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PepsiCo shares trade near historic lows with 4.7% yield
MarketBeat Ratings notes PepsiCo reported Q3 revenue up 5.6% year over year and that analysts maintain a consensus rating as institutions accumulate shares near the depressed valuation.
PepsiCo shares are trading near historic lows, with a 4.7% yield, according to MarketBeat Ratings.
The outlet points to PepsiCo’s latest quarter, saying Q3 revenue rose 5.6% year over year and came in above consensus, supported by a 3.1% organic increase.
MarketBeat Ratings also says analysts keep a consensus rating on the stock, while institutions continue adding shares at current levels.
The analysis frames PepsiCo’s setup as one tied to valuation and dividend yield, with the firm arguing that the company is generating cash flow and returning capital to investors even as high bond yields have weighed on the stock.