The shares of PepsiCo, Inc. (NASDAQ:PEP) has been pegged with a rating of Outperform by Macquarie in its latest research note that was published on February 19th, 2019. The research company has also assigned a $126 price target. Macquarie wasn’t the only research firm that published a report of PepsiCo, Inc., with other equities research analysts also giving their opinion on the stock. UBS advised investors in its research note published on December 13th, 2018, to Neutral the PEP stock while also putting a $123 price target. The stock had earned Neutral rating from Macquarie when it published its report on October 5th, 2018. The stock was given Outperform rating by Macquarie in its report released on September 28th, 2018, the day when the price target on the stock was placed at $122. Deutsche Bank was of a view that PEP is Hold in its latest report on July 3rd, 2018. Goldman thinks that PEP is worth Sell rating. This was contained in the firm’s report on April 17th, 2018.
Amongst the analysts that rated the stock, 0 have recommended investors to sell it, 13 believe it has the potential for further growth, thus rating it as Hold while 4 advised investors to purchase the stock. The consensus currently stands at a Hold while its average price target is $118.68. The price of the stock the last time has raised by 21.60% from its Week high price while it is raised higher than its 52-Week low price. A look at the stock’s other technical shows that its 14-day RSI now stands at 64.65.
The shares of the company added by 0.54% during the trading session on Wednesday, reaching a low of $115.58 while ending the day at $116.66. During the trading session, a total of 4.55 million shares were traded which represents a 16.34% incline from the average session volume which is 5.44M shares. PEP had ended its last session trading at 116.03. PepsiCo, Inc. currently has a market cap of $163.49B, while its P/E ratio stands at 13.29, while its P/E earnings growth sits at 2.53, with a beta of 0.66. PepsiCo, Inc. debt-to-equity ratio currently stands at 2.23, while its quick ratio hovers at 0.80. PEP 52-week low price stands at $95.94 while its 52-week high price is $122.00.
The company in its last quarterly report recorded $1.49 earnings per share which is below the $1.49 predicted by most analysts. The PepsiCo, Inc. generated $19,524.00 million in revenue during the last quarter, which is slightly higher than the $19,518.80 million predicted by analysts. In the second quarter last year, the firm recorded $1.59 earnings per share. Compared to the same quarter last year, the firm’s revenue was down by -6.71%. PepsiCo, Inc. has the potential to record 8.78 EPS for the current fiscal year, according to equities analysts.
Investment analysts at Buckingham Research published a research note on October 29th, 2018 where it informed investors and clients that GNC Holdings, Inc. (NYSE:GNC) is now rated as Buy. Their price target on the stock stands at $6. UBS also rated GNC as Initiated on December 13th, 2018, with its price target of $64 suggesting that GNC could surge by 40.44% from its current share price. Even though the stock has been trading at $2.72/share, analysts expect it to surge higher by -1.47% to reach $4.50/share. It started the day trading at $2.83 and traded between $2.64 and $2.68 throughout the trading session.
A look at its technical shows that GNC’s 50-day SMA is 2.85 while its 200-day SMA stands at 3.28. The company’s average trading volume currently stands at 1.32M shares, which means that the short-interest ratio is just 13.59 days. Over the past seven days, the company moved, with its shift of -15.72%. Looking further, the stock has dropped -5.96% over the past 90 days while it lost -13.55% over the last six months.
The change in the stock’s fortunes has led to several institutional investors altering their holdings of the stock. Fidelity Management Research Co sold more GNC shares, decreasing its portfolio by -0.04% during the last quarter. This move now sees Fidelity Management Research Co selling -3,098 shares in the last quarter, thus it now holds 7,264,906 shares of GNC, with a total valuation of $22,157,963. BlackRock Fund Advisors meanwhile bought more GNC shares in the recently filed quarter, changing its stake to $17,067,922 worth of shares. The Vanguard Group Inc followed the path by increasing its GNC portfolio by +6.27% in the quarter. This means that The Vanguard Group Inc bought 216,673 shares in the last quarter and now controls 3,670,729 shares of the GNC stock, with the valuation hitting $11,195,723.
Similarly, Pomelo Capital LLC increased its GNC Holdings, Inc. shares by +90.32% during the recently filed quarter. After buying 1,053,532 shares in the last quarter, the firm now controls 2,219,926 shares of GNC Holdings, Inc. which are valued at $6,770,774. In the same vein, SSgA Funds Management Inc increased its GNC Holdings, Inc. shares by during the most recent reported quarter. The firm bought 116,984 shares during the quarter which increased its stakes to 1,702,432 shares and is now valued at $5,192,418. Following these latest developments, around 2.36% of GNC Holdings, Inc. stocks are owned by institutional investors and hedge funds.