PEP - PepsiCo, Inc.
132.70 +0.07 (0.05%)
After hours: 7:29PM EDT
| Previous close | 132.99 |
| Open | 133.05 |
| Bid | 132.63 x 1400 |
| Ask | 132.76 x 900 |
| Day's range | 131.12 - 133.81 |
| 52-week range | 101.42 - 147.20 |
| Volume | 5,327,465 |
| Avg. volume | 7,275,620 |
| Market cap | 184.939B |
| Beta (5Y monthly) | 0.61 |
| PE ratio (TTM) | 25.68 |
| EPS (TTM) | 5.16 |
| Earnings date | 13 Jul 2020 |
| Forward dividend & yield | 4.09 (3.08%) |
| Ex-dividend date | 04 Jun 2020 |
| 1y target est | 143.29 |
- Bloomberg
How Businesses Can Navigate the Minefield of Social Unrest
(Bloomberg Opinion) -- One of the more popular sentiments expressed on Twitter over the weekend was that the astronauts who left Earth on Saturday made a good choice. After months of suffering from a global pandemic that has caused mass unemployment, school shutdowns and over 100,000 deaths, Americans are now reeling from a wave of nationwide protests following the death of a black man at the hands of Minneapolis police. What should companies say and do amid events so fraught that many people would prefer not to be on the planet?“It’s always risky for brands to weigh in on deep social unrest,” says reputation-management guru Helio Fred Garcia, president of Logos Consulting Group. Companies have learned this the hard way before — such as when Starbucks Corp. hatched an ill-advised effort to encourage people to talk about racism with their baristas in 2015 and when PepsiCo. Inc. launched a widely excoriated commercial about social activism featuring Kendall Jenner in 2017. Companies were reminded of that risk again on Saturday after National Football League Commissioner Roger Goodell received fierce backlash for expressing support for the protesters. His statement was viewed as insincere by many after the experience of Colin Kaepernick, a player who has not been signed by a team since 2017 after protesting racism and police brutality.So companies can start by taking a look in the mirror. Facebook Inc., for example, needs to do some hard thinking about its policies after choosing not to flag a Facebook version of a Twitter post by President Donald Trump threatening to shoot looters. That decision has staffers so upset that some staged a virtual walkout Monday. (Chief Executive Officer Mark Zuckerberg acknowledged in a post that his company must do more to “ensure our systems don't amplify bias.”) Companies should be prepared to answer questions — from employees, the news media and other stakeholders — about how they can do more to fight racism and promote diversity.Leaders should also communicate with employees who are on edge, seeking their feedback on how they can better promote diversity, address employee concerns, and fight unconscious bias and other forms of racism. But while every organization should be having these conversations internally, companies should proceed cautiously before publicly wading into the protests.Speaking out publicly comes with two risks. The first is that such efforts will be perceived as self-serving. Many television commercials referencing the coronavirus, for example, have been panned as thinly veiled efforts to use the pandemic to promote consumer spending. The second risk is that commercials or other statements of public support will only remind the public of a company’s record of inaction (the Pepsi commercial) or dubious actions (the NFL). Indeed, a 2016 study by Weber Shandwick and KRC Research found that public activism boosts a company's reputation when it is related in some way to what a company is already doing — but it backfires when it is perceived as discordant with a company's business. If a company has a well-established record of openly fighting racism, speaking out publicly now will be perceived as credible. And if a company — or its employees or stakeholders — has been drawn into the fray, the public will expect it to say something. Garcia notes that companies whose stores have been damaged in the protests will be expected to respond. Macy’s Inc.’s flagship store in New York’s Herald Square was looted Monday night, and the company would be wise to respond compassionately. Designer Marc Jacobs offered a laudable example for other retailers to follow after one of his own stores was damaged:View this post on Instagram A post shared by Marc Jacobs (@themarcjacobs) on May 31, 2020 at 9:38am PDTOf course, many other executives will be tempted to join the bandwagon to express support for fighting systemic racism. But they should start by taking action. Companies including Verizon Communications Inc., Intel Corp., Facebook, Peloton Cycle Inc. and Levi Strauss & Co. have all announced major monetary contributions to organizations that promote social justice. Such donations — along with changes to corporate practices — are the place to start.Once an organization has firmly established a record of supporting racial equality, it can authentically join the public conversation. But without such actions, attempts to generate positive publicity by tying corporations to the cause will be more likely to be perceived as shallow and self-serving, generating backlash that may leave more chief executives wanting to leave the planet. This column does not necessarily reflect the opinion of the editorial board or Bloomberg LP and its owners.Kara Alaimo is an associate professor of public relations at Hofstra University and author of “Pitch, Tweet, or Engage on the Street: How to Practice Global Public Relations and Strategic Communication.” She previously served in the Obama administration. For more articles like this, please visit us at bloomberg.com/opinionSubscribe now to stay ahead with the most trusted business news source.©2020 Bloomberg L.P.
- Motley Fool
Like Dividends? You'll Love These 5 Stocks
Picking the best dividend stocks to add to your investment portfolio requires more than looking for the highest yields. For years of dependable dividend income, you need to find well-run companies with solid business models capable of maintaining the dividend through tough economic times. The companies are listed in order of their dividend yields based on recent share prices.
