PEP - PepsiCo, Inc.

NasdaqGS - NasdaqGS Real Time Price. Currency in USD
132.34
+0.28 (+0.21%)
At close: 4:00PM EDT
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Previous Close132.06
Open132.07
Bid131.99 x 1000
Ask132.68 x 800
Day's Range131.62 - 133.64
52 Week Range104.53 - 135.24
Volume2,936,911
Avg. Volume4,422,093
Market Cap185.034B
Beta (3Y Monthly)0.53
PE Ratio (TTM)14.65
EPS (TTM)N/A
Earnings DateN/A
Forward Dividend & Yield3.82 (3.00%)
Ex-Dividend Date2019-09-05
1y Target EstN/A
Trade prices are not sourced from all markets
  • PepsiCo (PEP) Gains But Lags Market: What You Should Know
    Zacks

    PepsiCo (PEP) Gains But Lags Market: What You Should Know

    In the latest trading session, PepsiCo (PEP) closed at $132.34, marking a +0.21% move from the previous day.

  • Stakeholder Capitalism Will Fail If It’s Just Talk
    Bloomberg

    Stakeholder Capitalism Will Fail If It’s Just Talk

    (Bloomberg Opinion) -- For 47 years, the Business Roundtable has lobbied on behalf of corporate America. Much of that time, it maintained a fiction(1) -- that the sole purpose of a corporation was to maximize profits on behalf of shareholders. This philosophy has been under assault for several years now, and this week the Business Roundtable announced it wants to put it to rest.In a widely circulated memo, the 200-member organization reversed itself, writing that "shareholder primacy” is no longer the sole purpose of a corporation. Instead, corporations must include a commitment to “all stakeholders,” which includes customers, employees, suppliers and local communities.Some kudos are in order for JPMorgan Chase & Co. Chief Executive Officer Jamie Dimon, and chairman of the Business Roundtable, for driving these changes. He has been discussing the need for a more inclusive form of capitalism, both in public speeches and in his letters to shareholders, for some time.But turning this aircraft carrier around won’t be easy, in large part because of the group's own history. Indeed, the Roundtable has spent most of the past four decades advocating against the interests of those exact stakeholders. To cite some of the more notable examples:\-- It fought the rise of labor unions and pro-union legislation;\-- Helped to defeat antitrust bills;\-- Prevented the formation of the Consumer Protection Agency;\-- Opposed corporate governance changes to make boards of directors and CEOs more accountable to stockholders;\-- Fought proper accounting of stock options given as compensation to executives and insiders;\-- Opposed increases in the national minimum wage (it now favors increases);\-- Lobbied to prevent restrictions on executive compensation;\-- Fought legislation that would create cleaner energy and address climate change;\-- Pushed for corporate income-tax cuts;\-- Supported anti-consumer Supreme Court decisions, including the fiction that corporations are legal people, and that campaign donations equal speech.   The Roundtable might respond that this is all in the past. Let’s hope so. But the organization has an even greater challenge: Scan the list of 181 signatories to the recent memo and it's a Who’s Who of corporate behavior that has burdened and disadvantaged the very stakeholders they will now champion.Consider a few of the signatories:\-- Amazon.com Inc. and Apple Inc.:  Two of the most valuable companies in the world are famously effective at using various tax dodges to avoid paying their fair share. I can recall when the Internal Revenue Service went after maneuvers that serve no valid business purpose other than tax avoidance. Consider that what isn't paid in tax by those who avoid them must be made up for by those who do -- mostly average Americans who also happen to be customers of these companies.The share of federal tax revenue paid by corporations has dropped by two-thirds in the past seven decades -- from 32% in 1952 to 10% in 2013; and corporate income tax as a share of gross domestic product has fallen from about 6% in 1946 to about 1.5% today.\-- Visa Inc., Mastercard Inc. and American Express Co.: Show good faith -- working with card-issuing banks as needed -- by simplifying the incomprehensible small print in the cardholder agreement and spell out in clear language the terms and penalties for late payment. Second, do the same for mandatory arbitration clauses that take away the right of customers to seek redress in public courts.\-- Ameriprise Financial Inc., Morgan Stanley and Principal Financial Group Inc: The brokers and insurers on the list have been zealous opponents of the fiduciary rule. Instead, they prefer a less stringent rule that allows them to sell products that are better for them than for their customers. Until those firms -- and Citigroup Inc. and JPMorgan are in this group -- embrace a higher duty of care, their gestures toward stakeholders are hollow. Oh, and they should drop the requirement that customers agree to mandatory arbitration clauses as one of the conditions for opening a brokerage account.\-- Coca Cola Co. and PepsiCo Inc.: For years these companies have been helping the American public achieve record levels of diabetes and obesity by selling health-damaging sugary drinks. They should acknowledge and warn customers of the consequences of consuming too much of their products, and accept the same kinds of taxes and health warnings now affixed to cigarettes.\-- Deere & Co.: The maker of farm machinery has led the fight against customers, insisting that they not make repairs to the equipment they own, and denying them access to parts and instructions. Repairs can only be made by Deere service technicians in what has come to be known as a “repair monopoly.” Apple, by the way, does the same thing.\-- Walmart Inc. and McDonald's Corp.: Both were steadfast opponents of increases in minimum wages for years. Although both now offer higher minimum pay, it was only after a tightening labor market forced them to increase wages. But this wasn't a case of corporate altruism -- their stores were messy and employees were sullen, and pay increases were part of plans to keep ill-treated customers from defecting. (McDonald's is not a signatory to the Roundtable memo).For the Roundtable commitment to be meaningful, the signatories are going to have to alter their behavior in ways large and small, and maybe even in ways that aren't always optimal for maximizing short-term profits. Still, we should be encouraged. But the proof will be in the follow through and the actual actions of the Roundtable members.(Corrects to clarify section on credit-card companies to indicate the role of banks in setting terms for customers.   )(1) In “The Shareholder Value Myth,” Lynn Stout explained how the entire theory is based on a misreading of a 1919 court case -- Dodge vs. Ford – at the time, both privately held, non-public companies.To contact the author of this story: Barry Ritholtz at britholtz3@bloomberg.netTo contact the editor responsible for this story: James Greiff at jgreiff@bloomberg.netThis column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Barry Ritholtz is a Bloomberg Opinion columnist. He is chairman and chief investment officer of Ritholtz Wealth Management, and was previously chief market strategist at Maxim Group. He is the author of “Bailout Nation.”For more articles like this, please visit us at bloomberg.com/opinion©2019 Bloomberg L.P.

