With 48.69 million shares changed hands, the volume of the stock remained heavier than its average volume of 15.68 million shares. The 52-week range on KDP shows that it touched its highest point at $38.28 and its lowest point at $30.12 during that stretch. It currently has a 1-year price target of $39.06. With its current market cap of 46.79 billion, KDP has annualized dividend of $0.91 while the current yield stands at 2.63%. Beta for the stock currently stands at 0.52.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of KDP was up-trending over the past week, with a rise of 1.20%, but this was down by -3.31% over a month. Three-month performance surged to 5.87% while six-month performance rose 4.43%. The stock gained 3.33% in the past year, while it has gained 7.25% so far this year. A look at the trailing 12-month EPS for KDP yields 1.10 with Next year EPS estimates of 2.17. For the next quarter, that number is 0.49. This implies an EPS growth rate of 6.12% for this year and 6.64% for next year. EPS is expected to grow by 6.38% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 3.57%.
Float and Shares Shorts:
At present, 1.36 billion KDP shares are outstanding with a float of 1.21 billion shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for KDP since 11 analysts follow the stock currently. There are 7 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 4 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.94727 being high and $1.88788 being low. For KDP, this leads to a yearly average estimate of $1.91506. Based on analyst estimates, the high estimate for the next quarter is $0.56 and the low estimate is $0.51. The average estimate for the next quarter is thus $0.54.
