Here is What to Know Beyond Why PepsiCo, Inc. (PEP) is a Trending Stock

Core Viewpoint - PepsiCo has been experiencing a decline in stock performance, with a return of -9.1% over the past month, significantly underperforming the S&P 500 composite's -0.7% change and the Zacks Beverages - Soft drinks industry's -1.4% loss [2] Earnings Estimates Revisions - For the current quarter, PepsiCo is expected to report earnings of $2.08 per share, reflecting an -8.8% change from the previous year, with the Zacks Consensus Estimate decreasing by -10.4% over the last 30 days [5] - The consensus earnings estimate for the current fiscal year is $7.93, indicating a -2.8% change from the prior year, with a -4.8% revision in the last month [5] - For the next fiscal year, the consensus estimate is $8.39, showing a +5.8% change from the previous year, although this estimate has also changed by -4.8% recently [6] - PepsiCo holds a Zacks Rank 4 (Sell) due to significant changes in earnings estimates and other related factors [7] Revenue Growth Forecast - The consensus sales estimate for the current quarter is $22.39 billion, indicating a -0.5% year-over-year change [11] - For the current fiscal year, the sales estimate is $92.22 billion, reflecting a +0.4% change, while the next fiscal year's estimate is $95.28 billion, indicating a +3.3% change [11] Last Reported Results and Surprise History - In the last reported quarter, PepsiCo's revenues were $17.92 billion, down -1.8% year-over-year, with an EPS of $1.48 compared to $1.61 a year ago [12] - The reported revenues exceeded the Zacks Consensus Estimate of $17.75 billion by +0.94%, while the EPS fell short by -1.33% [12] - Over the last four quarters, PepsiCo surpassed consensus EPS estimates three times but only exceeded revenue estimates once [13] Valuation - PepsiCo's valuation metrics indicate that it is trading at a premium to its peers, receiving a Zacks Value Style Score of D, suggesting it may be overvalued [17]