Youre reading a free article with opinions that may differ from The Motley Fools Premium Investing Services. The first split for PEP took place on May 31, 1977. PepsiCo and S&P 500 Performance During 2007-08 Crisis. UKRAINE - 2021/03/04: In this photo illustration a Pepsico logo is seen on a smartphone and a pc [+] screen. Mar 2, 2023. Type a symbol or company name. "We ended the year on a strong note," Laguarta said in a press release, "with our beverage business having accelerated while our snacks and food business remained resilient.". Overall, according to data and Trefis machine learning engines calculations, patience absolutely pays for most stocks! $261 B. Also, when forecasting, technical analysis tools are used, world geopolitical and news factors are taken into account. "We do not expect to repurchase any additional shares for the balance of 2021," management said. The stock is expensive, and investors need to justify this higher valuation against the possibility of slowing growth and a weaker balance sheet. PVH Split History Pepsi and Coke compete on many levels;. It also launched a new juice product line (Frutly) for its young consumer base. Lets weigh its merits as a high-quality name against the concerns about its valuation. For years, Alphabet founders emulated Berkshire Hathaway ( BRKA ), which is the highest-priced S&P 500. Making the world smarter, happier, and richer. Matching strong 2021 results will be difficult. It also launched a new juice product line (Frutly) for its young consumer base. PepsiCo, Inc. is the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. Since 1977, Coke has announced 6 stock splits to Pepsi's 4 stock splits. With investors becoming skittish about tech stock valuations, the NASDAQ 100 (QQQ) index fell sharply in February and early March. This figure corresponds to the Average Price over the previous 50/200 days. This kind of revenue generation means plenty of profits to share with investors. We present you the most up-to-date and complete review of analytical trend forecasts and views on the PEP stock market. Yielding 2.87% at current prices, the dividend has grown an average of 7.8% over the past five years. Alphabet's Stock Split Has Taken Effect. The company is having a great year, but is the outlook as rosy? PepsiCo crushes it financially in the second quarter. If You Do This, You Won't Have to Worry About Them, Join Over Half a Million Premium Members And Get More In-Depth Stock Guidance and Research, Copyright, Trademark and Patent Information. This may not result in blockbuster gains, but it could mean moderate returns for PEP stock going forward. This segment is being lifted by more eat-at-home time. That forecast stacks up well against the 2% to 4% boost that Hershey is forecasting. Its food segments grew organic sales by 6% thanks to strong demand for brands in the Quaker Foods franchise. Do Not Sell My Personal Information (CA Residents Only). Ex-Dividend Date. The rally was driven by economic as well as company-specific factors. The beverage and packaged-food maker's revenue rose 9% year over year to $21.97 . improve its sales and margins. Please. Did Pepsi Just Become a More Attractive Dividend Stock to Buy? At the same time, flat sales volumes in the beverage unit kept Pepsi ahead of Coca-Cola (KO 0.73%), which posted a 3% decline earlier in the week. 2 Dividend Stocks That Will Pay You for Life, Want to Retire Early? For convenience, prices are divided by color. Pessimistic: $191.74. The all-time high PepsiCo stock closing price was 189.71 on April 25, 2023. This will benefit a food and beverage giant like PepsiCo In short, markets threw out this baby along with the bathwater. Graduated with my B.A. How much will one PepsiCo share be worth in Please see the "Historical Prices" tab for adjusted price values. Read more. "Mad Money" host Jim Cramer said in early January that . Please check your download folder. The successful rollout of the vaccination program and stimulus measures have led to expectations of faster economic recovery and rise in consumer spending. Cost basis and return based on previous market day close. PepsiCo has grown revenue an average of 2% per year over the past decade, and analysts are already looking for it to revert lower, calling for 4% revenue growth in 2022. However, with its status as a high-quality dividend stock, theres likely enough at play to keep long-term investors happy. In comparison, the S&P 500 Index saw a decline of 51% and recovered 48%. Therefore, a 2-for-1 stock split would mean a single share worth $60 would be split into two shares worth $30 each. PEP is currently trading around $141 per share, just a few dollars below its all-time high, but given how overheated the market has been in anticipation of the post-pandemic recovery, investors should not expect massive gains in the coming year. The Pepsi soft drink was first developed in the 1880s by Caleb Bradem, a pharmacist and industrialist, and was originally marketed in pharmacies as a digestive aid. For example, a 1000 share position pre-split, became a 3000 share position following the split. After gaining around 18.7% in the past year, could this stock produce similar returns over the next 12 months? 