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 dip, 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 October 05, 2023, 4:00 PM, CST, PepsiCo, Inc.’s stock price was $160.10.

PepsiCo, Inc. is down 5.22% from its previous closing price of $168.91.

During the last market session, PepsiCo, Inc.’s stock traded between $167.06 and $169.13. Currently, there are 1,378.00 million shares of PepsiCo, Inc. stock available for purchase.

PepsiCo, Inc.’s price-earnings (P/E) ratio is currently at 29.3, which is high compared to the Non-Alcoholic Beverages industry median of 24.5. 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 down 5.51% so far this month.

During the month of October, PepsiCo, Inc.’s stock price has reached a high of $170.00 and a low of $159.87.

Over the last year, PepsiCo, Inc. has hit prices as high as $196.88 and as low as $160.98. Year to date, PepsiCo, Inc.’s stock is down 7.83%.

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What Caused PepsiCo, Inc. Stock’s Price to Dip?

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 October 04, 2023, there were 2 analysts who downgraded PepsiCo, Inc.’s stock and 3 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 D, which means it is considered to be 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 October 04, 2023, PepsiCo, Inc. has a weighted four-quarter relative price strength of -2.94%, which translates to a Momentum Score of 55 and is considered to be Average.

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PepsiCo, Inc. Stock Price: Bottom Line

As of October 5, 2023, PepsiCo, Inc.’s stock price is $160.10, which is down 5.22% 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.

Subscribing to AAII's A+ Investor provides access to comprehensive analytics and insights for confident investing.