PepsiCo (PEP) Stock Slides as Market Rises: Facts to Know Before You Trade

The food and beverage company's shares have seen a decrease of 8.23% over the last month, not keeping up with the Consumer Staples sector's loss of 2.81% and the S&P 500's gain of 3.11%. Any recent changes to analyst estimates for PepsiCo should also be noted by investors. These revisions help to show the ever-changing nature of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company's business outlook. From a valuation perspective, PepsiCo is curr ...