PepsiCo stock: buy or sell

PEP stock price: $146.98 0.87% At close on Apr 21st, 2021

Updated on:
Apr 22nd, 2021

2

PepsiCo stock brief

  • After hitting new all-time highs on Wednesday, PepsiCo closed at $146.98 slightly moving a 0.87%
  • It's been 5 consecutive sessions in positive for PepsiCo, gaining a 3.28%
  • The price is currently above the upper Bollinger band, which often indicates a short-term correction
  • UBS Group posted a strong positive rating for PepsiCo on Wednesday, with a target of $165.00
  • On April 15, PepsiCo released its Q1 earnings report
  • PepsiCo, Inc. operates as a food and beverage company worldwide.

Should I buy PepsiCo stock?

Even if you are a experienced or a novel trader, best trading results come from using an investing strategy that never leaves to random or subjective opinions when is the best moment to buy or sell stocks. 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?

Currently, PepsiCo stock matches one trading strategy:

ATH buy setup

All-time Highs is always an excellent buy point for those who like to buy high and sell higher. The good point of buying at all-time highs is that shares price doesn't have upper resistances, and usually it scales quickly. However, you must always be aware of a possible bulls trap that may trigger your buy order and then falls sharply. That's why a stop loss is always important. PepsiCo can break to all-time highs any time soon, as it only needs to rise a 0.56%. The buy point is at $147.80 if you want to trade with this strategy. The stop loss would be set at $133.02

Buy setupBuy pointStop lossRisk
ATH buy setup$147.80$133.0210.00%

Should I sell PepsiCo stock?

Knowing when to sell a stock is even harder than knowing when to buy it. Trading strategies help us to avoid impetuous decisions based on our personal emotions or the noise that surrounds the market. We like very simple setups to guide us on when is a good moment to sell a stock. Be aware that these setups are not intended for shorting $PEP stock

As a rule of thumb, you should never keep an investment that results in greater losses than those expected by the time of purchase. The moment to sell shares should always be determined by the stop-loss (automatic or manual)

Is it time to sell PepsiCo stock?

Currently, PepsiCo stock doesn't match any of our preferred sell setups, so if you own PepsiCo shares and your operation is in profit probably is not time to sell now

PepsiCo ratings

In the last 30 days, 8 analyst ratings were published for PepsiCo

PepsiCo analysts' ratings - Last 30 days
Brokerage firmRating
Mar 29th, 2021
Barclays
Apr 1st, 2021
Guggenheim Strong buy
Apr 12th, 2021
Wolfe Research
Apr 16th, 2021
Credit Suisse Group Buy
Deutsche Bank Aktiengesellschaft Neutral
Morgan Stanley Buy
Apr 19th, 2021
Wolfe Research
Apr 21st, 2021
UBS Group NeutralStrong buy

PepsiCo stock analysis

$PEP at Highs

PepsiCo hit all-time highs (ATH) on Wednesday at $147.80, and cleared the field for new highs as there are no further resistances. Previous ATHs were in December 2020

SMAs overview

PEP stock SMAs chart

Supports and resistances

The current resistance levels are:

  • R1: $147.59 (0.42% above)
  • The current support levels are:

  • S1: $141.96 (-3.42% below)
  • S2: $141.90 (-3.46% below)
  • S3: $141.89 (-3.46% below)
  • Bollinger bands

    The current range between the upper and lower bands is 4.47%, indicating that price volatility is at very low levels. The narrowness of the Bollinger bands is often a signal of a sharp price movement (up or down), so we must be cautious and manage our buy or sell orders accordingly

    PEP stock Bollinger Bands chart

    Relative strength index

    Broke through the overbought line Wednesday, marking a reading of 71.8. Breaking through above the overvalued zone is not a sell signal, as stocks can rise during several weeks being above the level of 70

    PEP stock RSI chart

    PepsiCo stock price history

    PepsiCo went public priced at an adjusted price1 of $0.00 on Jun 1972. Since then, PEP stock has risen by -, with an average of 0.00% per year. If you had invested $1,000USD in PepsiCo stock on Jun 1972, it would worth $inf today.

    1: Adjusted price after possible price splits or reverse-splits

    PEP stock price history chart

    Price target for PepsiCo stock

    How much a stock will be priced tomorrow or next week is quite unpredictable. However, many stock price forecasts are posted every day by banks, financial institutions and independent analysts.

    The following table shows the price forecasts released by financial institutions in the last month. Again, these forecasts are not direct recommendations for individual investors and must not be trusted blindly.

    There are 5 price forecasts posted for PepsiCo that average $156.60. PepsiCo closed at $146.98 on Wednesday, that is a 6.14% than the predicted price.

    PepsiCo stock price predictions
    Brokerage firmPrice target
    Mar 29th, 2021
    Barclays $151.00
    Apr 1st, 2021
    Guggenheim Not available
    Apr 12th, 2021
    Wolfe Research Not available
    Apr 16th, 2021
    Credit Suisse Group $144.00$155.00
    Deutsche Bank Aktiengesellschaft $145.00$147.00
    Morgan Stanley $158.00$165.00
    Apr 19th, 2021
    Wolfe Research Not available
    Apr 21st, 2021
    UBS Group $145.00$165.00

    Earnings and financials

    PepsiCo ($PEP) hosted the financial event and posted the report on April 15. PepsiCo reported earnings of $1.21 per share on sales of $14.8 billion. The market estimate was $1.12 per share on revenue of $14.6 billion.

    This compares to Earnings of $1.07 per share same quarter last year, so reported EPS means an improvement of 13.08%. Looking at revenue, figures moved up a 6.76% compared to $138.8B same quarter 12 months ago.

    PepsiCo ($PEP) is hosting the earnings call next July. Estimated for this quarter is $1.52, compared to $1.21 that was reported for Q1.

    PepsiCo performance

    PEP performance compared
    Company1m3m6m
    PepsiCo ($PEP) 6.20% 5.60% 5.80%

    Disclaimer:
    The opinions contained in this post are personal and not recommendations for you to buy or sell stocks. The author of this report does not know the specific scenarios 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 Comments are expressed for educative reasons only

    PepsiCo summary

    Wednesday, April 21st, 2021
    Open$147.35
    Close$146.98
    Day range$146.21 - $147.8
    Previous close$145.71
    Session gain0.87%
    Average true range$2.20
    50d mov avg$136.64
    100d mov avg$139.28
    200d mov avg$137.24
    Earnings dateJuly 12th, 2021

    Frequently asked questions

    What is PepsiCo stock symbol?

    PepsiCo, Inc. is a public company trading in the US stock market with the PEP symbol

    Is PepsiCo stock a buy or sell?

    PepsiCo received 8 ratings in the last 30 days: 4 bullish, 0 bearish and 1 neutral.

    Will PEP go up?

    PepsiCo had different price predictions posted by market analysts in the last month setting the target price to $156.60. That is a 6.55% than the last price ($146.98).