$1.42 EPS Expected for PepsiCo, Inc. (PEP)

September 17, 2017 - By Richard Conner

 $1.42 EPS Expected for PepsiCo, Inc. (PEP)
Investors sentiment increased to 0.97 in Q4 2016. Its up 0.18, from 0.79 in 2016Q3. It improved, as 68 investors sold PepsiCo, Inc. shares while 674 reduced holdings. 102 funds opened positions while 618 raised stakes. 967.70 million shares or 0.34% more from 964.42 million shares in 2016Q3 were reported.
Kanaly Tru holds 10,551 shares. Fincl Management Professionals Inc holds 0.1% or 1,920 shares. North Dakota-based Invest Centers Of America has invested 0.53% in PepsiCo, Inc. (NYSE:PEP). Moreover, Moors Cabot has 1.44% invested in PepsiCo, Inc. (NYSE:PEP) for 83,923 shares. First Long Island Limited Liability Company has invested 1.68% of its portfolio in PepsiCo, Inc. (NYSE:PEP). Virginia-based Mngmt Of Virginia Ltd Liability Com has invested 0.8% in PepsiCo, Inc. (NYSE:PEP). Meeder Asset Inc holds 0.83% or 83,204 shares in its portfolio. Nj State Employees Deferred Compensation Plan reported 0.48% of its portfolio in PepsiCo, Inc. (NYSE:PEP). The Michigan-based Ls Inv Advsrs Limited Liability Com has invested 1.4% in PepsiCo, Inc. (NYSE:PEP). Citizens And Northern Corp owns 8,079 shares. Schroder Investment Mgmt Group has 0.66% invested in PepsiCo, Inc. (NYSE:PEP). Manning Napier Limited Liability reported 245,838 shares stake. Mu Invests Ltd reported 490 shares stake. Private Harbour Invest Management And Counsel Limited Liability Company holds 16,848 shares or 1.59% of its portfolio. Robecosam Ag reported 82,488 shares stake.

Since April 28, 2017, it had 0 buys, and 1 insider sale for $337,775 activity. The insider TRUDELL CYNTHIA sold $337,775.

Wall Street await PepsiCo, Inc. (NYSE:PEP) to release earnings on October, 4 before the open. Analysts forecast EPS of $1.42, up exactly $0.02 or 1.43 % from 2014’s $1.4 EPS. The expected PEP’s profit could reach $2.02B giving the stock 20.22 P/E in the case that $1.42 earnings per share is reported. After posting $1.50 EPS for the previous quarter, PepsiCo, Inc.’s analysts now forecast -5.33 % negative EPS growth. The stock increased 0.58% or $0.66 on September 15, reaching $114.85. About 5.54 million shares traded or 76.43% up from the average. PepsiCo, Inc. (NYSE:PEP) has risen 12.20% since September 17, 2016 and is uptrending. It has underperformed by 4.50% the S&P500.

PepsiCo, Inc. (NYSE:PEP) Ratings Coverage

Among 19 analysts covering PepsiCo (NYSE:PEP), 9 have Buy rating, 0 Sell and 10 Hold. Therefore 47% are positive. PepsiCo had 51 analyst reports since July 21, 2015 according to SRatingsIntel. The firm earned “Positive” rating on Wednesday, April 12 by Susquehanna. The rating was maintained by Cowen & Co on Thursday, August 10 with “Buy”. RBC Capital Markets maintained PepsiCo, Inc. (NYSE:PEP) rating on Friday, March 24. RBC Capital Markets has “Hold” rating and $115 target. The stock of PepsiCo, Inc. (NYSE:PEP) has “Buy” rating given on Thursday, August 27 by Vetr. The rating was maintained by Deutsche Bank on Friday, July 8 with “Buy”. The firm earned “Buy” rating on Friday, April 28 by BMO Capital Markets. The stock has “Market Perform” rating by BMO Capital Markets on Wednesday, June 7. The stock has “Overweight” rating by JP Morgan on Tuesday, March 21. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, June 29. On Wednesday, October 7 the stock rating was maintained by RBC Capital Markets with “Sector Perform”.

PepsiCo, Inc. is a global food and beverage company. The company has market cap of $163.72 billion. The Company’s portfolio of brands includes Frito-Lay, Gatorade, Pepsi-Cola, Quaker and Tropicana. It has a 24.33 P/E ratio. The Firm operates through six divisions: Frito-Lay North America , Quaker Foods North America (QFNA), North America Beverages (NAB), Latin America, Europe Sub-Saharan Africa (ESSA), and Asia, Middle East and North Africa (AMENA).

More notable recent PepsiCo, Inc. (NYSE:PEP) news were published by: Seekingalpha.com which released: “Credit Suisse cautious on PepsiCo” on September 08, 2017, also Nasdaq.com with their article: “Pepsico, Inc. (PEP) Ex-Dividend Date Scheduled for August 30, 2017” published on August 29, 2017, Seekingalpha.com published: “Pepsi Has The Wind At Its Back” on September 13, 2017. More interesting news about PepsiCo, Inc. (NYSE:PEP) were released by: Fool.com and their article: “Better Buy: The Coca-Cola Co vs. PepsiCo, Inc.” published on September 13, 2017 as well as Fool.com‘s news article titled: “Better Buy: Procter & Gamble Co vs. PepsiCo, Inc.” with publication date: August 26, 2017.

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