PepsiCo (NASDAQ:PEP) announced its quarterly earnings data on Thursday. The company reported $1.45 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.01, reports. PepsiCo had a net margin of 18.78% and a return on equity of 55.00%. The company had revenue of $20.64 billion during the quarter, compared to analyst estimates of $20.24 billion. During the same period in the previous year, the business earned $1.49 EPS. The firm’s revenue for the quarter was up 5.7% on a year-over-year basis. PepsiCo updated its FY 2020
Pre-Market guidance to 5.88-5.88 EPS.

Shares of PEP traded down $0.33 during midday trading on Friday, hitting $146.14. The stock had a trading volume of 37,007 shares, compared to its average volume of 4,143,470. The stock’s 50 day moving average is $140.04 and its 200 day moving average is $136.11. The firm has a market cap of $203.11 billion, a PE ratio of 16.72, a price-to-earnings-growth ratio of 3.51 and a beta of 0.53. The company has a debt-to-equity ratio of 2.08, a current ratio of 0.95 and a quick ratio of 0.77. PepsiCo has a 1 year low of $111.88 and a 1 year high of $147.13.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 31st. Stockholders of record on Friday, March 6th will be paid a $0.955 dividend. This represents a $3.82 annualized dividend and a dividend yield of 2.61%. The ex-dividend date is Thursday, March 5th. PepsiCo’s dividend payout ratio is currently 67.49%.

A number of equities analysts have recently issued reports on the company. BidaskClub upgraded PepsiCo from a “hold” rating to a “buy” rating in a research note on Saturday, January 25th. Cfra increased their target price on shares of PepsiCo from $150.00 to $160.00 and gave the stock a “buy” rating in a report on Thursday. Evercore ISI reiterated a “hold” rating on shares of PepsiCo in a research note on Sunday, December 15th. Citigroup upped their price target on PepsiCo from $143.00 to $157.00 and gave the stock a “neutral” rating in a research note on Friday. Finally, Morgan Stanley cut shares of PepsiCo from an “overweight” rating to an “equal weight” rating in a research report on Monday, December 16th. One investment analyst has rated the stock with a sell rating, thirteen have issued a hold rating and eleven have given a buy rating to the company’s stock. The company has an average rating of “Hold” and a consensus target price of $137.45.

About PepsiCo

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 for PepsiCo (NASDAQ:PEP)

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