PepsiCo, Inc. (PEP)

NASDAQ: PEP · Real-Time Price · USD
169.55
-1.83 (-1.07%)
Oct 2, 2024, 4:00 PM EDT - Market closed
-1.07%
Market Cap 232.89B
Revenue (ttm) 92.05B
Net Income (ttm) 9.52B
Shares Out 1.37B
EPS (ttm) 6.89
PE Ratio 24.61
Forward PE 20.21
Dividend $5.42 (3.20%)
Ex-Dividend Date Sep 6, 2024
Volume 5,711,607
Open 171.50
Previous Close 171.38
Day's Range 168.52 - 171.74
52-Week Range 155.83 - 183.41
Beta 0.54
Analysts Buy
Price Target 185.83 (+9.6%)
Earnings Date Oct 8, 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]

Founded 1898
Employees 318,000
Stock Exchange NASDAQ
Ticker Symbol PEP
Full Company Profile

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 Statements

Analyst Forecast

According to 13 analysts, the average rating for PEP stock is "Buy." The 12-month stock price forecast is $185.83, which is an increase of 9.60% from the latest price.

Price Target
$185.83
(9.60% upside)
Analyst Consensus: Buy
Stock Forecasts

News

PepsiCo bets on health-conscious consumers to revive its snack business: here's how

PepsiCo has acquired the Mexican-American food brand Siete Foods, hoping it can penetrate into the growing market of health conscious consumers.

17 hours ago - Invezz

PepsiCo is betting $1 billion on tortilla chips as a ‘healthier' snack

On Tuesday, PepsiCo agreed to acquire grain-free Mexican-American brand Siete Foods for $1.2 billion, adding to its roster of healthier food and snack offerings, according to the Wall Street Journal.

21 hours ago - Fast Company

PepsiCo Announces $1.2 Billion Acquisition of Siete Foods

PepsiCo has revealed plans to acquire Siete Foods, a Mexico-USA based food company, for $1.2 billion. This marks PepsiCo's first acquisition in the food industry in nearly five years.

1 day ago - GuruFocus

PepsiCo to pay $1.2 billion to buy Siete, to boost multicultural food offering

PepsiCo's stock rose Tuesday, bucking the selloff in the broader stock market, after the beverage and snacks giant announced an agreement to buy Mexican-American foods maker Siete Foods for $1.2 billi...

1 day ago - Market Watch

PepsiCo to buy tortilla chip maker Siete Foods for $1.2 billion

PepsiCo is buying Mexican-American food company Siete Foods for $1.2 billion. Siete's tortilla chips and other products are designed to meet dietary restrictions.

1 day ago - CNBC

PepsiCo to acquire Garza Food Ventures for $1.2 billion

PepsiCo said on Tuesday it would acquire Garza Food Ventures for $1.2 billion.

1 day ago - Reuters

PEPSICO TO ACQUIRE SIETE FOODS FOR $1.2 BILLION

PURCHASE, N.Y. and AUSTIN, Texas , Oct. 1, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) ("PepsiCo") today announced that it has entered into a definitive agreement to acquire Garza Food Ventures L...

1 day ago - PRNewsWire

PepsiCo nearing $1 billion acquisition deal for Siete Foods?

PepsiCo Inc. (PEP.O) is in advanced discussions to purchase Texas-based tortilla-chip maker Siete Foods for more than $1 billion, according to sources cited by the Wall Street Journal. The Garza famil...

2 days ago - Invezz

PepsiCo in talks to buy tortilla-chip maker Siete Foods for more than $1 bln, WSJ reports

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, Wall Street Journal reported on Monday.

2 days ago - Reuters

PepsiCo Nears Deal for Tortilla-Chip Maker Siete Foods

PepsiCo is in advanced talks to acquire tortilla-chip maker Siete Foods for more than $1 billion, according to people familiar with the matter. A deal for the closely held business could be announced ...

2 days ago - WSJ

Calls of the Day: Salesforce, Walmart, Pepsico and Amgen

The Investment Committee debate the latest Calls Of The Day.

Other symbols: AMGNCRMWMT
5 days ago - CNBC Television

My Best Dividend Aristocrats For October 2024

The ProShares S&P 500 Dividend Aristocrats ETF extends it's good form in the second half of 2024, adding a gain of 3.69% in August. I present 3 strategies that can theoretically beat the dividend aris...

