PepsiCo, Inc. (PEP)
| Market Cap | 224.89B |
| Revenue (ttm) | 91.88B |
| Net Income (ttm) | 9.18B |
| Shares Out | 1.37B |
| EPS (ttm) | 6.65 |
| PE Ratio | 24.60 |
| Forward PE | 19.49 |
| Dividend | $5.42 (3.31%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 4,248,425 |
| Open | 163.50 |
| Previous Close | 162.89 |
| Day's Range | 162.32 - 164.47 |
| 52-Week Range | 155.83 - 192.38 |
| Beta | 0.53 |
| Analysts | Buy |
| Price Target | 188.00 (+14.93%) |
| Earnings Date | Jul 11, 2024 |
About PEP
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. It provides dips, cheese-flavored snacks, and spreads, as well as corn, potato, and tortilla chips; cereals, rice, pasta, mixes and syrups, granola bars, grits, oatmeal,... [Read more]
Financial Performance
In 2023, PepsiCo's revenue was $91.47 billion, an increase of 5.88% compared to the previous year's $86.39 billion. Earnings were $9.07 billion, an increase of 1.84%.
Financial StatementsAnalyst Forecast
According to 13 analysts, the average rating for PEP stock is "Buy." The 12-month stock price forecast is $188.0, which is an increase of 14.93% from the latest price.
News
PepsiCo to waive clause in bottling deal as Carlsberg eyes $3.9 bln Britvic bid
Carlsberg said on Monday PepsiCo has agreed to waive a change of control clause in its bottling arrangements with Britvic , potentially removing a hurdle from the Danish brewer's path to bid for the B...
Pepsi lost the cola wars to Coke. Why is it struggling to hold on to second place?
Dr Pepper took the No 2 spot behind Coca-Cola last year. But the latest US sales figures don't tell the whole story
PEPSICO RELEASES 2023 ESG SUMMARY HIGHLIGHTING PEPSICO POSITIVE (pep+) RESULTS
PURCHASE, N.Y. , June 20, 2024 /PRNewswire/ -- Today, PepsiCo has published its 2023 progress report on Environmental, Social and Governance (ESG) results.
AgMission and PepsiCo Award Three Grants to Bolster Climate-Resilient Farms and Value Chains
WASHINGTON, June 17, 2024 (GLOBE NEWSWIRE) -- AgMission™, a global initiative co-founded by the Foundation for Food & Agriculture Research (FFAR) and the World Farmers' Organisation (WFO) to unlock ag...
MTN DEW ® CELEBRATES SUMMER WITH THREE NEW MTN DEW RED, WHITE & BLUE LIMITED-TIME OFFERINGS
To Encourage Spending Time Outdoors, MTN DEW Is Giving Fans a Chance to Score Exclusive Prizes Nationwide with The First Ever "MTN DEW Cooler Quest" PURCHASE, N.Y. , June 10, 2024 /PRNewswire/ -- With...
Dr Pepper Ties Pepsi as America's No. 2 Soda
After decades as a distant contender, Dr Pepper has climbed the ranks with help from hefty marketing, novel flavors and TikTok videos.
Gatorade's Iconic "Is It In You?" Tagline Returns for Largest Campaign in Brand History
The brand is tapping its star-studded roster to inspire the next generation of athletes to focus on their inner "IT" as surprising new data from Gatorade shows external pressures are keeping Gen Z out...
PepsiCo expands EV fleet across California
PepsiCo said on Tuesday it would expand its fleet of electric-powered vehicles in California with the introduction of 50 Class 8 Tesla Semi trucks and 75 Ford E-Transit electric vans over the next sev...
PepsiCo Announces Timing and Availability of Second-Quarter 2024 Financial Results
PURCHASE, N.Y. , May 21, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its second-quarter 2024 (ending June 15) financial results and other related information on...
7-Eleven, Inc. to Release New Limited Edition Gatorade Thirst Quencher Flavor: Midnight Ice
7-Eleven®, Speedway® and Stripes® customers can get two bottles of the Midnight Ice flavor for $5 IRVING, Texas , May 8, 2024 /PRNewswire/ -- 7-Eleven, Inc. is bringing the first taste of midnight to ...
