Keurig Dr Pepper Inc (NASDAQ:KDP) price closed higher on Tuesday, April 16, jumping 0.03% above its previous close.
A look at the daily price movement shows that the last close reads $30.43. The company’s 5Y monthly beta was ticking 0.65 while its P/E ratio in the trailing 12-month period read 19.65. Taking into account the 52-week price action we note that the stock hit a 52-week high of $35.99 and 52-week low of $27.66. The stock added 5.40% on its value in the past month.
Keurig Dr Pepper Inc, which has a market valuation of $42.24 billion, is expected to release its quarterly earnings report Apr 25, 2024. The company stock has a Forward Dividend ratio of 0.84, while the dividend yield is 2.78%. It is understandable that investor optimism is growing ahead of the company’s current quarter results.
Revisions to the company’s EPS highlights a short term direction of a stock’s price movement, which in the last 7 days came up with no upward and no downward reviews. On the technical perspective front, indicators give KDP a short term outlook of 50% Sell on average. Looking at the stock’s medium term indicators we note that it is averaging as a 50% Sell, while an average of long term indicators are currently assigning the stock as 100% Sell.
If we dive deeper into the stock’s performance we see the positive picture represented by the PEG ratio, currently standing at 2.76. The overview shows that KDP’s price is at present -0.02% off the SMA20 and 0.50% from the SMA50. The Relative Strength Index (RSI) metric on the 14-day timeframe is pointing at 50.40, with weekly volatility standing at 1.49%. The indicator jumps to 1.64% when calculated based on the past 30 days. Keurig Dr Pepper Inc (NASDAQ:KDP)’s beta value is holding at 0.65, while the average true range (ATR) indicator is currently reading 0.50.
An analysis of the Keurig Dr Pepper Inc (NASDAQ:KDP) stock in terms of its daily trading volume indicates that the 3-month average is 10.97 million.
Current records show that the company has 1.39B in outstanding shares. The insiders’ percentage holdings are 22.02% of outstanding shares while the percentage share held by institutions stands at 65.24%. But the -8.64% downside, the stock’s price has registered year-to-date as of last trading, will likely reignite investor interest given the prospect of it rallying even higher.
