Monthly Stock Report: PepsiCo, Inc. (PEP)
Publication Date: September 22, 2024
Company Overview
PepsiCo, Inc. (PEP), headquartered in Purchase, New York, is a leading player in the consumer defensive sector, primarily known for its beverages and convenient foods. With a diverse portfolio of iconic brands including Lay’s, Doritos, Gatorade, and Pepsi-Cola, the company operates through seven segments such as Frito-Lay North America and PepsiCo Beverages North America. PepsiCo has established a significant market presence since its inception in 1898, continuously innovating within the non-alcoholic beverage sector and catering to a broad customer base through a vast distribution network. The firm’s total revenue stands at approximately $92.05 billion, showcasing robust financial health and strong demand for its products, thereby indicating a buy recommendation under the current market conditions.
Stock Performance and Analyst Outlook
As of the latest trading session, PepsiCo’s stock is priced at $171.18, presenting potential for substantial upside, with analysts assigning a target high price of $200.00. This optimistic assessment is supported by evolving consumer preferences favoring non-alcoholic beverage options and a solidified market presence. The average target price among analysts is $183.27, with a median target of $185.00, indicating significant confidence in the stock’s growth trajectory. The stock has roughly 1.37 billion shares outstanding and a mere 1.36% short interest, suggesting a favorable ownership structure predominantly held by long-term investors.
Financial Metrics and Recommendations
PepsiCo’s strong revenue stream exemplifies its solid financial standing, although there is a noted absence of EBITDA data, which is crucial for detailed profitability insights. Despite the current stock price being below its fifty-two week high of $183.41, it remains well above the low of $155.83, indicating resilience and the potential for recovery. The average recommendation score from 21 analysts stands at 2.5, reinforcing the bullish sentiment around PepsiCo’s stock. With solid fundamentals and strong market positioning, investors are advised to capitalize on the growth potential while also being mindful of short-term market fluctuations.
In summary, PepsiCo, Inc. remains a strong investment opportunity in the current market, buoyed by its extensive product lineup and favorable analyst outlooks.
| Metric | Value |
|---|---|
| Market Cap | $235.1b |
| Total Debt | $44.9b |
| Total Cash | $6.7b |
| Shares Outstanding | 1.4b |
| Float Shares | 1.4b |
Disclaimer:
The information provided in this monthly report is for informational purposes only and should not be construed as financial, investment, or trading advice. AltStation.io does not guarantee the accuracy, completeness, or timeliness of the data and analyses presented. The content is based on publicly available information, and while we strive to ensure its accuracy, errors and omissions may occur.
Investing in stocks, cryptocurrencies, and other financial instruments involves significant risk, including the potential loss of principal. Past performance is not indicative of future results. Readers should conduct their own research and consult with a qualified financial advisor before making any investment decisions. AltStation.io and its affiliates are not responsible for any losses incurred as a result of using this report.
By using this report, you acknowledge that you understand and accept these terms.