Keurig Dr Pepper Inc (NASDAQ:KDP) shares, rose in value, with the stock price up by 0.10% to the previous day’s close as strong demand from buyers drove the stock to $33.49.
Actively observing the price movement in the recent trading, the stock is buoying the session at $33.45. The PE ratio was 30.33 over 12-month period. Referring to stock’s 52-week performance, its high was $38.28, and the low was $30.12. On the whole, KDP has fluctuated by -3.19% over the past month.
With the market capitalization of Keurig Dr Pepper Inc currently standing at about $45.48 billion, investors are eagerly awaiting this quarter’s results, scheduled for in June. The company’s Forward Dividend Ratio is 0.91, with its dividend yield at 2.70%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 16.16B, with a low estimate of 4.1B and a high estimate of 4.19B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 4.14B.
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 50% Sell 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 Hold.
The stock’s technical analysis shows that the PEG ratio is about 4.78, with the price of KDP currently trading nearly -0.21% and -1.90% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 47.72, while the 7-day volatility ratio is showing 1.24% which for the 30-day chart, stands at 1.17%. Furthermore, Keurig Dr Pepper Inc (KDP)’s beta value is 0.49, and its average true range (ATR) is 0.58.
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 0.10% in today’s session so far, and over the past year, it shrunk by -0.67%%.
Data on historical trading for Keurig Dr Pepper Inc (NASDAQ:KDP) indicates that the trading volumes over the past 3 months, they’ve averaged 13.82 million. According to company’s latest data on outstanding shares, there are 1.36 billion shares outstanding.
Nearly 5.37% of Keurig Dr Pepper Inc’s shares belong to company insiders and institutional investors own 84.81% of the company’s shares. The stock has risen by 4.25% 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.
