Keurig Dr Pepper Inc (NASDAQ:KDP) traded at $33.72 at last check on Monday, April 29, made an upward move of 0.01% on its previous day’s price.
Looking at the stock we see that its previous close was $33.72. The company has a trailing 12-month PE ratio of 21.80. In terms of its 52-week price range, KDP has a high of $34.65 and a low of $27.66. The company’s stock has gained about 9.96% over that past 30 days.
Keurig Dr Pepper Inc has a market cap of $46.80 billion. With its Forward Dividend at 0.84 and a yield of 2.51%, the company’s investors could be anxious for the KDP stock to gain ahead of the earnings release. Estimates by analysts give the company expected earnings per share (EPS) of $0.45, with the EPS growth for the year raised at $1.92 for 2024 and $2.07 for next year. These figures represent 7.30% and 7.80% growth in EPS for the two years respectively.
Analysts tracking the company’s growth have also given it a consensus growth in revenue estimated at $3.93 billion, with a low of $3.9 billion and a high of $3.98 billion. The median projection represents growth squeezing down to 6.60% compared to sales growth for the corresponding quarter a year ago. According to analyst consensus estimates figures, the company’s yearly revenue forecast for 2024 is expected to hit $15.43 billion, or 4.20% up from figures reported last year.
On the other hand, looking at the outlook for the KDP stock, short term indicators assign the stock an average of 50% Buy, while medium term indicators assign it an average of 50% Sell. Long term indicators on average place the stock in the category of 50% Buy.
Looking further, we note that the PEG ratio for the KDP stock currently stands at 3.06, and the most recent price level today is 7.76% off its SMA20 and 10.88% from its 50-day simple moving average. The RSI (14) is pointing at 77.68 while the volatility over the past week is 2.26% and jumps to 1.70% over the past one month. The beta value is 0.63, while the average true range (ATR) is currently pointing at 0.61.
Coming back to Keurig Dr Pepper Inc (NASDAQ:KDP), we note that the average 3-month trading volume was 11.37 million. Current shares outstanding are 1.39 billion.
The insiders hold 22.00% of the company’s shares while institutions hold 65.13%. Investors should be excited about this stock as its upside potential is great, with today’s price pushing the stock 1.22% up in year-to-date price movement.
