|Bid||115.76 x 1100|
|Ask||115.97 x 1800|
|Day's Range||114.11 - 116.28|
|52 Week Range||95.94 - 122.00|
|Beta (3Y Monthly)||0.57|
|PE Ratio (TTM)||13.20|
|Earnings Date||Oct 2, 2018 - Oct 8, 2018|
|Forward Dividend & Yield||3.71 (3.30%)|
|1y Target Est||115.05|
‘Big Soda’ is restructuring, and Yahoo Finance’s Brian Sozzi says it’s all because of digital. He spoke to Yahoo Finance’s Alexis Christoforous
fourth-quarter earnings largely were in line with analysts' forecasts, but the soda and snacks maker said 2019 earnings would fall as the company boosts investments in some of its key consumer products. rose 1.82% after the chip company posted stronger-than-expected fourth-quarter earnings and said sales for its current financial year would top forecasts as key markets in China recover from their current slump.
PepsiCo (PEP) jumped 2.95% to $115.91 per share on the Nasdaq on Friday after having matched consensus on the fourth-quarter non-GAAP net profit of $1.49, which was a 13.7% jump compared to prior-year quarter. Concerning GAAP net profit, the company has recorded a positive reversal to $4.83 per share in the fourth quarter of 2018 from a loss of 50 cents per share in the fourth quarter of 2017. Warning! GuruFocus has detected 2 Warning Sign with E. Click here to check it out.
On the surface, Coca-Cola and PepsiCo reported similar sets of earnings back-to-back, but the market reaction was entirely different. Coca-Cola said Thursday that its organic sales, which strip out merger and currency impacts, grew 5% from a year earlier in the fourth quarter. After accounting for the weakness of various global currencies against the dollar, though, sales were in fact flat.
PepsiCo Inc.’s new Chief Executive Ramon Laguarta said he has no plans to break up the snacks and drinks giant, nor divest the company’s bottling operations, after completing a four-month review of the global business. Last year, PepsiCo agreed to buy seltzer-machine maker SodaStream International Ltd. while rival Coca-Cola Co. bought the Costa Coffee chain. PepsiCo has also faced questions from Wall Street about whether it would keep its food business, which sells Doritos, Sabra hummus and Quaker Oats, together with its drinks business, which includes Gatorade, Aquafina and Mountain Dew.
Stocks that moved substantially or traded heavily on Friday: Arista Networks Inc., up $23.17 to $263.95 The cloud-computing company beat fourth-quarter forecasts on a surge in revenue and issued a strong ...
PepsiCo was rising despite the soda and snacks maker posting in-line results for earnings and revenue. Should PepsiCo stock fall below the 200-day we'll have to see if buyers step back up and purchase the stock in the $105 to $106 area. This mark has buoyed PepsiCo on the support end over the past few years.
Happy Fri-yay. Is PepsiCo Okay? In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina. The soda was renamed in 1898 and--similarly to its rival, Coca-Cola --earned part of its name from the coca leaf, which was a main ingredient in Pepsi.
Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No. 6 on Forbes' list of the world's most valuable brands in 2018, with a whopping $57.3 billion value. The company has gotten its share of celebrity endorsements, too: Warren Buffett says he's a "Coke loyalist ," and Berkshire Hathaway is a longstanding investor. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.
investor should keep an eye on is North American Beverages. "North American Beverages has faced a number of challenges over the past 18 months," CEO Ramon Laguarta acknowledged. It has been a long road back to positive as the chart reveals, but the turnaround plan outlined at the bottom figure of -5% organic growth is promising.
Coca-Cola shares have their worst day in over a decade, Apple gets ready to launch a video streaming service. And the role of Netflix in modern relationships.
has shown a proclivity to pivot with consumer trends and the battle for sparkling water seems to be no different. In recent years, former CEO Indra Nooyi touted healthier products for the business as a key driver, particularly in snacks. "North American Beverages has faced a number of challenges over the past 18 months," CEO Ramon Laguarta acknowledged on Friday morning after the company reported fourth quarter 2018 earnings.
Among Chicago's most intimate brands, the burger behemoth fell behind another familiar comfort food brand.
Wall Street's main indexes were set on Friday to post their biggest weekly gain in nearly a month, as investors were optimistic about the ongoing trade talks to resolve a bruising tariff dispute between the United States and China. President Donald Trump said talks with China "are going extremely well", and the U.S. is closer than ever to having a "real" trade deal with Beijing.
The PepsiCo earnings report for the fourth quarter of 2018 has PEP stock up today despite a weak outlook.Source: Shutterstock PepsiCo (NASDAQ:PEP) reported earnings per share of $1.49 for the fourth quarter of the year. This is an increase over the company's earnings per share of $1.31 for the fourth quarter of 2017. It was also good news for PEP stock by matching Wall Street's earnings per share estimate for the period.Net income reported in the PepsiCo earnings release for the fourth quarter of 2018 comes in at $6.87 billion. This is better than the company's net loss of $695 million reported in the fourth quarter of the previous year.InvestorPlace - Stock Market News, Stock Advice & Trading TipsOperating income in the PepsiCo earnings report for the fourth quarter of the year was $2.43 billion. The food and drink company's operating income from the same period of the year prior was $2.57 billion.PepsiCo earnings for the fourth quarter of 2018 also include revenue of $19.52 billion. This is down slightly from the company's revenue of $19.53 billion reported during the same time last year. It also comes in just below analysts' revenue estimate of $19.53 billion for the quarter, but wasn't keeping EPE stock down today.The most recent PepsiCo earnings report also includes its outlook for the full year of 2019. It is expecting revenue growth of 4% and an earnings per share decrease of 1% in 2019. 2019 earnings per share came in at $5.66 on revenue of $64.66 billion. Wall Street is looking for earnings per share and revenue of $5.87 and $66.58 billion in 2019. * 10 Hot Stocks Leading the Market's Blitz Higher A dividend increase for PepsiCo shareholders is likely behind the PEP stock increase today. The company's annual dividend is increasing from $3.71 per share to $3.82 per share.PEP stock was up 3% as of Friday afternoon. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal As of this writing, William White did not hold a position in any of the aforementioned securities.Compare Brokers The post PepsiCo Earnings: PEP Stock Pops Despite Weak Outlook appeared first on InvestorPlace.
After coming in-line with estimates for its fourth quarter earnings results on Friday, and touting a reinvestment plan, the market seems pleased with Laguarta after his first earnings call in succession of long-time CEO Indra Nooyi. Pepsi said core earnings for the three months ending in December came in at $1.49 per share, rising 13.7% from the same period last year, and matching the Street consensus forecast. Pepsi also said it would boost its annual dividend by 3% to $3.82 per share.