|Bid||156.71 x 1000|
|Ask||157.16 x 1200|
|Day's range||155.24 - 157.79|
|52-week range||128.32 - 157.79|
|Beta (5Y monthly)||0.61|
|PE ratio (TTM)||29.10|
|Earnings date||29 Sept 2021 - 04 Oct 2021|
|Forward dividend & yield||4.30 (2.88%)|
|Ex-dividend date||03 Jun 2021|
|1y target est||154.92|
This week, Coca-Cola (NYSE: KO) reported a sharp sales recovery thanks to waning demand pressure from the pandemic. The boost put the beverage titan back into record market share territory after about a year of declines. CEO James Quincey and his team also lifted their outlook for the rest of 2021 while warning about continued COVID-19-related risks in several major markets.
PepsiCo has recently announced a 5% increase of quarterly dividend payments to US$1.075 per share, and we want to know if this is sustainable in the long run.
Investors found plenty to like about the latest earnings report from PepsiCo (NASDAQ: PEP). Sales growth is accelerating, market share is up, and a revamped cost-cutting program promises to push margins higher over the next few years. In a conference call with investors, CEO Ramon Laguarta and his team explained why they believe they can keep winning market share from Coca-Cola (NYSE: KO) and from rivals in the snack and packaged foods niches in 2021 and beyond.