Get Stock Quote Here PepsiCo Inc. (PEP) is an American multinational food, snack and beverage corporation headquartered in Purchase, New York, United States, with interests in the manufacturing, marketing, and distribution of grain-based snack foods, beverages, and other products. PepsiCo was formed in 1965 with the merger of the Pepsi-Cola Company and Frito-Lay, Inc. PepsiCo has since expanded from its namesake product Pepsi to a broader range of food and beverage brands, the largest of which includes an acquisition of Tropicana in 1998 and of Quaker Oats in 2001, which added the Gatorade brand to its portfolio. As of January 26, 2012, 22 of PepsiCo's brands generated retail sales of more than $1 billion apiece, and the company's products were distributed across more than 200 countries, resulting in annual net revenues of $43.3 billion. Based on net revenue, PepsiCo is the second largest food and beverage business in the world. Within North America, PepsiCo is the largest food and beverage business by net revenue. Indra Krishnamurthy Nooyi has been the chief executive of PepsiCo since 2006. The company's beverage distribution and bottling is conducted by PepsiCo as well as by licensed bottlers in certain regions. Approximately 274,000 employees generated $66.415 billion in revenue as of 2013.
PepsiCo quarterly sales fall 3% PepsiCo's quarterly sales fell 3 percent, the sixth straight quarter of decline, hurt by a strong dollar and weakness in some markets including Latin America and Europe. Shares of PepsiCo rose in premarket trading on the report. Read full article here: http://www.cnbc.com/2016/04/18/pepsico-quarterly-sales-fall-3-pct.html
Reported yesterday (7/7/16) Earnings: EPS $1.35 Revenue $15.4B Estimates: EPS $1.28 Revenue $15.4B Up 0.73% today
Upcoming dividend information: Ex-Div-Date: 11/30/16 Payment Date: 1/6/17 Dividend: $0.75 Current Price: $101.31 Annual Yield: 2.97%
$PEP Announced a 7 percent increase in its annualized dividend to $3.22 per share from $3.01 per share
Unusual Options Activity Insight: PepsiCo 11:15 am ET August 3, 2021 (Benzinga) Print Shares of PepsiCo (NASDAQEP) saw some unusual options activity on Tuesday. Following the unusual option alert, the stock price moved up to $156.71. Sentiment: BEARISH Option Type: SWEEP Trade Type: CALL Expiration Date: 2021-08-20 Strike Price: $157.50 Volume: 2982 Open Interest: 3650 Three Ways Options Activity Is ‘Unusual' One way options market activity can be considered unusual is when volume is exceptionally higher than its historical average. The volume of options activity refers to the number of contracts traded over a given time period. The number of unsettled contracts that have been traded, but not yet closed, is called open interest. These contracts are not yet closed because a buyer has not purchased the contract, or a seller has not sold it. The trading of a contract with an expiration date in the distant future is another sign of unusual activity. Generally, additional time until a contract expires increases the potential for it to reach its strike price and grow its time value. Time value is important in this context because it represents the difference between the strike price and the value of the underlying asset. "Out of the money" contracts are unusual because they are purchased with a strike price far from the underlying asset price. "Out of the money" occurs when the underlying price is under the strike price on a call option, or above the strike price on a put option. Buyers and sellers try to take advantage of a large profit margin in these instances because they are expecting the value of the underlying asset to change dramatically in the future. Bullish And Bearish Sentiments Options are "bullish" when a call is purchased at/near ask price or a put is sold at/near bid price. Options are "bearish" when a call is sold at/near bid price or a put is bought at/near ask price. Although the activity is suggestive of these strategies, these observations are made without knowing the investor's true intentions when purchasing these options contracts. An observer cannot be sure if the bettor is playing the contract outright or if they're hedging a large underlying position in a common stock. For the latter case, the exposure a large investor has on their short position in common stock may be more meaningful than bullish options activity. Using These Options Strategies Unusual options activity is an advantageous strategy that may greatly reward an investor if they are highly skilled, but for the less experienced trader, it should remain as another tool to make an educated investment decision while taking other observations into account. For more information to understand options alerts, visit https://pro.benzinga.help/en/articles/1769505-how-do-i-understand-options-alerts © 2021 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Pepsi earning today. https://investors.pepsico.com/docs/...q2-2023-earnings-release_sbkjqld2mrs693bw.pdf
