Wall Street analysts expect that PepsiCo, Inc. (NASDAQ:PEP) will post $1.50 earnings per share for the current fiscal quarter, according to Zacks Investment Research. Five analysts have provided estimates for PepsiCo’s earnings, with the highest EPS estimate coming in at $1.57 and the lowest estimate coming in at $1.47. PepsiCo posted earnings per share of $1.61 during the same quarter last year, which indicates a negative year-over-year growth rate of 6.8%. The company is expected to issue its next earnings results on Tuesday, July 9th.

On average, analysts expect that PepsiCo will report full-year earnings of $5.51 per share for the current year, with EPS estimates ranging from $5.49 to $5.55. For the next fiscal year, analysts expect that the firm will post earnings of $5.95 per share, with EPS estimates ranging from $5.90 to $6.00. Zacks’ earnings per share averages are an average based on a survey of sell-side research firms that cover PepsiCo.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Wednesday, April 17th. The company reported $0.97 earnings per share (EPS) for the quarter, topping the Thomson Reuters’ consensus estimate of $0.92 by $0.05. PepsiCo had a net margin of 19.37% and a return on equity of 65.12%. The firm had revenue of $12.88 billion for the quarter, compared to analyst estimates of $12.68 billion. During the same period in the prior year, the firm posted $0.96 earnings per share. The company’s quarterly revenue was up 2.6% compared to the same quarter last year.

PEP has been the topic of several research analyst reports. Zacks Investment Research lowered shares of PepsiCo from a “hold” rating to a “sell” rating in a research report on Monday, February 4th. Macquarie raised shares of PepsiCo from a “neutral” rating to an “outperform” rating and set a $126.00 price objective on the stock in a research report on Tuesday, February 19th. Barclays reissued a “hold” rating and issued a $111.00 price objective (up from $104.00) on shares of PepsiCo in a research report on Monday, February 18th. Credit Suisse Group initiated coverage on shares of PepsiCo in a research report on Wednesday, March 6th. They issued an “underperform” rating and a $100.00 price objective on the stock. Finally, Jefferies Financial Group increased their price objective on shares of PepsiCo to $119.00 and gave the company a “hold” rating in a research report on Tuesday, February 19th. They noted that the move was a valuation call. One equities research analyst has rated the stock with a sell rating, thirteen have assigned a hold rating and ten have issued a buy rating to the company. PepsiCo currently has an average rating of “Hold” and an average price target of $123.80.

In other PepsiCo news, SVP Marie T. Gallagher sold 7,800 shares of the stock in a transaction dated Monday, April 22nd. The shares were sold at an average price of $125.99, for a total transaction of $982,722.00. Following the sale, the senior vice president now directly owns 55,665 shares in the company, valued at $7,013,233.35. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Vivek Sankaran sold 13,000 shares of the stock in a transaction dated Thursday, March 7th. The stock was sold at an average price of $117.28, for a total transaction of $1,524,640.00. Following the sale, the chief executive officer now owns 90,379 shares in the company, valued at $10,599,649.12. The disclosure for this sale can be found here. 0.28% of the stock is currently owned by company insiders.

A number of institutional investors have recently made changes to their positions in the business. Highwater Wealth Management LLC acquired a new stake in shares of PepsiCo in the 4th quarter valued at approximately $28,000. Bogart Wealth LLC boosted its stake in shares of PepsiCo by 64.5% in the 1st quarter. Bogart Wealth LLC now owns 255 shares of the company’s stock valued at $31,000 after purchasing an additional 100 shares in the last quarter. Horan Securities Inc. boosted its stake in shares of PepsiCo by 460.0% in the 4th quarter. Horan Securities Inc. now owns 280 shares of the company’s stock valued at $30,000 after purchasing an additional 230 shares in the last quarter. Financial Gravity Wealth Inc. acquired a new stake in shares of PepsiCo in the 1st quarter valued at approximately $41,000. Finally, 1 North Wealth Services LLC acquired a new stake in shares of PepsiCo in the 4th quarter valued at approximately $39,000. Hedge funds and other institutional investors own 72.31% of the company’s stock.

Shares of PEP opened at $125.70 on Monday. The stock has a market capitalization of $178.16 billion, a PE ratio of 22.21, a P/E/G ratio of 3.21 and a beta of 0.65. PepsiCo has a fifty-two week low of $95.94 and a fifty-two week high of $128.26. The company has a debt-to-equity ratio of 1.99, a quick ratio of 0.75 and a current ratio of 0.94.

The firm also recently declared a quarterly dividend, which was paid on Friday, March 29th. Investors of record on Friday, March 1st were given a dividend of $0.9275 per share. This represents a $3.71 dividend on an annualized basis and a yield of 2.95%. The ex-dividend date of this dividend was Thursday, February 28th. PepsiCo’s dividend payout ratio is 65.55%.

PepsiCo Company Profile

PepsiCo, Inc operates as a food and beverage company worldwide. The company's Frito-Lay North America segment offers branded dips; Cheetos cheese-flavored snacks; and Doritos tortilla, Fritos corn, Lay's potato, Ruffles potato, and Tostitos tortilla chips. Its Quaker Foods North America segment provides cereals, rice, pasta, mixes and syrups, granola bars, grits, oat squares, oatmeal, rice cakes, simply granola, and side dishes under the Aunt Jemima, Cap'n crunch, Life, Quaker Chewy, Quaker, and Rice-A-Roni brands.

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Earnings History and Estimates for PepsiCo (NASDAQ:PEP)

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