Zacks Research Issues Negative Forecast for PepsiCo Earnings

PepsiCo, Inc. (NASDAQ:PEP) – Investment analysts at Zacks Research decreased their Q1 2025 earnings per share (EPS) estimates for PepsiCo in a report released on Tuesday, February 18th. Zacks Research analyst R. Lohia now anticipates that the company will post earnings per share of $1.57 for the quarter, down from their prior forecast of $1.68. The consensus estimate for PepsiCo’s current full-year earnings is $8.31 per share. Zacks Research also issued estimates for PepsiCo’s Q2 2025 earnings at $2.33 EPS, Q3 2025 earnings at $2.43 EPS, Q4 2025 earnings at $1.98 EPS, FY2025 earnings at $8.31 EPS, Q1 2026 earnings at $1.69 EPS, Q2 2026 earnings at $2.48 EPS, Q3 2026 earnings at $2.56 EPS, Q4 2026 earnings at $2.12 EPS, FY2026 earnings at $8.84 EPS and FY2027 earnings at $9.40 EPS.

PepsiCo (NASDAQ:PEP) last posted its quarterly earnings data on Tuesday, February 4th. The company reported $1.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.94 by $0.02. The company had revenue of $27.78 billion during the quarter, compared to analyst estimates of $27.89 billion. PepsiCo had a return on equity of 58.87% and a net margin of 10.43%. The firm’s quarterly revenue was down .2% on a year-over-year basis. During the same quarter last year, the company earned $1.78 earnings per share.

PEP has been the topic of a number of other research reports. StockNews.com downgraded PepsiCo from a “buy” rating to a “hold” rating in a research report on Thursday, February 6th. CICC Research restated a “market perform” rating on shares of PepsiCo in a research report on Friday, February 7th. UBS Group decreased their price objective on PepsiCo from $193.00 to $175.00 and set a “buy” rating on the stock in a report on Thursday, January 16th. TD Cowen decreased their price objective on PepsiCo from $183.00 to $160.00 and set a “hold” rating on the stock in a report on Wednesday, January 8th. Finally, Deutsche Bank Aktiengesellschaft decreased their price objective on PepsiCo from $184.00 to $178.00 and set a “buy” rating on the stock in a report on Wednesday, January 22nd. One equities research analyst has rated the stock with a sell rating, twelve have issued a hold rating and eight have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $171.47.

PepsiCo Trading Up 3.0 %

NASDAQ PEP opened at $153.50 on Thursday. The stock’s 50-day simple moving average is $148.75 and its two-hundred day simple moving average is $162.39. PepsiCo has a twelve month low of $141.51 and a twelve month high of $183.41. The company has a quick ratio of 0.65, a current ratio of 0.82 and a debt-to-equity ratio of 2.05. The company has a market capitalization of $210.53 billion, a price-to-earnings ratio of 22.09, a PEG ratio of 3.02 and a beta of 0.54.

Hedge Funds Weigh In On PepsiCo

A number of hedge funds have recently added to or reduced their stakes in PEP. AMF Tjanstepension AB raised its stake in PepsiCo by 15.8% during the 3rd quarter. AMF Tjanstepension AB now owns 293,824 shares of the company’s stock valued at $50,016,000 after buying an additional 40,031 shares during the last quarter. Swedbank AB increased its stake in shares of PepsiCo by 211.4% in the 3rd quarter. Swedbank AB now owns 2,345,467 shares of the company’s stock worth $398,847,000 after purchasing an additional 1,592,343 shares in the last quarter. Howard Capital Management Group LLC increased its stake in shares of PepsiCo by 2.0% in the 3rd quarter. Howard Capital Management Group LLC now owns 4,568 shares of the company’s stock worth $777,000 after purchasing an additional 90 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of PepsiCo by 3.1% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 207,970 shares of the company’s stock worth $35,365,000 after purchasing an additional 6,334 shares in the last quarter. Finally, Copeland Capital Management LLC purchased a new stake in shares of PepsiCo in the 3rd quarter worth $85,000. 73.07% of the stock is currently owned by hedge funds and other institutional investors.

PepsiCo Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, March 31st. Investors of record on Friday, March 7th will be issued a $1.355 dividend. The ex-dividend date of this dividend is Friday, March 7th. This represents a $5.42 dividend on an annualized basis and a yield of 3.53%. PepsiCo’s payout ratio is currently 77.99%.

About PepsiCo

PepsiCo, Inc engages in the manufacture, marketing, distribution, and sale of various beverages and convenient foods worldwide. The company operates through seven segments: Frito-Lay North America; Quaker Foods North America; PepsiCo Beverages North America; Latin America; Europe; Africa, Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region.