PepsiCo(PEP)

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PepsiCo (PEP) Increases Despite Market Slip: Here's What You Need to Know
ZACKS· 2024-09-04 22:55
In the latest market close, PepsiCo (PEP) reached $178.52, with a +0.55% movement compared to the previous day. The stock's performance was ahead of the S&P 500's daily loss of 0.16%. Meanwhile, the Dow gained 0.09%, and the Nasdaq, a tech-heavy index, lost 0.3%. Prior to today's trading, shares of the food and beverage company had gained 2.93% over the past month. This has lagged the Consumer Staples sector's gain of 2.98% and the S&P 500's gain of 3.64% in that time. The upcoming earnings release of Pepsi ...
Gatorade Ushers in a New Age of Football by Expanding its Roster with Emerging NFL Talent and First Female Flag Football Athlete
Prnewswire· 2024-09-04 14:00
"Gatorade was born on the football field, and we're proud to continue fueling the next generation of trailblazers who are charting an exciting and inclusive future for the sport," said Anuj Bhasin, Chief Brand Officer at Gatorade. "We know that every athlete has it in them to achieve greatness, and as a leading sports brand we want to help inspire all athletes to believe that they have 'IT'." Signing the Next Generation of Football Greats to the Gatorade Roster Gatorade is expanding its elite roster with at ...
Pick Pepsi Stock Over Coca-Cola?
Forbes· 2024-09-04 12:00
Pepsi cans are seen at the shop in this illustration photo taken in Krakow, Poland, on March 18, ... [+] 2022. (Photo by Jakub Porzycki/NurPhoto via Getty Images) NurPhoto via Getty Images Given its better valuation, we believe PepsiCo stock (NYSE: PEP) is a better pick than its peer, Coca-Cola stock (NYSE: KO). PEP stock trades at 21x forward earnings, versus 25x for KO. Coca-Cola's superior revenue growth and profitability largely explain this gap in valuation. Still, we think this gap will narrow in favo ...
Seeking Diversification From Coca-Cola Or PepsiCo? Keurig Dr Pepper Is The Way
Seeking Alpha· 2024-09-02 06:12
HuiLiu/iStock via Getty Images Keurig Dr Pepper (NASDAQ:KDP) is one of the leading North American players in the cold and hot beverages sector. The company generates revenue through 125 owned, licensed, and partner brands sold mainly in the US, distributed through a broad network of leading retailers, wholesalers, e-oommerce players, and HoReCa representatives KDP distinguishes three primary operating segments: U.S. Refreshments, U.S. Coffee, and International. The U.S. Refreshments segment is the most impo ...
PEP Stock Moves Mere 5% in Six Months: Time to Sell or Stay Patient?
ZACKS· 2024-08-30 18:12
PepsiCo Inc. (PEP) stock seems to have fizzled out, showing slight movement on the bourses in recent months. PEP's 4.6% growth in the past six months is underwhelming compared with the broader industry and the Zacks Consumer Staples sector's rise of 9.6% and 7.2%, respectively. Currently priced at $173.76, the PEP stock trades at a 6.2% discount to its 52-week high of $183.41 reached on May 16, 2024. Moreover, PepsiCo's current price indicates that the stock has reverted to the levels it saw in late 2021 an ...
PepsiCo Announces Timing and Availability of Third-Quarter 2024 Financial Results
Prnewswire· 2024-08-30 12:00
PURCHASE, N.Y., Aug. 30, 2024 /PRNewswire/ -- PepsiCo, Inc. (NASDAQ: PEP) today announced that it will issue its third-quarter 2024 (ending September 7) financial results and other related information on Tuesday, October 8, 2024 by posting the following materials and links on the company's website at: www.pepsico.com/investors/financial-information/quarterly-earnings. Press release and 10-Q at approximately 6:00 a.m. EDT Prepared management remarks (in PDF format) at approximately 6:30 a.m. EDT Live questio ...
PepsiCo Launches "Taste of Tomorrow" to Bring Flavor and Funding to HBCU Students in STEM
Prnewswire· 2024-08-28 13:00
PepsiCo and the PepsiCo Foundation are helping to close the diversity gap in the STEM workforce gap by increasing awareness and access for HBCU students through financial support and resources aimed at supporting food science and elevating culinary innovation PURCHASE, N.Y., Aug. 28, 2024 /PRNewswire/ -- Today, PepsiCo announced the launch of "Taste of Tomorrow," an initiative designed to increase Black representation in Science, Technology, Engineering and Math (STEM) careers because despite the rapid grow ...
PepsiCo (PEP) Advances While Market Declines: Some Information for Investors
ZACKS· 2024-08-27 13:14
In the latest trading session, PepsiCo (PEP) closed at $175.97, marking a +0.06% move from the previous day. The stock exceeded the S&P 500, which registered a loss of 0.32% for the day. Meanwhile, the Dow experienced a rise of 0.16%, and the technology-dominated Nasdaq saw a decrease of 0.85%. Shares of the food and beverage company have appreciated by 1.81% over the course of the past month, underperforming the Consumer Staples sector's gain of 5.16% and outperforming the S&P 500's gain of 1.52%. The inve ...
PepsiCo Occupies Sweet Spot With Dividend Growth
Seeking Alpha· 2024-08-26 01:56
jetcityimage Investment Thesis PepsiCo (NASDAQ:PEP) is a diversified blue-chip company providing beverages and snacks. PepsiCo operates in more than 200 territories and countries globally, with over 500 brands. The "flagship brands," those that generate more than $1 billion in revenue, include 23 globally recognized names across both beverages and snacks. PepsiCo trades at 21.0x earnings, below its 5-year average of around 25.0x. PepsiCo is a blue-chip dividend aristocrat, with 52 years of consecutive divid ...
Where Will PepsiCo Stock Be in 3 Years?
The Motley Fool· 2024-08-23 10:00
The packaged-foods giant is a stable but uninspiring investment. PepsiCo (PEP 0.30%) has been a lackluster investment over the past three years. Its stock only rose 9% and delivered a total return of 19% after including its reinvested dividends. In comparison, the S&P 500 generated a total return of 31%. PepsiCo underperformed the market as inflation, a strong dollar, and several major recalls throttled its growth. However, its attractive forward dividend yield of 3.1% and its reputation as a safe-haven sto ...