  • 3 Blue-Chip Dividend Stocks to Buy as Bond Yields Fall & Global Worries Rise
    Zacks

    3 Blue-Chip Dividend Stocks to Buy as Bond Yields Fall & Global Worries Rise

    Check out these 3 blue-chip dividend stocks to buy as bond yields fall...

  • New Yorkers find JetBlue logo on landmark Pepsi-Cola sign hard to swallow
    American City Business Journals

    New Yorkers find JetBlue logo on landmark Pepsi-Cola sign hard to swallow

    The move is part-advertisement and part-celebratory as JetBlue switched from Coke to Pepsi for its drink service.

  • FMX vs. PEP: Which Stock Should Value Investors Buy Now?
    Zacks

    FMX vs. PEP: Which Stock Should Value Investors Buy Now?

    FMX vs. PEP: Which Stock Is the Better Value Option?

  • These 3 Large-Cap Stocks Are Good Performers
    GuruFocus.com

    These 3 Large-Cap Stocks Are Good Performers

    Alibaba tops the list Continue reading...

  • Why Coca Cola & Pepsico both are launching aluminum canned waters
    Yahoo Finance

    Why Coca Cola & Pepsico both are launching aluminum canned waters

    Beverage giants like Coca-Cola (KO) and Pepsico (PEP) continue to invest in their water brands Dasani and Aquafina, however with a new focus in mind — the environment.

  • PepsiCo (PEP) Outpaces Stock Market Gains: What You Should Know
    Zacks

    PepsiCo (PEP) Outpaces Stock Market Gains: What You Should Know

    PepsiCo (PEP) closed the most recent trading day at $130.72, moving +1.24% from the previous trading session.

  • Has Pepsico (PEP) Outpaced Other Consumer Staples Stocks This Year?
    Zacks

    Has Pepsico (PEP) Outpaced Other Consumer Staples Stocks This Year?

    Is (PEP) Outperforming Other Consumer Staples Stocks This Year?

