PepsiCo (PEP) Stock

We have just released a list of the 12 Best Defensive Stocks to Buy at the moment. In this article, we will examine how PepsiCo, Inc. (NASDAQ:PEP) compares to other top defensive stocks available for purchase. A significant factor affecting the current market mood is the recent decline in technology stocks, mainly caused by […]

On the most recent trading day, PepsiCo (PEP) closed at $150.69, which is a decrease of 0.8% compared to its last closing price.

PEP's results for the fourth quarter could be affected by low demand in the convenient food market in North America and the consequences of a product recall in the QFNA division.

Instead of just focusing on Wall Street's predictions for PepsiCo's (PEP) earnings, let's explore some important metrics to better understand how the company might perform in the quarter that ends in December 2024. This will give us a clearer picture of its potential success.

These three stocks offer increasing dividends, and their yields are currently at some of the highest levels ever.

In the latest trading session, PepsiCo (PEP) finished at $150.37, showing a slight increase of 0.08% compared to the day before.

After operating for 10 years, the Garza family sold their company, Siete Foods, to PepsiCo for an impressive $1.2 billion. The announcement of the sale was made in October, but the deal was finalized in January.

PepsiCo earns money from both drinks and snacks, which gives it more stability and chances for growth than Coca-Cola. While PepsiCo is reasonably priced, Coca-Cola seems to be overpriced, making PepsiCo a safer and more promising option for investors. Additionally, PepsiCo's strong presence in fast-growing areas like electrolyte drinks and snacks helps ensure better growth in the future.

In the first half of 2023, PepsiCo's share prices reached their highest level ever. However, since then, the stock has declined and is now about 25% lower than that peak.