- Zacks
PepsiCo (PEP) Stock Sinks As Market Gains: What You Should Know
PepsiCo (PEP) closed the most recent trading day at $132.63, moving -0.27% from the previous trading session.
- Yahoo Finance
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- Zacks
Why Is PepsiCo (PEP) Down 1.9% Since Last Earnings Report?
PepsiCo (PEP) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
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- Motley Fool
3 Michael Jordan-Endorsed Companies That Are Great Buys Even Today
Tonight, ESPN will air the final two episodes of The Last Dance, its fantastic documentary about the greatest basketball player who ever lived: Michael Jordan. For those who may not remember the Michael Jordan era, not only did "MJ" transform NBA basketball into a global phenomenon, he also propelled several consumer companies to new heights of brand awareness through big-time endorsements. In fact, the following Michael Jordan-endorsed brands could make solid picks for either the defensive, long-term investor, or those with a more aggressive bent amid the coronavirus downturn.
- Yahoo Finance
Everyone is reaching for a Twinkie again at stores as people begin venturing out post-COVID-19 crisis
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- Motley Fool
PepsiCo Is First Major Consumer Foods Name to Take a Big Dive Into DTC
If the company's direct-to-consumer experiment works, it could mark a major turning point for the grocery industry.
- Zacks
PepsiCo Expands Digital Footprint to Meet Consumers' Needs
PepsiCo (PEP) launches two websites to cater to the growing online demand for food and beverages.
- Motley Fool
Elon Musk Isn't Warren Buffett's Biggest Fan
The Tesla CEO doesn't want to follow in Buffett's footsteps, though he does admit that bean-counting has its place in the business world.
- Yahoo Finance
Kellogg CEO: 'People are eating more of our cereal'
Yahoo Finance speaks with Kellogg CEO Steve Cahillane about the state of the food maker amidst the coronavirus.
- Motley Fool
How Diversification Helps Businesses
In this episode of Market Foolery, Chris Hill and Motley Fool analyst Ron Gross bring you the latest headlines from the markets. To catch full episodes of all The Motley Fool's free podcasts, check out our podcast center. To get started investing, check out our quick-start guide to investing in stocks.
- Motley Fool
PepsiCo Still Plans to Deliver $7.5 Billion to Investors in 2020
Sales will be bumpy over the next few quarters, but cash continues to flow through this consumer staples business.
- Motley Fool
PepsiCo Makes Another Entry Into Energy Drinks
The beverage company announced the distribution agreement along with a high-performance earnings report.
- Yahoo Finance
Why PepsiCo is doing better than long-time rival Coca-Cola during the COVID-19 pandemic
PepsiCo's first quarter earnings are out. Here is the analysis you need to know.
- Motley Fool
PepsiCo Inc (PEP) Q1 2020 Earnings Call Transcript
Image source: The Motley Fool. PepsiCo Inc (NASDAQ: PEP)Q1 2020 Earnings CallApr 28, 2020, 8:15 a.m. ETContents: Prepared Remarks Questions and Answers Call Participants Prepared Remarks: OperatorGood morning and welcome to PepsiCo's First Quarter Earnings Question-and-Answer Session.
- Motley Fool
PepsiCo Sees Gains but Tosses Outlook
PepsiCo (NASDAQ: PEP) announced strong sales in its first-quarter 2020 earnings report today, but decided to pull its full-year guidance as uncertainty about the future remains. PepsiCo reported a 7.7% increase in net sales during the quarter to $13.88 billion. Adjusted earnings were $1.07, a 10% increase year over year.
- Yahoo Finance
Google, Starbucks, AMD earnings: What to know in markets Tuesday
Earnings season kicks into high gear Tuesday. A slew of big names will deliver quarterly results, but the spotlight will be on Alphabet, Starbucks and Advanced Micro Devices after the closing bell.
- Yahoo Finance
A buying frenzy for soup and Lucky Charms erupts during coronavirus quarantines
General Mills sales are on fire as the nation stays at home...and consumes a lot more packaged food.
- Yahoo Finance
Coca-Cola beats on earnings but the coronavirus is now wreaking havoc on the soda giant
Coca-Cola's earnings are out. Here's everything you need to know.
- Investing.com
PepsiCo Stock Falls 3%
Investing.com - PepsiCo (NASDAQ:PEP) Stock fell by 3.02% to trade at $134.33 by 11:02 (15:02 GMT) on Wednesday on the NASDAQ exchange.
- Investing.com
PepsiCo Stock Rises 3%
Investing.com - PepsiCo (NASDAQ:PEP) Stock rose by 3.08% to trade at $134.84 by 10:09 (14:09 GMT) on Tuesday on the NASDAQ exchange.
- Yahoo Finance
Kraft Heinz CEO: Mac & cheese sales are soaring amid the coronavirus outbreak
Yahoo Finance speaks with Kraft Heinz CEO Miguel Patricio on how the food giant is navigating the coronavirus pandemic.
- Yahoo Finance
Coronavirus pandemic spurs a chocolate and frozen pizza sales boom in America: Nestle USA CEO
It's all about comforting chocolate while sitting home worried about the coronavirus.
