PepsiCo, Inc. stock trades under the ticker PEP & has shown recent bullishness that traders & investors should research further into.
PEP stock closed at $169.97/share on 2/2/2023.
PepsiCo, Inc. PEP Stock’s Technical Performance Broken Down
PEP Stock Price: $169.97
10 Day Moving Average: $170.35
50 Day Moving Average: $178.79
200 Day Moving Average: $171.65
RSI: 37.33
MACD: -2.518
Yesterday, PEP stock completed a bullish MACD crossover, despite dropping 0.93% on the day’s session.
Recent trading volumes have been roughly average compared to the year prior & their RSI is on the oversold end at 37.33, signaling there may be near-term declines that can be used to enter or add to a position.
They have support at the $168.43 & $167.46/share price level, as they try to break out above their $170.35 & $170.96/share resistance levels.
PepsiCo, Inc. PEP Stock As A Long-Term Investment
Long-term oriented investors will like PEP stock’s 24.25 P/E (ttm), but will likely find their 12.3 P/B (mrq) to be higher than they’d prefer.
They recently reported 8.8% Quarterly Revenue Growth Y-o-Y, with 21.5% Quarterly Earnings Growth Y-o-Y.
Their balance sheet will require a more thorough examination before investing, with $6.74B of Total Cash (mrq) & $39.25B of Total Debt (mrq).
PEP stock pays a 2.59% dividend, which may not be sustainable in the long-run, as their payout ratio is 63.66%.
75.45% of PEP stock’s outstanding share float is owned by institutional investors.
PepsiCo, Inc. PEP Stock As A Short-Term Trade Using Options
Traders with a shorter time horizon can use options to profit from price movements in PEP stock, while protecting their portfolio from volatility.
I am looking at the contracts with the 3/17 expiration date.
The $165, $160 & $155 call options are all in-the-money, with the former having more open interest than the latter strikes.
The $170, $175 & $180 puts are also all in-the-money, listed from most to least liquid strike.
Tying It All Together
PEP stock has many interesting characteristics that traders & investors are sure to find appealing.
Investors will like their dividend yield & P/E (ttm), but may want to look at their balance sheet to see how sustainable their yield is in the longer-run.
Traders will like their current technical positioning & liquid options.
Overall, it is worth taking a closer look into PEP stock to see how it fits into your portfolio strategy.
*** I DO NOT OWN SHARES OR OPTIONS POSITIONS AROUND PEP STOCK AT THE TIME OF PUBLISHING THIS ARTICLE ***