KDP stock: buy or sell
Apr 22nd, 2021
KDP stock brief
- After making new highs on Wednesday, Keurig Dr Pepper closed at $36.31 barely moving a 0.39%
- It's been 5 consecutive sessions in green for Keurig Dr Pepper, gaining a 1.34%
- Keurig Dr Pepper is presenting its earnings report on Monday
- Deutsche Bank Aktiengesellschaft posted a hold rating for Keurig Dr Pepper on Wednesday, with a forecast of $33.00
- Keurig Dr Pepper Inc. operates as a beverage company in the United States and internationally.
Should I buy Keurig Dr Pepper stock?
All successful traders recommend adhering to a trading strategy and not make decisions based on subjective opinions, rumors or feelings. Trading strategies are meant for helping you in the decision process of what stocks to pick and when is the best moment to buy them. At Stocks2.com, we like to use very simple but trusted and powerful trend following trading strategies. Simple things usually work the best
Is $KDP stock a buy?
Currently, Keurig Dr Pepper stock doesn't match any of these trading strategies, so our recommendation is not to buy now. This doesn't mean $KDP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell Keurig Dr Pepper stock?
How to know when is it time to sell Keurig Dr Pepper stock?. Trading strategies give us the ability us to avoid impetuous decisions based on our sentiments or the noise surrounding the market. When selling, as well as buying, detailed setups are very simple to follow but are only applicable for selling shares you already own, not for selling short $KDP stock
As a golden rule, you should never mantain an investment that yields greater losses than those expected upon purchase. The timing to sell your stock should always be ruled by the stop-loss (automatic or manual)
Is it time to sell Keurig Dr Pepper stock?
Currently, Keurig Dr Pepper stock doesn't match any of our preferred sell setups, so if you hold Keurig Dr Pepper stock and your operation is in profit probably is not time to sell now
Keurig Dr Pepper ratings
In the last 30 days, 2 brokerage ratings were published for Keurig Dr Pepper
|Mar 25th, 2021|
|JPMorgan Chase & Co.||Neutral → Buy|
|Apr 21st, 2021|
|Deutsche Bank Aktiengesellschaft||Neutral|
Keurig Dr Pepper stock analysis
Since in October 2020, Keurig Dr Pepper has been drawing an uptrend that so far marked an amazing 37.38%. The price action shows rising tops and bottoms, and along the way provided very few buy points for those who wanted to trade in. Latest low was last February, when price bounced at $30.15. Keurig Dr Pepper broke out above $33.55 (its last top) in mid-March. That breakout was a good buy point
$KDP at All-time Highs
On Wednesday, Keurig Dr Pepper marked all-time highs (ATH) again at $36.45. Stock cracked new all-time highs 7 times in the last 10 sessions
Supports and resistances
Price is at highs and there are not upper resistance levels.
The current supports are:
The price is moving very close to the upper Bollinger band, indicating some level of overbought in recent sessions. This is not a sell point, as price can move in these levels for many days and weeks
Relative strength index
Climbed above the overbought line Wednesday, marking a value of 74.42. The fact that the value is in the overvalued zone does not in any way imply a sell signal, as stocks can be above the level of 70 for many, many weeks and may continue to climb
Keurig Dr Pepper stock price history
Keurig Dr Pepper went public priced at an adjusted price1 of $3.03 on May 2008. Since then, KDP stock has risen by 1,098.35%, with an average of 91.53% per year. An investment of thousand dollars at that time would be valued $11,983.50 nowadays.
1: Adjusted price after possible price splits or reverse-splits
Price target for Keurig Dr Pepper stock
Nobody can predict how much a share will be priced tomorrow. However, many stock price forecasts are published every day by banks, financial institutions and independent analysts.
Along with buy or sell recommendations, brokerage institutions post their price target based on the stock price action and the company fundamental data. Most of these estimates follow the publication of new fundamental data by the company, and usually. Again, these predictions are not direct recommendations for individual traders and must not be followed blindly.
Averaging all price targets exposed below, the estimated price for Keurig Dr Pepper stock is $36.00. That is a 0.85% than the last price ($36.31).
|Brokerage firm||Price target|
|Mar 25th, 2021|
|JPMorgan Chase & Co.||$33.00 → $39.00|
|Apr 21st, 2021|
|Deutsche Bank Aktiengesellschaft||$32.00 → $33.00|
Earnings and financials
KDP ($KDP) will host the Q1 earnings call on Monday. Expected for this quarter is $0.31, compared to $0.39 that was reported for Q4.
If you hold or you are considering buying KDP stock, be vigilant as the earnings reporting day usually has a higher than usual volatility, and price can gap up or down with exceptionally low liquidity and not respecting your buy or stop-loss orders. Keurig Dr Pepper's website probably has further information.
Earnings call was hosted by Keurig Dr Pepper ($KDP) last February after posting the financial report. Experts were correct in their projections on Keurig Dr Pepper's that announced $0.39 per share. Similarly, reported sales of $3.1 billion were in line with market forecasts.This compares to Earnings of $0.35 per share same quarter last year, so posted EPS means an improvement of 11.43%. Revenue inched a 6.37% on an annualized basis in the , from $29.3B to $31.2B last quarter.
Keurig Dr Pepper performance
|Keurig Dr Pepper ($KDP)||4.60%||14.10%||24.30%|
Disclaimer:The opinions contained in this post are personal and should not be followed as recommendations for you to buy or sell shares. The author of this article does not have an understanding of the specific situations of the reader, his or her own finances or his or her own best interests at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are published for general educational motives only
|Wednesday, April 21st, 2021|
|Day range||$36.09 - $36.45|
|Average true range||$0.51|
|50d mov avg||$33.36|
|100d mov avg||$32.25|
|200d mov avg||$30.50|
|Earnings date||April 26th, 2021|