  • Gatorade likes what it sees in lacrosse league
    American City Business Journals

    Gatorade likes what it sees in lacrosse league

    Gatorade has become the latest brand to enlist with the Premier Lacrosse League, signing on as the official sports drink of the first-year property. Neither side would disclose the financial terms, but PLL co-founder Paul Rabil told Sports Business Journal in April that the league was asking low seven figures annually for its larger partnerships. Gatorade will supply its drinks to players in the PLL and those in its junior academy.

  • 3 Dividend Stocks That Pay You More Than Pepsi Does
    Motley Fool

    3 Dividend Stocks That Pay You More Than Pepsi Does

    Put more fizz in your portfolio with these solid dividend stocks.

  • Coca-Cola touts new packaging as part of Dasani's 'largest sustainability initiative' ever
    American City Business Journals

    Coca-Cola touts new packaging as part of Dasani's 'largest sustainability initiative' ever

    Coca-Cola is continuing its environmental push with new recycled bottles and aluminum cans for its Dasani bottled water brand.

  • Benzinga

    UPS Takes Rare Step Outside Four Walls, Names Pepsi Executive New CFO

    UPS Inc. (NYSE: UPS) said today it has named Brian Newman, executive vice president of finance and operations, Latin America for PepsiCo. Newman, 50, will take over on September 16 from Richard Peretz, who has held the job for four years. Peretz, 57, will retire at the end of the year, and will remain with UPS until then to ensure a smooth transition, UPS said.

  • The Zacks Analyst Blog Highlights: Walmart, Kimberly-Clark, McCormick & Company, PepsiCo and Cintas
    Zacks

    The Zacks Analyst Blog Highlights: Walmart, Kimberly-Clark, McCormick & Company, PepsiCo and Cintas

    The Zacks Analyst Blog Highlights: Walmart, Kimberly-Clark, McCormick & Company, PepsiCo and Cintas

  • UPS picks up Pepsico exec to be delivery giant's new CFO
    American City Business Journals

    UPS picks up Pepsico exec to be delivery giant's new CFO

    Brian Newman, currently executive vice president, finance and operations, Latin America for PepsiCo, will become UPS's CFO on Sept. 16.

  • Investing.com

    Stocks - JD.com, Verizon Rise Premarket; Exxon Mobil Falls

    Investing.com - Stocks in focus in premarket trading on Tuesday:

  • 5 ROE Stocks to Profit as Trade War Spurs Volatility
    Zacks

    5 ROE Stocks to Profit as Trade War Spurs Volatility

    ROE is often used to compare the profitability of a company with other firms in the industry - the higher, the better.

  • 5 Dividend Aristocrats to Buy in a Nail-Biting Market Scenario
    Zacks

    5 Dividend Aristocrats to Buy in a Nail-Biting Market Scenario

    From Hong Kong unrest to no trade deal in sight, things aren't looking up for the stock market this August. In such a scenario, dividend stocks might help.

  • Better Buy: PepsiCo vs. McDonald's
    Motley Fool

    Better Buy: PepsiCo vs. McDonald's

    We're pitting two consumer goods powerhouses against each other to see which one is the better investment today.

  • PepsiCo (PEP) Dips More Than Broader Markets: What You Should Know
    Zacks

    PepsiCo (PEP) Dips More Than Broader Markets: What You Should Know

    PepsiCo (PEP) closed at $128.60 in the latest trading session, marking a -0.67% move from the prior day.

  • Keurig Dr Pepper (KDP) Q2 Earnings Beat, Sales Lag Estimates
    Zacks

    Keurig Dr Pepper (KDP) Q2 Earnings Beat, Sales Lag Estimates

    Keurig Dr Pepper (KDP) posts mixed results in second-quarter 2019. Nevertheless, management reaffirms guidance for the current year.

  • GuruFocus.com

    Jeff Auxier Comments on PepsiCo Inc.

    Guru stock highlight Continue reading...

  • GuruFocus.com

    Jeff Auxier's Auxier Asset Management Summer 2019 Market Commentary

    Discussion of markets and holdings Continue reading...

  • PepsiCo (PEP) Down 4.9% Since Last Earnings Report: Can It Rebound?
    Zacks

    PepsiCo (PEP) Down 4.9% Since Last Earnings Report: Can It Rebound?

    PepsiCo (PEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.