PepsiCo Inc (NASDAQ: PEP) has reported earnings for its second fiscal quarter (ending June 30) of $2.24 versus $1.99 for the same period a year ago — an increase of 13%. Relative to the consensus estimate of $2.16, this was a premium of $0.08. For the latest four quarters through June 30, E.P.S. were $6.93 compared to $5.74 a year ago — an increase of 21%.
Recent Price Action
PepsiCo Inc (NASDAQ: PEP) stock closed at $163.95 on 7/11/24 after a slight gain of 0.2%. Moreover, trading volume in this advance was exceptionally high at 208% of normal. The stock is unchanged during the last week and has performed in line with the market over the last nine months.
Current PriceTarget Research Rating
Reflecting future returns on capital that are forecasted to be above the cost of capital, PEP is expected to continue to be a major Value Builder.
PepsiCo has a current Value Trend Rating of C (Low Neutral). The Value Trend Rating reflects consistent signals from PTR’s two proprietary measures of a stock’s attractiveness. PepsiCo has a slightly negative Appreciation Score of 34 and a neutral Power Rating of 56, leading to the Low Neutral Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of C. This review will be completed in the next several days.
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