Keurig Dr Pepper Inc. (NASDAQ:KDP – Get Free Report) has received an average rating of “Moderate Buy” from the fifteen analysts that are presently covering the stock, MarketBeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokerages that have issued a report on the stock in the last year is $36.50.
Several analysts recently weighed in on KDP shares. UBS Group raised their price objective on Keurig Dr Pepper from $39.00 to $40.00 and gave the company a “buy” rating in a research note on Monday, June 10th. Wells Fargo & Company lifted their price target on shares of Keurig Dr Pepper from $39.00 to $41.00 and gave the company an “overweight” rating in a report on Wednesday, June 5th. BNP Paribas assumed coverage on shares of Keurig Dr Pepper in a research report on Monday, June 24th. They set a “neutral” rating and a $36.00 price objective for the company. Truist Financial upgraded shares of Keurig Dr Pepper from a “sell” rating to a “hold” rating and raised their target price for the company from $27.00 to $34.00 in a research report on Monday, June 17th. Finally, Evercore ISI upgraded shares of Keurig Dr Pepper to a “hold” rating in a report on Thursday, September 5th.
Get Our Latest Stock Report on KDP
Institutional Trading of Keurig Dr Pepper
Keurig Dr Pepper Stock Up 1.5 %
NASDAQ KDP opened at $37.61 on Friday. The company has a current ratio of 0.51, a quick ratio of 0.34 and a debt-to-equity ratio of 0.50. The company has a market cap of $51.00 billion, a price-to-earnings ratio of 24.26, a PEG ratio of 2.79 and a beta of 0.62. The company has a 50 day moving average of $34.85 and a 200-day moving average of $33.16. Keurig Dr Pepper has a 1-year low of $27.66 and a 1-year high of $37.69.
Keurig Dr Pepper (NASDAQ:KDP – Get Free Report) last posted its quarterly earnings results on Thursday, July 25th. The company reported $0.45 EPS for the quarter, meeting analysts’ consensus estimates of $0.45. The business had revenue of $3.92 billion during the quarter, compared to the consensus estimate of $3.91 billion. Keurig Dr Pepper had a return on equity of 10.32% and a net margin of 14.47%. Keurig Dr Pepper’s revenue for the quarter was up 3.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.42 earnings per share. On average, equities research analysts expect that Keurig Dr Pepper will post 1.92 earnings per share for the current fiscal year.
Keurig Dr Pepper Increases Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 11th. Stockholders of record on Friday, September 27th will be given a dividend of $0.23 per share. This represents a $0.92 dividend on an annualized basis and a dividend yield of 2.45%. This is a boost from Keurig Dr Pepper’s previous quarterly dividend of $0.22. Keurig Dr Pepper’s dividend payout ratio is 55.48%.
Keurig Dr Pepper Company Profile
Keurig Dr Pepper Inc owns, manufactures, and distributors beverages and single serve brewing systems in the United States and internationally. It operates through three segments: U.S. Refreshment Beverages, U.S. Coffee, and International. The U.S. Refreshment Beverages segment manufactures and distributes branded concentrates, syrup, and finished beverages.
See Also
- Five stocks we like better than Keurig Dr Pepper
- Overbought Stocks Explained: Should You Trade Them?
- Powering Your Portfolio: The Utility Sector’s Electrifying Surge
- Industrial Products Stocks Investing
- Adobe Stock Builds Long-Term Value: Consider Buying on the Dip
- 3 Stocks to Consider Buying in October
- Albemarle Jumps as Lithium Stock Buying Frenzy Takes Off
Receive News & Ratings for Keurig Dr Pepper Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Keurig Dr Pepper and related companies with MarketBeat.com's FREE daily email newsletter.