What's Happening with PEP
PepsiCo, Inc. (PEP) is scheduled to report Quarter 2 numbers before the market open on July 13. Analysts forecast earnings of $1.21 per share for the quarter. During the same period last year the company earned $1.14, and the stock is down -1.6% on the year.
Technical Analysis
PEP was recently trading at $134.46 down $12.74 from its 12-month high and $33.04 above its 12-month low. InvestorsObserver gives PEP a 67 long-term technical score and a 66 short-term technical score. The stock has recent support above $129.56 and recent resistance below $134.13. Of the 15 analysts who cover the stock 8 rate it Strong Buy, 2 rate it Buy, 5 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, PEP gets an overall score of 53 from InvestorsObserver.
Analysts' Thoughts
PEP has shown annual earnings growth of 5.28% over the last five years, and looking ahead analysts expect the company to grow profits 5.56% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.21 EPS. PEP is currently trading at $134.46 with an average price target of $144.29.