24-Apr-2024
Keurig Dr Pepper Q1 2024 Earnings Preview
Seeking Alpha News (Wed, 24-Apr 1:34 PM ET)
Notable earnings before Thursday's open
Seeking Alpha News (Wed, 24-Apr 11:12 AM ET)
BellRings Brands gains after Cowen suggested it could be a takeover candidate
Seeking Alpha News (Mon, 22-Apr 1:59 PM ET)
Buy Rating for Keurig Dr Pepper: Undervalued Stock with Positive Segment Trends and Growth Potential
TipRanks (Mon, 22-Apr 6:45 AM ET)
PRNewswire (Mon, 1-Apr 9:00 AM ET)
Keurig Dr Pepper to Report First Quarter 2024 Results and Host Conference Call
PRNewswire (Thu, 28-Mar 4:15 PM ET)
Keurig Dr Pepper to Outline Strategy and Value-creation Opportunities at Investor Event
PRNewswire (Tue, 19-Mar 8:00 AM ET)
PRNewswire (Wed, 13-Mar 1:00 PM ET)
Introducing the Next Chapter of the Keurig K-Cup Pod System Product Portfolio
PRNewswire (Wed, 13-Mar 1:00 PM ET)
Keurig Dr Pepper to Webcast 2024 Strategy Review and Investor Update on March 19
PRNewswire (Tue, 12-Mar 4:15 PM ET)
Keurig Dr Pepper was established in 2018 following a merger between Keurig Green Mountain Coffee and Dr Pepper Snapple. The company manufactures and distributes coffee systems (including coffee brewers and single-serve coffee pods) under the Keurig and Green Mountain brands, as well as ready-to-drink beverages including flavored (non-cola) sparkling soft drinks under well-known brands such as Dr Pepper, Snapple, and Canada Dry. The company controls production and route to market for its own brands through in-house manufacturing plants and distribution infrastructure and leverages these facilities to manufacture and distribute for third-party coffee and beverage brands via licensing and partnership agreements. US and Canada make up 95% of revenues, with the rest from Mexico.
Keurig Dr Pepper trades on the NASDAQ stock market under the symbol KDP.
As of April 24, 2024, KDP stock price climbed to $32.34 with 10,139,732 million shares trading.
KDP has a beta of 0.13, meaning it tends to be less sensitive to market movements. KDP has a correlation of 0.01 to the broad based SPY ETF.
KDP has a market cap of $43.74 billion. This is considered a Large Cap stock.
Last quarter Keurig Dr Pepper reported $4 billion in Revenue and $.55 earnings per share. This fell short of revenue expectation by $-43 million and exceeded earnings estimates by $.01.
In the last 3 years, KDP stock traded as high as $41.31 and as low as $27.66.
The top ETF exchange traded funds that KDP belongs to (by Net Assets): VTI, QQQ, VOO, SPY, IVV.
KDP has underperformed the market in the last year with a return of -6.0%, while the SPY ETF gained +24.2%. In the last 3 month period, KDP fell short of the market, returning +2.6%, while SPY returned +4.6%. However, in the most recent 2 weeks KDP has outperformed the stock market by returning +4.3%, while SPY returned -2.7%.
KDP support price is $31.41 and resistance is $32.11 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KDP stock will trade within this expected range on the day.