Keurig Dr Pepper Inc (NASDAQ:KDP) shares, rose in value, with the stock price down by -0.12% to the previous day’s close as strong demand from buyers drove the stock to $32.95.
Actively observing the price movement in the last trading, the stock closed the session at $32.99, falling within a range of $32.83 and $33.1199. The value of beta (5-year monthly) was 0.619 whereas the PE ratio was 19.94 over 12-month period. Referring to stock’s 52-week performance, its high was $38.28, and the low was $28.61. On the whole, KDP has fluctuated by -10.99% over the past month.
With the market capitalization of Keurig Dr Pepper Inc currently standing at about $44.70 billion, investors are eagerly awaiting this quarter’s results, scheduled for in December. The company’s Forward Dividend Ratio is 0.88, with its dividend yield at 2.66%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 15.31B, with a low estimate of 4.01B and a high estimate of 4.08B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.04B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that KDP’s technical picture suggests that short-term indicators denote the stock is a Hold on average. However, medium-term indicators have put the stock in the category of 50% Buy while long-term indicators on average have been pointing out that it is a 50% Sell.
The stock’s technical analysis shows that the PEG ratio is about 2.84, with the price of KDP currently trading nearly -7.74% and -9.75% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 19.83, while the 7-day volatility ratio is showing 1.94% which for the 30-day chart, stands at 1.49%. Furthermore, Keurig Dr Pepper Inc (KDP)’s beta value is 0.62, and its average true range (ATR) is 0.64.
A comparison of Keurig Dr Pepper Inc (KDP) with its peers suggests the former has fared considerably weaker in the market. KDP showed an intraday change of -0.12% in last session, and over the past year, it grew by 8.64%%.
Data on historical trading for Keurig Dr Pepper Inc (NASDAQ:KDP) indicates that the trading volumes over the past 10 days have averaged 19.55 and over the past 3 months, they’ve averaged 8.75 million. According to company’s latest data on outstanding shares, there are 1.39 billion shares outstanding.
Nearly 22.09% of Keurig Dr Pepper Inc’s shares belong to company insiders and institutional investors own 72.01% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.65 million shares as on 2024-10-15, resulting in a short ratio of 2.57. According to the data, the short interest in Keurig Dr Pepper Inc (KDP) stood at 195.00 of shares outstanding as of 2024-10-15; the number of short shares registered in 2024-09-13 reached 21.72 million. The stock has fallen by -1.11% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the KDP stock heading into the next quarter.
