PepsiCo (NYSE: PEP) recently received a number of ratings updates from brokerages and research firms:
PepsiCo Inc. (NYSE:PEP) traded up 0.48% during midday trading on Wednesday, hitting $106.08. 3,419,758 shares of the stock were exchanged. The company’s 50 day moving average is $106.83 and its 200-day moving average is $105.42. PepsiCo Inc. has a 1-year low of $93.25 and a 1-year high of $110.94. The stock has a market cap of $152.14 billion, a PE ratio of 23.27 and a beta of 0.46.
PepsiCo (NYSE:PEP) last announced its earnings results on Thursday, September 29th. The company reported $1.40 earnings per share for the quarter, beating analysts’ consensus estimates of $1.32 by $0.08. The business had revenue of $16 billion for the quarter. PepsiCo had a net margin of 10.74% and a return on equity of 56.16%. The company’s revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.35 earnings per share. On average, analysts expect that PepsiCo Inc. will post $4.79 earnings per share for the current year.
The business also recently announced a quarterly dividend, which was paid on Friday, September 30th. Investors of record on Friday, September 2nd were paid a $0.7525 dividend. This represents a $3.01 dividend on an annualized basis and a yield of 2.84%. The ex-dividend date was Wednesday, August 31st. PepsiCo’s dividend payout ratio is currently 66.01%.