Avoid the stress of overpaying for a stock or missing an opportunity by using the right tools and insights to evaluate PepsiCo Inc before investing.

In this article, we go over a few key elements for understanding PepsiCo Inc’s stock price such as:

• PepsiCo Inc’s current stock price and volume
• Why PepsiCo Inc’s stock price changed recently
• Upgrades and downgrades for PEP from analysts
• PEP’s stock price momentum as measured by its relative strength

About PepsiCo Inc (PEP)

Before we jump into PepsiCo Inc’s stock price, history, target price and what caused it to recently rise, let’s take a look at some background.

PepsiCo, Inc. is a beverage and convenient food company. The Company's segments include Frito-Lay North America, which includes its food businesses in the United States and Canada; Quaker Foods North America, which includes its food businesses, such as cereal, rice, pasta and other branded food, in the United States and Canada; PepsiCo Beverages North America, which includes its beverage businesses in the United States and Canada; Latin America, which includes its beverage and convenient food businesses in Latin America; Europe, which includes its beverage and convenient food businesses in Europe; Africa, Middle East and South Asia (AMESA), which includes all of its beverage and convenient food businesses in Africa, the Middle East and South Asia; and Asia Pacific, Australia and New Zealand and China Region (APAC), which includes all of its beverage and convenient food businesses in Asia Pacific, Australia and New Zealand, and China region. Its brands include Lays, Doritos and Cheetos.

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PepsiCo Inc’s Stock Price as of Market Close

As of March 18, 2024, 4:00 PM, CST, PepsiCo Inc’s stock price was $171.26.

PepsiCo Inc is up 4.01% from its previous closing price of $164.66.

During the last market session, PepsiCo Inc’s stock traded between $163.64 and $165.38. Currently, there are 1,373.00 million shares of PepsiCo Inc stock available for purchase.

PepsiCo Inc’s price-earnings (P/E) ratio is currently at 25.1, which is high compared to the Non-Alcoholic Beverages industry median of 24.7. The price-earnings ratio gauges market expectation of future performance by relating a stock’s current share price to its earnings per share.

PepsiCo Inc Stock Price History

PepsiCo Inc’s (PEP) price is currently up 3.58% so far this month.

During the month of March, PepsiCo Inc’s stock price has reached a high of $172.18 and a low of $161.81.

Over the last year, PepsiCo Inc has hit prices as high as $196.88 and as low as $155.83. Year to date, PepsiCo Inc’s stock is down 5.2%.

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What Caused PepsiCo Inc Stock’s Price to Rise?

Stock prices are primarily based on seller supply and buyer demand. But have you ever wondered about what other factors affect a stock's price?

When an analyst changes their opinion of a stock by upgrading or downgrading their rating, it often leads to a sudden stock price adjustment. As of March 15, 2024, there were 14 analysts who downgraded PepsiCo Inc’s stock and 0 analysts who upgraded over the last month.

Additionally, you'll want to evaluate PepsiCo Inc’s financial health and valuation. Investors can use AAII's Value Grade, which combines six key valuation metrics like P/E and P/S ratios for a comprehensive analysis to conduct analysis on PepsiCo Inc’s valuation and financial health. This approach mitigates the limitations of single-metric evaluations.

PepsiCo Inc’s current valuation based on AAII’s Value Grade is a F, which means it is considered to be Ultra Expensive.

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Lastly, news and media coverage as well as recent press reports about the company or its industry may cause stock prices to fluctuate. You can check out the most recent news articles about PepsiCo Inc (PEP) by visiting AAII Stock Evaluator.

Relative Price Strength of PepsiCo Inc

Relative price strength measures a stock's performance against the market, helping investors identify stocks that are outperforming benchmarks.

For AAII’s Momentum Grade, a weighted relative price strength is calculated. Follow this link to learn more about the Momentum Grade.

As of March 15, 2024, PepsiCo Inc has a weighted four-quarter relative price strength of -8.09%, which translates to a Momentum Score of 42 and is considered to be Average.

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PepsiCo Inc Stock Price: Bottom Line

As of March 18, 2024, PepsiCo Inc’s stock price is $171.26, which is up 4.01% from its previous closing price.

AAII advises against making stock decisions based solely on price or past returns. Instead, consider a variety of metrics, fundamentals, and analytics to evaluate a stock like PepsiCo Inc stock prices are influenced by market supply and demand and offer just a snapshot of a company's overall health.

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