PepsiCo Inc (NASDAQ:PEP) shares, rose in value on Friday, April 26, with the stock price down by -0.12% to the previous day’s close as strong demand from buyers drove the stock to $176.47.
Actively observing the price movement in the recent trading, the stock is buoying the session at $176.68. The PE ratio was 26.56 over 12-month period. Referring to stock’s 52-week performance, its high was $196.88, and the low was $155.83. On the whole, PEP has fluctuated by 1.67% over the past month.
The company’s Forward Dividend Ratio is 5.06, with its dividend yield at 2.87%.
Projections by analysts suggest varying estimates for the company’s quarterly revenue. Analysts have estimated the company’s revenue for the quarter at 94.67B, with a low estimate of 22.47B and a high estimate of 22.85B. Wall Street analysts also predicted that the company’s y-o-y revenues would reach 22.7B.
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 50% Buy 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% Buy.
The stock’s technical analysis shows that the PEG ratio is about 3.80, with the price of PEP currently trading nearly 3.03% and 4.36% away from the simple moving averages for 20 and 50 days respectively. The Relative Strength Index (RSI, 14) currently indicates a reading of 61.00, while the 7-day volatility ratio is showing 3.00% which for the 30-day chart, stands at 1.65%. Furthermore, PepsiCo Inc (PEP)’s beta value is 0.52, and its average true range (ATR) is 3.38.
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 -0.12% in today’s session so far, and over the past year, it shrunk by -6.40%%.
Data on historical trading for PepsiCo Inc (NASDAQ:PEP) indicates that the trading volumes over the past 3 months, they’ve averaged 6.05 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 75.34% of the company’s shares. The stock has risen by 3.90% 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.
