UBS Group Lowers Keurig Dr Pepper (NASDAQ:KDP) Price Target to $32.00

Keurig Dr Pepper (NASDAQ:KDP) had its price objective reduced by equities researchers at UBS Group from $36.00 to $32.00 in a note issued to investors on Tuesday,Benzinga reports. The firm currently has a “buy” rating on the stock. UBS Group’s price target indicates a potential upside of 25.47% from the stock’s current price.

Several other research analysts have also weighed in on KDP. Deutsche Bank Aktiengesellschaft decreased their price objective on shares of Keurig Dr Pepper from $34.00 to $28.00 and set a “hold” rating for the company in a report on Monday, March 30th. Barclays raised their price objective on shares of Keurig Dr Pepper from $30.00 to $32.00 and gave the stock an “equal weight” rating in a report on Thursday, February 26th. Weiss Ratings reissued a “hold (c-)” rating on shares of Keurig Dr Pepper in a report on Wednesday, January 28th. Jefferies Financial Group lowered shares of Keurig Dr Pepper from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $39.00 to $32.00 in a report on Tuesday, December 16th. Finally, Piper Sandler raised their price target on shares of Keurig Dr Pepper from $35.00 to $38.00 and gave the stock an “overweight” rating in a research report on Monday, December 15th. Eight research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Keurig Dr Pepper has a consensus rating of “Hold” and a consensus target price of $34.07.

Keurig Dr Pepper Stock Down 0.8%

KDP stock traded down $0.20 during mid-day trading on Tuesday, hitting $25.51. 4,976,720 shares of the company were exchanged, compared to its average volume of 10,581,050. The company has a market capitalization of $34.65 billion, a PE ratio of 16.64, a price-to-earnings-growth ratio of 1.28 and a beta of 0.35. The company has a current ratio of 0.64, a quick ratio of 0.43 and a debt-to-equity ratio of 0.51. Keurig Dr Pepper has a twelve month low of $24.88 and a twelve month high of $35.94. The firm has a fifty day simple moving average of $27.98 and a 200 day simple moving average of $27.60.

Keurig Dr Pepper (NASDAQ:KDP) last announced its quarterly earnings data on Tuesday, February 24th. The company reported $0.60 earnings per share for the quarter, topping the consensus estimate of $0.59 by $0.01. The company had revenue of $4.50 billion during the quarter, compared to analyst estimates of $4.35 billion. Keurig Dr Pepper had a net margin of 12.52% and a return on equity of 11.14%. The firm’s revenue for the quarter was up 10.6% compared to the same quarter last year. During the same period last year, the business earned $0.58 EPS. Keurig Dr Pepper has set its FY 2026 guidance at 2.130-2.170 EPS. On average, research analysts forecast that Keurig Dr Pepper will post 1.92 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of KDP. NewEdge Advisors LLC lifted its position in Keurig Dr Pepper by 30.6% in the 1st quarter. NewEdge Advisors LLC now owns 15,488 shares of the company’s stock valued at $530,000 after purchasing an additional 3,627 shares during the last quarter. Empowered Funds LLC lifted its position in Keurig Dr Pepper by 248.0% in the 1st quarter. Empowered Funds LLC now owns 69,801 shares of the company’s stock valued at $2,389,000 after purchasing an additional 49,741 shares during the last quarter. Woodline Partners LP lifted its position in Keurig Dr Pepper by 49.2% in the 1st quarter. Woodline Partners LP now owns 100,870 shares of the company’s stock valued at $3,452,000 after purchasing an additional 33,258 shares during the last quarter. Sivia Capital Partners LLC bought a new stake in Keurig Dr Pepper in the 2nd quarter valued at about $328,000. Finally, EverSource Wealth Advisors LLC lifted its position in Keurig Dr Pepper by 165.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 10,364 shares of the company’s stock valued at $343,000 after purchasing an additional 6,453 shares during the last quarter. 93.99% of the stock is currently owned by institutional investors.

About Keurig Dr Pepper

Keurig Dr Pepper (NASDAQ: KDP) is a North American beverage company formed in July 2018 through the combination of Keurig Green Mountain and Dr Pepper Snapple Group. The company designs, manufactures, markets and distributes a wide range of hot and cold beverages and related equipment, combining Keurig’s single‑serve coffee systems with a large portfolio of carbonated and noncarbonated drink brands. It operates a network of manufacturing, packaging and distribution facilities to supply retail, foodservice and e-commerce channels across its served markets.

The company’s product mix includes single‑serve coffee brewers and coffee pods under the Keurig brand as well as a broad assortment of branded beverages.