PepsiCo (PEP) to Release Earnings on Tuesday

PepsiCo (NASDAQ:PEPGet Free Report) is anticipated to release its earnings data before the market opens on Tuesday, February 4th. Analysts expect PepsiCo to post earnings of $1.95 per share and revenue of $27.89 billion for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

PepsiCo Stock Performance

PEP opened at $150.69 on Monday. The company has a debt-to-equity ratio of 1.96, a quick ratio of 0.70 and a current ratio of 0.89. The company has a market cap of $206.75 billion, a PE ratio of 22.23, a price-to-earnings-growth ratio of 2.91 and a beta of 0.54. The stock has a 50-day moving average of $153.12 and a 200-day moving average of $164.88. PepsiCo has a 52-week low of $141.51 and a 52-week high of $183.41.

PepsiCo Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Monday, January 6th. Shareholders of record on Friday, December 6th were given a dividend of $1.355 per share. The ex-dividend date of this dividend was Friday, December 6th. This represents a $5.42 dividend on an annualized basis and a yield of 3.60%. PepsiCo’s payout ratio is currently 79.94%.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on PEP. Piper Sandler started coverage on shares of PepsiCo in a research note on Tuesday, January 7th. They issued an “overweight” rating and a $171.00 price objective for the company. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $172.00 price target on shares of PepsiCo in a research report on Wednesday, January 29th. TD Cowen cut their price objective on PepsiCo from $183.00 to $160.00 and set a “hold” rating for the company in a research report on Wednesday, January 8th. StockNews.com upgraded PepsiCo from a “hold” rating to a “buy” rating in a report on Tuesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft cut their price objective on shares of PepsiCo from $184.00 to $178.00 and set a “buy” rating for the company in a research report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and nine have issued a buy rating to the stock. According to data from MarketBeat, PepsiCo has an average rating of “Hold” and a consensus price target of $176.73.

Check Out Our Latest Stock Report on PepsiCo

About PepsiCo

(Get Free Report)

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.

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Earnings History for PepsiCo (NASDAQ:PEP)

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