There has been a variety of insights and updates surrounding PepsiCo. The company registered a fall, which was more significant than the market downturn. However, they have continued to increase their dividend to $1.36, remaining a Dividend Aristocrat. PepsiCo's shares have seen an uptick of 2.6% since the last earnings report; speculations are rife whether the trend will continue. The Beverage giant is also increasing its sustainability efforts, tripling its electric vehicle fleet in California.
Analysts are offering a Moderate Buy recommendation on the company's stock. One of the moves highlighting their commitment to environment-friendly initiatives is the addition of 75 Ford E-transits to their fleet, alongside the Tesla Semi Trucks.
After beating the estimates for Q1 earnings, some are questioning whether the stock is poised for further growth. Their productivity and cost-saving measures have been received well. However, the projection is not entirely positive as the company has faced stock losses and market gains simultaneously. PepsiCo's Quarterly Dividend is attracting investors, with international growth touted as the driving force behind their sales estimate beat.
Pepsico PEP News Analytics from Tue, 10 Oct 2023 07:00:00 GMT to Thu, 23 May 2024 21:45:09 GMT - Rating 2 - Innovation -4 - Information 7 - Rumor -1
