups on trend in terms of healthier, organic or unique offerings. The big food companies have trouble innovating, but are great at taking a good idea to scale.
PepsiCo announced on Friday their plans to purchase Bare Foods Co, a producer of fruit and vegetable-based snacks to continue their trend of investing in healthy snacking options.
PepsiCo Inc said on Friday it would buy baked fruit and vegetable snack maker Bare Foods Co, as the food and beverage company expands its fast-growing healthy snack portfolio. Bare Foods, founded in 2001 in a family owned organic apple farm, sells its Granny Smith apple chips, banana and coconut snacks at stores including Starbucks Corp and Amazon.com's Whole Foods Market. The companies did not disclose the financial terms of the deal, while CNBC, citing a source, said Pepsi paid less than $200 million.
The companies did not disclose the financial terms of the deal. Bare Foods sells Granny Smith apple chips, banana and coconut snacks and was founded in 2001 in a family owned organic apple farm in Washington. U.S. food companies have made a flurry of acquisitions in the snack food space as they seek to tap rising demand for snacks that have low salt content and are less processed.
PepsiCo Inc said on Friday it would buy baked fruit and vegetable snack maker Bare Foods Co, in a deal that underscores the company's efforts to strengthen its healthy snack portfolio. The companies did not disclose the financial terms of the deal. Bare Foods sells Granny Smith apple chips, banana and coconut snacks and was founded in 2001 in a family owned organic apple farm in Washington.
PepsiCo Inc. said Friday that it has reached an agreement to acquire Bare Foods Co., a U.S.-based food company making fruit- and vegetable-based snacks. Details of the transaction were not disclosed. Bare ...
PepsiCo Inc. is placing another bet that American nibblers want healthier options with the purchase of baked fruit and vegetable snackmaker Bare Foods Co. The maker of Mountain Dew and Cheetos inked a deal to buy the San Francisco-based creator of products including beet chips and baked apple crisps. PepsiCo, which has been fighting Americans’ departure from sodas, has increasingly relied on growth in its snack business.
Indeed, several of the largest and best-known consumer stocks in the world are trading at or near multi-year lows. Most have dropped at least 15% — a huge decline for stocks that are generally docile. Challenges in the consumer products space are very real.
In this daily bar chart of PEP, below, we can see that prices are still below the declining 50-day moving average line. The daily On-Balance-Volume (OBV) line shows a small improvement the past week or so but it is still below its March zenith. The Moving Average Convergence Divergence (MACD) oscillator crossed to the upside for a cover shorts buy signal but it remains well below the zero line and an outright go long message.
If I am right, and inflation is peaking because freight costs are coming down and oil is rolling over then we have some strong opportunities to make some money here. In the food business two stocks stick out: PepsiCo and Conagra .
The global food and beverage giant on Friday announced a deal to buy Bare Snacks, which specialises in baked fruit and vegetable chips, for an undisclosed sum. PepsiCo makes some of the best-known American snacking staples, including Pepsi sodas, Doritos and Tostitos tortilla chips, Fritos corn chips, Lay’s crisps and Cheetos cheesy puffs. The deal will add Bare’s line of baked fruit and vegetable chips, which are made from foods like apples, carrots and coconuts and baked instead of fried.
The Vanguard Dividend Appreciation ETF ( VIG) could increase more than 9% thanks to three of the underlying holdings having Wall Street price targets that are higher than their current stock prices. ETF Channel, in a guest post on Forbes.com, said that the weighted average implied analyst price target for the ETF based on the underlying holdings is $111.98 per unit. With the Vanguard Dividend Appreciation ETF trading near $102.13 per unit, this implies more than 9% upside for the fund.
Dividend stocks like consumer staples have always been safe havens in a volatile market, but they are tanking in 2018. Don't give up on dividend income yet.
If you are interested in cashing in on PepsiCo Inc’s (NASDAQ:PEP) upcoming dividend of $0.93 per share, you only have 6 days left to buy the shares before its ex-dividendRead More...
Consumer staples stocks have taken a bit of a beating this year, struggling even more than the rather sluggish performance of the broader market. As for the top three holdings in the XLP, Coca Cola is down 7.6%, PepsiCo is down 16.2%, and Procter & Gamble is down 19.3%. Far from being a warning sign that there’s something wrong with consumer staples, this “universal carnage is leaving opportunities,” according to CEO Jenny Van Leeuwen Harrington of Gilman Hill Asset Management.
, PepsiCo’s bottler in the UK, has said the recently introduced sugar tax is prompting retailers to allocate more display to low-sugar drinks, as it reported higher sales of its own zero-sugar Pepsi Max. The soft drinks company on Wednesday said that Pepsi Max’s market share had been boosted by 2 percentage points in the 52 weeks to April 14, citing data from Nielsen, the market research group.
John Shea and Stephen Piacentini are fans the fast and fresh marketing mantra Jimmy John's has used lately.
PepsiCo's (PEP) new product lineup, emerging market presence and cost-saving initiatives should boost profit. However, higher input costs along with weak results of NAB division pose threats.
Procter & Gamble (PG), for one, has boosted its payout for 62 straight years. Beverage firms, he says, have “superior pricing power” that’s “driven by greater channel diversity, less fragmented categories from a competitive standpoint, and lower private-label penetration.” And, he contends, “Large retailers are less likely to push beverage companies around as much.” Still, investors certainly have pushed Coca-Cola (KO) and PepsiCo (PEP) around, pummeling their stocks by 8% and 18% this year, respectively. PepsiCo is expected to increase earnings next year in the high-single-digit range, to $6.11, from an estimated $5.70 this year.