Could PepsiCo, Inc. Lose Strenght? Option Traders Don’t Think So

 Could PepsiCo, Inc. Lose Strenght? Option Traders Don't Think So

In today’s session PepsiCo, Inc. (PEP) registered an unusually high (1,715) contracts volume of call trades. Someone, most probably a professional was a very active buyer of the December, 2016 call, expecting serious PEP increase. With 1,715 contracts traded and 10584 open interest for the Dec, 16 contract, it seems this is a quite bullish bet. The option with symbol: PEP161216C00100000 closed last at: $2.63 or 10.5% down. About 1.48M shares traded hands. PepsiCo, Inc. (NYSE:PEP) has declined 2.79% since April 28, 2016 and is downtrending. It has underperformed by 8.71% the S&P500.

Analysts await PepsiCo, Inc. (NYSE:PEP) to report earnings on February, 9. They expect $1.16 earnings per share, up 9.43% or $0.10 from last year’s $1.06 per share. PEP’s profit will be $1.62 billion for 21.31 P/E if the $1.16 EPS becomes a reality. After $1.40 actual earnings per share reported by PepsiCo, Inc. for the previous quarter, Wall Street now forecasts -17.14% negative EPS growth.

PepsiCo, Inc. (NYSE:PEP) Ratings Coverage

Out of 14 analysts covering PepsiCo (NYSE:PEP), 6 rate it a “Buy”, 0 “Sell”, while 8 “Hold”. This means 43% are positive. $122 is the highest target while $81 is the lowest. The $107.31 average target is 8.53% above today’s ($98.88) stock price. PepsiCo has been the topic of 24 analyst reports since July 21, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by UBS given on Friday, July 8. As per Tuesday, April 19, the company rating was maintained by Barclays Capital. The stock of PepsiCo, Inc. (NYSE:PEP) earned “Buy” rating by Stifel Nicolaus on Wednesday, October 7. Jefferies maintained the stock with “Buy” rating in Friday, September 30 report. The firm has “Buy” rating given on Thursday, August 27 by Vetr. RBC Capital Markets maintained the shares of PEP in a report on Wednesday, October 7 with “Sector Perform” rating. Stifel Nicolaus downgraded the shares of PEP in a report on Thursday, April 14 to “Hold” rating. The rating was maintained by Goldman Sachs with “Neutral” on Wednesday, June 29. The rating was maintained by UBS on Wednesday, October 7 with “Buy”. The firm has “Neutral” rating by Nomura given on Monday, November 23.

According to Zacks Investment Research, “PepsiCo, Inc. consists of: Frito-Lay Company, Pepsi-Cola Company, and Tropicana Products. PepsiCo brands are among the best known and most respected in the world and are available in countries and territories throughout the world. PepsiCo’s success is the result of superior products, high standards of performance, distinctive competitive strategies and the high integrity of its people.”

Insitutional Activity: The institutional sentiment decreased to 0.79 in 2016 Q2. Its down 0.08, from 0.87 in 2016Q1. The ratio is negative, as 40 funds sold all PepsiCo, Inc. shares owned while 737 reduced positions. 75 funds bought stakes while 600 increased positions. They now own 977.04 million shares or 4.41% less from 1.02 billion shares in 2016Q1.
Cleararc Capital reported 51,251 shares or 1.06% of all its holdings. The New York-based Spirit Of America Management has invested 0.14% in PepsiCo, Inc. (NYSE:PEP). Adell Harriman And Carpenter Incorporated has invested 0% of its portfolio in PepsiCo, Inc. (NYSE:PEP). Bremer Tru Natl Association holds 0.24% or 8,108 shares in its portfolio. M&R Cap Inc owns 93,357 shares or 1.92% of their US portfolio. Silvercrest Asset Mngmt Group Limited Liability Com holds 0.28% or 207,310 shares in its portfolio. Vaughan David Invs Il last reported 243,184 shares in the company. Independent Invsts has 1.23% invested in the company for 24,000 shares. First Personal Fin holds 1.27% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 35,220 shares. Cullen Frost Bankers accumulated 0.88% or 224,195 shares. Baker Ellis Asset Management Limited Liability Corp accumulated 1.78% or 53,472 shares. Rothschild Cap Partners Limited Liability Corporation has 69,905 shares for 3.91% of their US portfolio. New England Private Wealth Advsrs reported 3,361 shares or 0.14% of all its holdings. Eagle Asset Mngmt Inc holds 0.6% of its portfolio in PepsiCo, Inc. (NYSE:PEP) for 814,267 shares. Pension Ser, a Korea-based fund reported 785,213 shares.

