Several research analysts at Jefferies Financial Group have already reduced the EPS estimates for PEP in a 15th April research report. K. Grundy, the analyst for the brokerage with an EPS of $1.58 which is quite a reduction from their previous EPS of $1.75.
Stock Commentary Of PEP
Quite a few research equities have commented on the stocks of PEP. Barclays has already increased the rating of the company from equal weight to overweight with a price target of $151 set on the company in a 29th March research report. The Royal Bank of Canada has gone the other way and reduced the price rating of the company from outperform to sector perform along with a $153 price target in a 4th January research report.
Sanford C. Bernstein has a rating of underperform with a price target of $135 in a 19th January research report. Wolfe Research has also put up a rating of peer perform in a 12th April research report. Guggenheim has set a rating of buy on the company in a 1st April research report.
One of the investment analysts gave the stocks of PEP a rating of sell, while five of them have given the company a rating of hold. Seven others have also provided the company a rating of buy. Currently, PEP has a buy rating with a $148.25 price target.
The stocks of PEP traded on Monday at $144.16. The year low of the company is $126.53, with a year high of around $148.77. The quick ratio of the company is 0.77, with a 2.79 debt-to-equity ratio set on it. The moving average price of the company over 50 days has been set at $137.04, with the moving average price of the company over 200 days set at $140.01. The market cap of the firm is $198.95 billion, with a 28.55 PE ratio, along with a 3.63 PEG ratio.
