Stock Update: PepsiCo Inc (NYSE:PEP) – PepsiCo to Present at the Consumer Analyst Group of New York Conference

[PR Newswire] – PURCHASE, N.Y., Jan. 28, 2016 /PRNewswire/ — PepsiCo, Inc. (NYSE: PEP) today announced that Indra Nooyi, Chairman and Chief Executive Officer and Hugh Johnston, Vice Chairman and Chief Financial Officer … Read more on this. Pepsico, Inc. (PEP) , currently valued at $141.97B, started the session at $96.43. Looking at the equity, the company’s one day range is $96.08 to $97.90 with a one year range of $76.48 to $103.44. PEP shares are currently priced at 20.99x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 35.24x earnings multiple for the same period. The company pays shareholders $2.81 per share annually in dividends, yielding 2.93%. According to a consensus of 22 analysts, the earnings estimate of $1.06 per share would be $0.06 worse than the year-ago quarter and a $0.00 sequential decrease. The full-year EPS estimate is $4.57 which would be a $0.06 worse than last year’s full-year earnings. The quarterly earnings estimate is predicated on a consensus revenue forecast of $18.54 Billion. If reported, that would be a 7.07% decrease over the year-ago quarter. Recently, Nomura upgraded PEP from Reduce to Neutral (Nov 23, 2015). Previously, Sterne Agee CRT Initiated PEP at to Buy. With the above information in mind, readers should note that the average price target is $105.52, which is 9.43% above where the stock opened this morning. See more in (NYSE:PEP) Similar Articles: Company Update: PepsiCo Inc (NYSE:PEP) – PepsiCo’s Doritos Brand Reveals Final Three Consumer-Created "Crash The Super Bowl" Ads Vying For $1 Million Grand Prize, Super Bowl 50 Airtime And Exclusive Opportunity With Warner Bros. Pictures, DC Entertainment And Director Zack Snyder Stock Update (NYSE:PEP): PepsiCo and Frito-Lay mobilize Massive volunteer Manpower in United Way ‘Day of Caring’ Event Stock Update (NYSE:PEP): PepsiCo to Present at the Barclays Back-to-School Consumer Conference