Insider Transactions: Since July 11, 2016, the stock had 0 insider buys, and 5 sales for $27.68 million net activity. On Tuesday, July 12 the insider Carey Albert P sold $18.50M. Khan Mehmood also sold $5.49 million worth of PepsiCo, Inc. (NYSE:PEP) on Thursday, July 28. Another trade for 3,219 shares valued at $351,236 was made by Narasimhan Laxman on Wednesday, July 13. Laguarta Ramon sold $1.86 million worth of PepsiCo, Inc. (NYSE:PEP) on Monday, July 11. $1.48M worth of PepsiCo, Inc. (NYSE:PEP) shares were sold by Gallagher Marie T..

PepsiCo, Inc. is a food and beverage company. The company has a market cap of $138.44 billion. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. It has a 21.67 P/E ratio. The Firm operates through six divisions, namely, Frito-Lay North America ; Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa.

PEP Company Profile

PepsiCo, Inc., incorporated on November 13, 1986, is a food and beverage company. The Company, through its operations, bottlers, contract manufacturers and other third parties, is engaged in making, marketing, distributing and selling a range of beverages, foods and snacks, serving in over 200 countries and territories. The Firm operates through six divisions, namely, Frito-Lay North America (FLNA); Quaker Foods North America (QFNA); North America Beverages (NAB); Latin America, which includes its beverage, food and snack businesses in Latin America; Europe Sub-Saharan Africa (ESSA), which includes its beverage, food and snack businesses in Europe and Sub-Saharan Africa, and Asia, Middle East and North Africa (AMENA), which includes its beverage, food and snack businesses in Asia, Middle East and North Africa. The Company’s brands include Agusha, Amp Energy, Aquafina, Aquafina Flavorsplash, Aunt Jemima, Cap’n Crunch, Cheetos, Chester’s, Chipsy, Chudo, Cracker Jack, Crunchy, Diet Mountain Dew, Diet Mug, Diet Pepsi, Diet Sierra Mist, Domik v Derevne, Doritos, Duyvis, Elma Chips, Emperador, Frito-Lay, Fritos, Fruktovy Sad, Frustyle, G Series, G2, Gatorade, Grandma’s, Imunele, Izze, Kas, Kurkure, Lay’s, Life, Lifewater, Lubimy, Manzanita Sol, Marias Gamesa, Matutano, Mirinda, Miss Vickie’s, Mother’s, Mountain Dew, Mountain Dew Code Red, Mountain Dew Kickstart, Mug, Munchies, Naked, Near East, O.N.E., Paso de los Toros, Pasta Roni, Pepsi, Pepsi Max, Pepsi Next, Propel, Quaker, Quaker Chewy, Rice-A-Roni, Rold Gold, Rosquinhas Mabel, Ruffles, Sabritas, Sakata, Saladitas, Sandora, Santitas, 7UP (outside the United States) and 7UP Free (outside the United States), Sierra Mist, Simba, Smartfood, Smith’s, Snack a Jacks, SoBe, SoBe Lifewater, SoBe V Water, Sonric’s, Stacy’s, Sting, SunChips, Tonus, Tostitos, Trop 50, Tropicana, Tropicana Farmstand, Tropicana Pure Premium, Tropicana Twister, Vesely Molochnik, Walkers and Ya.

More important recent PepsiCo, Inc. (NYSE:PEP) news were published by: Reuters.com which released: “PepsiCo to buy probiotic drinks maker KeVita” on November 22, 2016, also Forbes.com published article titled: “Ex-Dividend Reminder: PepsiCo, Flowers Foods and Kraft Heinz”, Fool.com published: “Battle of Dividends: McDonald’s Corporation vs. PepsiCo Inc.” on November 18, 2016. More interesting news about PepsiCo, Inc. (NYSE:PEP) was released by: Forbes.com and their article: “July 2017 Options Now Available For PepsiCo (PEP)” with publication date: November 21, 2016.

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