PepsiCo Inc (NASDAQ:PEP) shares, rose in value on Wednesday, January 22, with the stock price down by -0.31% to the previous day’s close as strong demand from buyers drove the stock to $148.09.
Actively observing the price movement in the last trading, the stock closed the session at $148.55, falling within a range of $147.79 and $149.45. The value of beta (5-year monthly) was 0.542 whereas the PE ratio was 21.83 over 12-month period. Referring to stock’s 52-week performance, its high was $183.41, and the low was $141.51. On the whole, PEP has fluctuated by -4.11% over the past month.
With the market capitalization of PepsiCo Inc currently standing at about $203.18 billion, investors are eagerly awaiting this quarter’s results, scheduled for in February. The company’s Forward Dividend Ratio is 5.33, with its dividend yield at 3.60%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 92.2B, with a low estimate of 27.73B and a high estimate of 28.22B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 27.93B.
Technical indicators serve as essential tools for traders, offering insights into market sentiment and potential price movements. We see that PEP’s technical picture suggests that short-term indicators denote the stock is a 100% Sell on average. However, medium-term indicators have put the stock in the category of 100% Sell while long-term indicators on average have been pointing out that it is a 100% Sell.
The stock’s technical analysis shows that the PEG ratio is about 3.97, with the price of PEP currently trading nearly -0.36% and -4.83% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 42.67, while the 7-day volatility ratio is showing 1.41% which for the 30-day chart, stands at 1.64%. Furthermore, PepsiCo Inc (PEP)’s beta value is 0.55, and its average true range (ATR) is 2.53.
A comparison of PepsiCo Inc (PEP) with its peers suggests the former has fared considerably weaker in the market. PEP showed an intraday change of -0.31% in last session, and over the past year, it shrunk by -10.67%%.
Data on historical trading for PepsiCo Inc (NASDAQ:PEP) indicates that the trading volumes over the past 10 days have averaged 7.19 and over the past 3 months, they’ve averaged 6.18 million. According to company’s latest data on outstanding shares, there are 1.37 billion shares outstanding.
Nearly 0.34% of PepsiCo Inc’s shares belong to company insiders and institutional investors own 74.98% of the company’s shares. The data on short interest also indicates that stock shorts accounted for 20.07 million shares as on 2024-12-31, resulting in a short ratio of 2.96. According to the data, the short interest in PepsiCo Inc (PEP) stood at 146.00 of shares outstanding as of 2024-12-31; the number of short shares registered in 2024-11-29 reached 19.55 million. The stock has fallen by -2.61% since the beginning of the year, thereby showing the potential of a further growth. This could raise investors’ confidence to be optimistic about the PEP stock heading into the next quarter.
