PepsiCo, Inc. (PEP)
| Market Cap | 244.80B |
| Revenue (ttm) | 91.88B |
| Net Income (ttm) | 9.18B |
| Shares Out | 1.37B |
| EPS (ttm) | 6.65 |
| PE Ratio | 26.78 |
| Forward PE | 21.19 |
| Dividend | $5.42 (3.04%) |
| Ex-Dividend Date | Jun 7, 2024 |
| Volume | 2,419,601 |
| Open | 177.26 |
| Previous Close | 177.41 |
| Day's Range | 177.09 - 178.43 |
| 52-Week Range | 155.83 - 196.88 |
| Beta | 0.53 |
| Analysts | Buy |
| Price Target | 189.27 (+6.3%) |
| Earnings Date | Apr 23, 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 12 analysts, the average rating for PEP stock is "Buy." The 12-month stock price forecast is $189.27, which is an increase of 6.30% from the latest price.
News
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.
GRANDMA'S® Cookies Celebrates its New Look with Remix from Hip-Hop Legends Salt-N-Pepa and Gives One Lucky Winner $10,000
The brand bakes up a fresh, exclusive remix of the classic nursery rhyme, "Who Stole the Cookie from the Cookie Jar?" PLANO, Texas , April 18, 2024 /PRNewswire/ -- No one can spoil you quite like gran...
Will PepsiCo Beat The Consensus In Q1?
PepsiCo (NYSE: PEP) will report its Q1 2024 results on Tuesday, April 23. We expect the company's adjusted revenues to come in at $18.2 billion and earnings at $1.55 on a per share and adjusted basis.
Pepsi recalls ‘zero sugar' Schweppes ginger ale — because it contained sugar
The FDA said that PepsiCo launched an internal investigation which found that some of the products labeled "zero sugar" actually contained "full sugar."
PepsiCo Announces Webcast of Annual Shareholders' Meeting
PURCHASE, N.Y. , April 17, 2024 /PRNewswire/ -- PepsiCo, Inc.'s (NASDAQ: PEP) virtual annual shareholders' meeting (the "Annual Meeting") will be webcast live on Wednesday, May 1, 2024 at 9 a.m.
Global Potato Chip Icon LAY'S® Teams Up with Soccer Icon Lionel Messi for Reveal of New Soccer Rally Cry: 'Oh-Lay's, Oh-Lay's, Oh-Lay's, Oh-Lay's'
Lay's® continues to celebrate soccer by tapping "Chip Shot" Legend - Messi - for a new commercial, an exciting consumer sweepstakes and limited-edition commemorative Lay's® packaging PLANO, Texas , Ap...
Gatorade Named Official Sports Drink of Rob McElhenney and Ryan Reynolds' Wrexham AFC
The iconic sports drink brand fuels Wrexham's Men's and Women's Teams CHICAGO and WREXHAM, Wales , April 16, 2024 /PRNewswire/ -- Today, Gatorade announced its official sports drink partnership with t...
Cheetos® Debuts 'Other Hand' Campaign, an Official Celebration of Fans who Reserve their Dominant Hand for Enjoying Cheetos
NBA superstar Jamal Murray joins Cheetos to spotlight the mischievous mishaps that happen in real life when snackers' dominant hands are covered in Cheetle dust PLANO, Texas, April 15, 2024 /PRNewswir...
"Talking Sabor": Pepsi® Partners With Celebrity Chef Aarón Sánchez and COCINA to Celebrate the Fusion of Latin Food and Flavor in Limited-Edition Series, Streaming on Hulu
Sizzling new series takes viewers on a cross-country tour of the best Latin fare at Hispanic-owned small businesses across the U.S.; Pepsi gifts Hulu gift cards to guests who dine at participating "Ta...
Gatorade enters new categories — even unflavored water — as competition to hydrate consumers ramps up
Year to date, Gatorade is gaining share in every hydration category it has products, according to market research firm Circana.