12/2/2021: $1.075: Quarter: 2.7%: N/A: 11/18/2021: 12/3/2021: 1/7/2022: . If you use our datasets on your site or blog, we ask that you provide attribution via a "dofollow" link back to this page. 3. TipRanks is the most comprehensive data set of sell side analysts and hedge fund managers. You can change your choices at any time by clicking on the 'Privacy dashboard' links on our sites and apps. See allTrefis Price EstimatesandDownloadTrefis Datahere, Whats behind Trefis? MACHINE LEARNING ENGINE try it yourself: IF PEP stock moved by -5% over five trading days, THEN over the next 21 trading days, PEP stock moves an average of 4 percent, which implies a return which is in line with that of the S&P500. I also enjoy sharing my thoughts and information to try and help others as well. Former Bridgewater Associates co-CEO: CEOs should shape up on ESG, or ship out, AMD CEO: the semiconductor shortage will take time to correct, Kansas City Chiefs phenom Patrick Mahomes: I am trying to build a business empire, Foot Locker CEO: this is what our future holds, Intel CEO: here is when the chip shortage may end, Coca-Cola CEO: our business is rounding the corner from the pandemic. as a result of using the information contained on the site. Opinions expressed by Forbes Contributors are their own. and Weighted Average Best Forecast. Historical daily share price chart and data for PepsiCo since 1972 adjusted for splits. This way, it doesn't become too highly priced and too rich for some investors to buy, like Google Inc.'s (GOOG) recent close price of $831.52. Optimistic: $202.90, An uptrend is forecast for this month with an optimal target price of $199.31. I have no business relationship with any company whose stock is mentioned in this article. We have provided a few examples below that you can copy and paste to your site: Your data export is now complete. Please check your download folder. As per Trefis, PepsiCos valuation works out to $150 per share. TTM = trailing 12 months. PHG Split History PEPs returns over the next N days after a 5% change over the last five trading days is detailed in the table below, along with the returns for the S&P500: Its pretty powerful to test the trend for yourself for PepsiCo stock by changing the inputs in the charts above. Get the latest PepsiCo, Inc. (PEP) real-time quote, historical performance, charts, and other financial information to help you make more informed trading and investment decisions. This trading strategy invovles purchasing a stock just before the ex-dividend date in order to collect the dividend and then selling after the stock price has recovered. Data by YCharts. Price target in 14 days: 198.702 USD. Additionally, the recent rally is also a reflection of the continued innovation at the company. At the same time, the companys cash from operations have been healthy at $10.6 billion in 2020. The company has an extended history of paying stable dividends. They go up against each other to sign athletes, movie stars and even music performers for endorsement deals. . The good news is that Pepsi is targeting another year of market-thumping growth, with organic sales rising in the mid-single digits in 2021. Also, the stock has gained almost 40% from the low of $105 seen in March 2020 and we believe that this rise is justified. It's driven by a complementary food and beverage portfolio that includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. The company sells some of the most popular food and drink brands in the world. Whatever the split ratio, the value is also split by the same ratio. With PepsiCo having benefited from the at-home consumption trend, it has recently introduced the Neon Zebra part of the non-alcoholic cocktail mixer category in four different flavors, to capitalize on the pick-up in the at-home cocktail making trend. Apr 5, 2021 04:05AM EDT. The Q4 2012 earnings press release mentioned the following in its 2013 outlook section: Reflecting its commitment to return capital to shareholders, the company announced a new share repurchase program providing for the repurchase of up to $10 billion of PepsiCo common stock from July 1, 2013 through June 20, 2016, which will succeed the current repurchase program that expires on June 30, 2013. If you buy and hold PepsiCo stock, the expectation is over time the near term fluctuations will cancel out, and the long-term positive trend will favor you - at least if the company is otherwise strong. See allTrefis Price EstimatesandDownloadTrefis Datahere, Whats behind Trefis? PepsiCo ended 2021 on a strong note with the fourth quarter witnessing 11% and 13% organic revenue growth in the global beverage and convenient foods businesses, respectively. Learn More. New launches to take advantage of the latest consumption trends and when the economy is set to recover, have led to expectations of healthy revenue and earnings growth in the coming quarters. Below, we examine the compound annual growth rate CAGR for short of an investment into PepsiCo shares, starting with a $10,000 purchase of PEP, presented on a split-history-adjusted basis factoring in the complete PepsiCo stock split history.

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