PEP Stock Recent News
PEP LATEST HEADLINES
PepsiCo is a great growth company with a high valuation, trading at 31.5x TTM P/E. The latest Q2 2023 results show strong growth in net revenue and organic revenue of 10.4% and 14%, respectively. PEP is a highly profitable business and deserves to trade at a premium, but I will wait for a quarter of weak growth and a pullback to become an investor.
PepsiCo's core EPS payout ratio is positioned to remain in the mid-60% range in 2023. Led by legendary brands, the consumer staple conglomerate's net revenue and core EPS surged higher by double digits through the first half of this year. The company's profits can service its debt effortlessly.
Which way is the stock market headed? It is difficult to say at this point.
PepsiCo shares look attractive today. Walmart's cash flow is strong.
PepsiCo (PEP) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Instacart is moving ahead with an initial public offering, disclosing net income of $242 million for the first half of the year. Katie Roof reports on "Bloomberg Markets: The Close.
Instacart took another step toward an IPO Friday by filing a prospectus with the SEC. The company outlined its business as well as a plan to sell $175 million in shares to PepsiCo. Instacart has reportedly considered going public multiple times in the past few years.
PepsiCo (PEP) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
PepsiCo only captures 35.6% of the total market share, so there is ample room for improvement. Pepsi has consecutively raised their dividend payments for 51 years! PepsiCo's upgraded revenue and EPS projections indicate a promising future.
PepsiCo has shown strong revenue growth, with a $7 billion increase in revenue in the past year. Net income for PEP has increased, with a positive sign in the second quarter of 2023. The Company has had a history of increasing dividends for the past 50 years, but the dividend payout ratio has increased in recent years.