PepsiCo Inc. (PEP) has persistently showcased the benefits of stringent cost-saving actions and focus on productivity improvements. These actions have gone a long way in bolstering PEP’s margin performance, along with continued focus on expansion.The company has been focused on driving greater efficiency and effectiveness by driving down costs and plowing back these savings to develop scale and core capabilities. The company expects to achieve its productivity goals through savings generated from its restru ...

When deciding whether to buy, sell, or hold a stock, investors often rely on analyst recommendations. Media reports about rating changes by these brokerage-firm-employed (or sell-side) analysts often influence a stock's price, but are they really important?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about PepsiCo (PEP) .PepsiCo currently has an average brokerage recommendation (ABR) of 1.89, on a sc ...

PepsiCo (PEP) closed at $168.95 in the latest trading session, marking a -0.97% move from the prior day. The stock's change was less than the S&P 500's daily loss of 0.95%. Meanwhile, the Dow lost 1.09%, and the Nasdaq, a tech-heavy index, lost 0.84%.Prior to today's trading, shares of the food and beverage company had gained 3.69% over the past month. This has outpaced the Consumer Staples sector's loss of 0.44% and the S&P 500's gain of 1.78% in that time.The investment community will be paying close atte ...

Looking for a stock that has been consistently beating earnings estimates and might be well positioned to keep the streak alive in its next quarterly report? PepsiCo (PEP) , which belongs to the Zacks Beverages - Soft drinks industry, could be a great candidate to consider.This food and beverage company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 3.59%.For the last reported quarter, PepsiCo came ...

In the latest trading session, PepsiCo (PEP) closed at $169.69, marking a +0.01% move from the previous day. The stock's change was more than the S&P 500's daily loss of 1.23%. On the other hand, the Dow registered a loss of 1.36%, and the technology-centric Nasdaq decreased by 1.4%.The food and beverage company's shares have seen an increase of 4.1% over the last month, surpassing the Consumer Staples sector's loss of 3.46% and the S&P 500's gain of 1.61%.Analysts and investors alike will be keeping a clos ...

Cracker Jack and the National Baseball Hall of Fame launch new "Cracker Jack at the Ballpark" exhibit and offer fans the chance to win a trip to Hall of Fame Weekend 2024PLANO, Texas, April 4, 2024 /PRNewswire/ -- Enshrined in the lyrics of "Take Me Out to the Ballgame," Cracker Jack® popcorn has been a staple at ballparks for more than a century. Now, the fan-favorite snack is teaming up with the National Baseball Hall of Fame and Museum to celebrate how deeply engrained Cracker Jack is in the sport with t ...

In celebration of Miss Vickie's® grocery and retail launch, the brand is giving a fan the chance for their art to be featured on a billboard PLANO, Texas, April 3, 2024 /PRNewswire/ -- Miss Vickie's® Kettle Cooked Potato Chips is hitting grocery and retail stores nationwide, allowing consumers to enjoy their favorite snack at home. To celebrate Miss Vickie's being available on store shelves, the brand is partnering with a special judge to kick off an art contest inspired by the expressive watercolor illustr ...

Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink will join forces to help fuel soccer fandom as official snacks and energy drink of Leagues Cup 2024PLANO, Texas, April 2, 2024 /PRNewswire/ -- Lay's®, Sabritas®, Gamesa®, and Rockstar® Energy Drink today announced a multi-year sponsorship of Leagues Cup, the official, World Cup-style tournament that features all 47 clubs from Major League Soccer (MLS) and LIGA MX. This partnership further solidifies Frito-Lay's and Rockstar's commitment to the sport and ...

The Frito-Lay Variety Packs' campaign with Hasbro celebrates moments of connection in new TV spots and a game experience that gives players a chance to win daily prizes.PLANO, Texas, April 1, 2024 /PRNewswire/ -- Frito-Lay® Variety Packs has teamed up with leading toy and game company Hasbro to show families how Frito-Lay snacks can add more joy to their snacking occasions and bring everyone together. As two brands dedicated to inspiring fun each day, Frito-Lay Variety Packs' and Hasbro's new campaign bring ...

PepsiCo's (PEP -0.25%) shares have had more fizzle than fizz recently. The stock has fallen more than 10% from its peak over the last 12 months. Meanwhile, the S&P 500 index has soared over 30% during the same period.Don't pour Pepsi down the drain just yet, though. Here's why this beaten-down S&P 500 Dividend King is a stock you can buy and hold forever.Why PepsiCo stock has declinedThroughout much of the last decade, PepsiCo's total returns outperformed the S&P 500. Why has the stock declined over the pas ...