PEP trading volume has lost -203843 shares compared to readings over the past three months as it recently exchanged 4966157 shares. This means there is reduced activity from short-term traders as per session, its average trading volume is 5170000 shares, and this is 0.96 times the normal volume. A look at its technical analysis shows that its 14-day Relative Strength Index (RSI) is in a neutral zone after reaching 42.99 point.
PepsiCo, Inc. (NASDAQ:PEP) dipped by -1.18% over the past three months which led to its overall six-month increase to stand at 1.48%. The equity price rose 0.97% this week, a trend that has led to both investors and traders taking note of the stock. A look at its monthly performance shows that its shares have recorded a -6.77% fall over the past 30 days. Over the past 12 months the stock has embarked on a drop that has seen it decline -7.43% and is now down by -7.87% since start of this year.
The shares of PepsiCo, Inc. dropped by -9.82% or -$12.03 from its last recorded high of $122.51 which it attained on January 23 to close at $110.48 per share. Over the past 52 weeks, the shares of PepsiCo, Inc. has been trading as low as $95.94 before witnessing a massive surge by 15.16% or $14.54. This price movement has led to the PEP stock receiving more attention and has become one to watch out for. It jumped by 0.11% on Tuesday and this got the market excited. The stock’s beta now stands at 0.68 and when compared to its 200-day moving average and its 50-day moving average, PEP price stands 0.72% above and -3.19% below respectively. Its average daily volatility for this week is 2.93% which is more than the 2.61% recorded over the past month.
Experts from research firms are bullish about the near-term performance of PepsiCo, Inc. (PEP) with most of them predicting a $116.4 price target on a short-term (12 months) basis. The average price target by the analysts will see a 5.36% rise in the stock and would lead to PEP’s market cap to surge to $169.94B. The stock has been rated an average 2.5, which roughly stands towards the bearish end of the spectrum. Reuters looked into the 24 analysts that track PepsiCo, Inc. (NASDAQ:PEP) and find out that 14 of them rated it as a Hold. 9 of the 10 analysts rated it as a Buy or a Strong Buy while 1 advised investors to desist from buying the stock or sell it if they already possess it.
The price of US Foods Holding Corp. (NYSE:USFD) currently stands at $31.64 after it went up by $0.46 or 1.48% and has found a strong support at $31.18 a share. If the USFD price drops below that critical support, then it would lead to a bearish trend. In the short-term, a dip below the $30.73 mark would also be bad for the stock as it means that the stock would plunge by 2.88% from its current position. However, if the stock price is able to trade above the resistance point around $31.91, then it could likely surge higher to try and break the upward resistance which stands at $32.19 a share. Its average daily volatility over the past one month stands at 2.59%. The stock has plunged by 2.02% from its 52-weeks high of $31 which it reached on Jul. 27, 2018. In general, it is 13.05% above its 52-weeks lowest point which stands at $27.51 and this setback was observed on May. 11, 2018.
Analysts have predicted a price target for US Foods Holding Corp. (USFD) for 1 year and it stands at an average $37.03/share. This means that it would likely increase by 17.04% from its current position. The current price of the stock has been moving between $31 and $31.7325. Some brokerage firms have a lower target for the stock than the average, with one of them setting a price target as low as $30.5. On the other hand, one analyst is super bullish about the price, setting a target as high as $45.
The USFD stock Stochastic Oscillator (%D) is at 47.1%, which means that it is currently neutral. The shares P/S ratio stands at 0.29 which compares to the 1.1 recorded by the industry or the 5.88 by the wider sector. The stock currently has an estimated price-earnings (P/E) multiple of 14.35, which is lower than the 17.75 multiple of 12-month price-earnings (P/E). The company’s earnings have gone up, with a quarterly increase rate of 47.7% over the past five years.
Analysts view US Foods Holding Corp. (NYSE:USFD) as a Hold, with 2.1 consensus rating. Reuters surveyed 16 analysts that follow USFD and found that 6 of those analysts rated the stock as a Hold. The remaining 10 were divided, with 10 analyst rating it as a Buy or a Strong Buy while 0 analysts advised investors to desist from buying US Foods Holding Corp. (USFD) shares or sell it if they already own it.