PepsiCo (NASDAQ:PEP) Hits New 52-Week Low – Time to Sell?

PepsiCo, Inc. (NASDAQ:PEP)’s share price hit a new 52-week low on Monday . The stock traded as low as $134.55 and last traded at $134.7160, with a volume of 3740765 shares changing hands. The stock had previously closed at $137.12.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on PEP. Sanford C. Bernstein set a $134.00 price objective on PepsiCo in a research note on Friday, July 10th. Citigroup downgraded shares of PepsiCo from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $170.00 to $145.00 in a research report on Friday, July 10th. Jefferies Financial Group cut their price target on shares of PepsiCo from $162.00 to $152.00 and set a “hold” rating on the stock in a report on Friday, July 10th. The Goldman Sachs Group raised their price objective on shares of PepsiCo from $180.00 to $183.00 and gave the stock a “buy” rating in a report on Friday, April 17th. Finally, Barclays dropped their target price on shares of PepsiCo from $144.00 to $138.00 and set an “equal weight” rating for the company in a research report on Friday, July 10th. Seven investment analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $157.70.

PepsiCo Price Performance

The company has a quick ratio of 0.74, a current ratio of 0.93 and a debt-to-equity ratio of 1.91. The company has a 50 day moving average of $143.53 and a 200-day moving average of $151.26. The stock has a market capitalization of $183.25 billion, a P/E ratio of 17.59, a PEG ratio of 3.01 and a beta of 0.36.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings results on Thursday, July 9th. The company reported $2.20 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.19 by $0.01. PepsiCo had a net margin of 10.78% and a return on equity of 54.63%. The company had revenue of $24.18 billion for the quarter, compared to the consensus estimate of $23.95 billion. During the same period last year, the firm posted $0.92 EPS. The company’s revenue for the quarter was up 6.4% on a year-over-year basis. PepsiCo has set its FY 2026 guidance at 8.550-8.710 EPS. Sell-side analysts predict that PepsiCo, Inc. will post 8.58 EPS for the current year.

PepsiCo Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 30th. Stockholders of record on Friday, September 4th will be issued a dividend of $1.48 per share. The ex-dividend date of this dividend is Friday, September 4th. This represents a $5.92 annualized dividend and a dividend yield of 4.4%. PepsiCo’s dividend payout ratio is 77.59%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Cypress Capital Management LLC WY lifted its holdings in shares of PepsiCo by 8.3% during the fourth quarter. Cypress Capital Management LLC WY now owns 838 shares of the company’s stock valued at $121,000 after purchasing an additional 64 shares during the last quarter. United Bank raised its holdings in PepsiCo by 3.9% during the 4th quarter. United Bank now owns 1,717 shares of the company’s stock worth $246,000 after buying an additional 65 shares during the period. Onyx Bridge Wealth Group LLC lifted its stake in PepsiCo by 2.5% during the first quarter. Onyx Bridge Wealth Group LLC now owns 2,673 shares of the company’s stock valued at $415,000 after buying an additional 66 shares in the last quarter. Wilkerson Advisory Group LLC boosted its holdings in shares of PepsiCo by 3.3% in the first quarter. Wilkerson Advisory Group LLC now owns 2,040 shares of the company’s stock worth $317,000 after buying an additional 66 shares during the period. Finally, Richards Merrill & Peterson Inc. increased its position in shares of PepsiCo by 3.6% in the first quarter. Richards Merrill & Peterson Inc. now owns 1,938 shares of the company’s stock worth $301,000 after acquiring an additional 67 shares in the last quarter. Institutional investors and hedge funds own 73.07% of the company’s stock.

PepsiCo Company Profile

PepsiCo, Inc (NASDAQ: PEP) is a multinational food and beverage company headquartered in Purchase, New York. The company develops, manufactures, markets and sells a broad portfolio of branded food and beverage products, including carbonated and noncarbonated soft drinks, bottled water, sports drinks, juices, ready-to-drink teas and coffees, salty snacks, cereals, and other convenient foods. Its leading consumer brands include Pepsi, Mountain Dew, Gatorade, Tropicana, Quaker, Lay’s, Doritos and Cheetos, among others.

Formed through the 1965 merger of Pepsi-Cola and Frito-Lay, PepsiCo has grown into a global business with integrated manufacturing, distribution and marketing operations.