PepsiCo stock: buy or sell
Updated on:
Jul 29th, 2021
2
PepsiCo stock brief
- After hitting new highs on Tuesday, PepsiCo closed at $156.49 barely changing a -0.92%
- PepsiCo, Inc. operates as a food and beverage company worldwide.
Should I buy PepsiCo 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 $PEP stock a buy?
In the current situation of PepsiCo there is not any eligible buy setup. This doesn't mean $PEP will slide in coming sessions, or it will not rise higher. Simply, it doesn't match our recommended trading systems
Should I sell PepsiCo stock?
Do you know when is it time to sell PepsiCo stock?. Just as when we have to buy shares, deciding when is appropiate to sell is not a whimsy decision, and we must follow our own trading style. When selling, as well as buying, our strategies are very simple to use and are only valid for selling shares you already own, not for selling short $PEP stock
As a golden rule, you should not keep an open trade that leads to higher than expected losses by the time of purchase. When to sell your stock always has to be determined by the stop-loss (automatic or manual)
Is it time to sell PepsiCo stock?
In the current situation of PepsiCo there is not any eligible sell setup, so PepsiCo stock holders with operations in green can keep their positions
PepsiCo ratings
In the last 30 days we couldn't find any rating for PepsiCo
PepsiCo stock analysis
PepsiCo shares started an uptrend last February, and gained a gorgeous 23.58%. During this uptrend, the price provided some buy points on the breakouts. Latest low was in late June, when price bounced at $144.61. In late June, PepsiCo broke out above its last top ($146.73) offering a good entry point
$PEP at new All-time Highs
On Tuesday, PepsiCo reached new all-time highs (ATH) again at $158.66. Stock smashed new all-time highs 4 times in the last 10 sessions
SMAs overview
Supports and resistances
Price is at highs and there are not upper resistance levels.
The current supports are:
Bollinger bands
Since the price surpassed the upper band on July 19, the price corrected downwards by 0.67%. The price is trading very close to the upper Bollinger band, signaling some level of overbought in recent sessions. This is not a bearish indicator, as price can move in these levels for many days and weeks
Relative strength index
After crossing up the line of 70 yesterday, fell back below with a value of 68.83. This is a signal of weakness for the PepsiCo shares and it should tip us off of weakness in the price action
PepsiCo stock price history
PepsiCo went public priced at an adjusted price1 of $0.00 on Jun 1972. Since then, PEP stock surged by -, with an average of 0.00% per year. If you had invested $1,000USD in PepsiCo stock on Jun 1972, it would be valued $inf today.
1: Adjusted price after possible price splits or reverse-splits
Price target for PepsiCo stock
Nobody can predict how much a share will be priced in the future. Banks and financial organisations post their analysis forecasting how a particular stock will performance in the future.
The following table shows the price predictions posted by financial institutions for the last 30 days. Again, these targets are not direct recommendations for individual investors and should not be followed blindly.
In the last 30 days we couldn't find any price target published for PepsiCo stock.
Earnings and financials
On July 13, PepsiCo ($PEP) hosted the shareholders call and presented the report. PepsiCo surpassed analysts estimates and presented of $1.72, that is a 12.42% improvement compared to the previous forecasts of $1.53. In addition, reported revenues were $19.2 billion compared to estimates of $18.0 billion.
Same quarter one year ago, reported EPS was $1.32, so recently posted EPS means a gain of 30.30%. Looking at sales, figures skyrocketed a 20.52% compared to $159.5B same quarter 12 months ago.PepsiCo ($PEP) presents Q4 earnings report next February 2022.
PepsiCo performance
| Company | 1m | 3m | 6m |
|---|---|---|---|
| PepsiCo ($PEP) | 6.10% | 10.90% | 14.50% |
Important:
The comments contained in this article are personal and should not be followed as recommendations for you to buy or sell stocks. The author of this text does not have any knowledge of the individual situations of the reader, his or her own financial statements or what is in his or her best interest at any given time. All users should speak with their financial advisor before buying or selling any securities Opinions are provided for general educational purposes onlyPepsiCo summary
| Wednesday, July 28th, 2021 | |
|---|---|
| Open | $157.6 |
| Close | $156.49 |
| Day range | $155.91 - $157.96 |
| Previous close | $157.94 |
| Session gain | -0.92% |
| Average true range | $2.42 |
| 50d mov avg | $149.13 |
| 100d mov avg | $144.77 |
| 200d mov avg | $141.35 |
| Earnings date | February 9th, 2022 |