|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's Range||100.97 - 102.82|
|52 Week Range||100.97 - 122.51|
|PE Ratio (TTM)||30.03|
|Earnings Date||Apr 26, 2018|
|Forward Dividend & Yield||3.22 (2.95%)|
|1y Target Est||123.19|
As of April 20, PepsiCo (PEP) was trading at a 12-month forward PE (price-to-earnings) ratio of 18.0x. The company’s valuation multiple has fallen 8.8% since it released its fiscal 4Q17 results in February 2018. PepsiCo’s ratio is higher than the S&P 500’s 17.1x.
Productivity, cost saving plans and innovations will continue to exhibit strength for the beverage stocks amid a challenging space. However, weak CSD volumes and higher input costs pose risks.
Stocks closed lower on Tuesday on the back of fresh worries about rising government bond yields, along with a potentially troublesome message from economic bellwether Caterpillar (CAT). Therefore, investors need to be even more cautious about stocks that look poised to fall short of quarterly earnings estimates as Q1 earnings season heats up.
PepsiCo’s (PEP) earnings surpassed analysts’ estimates in all quarters of fiscal 2017. Analysts expect the company’s adjusted EPS (earnings per share) to fall 1.1% to $0.93 in fiscal 1Q18, which ended on March 24, 2018. Its revenue is expected to be impacted by higher commodity costs.
While PepsiCo’s (PEP) revenue has grown for the past five consecutive quarters, closest rival Coca-Cola (KO) has reported lower revenue for 11 straight quarters. In fiscal 4Q17, PepsiCo’s revenue grew by a mere 0.1% year-over-year to $19.5 billion. PepsiCo’s volumes were flat in 4Q17 as a 2% rise in snack food volumes was offset by a 2% fall in beverage volumes.
On April 26, snack food and beverage giant PepsiCo (PEP) is slated to announce its results for fiscal 1Q18, which ended on March 24. PepsiCo stock had fallen 14.5% year-to-date as of April 20. Other than Dr Pepper Snapple (DPS), all major nonalcoholic beverage companies have seen their stocks fall this year.
To anyone outside the watch industry it is hard to convey the sense of excitement generated this spring when Rolex released a teaser before the annual Baselworld watch fair. Comprising a central ribbon of glinting small links, arranged in rows of three, flanked on either side by a tapering line of larger satinated links, the design of the Jubilee bracelet has remained essentially unchanged since its introduction in 1945.
Productivity, cost saving plans and innovations will continue to exhibit strength for the two key beverage stocks amid a challenging space. However, weak CSD volumes and higher input costs pose risks.
PepsiCo's (PEP) Q1 results are likely to benefit from higher cost-saving plans. However, tepid revenue growth, higher inflation, and increase in advertising and marketing expenses might pose risks.
A hectic week of earnings and economic data awaits investors, with Facebook, Amazon, and Alphabet all set to report results.
PURCHASE, N.Y., April 20, 2018 /PRNewswire/ -- PepsiCo, Inc.'s (PEP) annual shareholders' meeting will be webcast live on Wednesday, May 2, 2018 at 9 a.m. Eastern Time. PepsiCo products are enjoyed by consumers more than one billion times a day in more than 200 countries and territories around the world. PepsiCo generated more than $63 billion in net revenue in 2017, driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana.
It’s a warning that also needs to be passed along to Alibaba Group Holding Ltd (NYSE:BABA) shareholders, particularly in light of some recent developments from its top competitors. It may not matter right now, or even a few months from now, but other e-commerce and internet companies — frustrated with Alibaba’s dominance — are finally starting to find ways to beat Alibaba at its own game. The same idea more or less applies to AT&T Inc. (NYSE:T) and Verizon Communications Inc. (NYSE:VZ), which dominate the United States’ telecom scene, leaving the rest of the industry fighting for leftovers and scraps.
SEATTLE, April 20, 2018 /PRNewswire/ -- In remembrance of military members who have lost their lives while serving the United States, and in honor of the surviving families, PepsiCo launched its fourth annual "Rolling Remembrance" relay to help spread awareness for Children of Fallen Patriots Foundation (Fallen Patriots) yesterday in Seattle. After leaving Seattle, this year's "Rolling Remembrance" relay will journey more than 8,000 miles throughout the United States and will conclude in White Plains, N.Y. Thursday, May 24, ahead of Memorial Day. Using normal business routes, U.S. Military Veteran PepsiCo North America Beverages and Frito-Lay North America drivers will pass off a flag to one another at 50 different relay points.
Can Coca-Cola’s 1Q18 Results Help Its Stock Recover? Coca-Cola (KO) has exceeded analysts’ revenue expectations for six consecutive quarters. Coca-Cola’s revenue declined 15.4% to $35.4 billion in 2017 compared to a 5.5% fall in 2016.
The United States imposed sanctions on 24 Russian oligarchs and government officials and 12 Russian companies on April 6. In response, Russian lawmakers are considering legislation that would ban or restrict certain U.S. imports.
PepsiCo Inc. is introducing a zero-sugar version of Gatorade to woo consumers back to the sports-drink category. The new product further expands the Gatorade portfolio, joining organic and low-sugar versions of the beverage, as PepsiCo works to please consumers who have increasingly migrated away from sugar-laden beverages. Gatorade, which accounts for more than 70 percent of the sports drinks market, is facing pressure from new competitors like coconut water, which boast simpler ingredients.
As the broader consumer staples industry grapples through hard times, one team of analysts on the Street sees bright spot in the beverage sector, which has seen its multiples hold up better than most. In a note to clients late Monday, the analyst warned on potential downside in the space as a part of an overall weak consumer staples industry, indicating that valuations could slide another 8% to 12% if 10-year Treasuries see yields rise between 3.25% and 3.5%. That said, Hong upgraded Coca Cola European Partners PLC ( CCE) to buy from neutral, expecting shares to gain on the company's deleveraging and capital allocation story.
Lionsgate-backed esports organization Immortals has entered a sponsorship deal with Mountain Dew, making the brand the official beverage partner of Immortals.