PopCorners® Bets Big on the Kentucky Derby to Debut New Limited-Time-Only Jalapeño Popper Flavor
As a Preferred Salty Snack of the Kentucky Derby, the popped, never fried snack offers at-home Derby viewers the chance to win $20,000 plus a Derby-style garland of PopCorners® PLANO, Texas , May 1, 2...
Quaker Launches Quaker Pickleball Academy, Invites Players Across the U.S. to Step Into the "Kitchen"
As an Official Partner of the Association of Pickleball Players, The Quaker Oats Company is committed to helping fuel the pickleball community through nourishing recipes and fun pickleball pop-ups aro...
PepsiCo Declares Quarterly Dividend
PURCHASE, N.Y. , April 30, 2024 /PRNewswire/ -- The Board of Directors of PepsiCo, Inc. (NASDAQ: PEP) today declared a quarterly dividend of $1.355 per share of PepsiCo common stock, a 7 percent incre...
What's Next For PepsiCo Stock After A Q1 Beat?
PepsiCo PepsiCo (NYSE: PEP) recently reported its Q1 results, with revenues and earnings exceeding our estimates. The company reported revenue of $18.3 billion and adjusted earnings of $1.61 per share...
Former Coke, PepsiCo Execs Founded Energy Drink KEY Raises $4 Million To Harness The Power Of Ketones
A brand new all-natural functional beverage KEY that promises long-lasting energy without causing a spike in blood sugar or caffeine jitters has officially gone live.
Pepsi: Snack, Soda Consumer Resiliency Drives Growth
PepsiCo is crediting its quarterly growth to resilient consumer behavior, especially on an international scale. The soda and snack food giant on Tuesday (April 23) released earnings showing 2.3% net ...
Pepsi (PEP) vs Coca-Cola (KO): Earnings Edition
PepsiCo (PEP) surprised to the upside today mainly because of strong pricing, notes Kim Forrest. She talks about how these results could bode well for Coca-Cola (KO).
Quaker Oats product recalls ate into PepsiCo's quarterly earnings
This December, the U.S. Food and Drug Administration (FDA) issued a recall of more than 40 Quaker Oats products due to possible salmonella contamination. Then, in January, dozens of additional Quaker ...
PepsiCo Stock Falls Despite Q1 Results Beating Expectations
PepsiCo (PEP) reported first-quarter results above expectation, with significant international growth offsetting struggles from the Quaker Foods division, but shares slipped in intraday trading Tuesda...
PepsiCo stock falls despite beating profit and revenue estimates
PepsiCo Inc.'s stock PEP, +1.34% fell 0.6% in premarket trading on Tuesday after the soft drink and salty snack giant beat Wall Street's first-quarter profit estimate and reiterated its 2024 profit ou...
PepsiCo earnings beat estimates as international demand boosts sales
PepsiCo's volume and sales growth were better in most international markets than in its North America markets.
PepsiCo Earnings Beat Estimates but the Stock Is Falling
PepsiCo reports earnings of $1.61 a share on revenue of $18.3 billion in the first quarter of 2024, beating analysts' expectations.
PepsiCo raises EPS and net income in Q1 2024 financial results
Beverage behemoth PepsiCo on April 23rd reported a rise in net income and operating profits as earnings rose compared to the previous quarter. Net income for the quarter stood at $2.04 billion, compar...
PepsiCo beats quarterly revenue estimates on price hikes, steady demand
PepsiCo beat Wall Street expectations for first-quarter revenue on Tuesday as demand held steady for the soda and snacks giant's Tropicana juices and Cheetos in its international markets.
Focus: Tesla Semi trucks in short supply for PepsiCo as its rivals use competing EV big rigs
Key Tesla customer PepsiCo made initial payments for 100 Tesla Semis in 2017, intending to use the electric-truck fleet to haul its Cheetos, Lays potato chips and Pepsi soda pop to retailers.