PepsiCo Inc (NASDAQ: PEP) has reported earnings for its third fiscal quarter (ending September 30) of $2.13 versus $2.25 for the same period a year ago. E.P.S. were $6.81 for the latest four quarters through September 30 versus $6.02 for the same period a year ago.
Recent Price Action
On 10/8/24, PepsiCo Inc (NASDAQ: PEP) stock increased 1.9%, closing at $170.42. Moreover, trading volume in this advance was unusually high at 153% 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). With this rating, PTR’s two proprietary measures of a stock’s current attractiveness are providing consistent signals. PepsiCo has a slightly negative Appreciation Score of 36 and a neutral Power Rating of 58, with the Low Neutral Value Trend Rating the result.
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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