文章核心观点 - PepsiCo(PEP)最近公布了Q2财报,收入低于预期,但利润超出预期 [2] - PepsiCo面临着销量下降,但价格持续上涨 [2] - 尽管PepsiCo Q2业绩参差不齐,但其股价仍有进一步上涨的空间 [2] 公司业绩表现 - PEP股价从2021年初的150美元涨至目前约165美元,涨幅10%,但远低于同期S&P 500指数50%的涨幅 [3] - PEP股价在2021年涨17%,2022年涨4%,2023年下跌6%,表现不如S&P 500指数 [3] - 近年来,即使是大型消费品公司如沃尔玛、宝洁、好市多,以及科技巨头谷歌、特斯拉、微软,也很难持续战胜S&P 500指数 [4] - 相比之下,Trefis高质量投资组合在同期内每年都战胜了S&P 500指数,因为其提供了更好的收益和较低的风险 [4] 公司财务表现 - PepsiCo Q2收入为225亿美元,有机增长2%,主要由5%的价格上涨抵消了3%的销量下降 [6] - 除Quaker Foods部门外,其他各部门有机销售额均有所上升 [6] - Quaker Foods部门受到回收事件影响,Q2销售额下降18%,利润下降34% [6] - 但公司整体营业利润增长11%,核心营业利润率扩大103个基点,带动净利润增长9%至2.28美元/股 [6] 未来展望 - 公司预计全年收入有机增长4%,调整后每股收益至少增长8%(按固定汇率计算) [7] - 但宏观经济环境充满挑战,高通胀可能抑制消费需求,持续提价可能不是长久之计 [7] - 公司正在探索推出更小更高毛利的产品包装,这在最近有所帮助 [7]

Pepsi's yield and earnings multiple are compelling for value investors.PepsiCo (PEP 0.55%) reported earnings for its fiscal 2024's second-quarter last Thursday morning. While the stock initially sold off, it recovered as the day progressed and was up 1.5% on Friday.Still, Pepsi remains down year to date despite significant gains in the major indexes. Read on to learn about some of the challenges impacting the business and why the dividend stock is worth buying anyway. Pepsi's in a picklePepsi has done a mas ...

Fotoatelie PepsiCo Inc (NASDAQ:PEP) reported Q2 earnings on the 11th of July, and the results were lackluster. Management repeatedly pointed to the role inflation now plays with price conscious consumers. Compelled by rising logistics and input costs, PEP raised prices over the last few years. In a very real sense, that resulted in the company and shareholders paying the price that consumers are unwilling to shoulder. However, there are positive developments on the horizon, and with inflation up and the ...

imagedepotpro June is a wonderful dividend paying month. About 50% of all companies choose the quarterly payment schedule of March, June, September and December. My Rose's Income Garden "RIG" portfolio had 48% pay in June, which included 5 raises without consideration of the 9 monthly payers. The raises varied from a low of 2.9% from Southern Company (SO) to 7.1% from PepsiCo (PEP). This is a quick and easy overview of those 5 companies and their raises. I will include my Rose take on each along with a ...

16 July 2024, Brussels - Oslo: PepsiCo Europe and Yara announced today a long-term partnership in Europe aimed at providing farmers with crop nutrition programs to help decarbonize the food value chain. As part of the partnership, which spans multiple countries, participating PepsiCo Europe farmers will be equipped with best-in-class crop nutrition products and advice as well as precision farming digital tools. This will allow them to increase nutrient use efficiency (NUE), boost yields and reduce the carbo ...

Did you analyze how PepsiCo (PEP) fared in its international operations for the quarter ending June 2024? Given the widespread global presence of this food and beverage company, scrutinizing the trends in international revenues becomes imperative to assess its financial strength and future growth possibilities.In the current era of a tightly interconnected global economy, the proficiency of a company to penetrate international markets significantly influences its financial health and trajectory of growth. F ...

文章核心观点 - PepsiCo是一家拥有超过20个十亿美元品牌的大型食品和饮料公司,其业务模式简单易懂,产品广受消费者喜爱 [2] - 公司拥有稳定的收入和利润增长,连续52年增加派息,是备受尊敬的"股息贵族"企业 [3][4] - 公司未来3年预计每股收益将以10%的年复合增长率增长,但分析师认为这一预期过于乐观,7%左右的增长更为合理 [5][6] - 公司财务状况良好,盈利能力强,但资产负债表相对较弱,存在一些风险因素 [7] - 公司股票估值较低,可能存在14%的潜在上涨空间 [8] 公司概况 - PepsiCo是一家总市值2260亿美元的跨国食品和饮料公司,在全球拥有300,000多名员工 [2] - 公司业务分为7个板块,其中北美饮料和薯片业务占比最大,合计占57%的收入 [2] - 公司在全球范围内销售各类饮料和休闲食品,是一家典型的大众消费品公司 [2] 财务表现 - 过去10年,公司营收从667亿美元增长到915亿美元,年复合增长率为3.6% [5] - 同期每股收益从4.27美元增长到6.56美元,年复合增长率为4.9%,使用核心每股收益则增长率达6.7% [5] - 公司股息增长速度高于业务增长,过去10年股息年复合增长率达8.1% [4] - 分析师预计未来3年每股收益将以10%的年复合增长率增长,但公司自身指引为6.8%左右 [5][6] 财务状况 - 公司资产负债率较高,长期债务/权益比为2,但利息覆盖率良好 [7] - 过去5年平均净资产收益率为56.9%,净利润率为11.2%,资本回报能力较强 [7] - 公司面临一些风险,如监管、诉讼、竞争、健康饮食趋势等,但整体风险状况尚可 [7] 估值分析 - 公司当前市盈率为24.6,低于过去5年平均水平,股息收益率也高于历史平均 [8] - 根据股息折现模型分析,公司合理价值为193.31美元,较当前价格有14%的上涨空间 [8] - 权威分析机构Morningstar和CFRA也给予公司4星评级,目标价分别为176美元和200美元 [8]

The market is looking past a couple of key details about last quarter and the remainder of the year.There's no skirting the fact that beverage and snack producer PepsiCo (PEP 1.48%) missed the mark last quarter. Although earnings rolled in better than expected, sales fell short of estimates.Revenue guidance for the remainder of the year was lackluster as well. Shares initially fell in response to Thursday morning's release of the news.But there's a reason PepsiCo stock was bouncing back later that very day: ...

Loading...Loading...PepsiCo Inc PEP reported worse-than-expected second-quarter FY24 revenue on Thursday.The company reported second-quarter sales growth of 0.8% year-on-year to $22.501 billion, missing the analyst consensus estimate of $22.599 billion. Adjusted EPS of $2.28 beat the consensus estimate of $2.16, according to data from Benzinga Pro.Chairman and CEO Ramon Laguarta, said, "During the second quarter, our business delivered net revenue growth, strong gross and operating margin expansion and doub ...

PepsiCo NASDAQ: PEP is one of the world's most well-known consumer staples companies. The firm reported Q2 2024 financial results on Jun. 11, 2024. Let’s first understand Pepsi’s operations and then compare these results to estimates. We’ll then examine the market reaction and provide some outlook.Get PepsiCo alerts:PepsiCo’s Diverse Segments and BrandsPepsiCo TodayPEPPepsiCo$166.49 +2.54 (+1.55%) 52-Week Range$155.83▼$192.38Dividend Yield3.26%P/E Ratio25.04Price Target$186.00Add to WatchlistDespite being g ...