Mondelēz International (MDLZ) reported its 1Q17 results after the markets closed on May 2, 2017. The stock had risen ~3.4% as of about 10:10 AM EST on May 3, 2017.
As of May 2, 2017, Tyson Foods was trading at a 12-month forward PE ratio of 13.6x. That’s lower than the S&P 500 (SPX) Index’s forward PE ratio of 18.7x.
Most of analysts covering Tyson Foods (TSN) remain positive on the stock, given the company’s strong start to the current fiscal year.
Analysts expect Tyson Foods (TSN) to report sales of $9.0 billion in fiscal 2Q17, which represents a YoY (year-over-year) fall of 1.4%.
Tyson Foods’ (TSN) segments are witnessing strong volumes, especially in the Beef and Pork segments.
Tyson Foods’ (TSN) margins are expected to remain strong due to lower input costs and strong volume growth in the Beef and Pork segments.
Tyson Foods (TSN) is set to report its fiscal 2Q17 results on Monday, May 8, 2017. Analysts expect adjusted EPS of $1.02, a YoY fall of 4.7%.
As of May 1, DPS was trading at a 12-month forward PE ratio of 19.6x. The multiple fell 4.3% on April 26, the day DPS announced its 1Q17 results.
In 1Q17, DPS’s gross margin expanded by 30 basis points to 59.8%. The 1Q17 gross margin was positively impacted by favorable mark-to-market activity.
As of May 1, 2017, Dr Pepper Snapple’s (DPS) stock was trading at $90.88, which was 0.2% higher on a YTD (year-to-date) basis.
In 1Q17, Dr Pepper Snapple delivered EPS of $1.01, excluding the impact of one-time items, surpassing the consensus Wall Street analyst estimate of $0.97.
Dr Pepper Snapple (DPS) generated sales of $1.51 billion in 1Q17, missing the consensus Wall Street analysts’ sales estimate of $1.55 billion.
PepsiCo’s (PEP) gross margin fell 45 basis points to 56.1% in fiscal 1Q17 due to commodity inflation.
PepsiCo’s (PEP) 12-month forward PE (price-to-earnings) multiple fell 2.4% to 21.7x on April 26, 2017, following the company’s 1Q17 results.
As of April 26, 2017, PepsiCo (PEP) was rated a “buy” by 16 of the 22 analysts, or 73.0%, covering the stock.
PepsiCo’s business in developed markets generated organic revenue growth of 1.0%, mainly due to its Frito-Lay North America and North American Beverages segments.
PepsiCo (PEP) delivered revenue of $12.1 billion in fiscal 1Q17, which was higher than the consensus analyst revenue estimate of $12.0 billion.
PepsiCo’s adjusted EPS rose 5.6% on a year-over-year basis in fiscal 1Q17. That growth was a result of higher revenue and a lower tax rate.
PepsiCo (PEP) announced its fiscal 1Q17 results on April 26, 2017. Sales and earnings exceeded Wall Street analysts’ expectations.
Despite the company’s healthy 1Q17 performance and strong growth potential, the majority of analysts remain neutral on the stock given the company’s high valuation.