PepsiCo stock barely moved 0.97% to close at $137.01 on the stock market today, breaking a streak of 3 sessions in negative. Sales in the unit rose 4% in the fourth quarter. PepsiCo (PEP) stock price prediction is 237.619 USD. All quotes delayed a minimum of 15 minutes. Net revenue rose 5.7% to $20.64 billion in the fourth quarter, beating the estimate of $20.27 billion. 14 brokers have issued 1 year price targets for PepsiCo's stock. “We’ve seen the consumer continue to go back to our classics... Doritos and Cheetos and Tostitos,” Laguarta told analysts. “PepsiCo typically starts the year with conservative guidance, setting up for modest beats and raises,” Evercore ISI analyst Robert Ottenstein said. See here for a complete list of exchanges and delays. View analysts' price targets for PepsiCo. (Reuters) - PepsiCo Inc PEP.O reported quarterly revenue and earnings ahead of market expectations on Thursday, driven by demand for its healthy snacks, trademark sodas and Gatorade energy drinks, but its conservative 2020 outlook sent shares lower.

On average, they expect PepsiCo's share price to reach $144.40 in the next twelve months. Analysts said the cautious forecasts should come as no surprise. Find real-time PEP - PepsiCo Inc stock quotes, company profile, news and forecasts from CNN Business. It sees organic revenue up 4% this year after a 4.5% rise in 2019. also beat forecasts on growing demand for its trademark soda. It sees organic revenue up 4% this year after a 4.5% rise in 2019.
Johnston said the coronavirus outbreak would have little impact on its business in China, which accounts for less than 2% of the group’s worldwide sales and added that five of PepsiCo’s six plants in China were already open. Chief Executive Ramon Laguarta has been largely focusing on new launches, which include healthy snacks and beverages, and higher investments in marketing to drive sales. Our Standards: The Thomson Reuters Trust Principles. Sugary drinks and salty snacks have been shunned for long on health concerns, but smaller soda servings and greater choice of healthy on-the-go snacks have rejuvenated that demand. Reporting by Nivedita Balu in Bengaluru; Editing by Tomasz Janowski. Their forecasts range from $130.00 to $169.00. Last Thursday, PepsiCo released its Q3 financial report; Morgan Stanley, Truist and UBS Group posted neutral ratings for PepsiCo last Friday, with an average forecast of $146.33 PepsiCo stock outlook. The PepsiCo stock forecast is … reported quarterly revenue and earnings ahead of market expectations on Thursday, driven by demand for its healthy snacks, trademark sodas and Gatorade energy drinks, but its conservative 2020 outlook sent shares lower. Rival Coca-Cola Co KO.N also beat forecasts on growing demand for its trademark soda. For 2020, PepsiCo forecast core earnings of $5.88 per share, below $5.95 expected by analysts, according to IBES data from Refinitiv. Wall Street Stock Market & Finance report, prediction for the future: You'll find the PepsiCo share forecasts, stock quote and buy / sell signals below.According to present data PepsiCo's PEP shares and potentially its market environment have been in a bullish cycle in the last 12 months (if exists). Organic revenue, which strips out currency and acquisition effects, grew 4.3%. “It gives us the room and the ability to continue to invest back in the business,” Chief Financial Officer told Reuters. The soft drink and snack maker forecast earnings per share would rise 6% in 2020, less than Wall Street had expected and predicted slower organic revenue growth than last year. PepsiCo, Inc. () Stock Market info Recommendations: Buy or sell PepsiCo stock?

This suggests a possible upside of 1.6% from the stock's current price. PepsiCo said its North American beverage unit grew the fastest in four years in 2019, reflecting strong demand for its trademark Pepsi soda and Pepsi Zero Sugar. Snacks sales, under its Frito-Lay North America segment, gained 3%, powered by Lays, Doritos and premium brands such as Bare and Off the Eaten Path. For 2020, PepsiCo forecast core earnings of $5.88 per share, below $5.95 expected by analysts, according to IBES data from Refinitiv. PepsiCo shares were last down 0.7% after dipping as much as nearly 2% in early trade, but its finance chief described the earnings target as a “good, balanced number.”. It earned $1.45 per share on an adjusted basis, a cent above market forecasts.

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