|Bid||114.50 x 800|
|Ask||116.00 x 1100|
|Day's range||114.83 - 115.52|
|52-week range||95.94 - 122.51|
|PE ratio (TTM)||35.79|
|Earnings date||2 Oct 2018|
|Forward dividend & yield||3.71 (3.24%)|
|1y target est||118.00|
As of September 19, Coca-Cola (KO) and Monster Beverage (MNST) were rated a “buy” by a majority of analysts covering the stocks. PepsiCo (PEP) and Dr Pepper Snapple (DPS) had consensus “hold” ratings. PepsiCo has a “buy” recommendation from 40% of the 25 analysts covering the stock.
As of September 19, Coca-Cola (KO), PepsiCo (PEP), and Monster Beverage (MNST) were trading at 12-month forward PE ratios of 21.5x, 19.5x, and 32.3x, respectively. These nonalcoholic beverage stocks are trading at a premium compared to the S&P 500’s forward valuation multiple of 17.4x.
Do Analysts See Potential in Major Nonalcoholic Beverage Stocks? Margins of consumer stocks Coca-Cola (KO), PepsiCo (PEP), and Monster Beverage (MNST) have been under pressure due to rising input costs for aluminum and higher freight costs from a shortage of truck drivers. Its operating margin rose to 30.5% in the second quarter of 2018 from 21% in the second quarter of 2017 as lower charges were recorded year-over-year.
Do Analysts See Potential in Major Nonalcoholic Beverage Stocks? Monster Beverage’s (MNST) second-quarter sales lagged analysts’ estimate. Monster Beverage’s second-quarter sales rose 12% to $1.02 billion, driven by strong sales of its Monster Energy drinks division.
Do Analysts See Potential in Major Nonalcoholic Beverage Stocks? Dr Pepper Snapple merged with Keurig Green Mountain to form Keurig Dr Pepper (KDP). On September 18, Coca-Cola (KO) announced the acquisition of kombucha maker Organic & Raw Trading Company.
Coca-Cola (KO) stock has risen 0.2% YTD (year-to-date) as of September 19, while PepsiCo (PEP) and Monster Beverage (MNST) have fallen 5.1% and 6.3%, respectively.
Lately, Coca-Cola (KO) has been aggressively making acquisitions. After announcing the $5.1 billion acquisition of Costa in August and the purchase of a minority stake in BodyArmor, Coca-Cola announced the acquisition of kombucha maker Organic & Raw Trading on September 18.
PepsiCO (PEP) rallies despite industry headwinds, including a shift to healthier drinks and higher costs. The company's snacking portfolio and innovation pipeline shows potential for further growth.
These experimental partnerships and investments are becoming a means of driving long-term growth in an often stagnant industry.
Companies nervous about getting pulled into the increasingly political NFL conversation should take a stand one way or the other, one ad executive says. Otherwise, they risk becoming irrelevant.
PepsiCo (PEP) has an impressive earnings surprise history and currently possesses the right combination of the two key ingredients for a likely beat in its next quarterly report.
Following PepsiCo's announcement of acquiring SodaStream and Coca-Cola eying Moxie, it can be said that major soft beverage manufacturers are aggressively expanding their portfolio.
PepsiCo (PEP) investors started out Monday feeling bubbly about the company's decision to buy Israeli seltzer-machine company SodaStream International (SODA) for $3.2 billion. Pepsi is paying too much for a fizzy water brand that's fighting for market share against several other major brands—including some owned by Pepsi itself. Pepsi has been on an increasingly frantic quest to fix its North American beverage business, the largest division in the company, in which operating profits dropped 16% in the most recent quarter.
NEW YORK, Aug. 22, 2018-- The following statement is being issued by Levi & Korsinsky, LLP:. Levi & Korsinsky, LLP announces that investigations have commenced on behalf of shareholders of the following ...