PepsiCo (PEP, Financial) experienced mixed sentiment in the options market with its stock price rising by $0.54, or 0.42%, to settle around $128.56. The options trading volume was consistent with its average, reaching 32,000 contracts, where call options were more prevalent than puts, leading to a put/call ratio of 0.3, which is notably lower than the typical 0.61. The implied volatility (IV30) slightly decreased by 0.03 to 27.54, placing it in the top 10% of historical observations over the past year. This implies an expected daily price movement of $2.23.
Additionally, there was a flattening of the put-call skew, indicating a slightly bullish outlook for PEP. With earnings results anticipated shortly, options markets suggest there is a 50% chance of a price move beyond $0.00. Investors may find these indicators useful when evaluating PEP's future performance.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 21 analysts, the average target price for PepsiCo Inc (PEP, Financial) is $148.92 with a high estimate of $169.00 and a low estimate of $110.00. The average target implies an upside of 15.86% from the current price of $128.53. More detailed estimate data can be found on the PepsiCo Inc (PEP) Forecast page.
Based on the consensus recommendation from 24 brokerage firms, PepsiCo Inc's (PEP, Financial) average brokerage recommendation is currently 2.8, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for PepsiCo Inc (PEP, Financial) in one year is $180.14, suggesting a upside of 40.15% from the current price of $128.53. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the PepsiCo Inc (PEP) Summary page.
