|Bid||142.62 x 1000|
|Ask||142.91 x 800|
|Day's Range||142.45 - 144.13|
|52 Week Range||108.00 - 144.15|
|Beta (5Y Monthly)||0.53|
|PE Ratio (TTM)||16.26|
|Earnings Date||Feb 12, 2020|
|Forward Dividend & Yield||3.82 (2.66%)|
|Ex-Dividend Date||Dec 04, 2019|
|1y Target Est||140.28|
The same global economic volatilities that hurt Procter & Gamble’s earnings this quarter will likewise have an impact on other companies in the household and personal care space, according to an analyst at RBC Capital Markets.
In its 35th year of honoring the nation's most elite high school athletes, The Gatorade Company today announced Jess Mruzik of Mercy High School in Farmington Hills, Mich. is the 2019-20 Gatorade National Volleyball Player of the Year. Mruzik won the prestigious award for her accomplishments on and off the court joining an impressive group of former Gatorade National Volleyball Player of the Year winners who have combined for 89 gold medals and 13 National Championships.
As fans prep their platters for the Super Bowl, Frito-Lay today announced findings from its latest U.S. Snack Index, a poll focused on Super Bowl snacking habits, and the results are clear – snacking is an essential part of the game day experience as nearly eight in 10 Americans expect snacks, such as chips and pretzels, to be available at a Super Bowl event.
When a snack as iconic as Doritos Cool Ranch gets the Super Bowl advertising treatment for the first time ever, it only makes sense to enlist the help of a few entertainment icons to take the spot to another level of cool. Following years of Super Bowl ad success with music superstars, Doritos, one of the flagship brands from PepsiCo's Frito-Lay division, is bringing the country's favorite country-meets-rap musical duo — Lil Nas X and Billy Ray Cyrus — together for another head-turning collaboration alongside critically acclaimed movie legend, Sam Elliott. The campaign fits directly into Doritos' newly revamped mantra and tagline, Another Level.
Today, Pepsi Zero Sugar announced a Miami-flavored, four-day lineup of Super Bowl LIV festivities that will take place at the extra bright, extra vibrant Pepsi Neon Beach takeover. The cola brand, known for its epic Super Bowl Halftime Shows and commitment to some of the biggest music and entertainment moments of the year, is bringing NFL talent, Grammy-Award winning artists, globally-adored musicians and more to Pepsi Neon Beach, creating the one-stop, ultimate destination for out-of-town fans and Miami locals alike. Pepsi Neon Beach will have all of South Beach buzzing with performances and appearances from DJ Snoopadelic, Fat Joe and Friends, Lil Jon, Adriana Lima and more surprise guests.
Announcement of Periodic Review: Moody's announces completion of a periodic review of ratings of PepsiCo, Inc. New York, January 17, 2020 -- Moody's Investors Service ("Moody's") has completed a periodic review of the ratings of PepsiCo, Inc. and other ratings that are associated with the same analytical unit. The review was conducted through a portfolio review in which Moody's reassessed the appropriateness of the ratings in the context of the relevant principal methodology(ies), recent developments, and a comparison of the financial and operating profile to similarly rated peers.
Coca-Cola (KO) launches Powerade Ultra and Powerade Power Water under Powerade Sports drink category. This is likely to aid the company's sales.
When it comes to Lyft (NASDAQ:LYFT), I'm on the fence. While I like the idea that Uber (NYSE:UBER) has a major competitor in North America to keep prices low, it's terrible if you want to make money off Lyft stock.Source: Roman Tiraspolsky / Shutterstock.com InvestorPlace - Stock Market News, Stock Advice & Trading TipsIn December, I stated that Lyft's pathway to profitability is best achieved by raising prices. This wasn't an original idea, mind you. It came from Barclays Capital's analysis of ride-hailing trips in New York City. Although this theory provided a glimmer of hope, I wanted nothing to do with it or Uber. The fact analysts have been reasonably positive about both stocks in 2020, be damned. What's There to Like About Lyft Stock?First, I often repeat the wise words of Canadian billionaire money manager Stephen Jarislowsky in my articles about recent IPOs because they are spot on."New issues are typically well promoted," wrote Jarislowsky in his 2005 book, The Investment Zoo. "My experience is that you can buy nine out of 10 new issues at a lower price a year or two later … I generally avoid new issues…."Here we sit, 10 months after Lyft's IPO, and its stock price is down 40% through Jan. 16. That provides interested investors with a much cheaper entry point.A second point to make is that even analysts such as Bernstein's Mark Shmulik, who's got a target price of $48 on Lyft stock (it's at $47 as I write this), admits Lyft's got some things going for it. "The good news is that they operate in a market that appears to be rationalizing, which helps drive bottom-line margin improvement" Shmulik wrote in a Jan. 8 note to clients. "… Our revenue forecast remains steady at 26% Y/Y in-line with consensus."Finally, InvestorPlace's Brad Moon recently stated that out of 37 analysts, 23 rate Lyft a buy with a median target price of $70, providing investors with potential upside of 49%. In a year in which many experts expect the markets to tread water, an almost 50% return is very enticing. However, with profitability not expected until at least 2021, Lyft has got to execute at a very high level. I don't see that the risks are worth it. Instead, I would argue that if you did a screen of U.S. stocks with a market capitalization of $2 billion or higher, my guess is that those trading directly above and below Lyft stock in terms of share price