PepsiCo, Inc.’s Stock Price Drops to $165.90, Marking a 3.01% Dip in Performance

PepsiCo, Inc. (PEP)

165.90 USD -5.14 (-3.01%) Volume: 9.17M

PepsiCo, Inc.’s stock price stands at 165.90 USD, witnessing a decrease of 3.01% this trading session with a trading volume of 9.17M. The year-to-date performance showcases a slight dip of 2.32%, making PEP’s stock a significant player in the trading market.

Latest developments on PepsiCo, Inc.

Today, Pepsico Inc‘s stock price movement is influenced by several key events. Mosley Wealth Management recently acquired 2362 shares of PepsiCo, Inc, while Unigestion Holding SA revealed a $27.40 million holding in the company. Envestnet Asset Management Inc. also acquired 237,669 shares, and Westwood Holdings Group Inc. increased its stock position in PepsiCo. These acquisitions and increased holdings reflect positive investor sentiment towards PepsiCo. Additionally, Zacks Investment Ideas feature highlighted PepsiCo alongside other prominent companies like NVIDIA, Tesla, and Tenet, further boosting market optimism surrounding the beverage and snack giant.

PepsiCo, Inc. on Smartkarma

Analysts on Smartkarma, such as Baptista Research and Value Investors Club, have been covering Pepsico Inc and providing insights on the company’s performance. Baptista Research highlighted PepsiCo’s steady growth and improvement in various business areas during Q1 2024 earnings, with a strong emphasis on robust international performance. Additionally, Baptista Research pointed out some challenges faced by the company, such as a supply chain disruption affecting Quaker in late 2023. Despite these challenges, PepsiCo’s growth trajectory remains positive, with consistent double-digit growth in top-line business over the last three years.

Value Investors Club’s analysis of Pepsico Inc focused on the company’s revenue breakdown between segments, noting that Beverages North America contributes a third of sales but only 22% of EBIT, while Frito Lay North America accounts for 25% of sales but 50% of EBIT. Despite the impact of COVID-19 on PepsiCo’s business, the company has maintained a strong performance. This information provides investors with valuable insights into the financial performance and strategic positioning of PepsiCo Inc as they navigate the market.

A look at PepsiCo, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Pepsico Inc has a mixed long-term outlook. While the company scores well in Dividend and Momentum, with a score of 4 for both factors, its Value and Resilience scores are lower at 2. This indicates that Pepsico Inc may not be considered a strong value investment, but its dividend and momentum trends are positive.

Pepsico Inc, a global beverage, snack, and food company, has a moderate Growth score of 3. This suggests that while the company may not be experiencing rapid growth, it is still positioned for steady expansion in the future. Overall, Pepsico Inc‘s Smartkarma Smart Scores paint a picture of a company with solid dividend payouts and positive momentum, but with room for improvement in terms of value and resilience.

Summary: PepsiCo, Inc. operates worldwide beverage, snack and food businesses. The Company manufactures or uses contract manufacturers, markets and sells a variety of grain-based snacks, carbonated and non-carbonated beverages and foods in countries throughout the world.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
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