PepsiCo Stock: What Analysts Say ahead of 1Q17 Results
As of April 19, 73.0% or 16 out of 22 analysts have a “buy” rating for PepsiCo’s (PEP) stock. Six analysts have a “hold” rating.
As of April 19, PepsiCo (PEP) was trading at a 12-month forward PE (price-to-earnings) ratio of 22.1x.
PepsiCo (PEP) delivered revenue growth of 5.0% in 4Q16 after eight consecutive quarters of declines in its top line.
PepsiCo (PEP) is slated to announce its fiscal 1Q17 results on April 26. The company exceeded analysts’ earnings expectations in each of the four quarters in fiscal 2016.
Snack and beverage giant PepsiCo (PEP) is scheduled to announce its fiscal 1Q17 results on April 26. Here’s what you need to know.
As of April 17, Coca-Cola was trading at a higher forward PE ratio than PepsiCo (PEP) at 22.1x and Dr Pepper Snapple (DPS) at 21.4x.
As of April 17, Coca-Cola stock has risen 3.9% to $43.07 on a YTD basis. The company’s stock price has risen 4.4% since its 4Q16 results on February 9.
Coca-Cola is expected to announce its 1Q17 results on April 25. Analysts expect the company to deliver adjusted EPS of $0.44—a fall of 2.2% YoY.
In 2016, Coca-Cola’s worldwide unit case volume rose 1.0%. Its sparkling beverage volumes were flat in 2016, while still beverage volumes rose 3.0%.
Analysts expect Coca-Cola’s weak revenue to continue in 1Q17. According to analysts, Coca-Cola’s revenue will likely fall ~14.0% to $8.9 billion in 1Q17.
As of March 28, Coca-Cola and PepsiCo were trading at 12-month forward PE multiples of 22.7x and 22.0x, respectively.
As of March 28, Coca-Cola, PepsiCo, and Dr Pepper Snapple have total returns of 3.2%, 8.2%, and 7.8%, respectively, YTD.
Nonalcoholic beverage companies Coca-Cola, PepsiCo, and Dr Pepper Snapple are adapting to health-conscious consumers.
Dwindling soda volumes are a major concern for soda beverage manufacturers Coca-Cola (KO) and PepsiCo (PEP).
Nonalcoholic beverage companies see tremendous opportunities in the better-for-you product categories.
Despite weak sales, both Coca-Cola and PepsiCo were able to deliver improved gross and operating margins in fiscal 2016.
In 2016, the revenues of Coca-Cola and PepsiCo fell 5.5% and 0.4%, respectively. For KO, this fall was worse than in 2015.
As of March 3, 2017, Monster Beverage (MNST) was trading at a 12-month forward PE ratio of 31.5x. Its valuation multiple rose 12.5% on March 2, 2017.
On March 3, 2017, 13 of the 17 analysts (or 76.0%) covering Monster Beverage (MNST) stock gave it a “buy” recommendation. Four analysts gave it a “hold.”
Monster Beverage (MNST) delivered net sales of $753.8 million in 4Q16, which was significantly above the consensus analyst sales estimate of $722.5 million.