would present a better investment opportunity. This time next year, I'll be sure to let readers know if I was right. This Drink Maker Had a Tough 2019National Beverage (NASDAQ:FIZZ), the maker of LaCroix sparkling water, lost almost 30% of its value in 2019. It now trades for about a third of its all-time high hit in September 2017.First, here's the good news. On Dec. 6, National Beverage reported second-quarter adjusted earnings per share of 70 cents, 2 cents higher than the consensus estimate. FIZZ stock gained 12% on the news. The company noted that its November orders were ahead of the same period a year earlier. And its new Hi-Biscus flavor for LaCroix drink was flying off the shelves. The bad news is that the company got hit with a lawsuit last June that alleged LaCroix sparkling water isn't nearly as good for you as the company claims. It's because of this lawsuit and PepsiCo's (NASDAQ:PEP) commitment to spend more on Bubly, its sparkling water brand, that investors are lining up to short its stock.If I had to bet my last $5, I'd probably go with FIZZ because it makes money. The Tree House RocksThe stock directly below Lyft on my screen is TreeHouse Foods (NYSE:THS), a leading manufacturer of private-label packaged foods and beverages. It might not be a glamorous business, but it helps keep grocery-store brands on the shelves. On Jan. 13, TreeHouse announced that its deal to sell its ready-to-eat cereal business to Post Holdings (NYSE:POST) was terminated due to opposition from the Federal Trade Commission. As a result, the company will put the business up for sale once more, looking for a buyer that's not already heavily involved in the RTE cereal business. Going back to the drawing board is never a good thing. But that's business. Eventually, TreeHouse will find a suitable buyer. In the meantime, it expects to generate revenues and adjusted earnings from continuing operations in 2019 of $4.3 billion and $2.30 a share, respectively. Down 20% over the past 52 weeks, TreeHouse's valuation is cheaper than it's been in five years. It's not risk free, mind you, but it won't be nearly as volatile as Lyft in 2020.Ultimately, both of these alternatives aren't nearly as sexy as Lyft stock -- but who cares? All you should care about is making money over the long haul.At the time of this writing Will Ashworth did not hold a position in any of the aforementioned securities. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * The Top 5 Dow Jones Stocks to Buy for 2020 * 7 Fintech ETFs to Buy Now for Fabulous Financial Exposure * 3 Tech Stocks to Play Ahead of Earnings The post Forget Lyft, Buy These 2 Stocks Instead appeared first on InvestorPlace.
Coca-Cola says it will spend $11 million on the de-pollution of nine rivers across multiple continents.
Cheetos is popping back into the Super Bowl ad scene for the first time in over a decade to debut its biggest innovation in a decade — Cheetos Popcorn — on the world's largest advertising stage. The :30 TVC spotlights the orange and red dust that all Cheetos fans proudly wear on their fingertips, known officially as Cheetle®, and will kick off Cheetos' newest marketing campaign, "It's a Cheetos Thing."
PepsiCo (PEP) is benefiting from its growing snacks business for a while now. It is also strengthening the Frito-Lay North American with flavorful products.
PepsiCo, Inc. (NASDAQ: PEP), The PepsiCo Foundation, the philanthropic arm of one of the world's leading food and beverage companies and nonprofit organization, the International Youth Foundation (IYF), today announced the launch of their Passport to Success® Traveler program — an online, mobile-friendly training course for students to learn and practice life skills. Referred to by many names—soft skills, social-emotional skills, essential skills, 21st century skills, power skills, non-cognitive skills, work readiness skills—life skills include self-confidence, responsibility, teamwork, and communication, and they are necessary to enabling young people to succeed at home, in school and on the job.
PepsiCo Inc. will use 100% renewable electricity for its U.S. operations starting this year as part of its goal to slash 20% of its greenhouse-gas emissions by 2030.
The world's fast move toward cola-coffee drinks has soda giants Coca-Cola Company and PepsiCo fighting for a strong foothold in the hybrid coffee space in 2020.
Despite all the positivity, investors should think about adding a few large-cap stocks that pay a solid dividend to help anchor their portfolios in 2020...
Chip lovers and basketball fans finally get a taste of what's been cooking with Ruffles and six-time NBA All-Star, Anthony Davis' groundbreaking endorsement deal, The Chip Deal. Ruffles, one of the marquee brands from PepsiCo's Frito-Lay division, and the basketball powerhouse set yet another new precedent and go where no other athlete collaboration has gone before – the co-creation of a custom potato chip flavor: Lime and Jalapeño.
Some of America's favorite snacks and beverages – from Lay's and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. PepsiCo, Inc. (NASDAQ:PEP) today announced plans to achieve 100% renewable electricity for its U.S. direct operations this year. The U.S. is the food and beverage company's largest market and accounts for nearly half of its total global electricity consumption.
Quibi is making a big push in a fledgling market amid furious competition between some of the world’s biggest media names for streaming customers. Its hope is it will resonate with a younger audience as an alternative in terms of content approach and delivery.
A marquee location that has been a part of the Hillsborough Street scene for decades – but has also struggled to sustain a business since the Varsity Theater closed – is making another run at it.