Stock Update: PepsiCo Inc (NYSE:PEP) – NHL Fans Score Big with the Pepsi® Hoist the Cup™ Experience Exclusively at Subway® Canada

[CNW Group] – NHL Fans Score Big with the Pepsi® Hoist the Cup™ Experience Exclusively at Subway® Canada Read more on this. Pepsico, Inc. (PEP) , with a current market cap of $151.48B, began trading this morning at $103.80. Shares have traded today between $103.55 and $103.95 per share with the price of the stock fluctuating between $76.48 to $103.95 over the last 52 weeks. Priced at 22.18x this year’s forecasted earnings, PEP shares are relatively inexpensive compared to the industry’s 41.78x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $2.81 per share annually in dividends, yielding 2.71%. In a review of the consensus earnings estimate this quarter, 21 sell-side analysts are looking at $0.81 per share, which would be $0.02 worse than the year-ago quarter and a $0.03 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $4.68, which would be a $0.11 better when compared to the last year’s annual results. The quarterly earnings estimate is predicated on a consensus revenue forecast of $11.85 Billion. If reported, that would be a 3.03% decrease over the year-ago quarter. More recently, Sterne Agee CRT downgraded PEP from Buy to Neutral (Feb 26, 2016). Previously, Nomura upgraded PEP from Reduce to Neutral. Investors should keep in mind is that the average price target is $106.55, which is 2.65% above where the stock opened this morning. See more in (NYSE:PEP) Similar Articles: Stock Update (NYSE:PEP): Pepsi Pays Tribute to More Than a Century of Cola-Making Expertise with the Launch of 1893 from the Makers of Pepsi-Cola Market Update: PepsiCo Inc (NYSE:PEP) – Pepsi Paints the Bay Area Blue for Super Bowl 50 Stock Update: PepsiCo Inc (NYSE:PEP) – PepsiCo to Present at the Consumer Analyst Group of New York Conference