Other symbols: ABTADMALBBDXBENHRLMDT
5 days ago - Seeking Alpha

2 High-Paying Dividend Stocks I'm Buying If We See A Correction In October

As a long-term dividend investor, I anticipate a market correction in October, presenting opportunities to buy quality stocks at a discount if history repeats itself. Altria, despite risks from declin...

Other symbols: MO
7 days ago - Seeking Alpha

PepsiCo Foundation Supports the Workforce of the Future by Investing More than $20 Million in Scholarship Programs Across the U.S. in the Last 5 Years

PepsiCo Foundation Awards Nearly 6,000 Scholarships  PURCHASE, N.Y. , Sept. 24, 2024 /PRNewswire/ -- The PepsiCo Foundation is helping to create future employees and entrepreneurs in the U.S through s...

8 days ago - PRNewsWire

Raise Cash And Sell Trash

As a dividend growth investor focused on income, I recommend raising cash and selling lower-quality stocks due to potential recession risks. Historical data shows that rate cuts often precede recessio...

11 days ago - Seeking Alpha

This PepsiCo Analyst Is No Longer Bullish; Here Are Top 5 Downgrades For Friday

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

12 days ago - Benzinga

Three-Stock Lunch: Pepsi, Nextera Energy, and EOG Resources

Doug Butler, Rockland Trust SVP and director of research, joins 'Power Lunch' to discuss Butler's thoughts on three stocks: Pepsi, Nextera Energy, and EOG Resources.

Other symbols: EOGNEE
13 days ago - CNBC Television

PepsiCo: Strong Dividend Stock But At A High Price

PepsiCo offers stable dividends and a strong product portfolio, but its high price/book ratio makes it a pricey investment currently. The company has substantial long-term debt and a current ratio of ...

14 days ago - Seeking Alpha

Sip, Snack, And Stack Dividends With PepsiCo

PepsiCo, Inc.'s recent underperformance presents a buying opportunity due to its strong pricing power, brand loyalty, and focus on margin improvement. Despite headwinds like slowing U.S. sales, PepsiC...

15 days ago - Seeking Alpha

Flamin' Hot® Teams Up with Gabby Windey to Help Fans "Cheat on Flamin' Hot® Cheetos®"

TV personality and podcast host Gabby Windey and Chester Cheetah® are giving away limited-edition "Burner Phones" and "Hall Passes" to help heat seekers hook up with Flamin' Hot ®  "sidechips" PLANO, ...

15 days ago - PRNewsWire

NEW GATORADE HYDRATION BOOSTER ELECTROLYTE POWDER PUTS YOUR WATER TO WORK

The Leader in Hydration Introduces New Drink Mix to Elevate All-Day Hydration CHICAGO , Sept. 17, 2024 /PRNewswire/ -- Gatorade today announced the launch of Gatorade Hydration Booster – a new electro...

15 days ago - PRNewsWire

The Road To Dividend Wealth: How To Build A Winning Portfolio With Just 5 Stocks

I started serious dividend growth investing in 2020, focusing on industrials and energy, with a well-diversified portfolio built from the ground up. Diversification is crucial; I avoid ETFs and gradua...

Other symbols: AMCSXGOOGLMA
16 days ago - Seeking Alpha

Howard Community College Receives a $200,000 Grant from PepsiCo Foundation, American Association of Community Colleges to Support Underserved Students

COLUMBIA, MD, Sept. 16, 2024 (GLOBE NEWSWIRE) -- Howard Community College (HCC) President Daria J. Willis today announced a $200,000 grant from the PepsiCo Foundation. It is the second consecutive yea...

16 days ago - GlobeNewsWire

ROLD GOLD® TEAMS UP WITH JERRY RICE TO HELP FANS SCORE BIG THIS FOOTBALL SEASON

As the Official Pretzel Sponsor of the NFL, Rold Gold  ®  is giving fans a chance to win weekly prizes now through December 7 including a $1,000 grocery store shopping spree for gameday essentials PLA...

20 days ago - PRNewsWire

America's Snack Wish Has Been Granted: Smartfood® Popcorn Taps Rap Icon Flavor Flav for Campaign Celebrating the Magic of FLAVOR YOU CAN FEEL GOOD ABOUT™

Flavor Flav has swapped his famous clock necklace for a huge popcorn kernel – the Pop Clock– which fans will have the chance to win on social. PLANO, Texas , Sept.

22 days ago - PRNewsWire