Keurig Dr Pepper
KDP

$33.74

3.88%

Market Cap: 45.7B

About: 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.

Employees: 28,100

Consumer Staples Beverages

0

Funds holding %

of 6,702 funds

0

Analysts bullish %

of 16 analysts

0

News positive %

of 14 articles

Fund manager confidence

Based on 2024 Q1 SEC filings by fund managers ($100M+ AUM)

22% more repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 234

20% more first-time investments, than exits

New positions opened: 115 | Existing positions closed: 96

3.53% more ownership

Funds ownership: 64.16% [Q4 2023] → 67.69% (+3.53%) [Q1 2024]

3% more funds holding

Funds holding: 677 [Q4 2023] → 696 (+19) [Q1 2024]

0% more call options, than puts

Call options by funds: $155M | Put options by funds: $154M

4% less capital invested

Capital invested by funds: $29.9B [Q4 2023] → $28.8B (-$1.06B) [Q1 2024]

25% less funds holding in top 10

Funds holding in top 10: 8 [Q4 2023] → 6 (-2) [Q1 2024]

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Research analyst outlook

16 Wall Street Analysts provided 1 year price forecasts over the past 6 months

Low target

$32

5%

downside

Avg. target

$37

8%

upside

High target

$41

22%

upside

16 analyst ratings

12 positive

75%

4 neutral

25%

0 negative

0%

RBC Capital Nik Modi	22%upside $41	Outperform Reiterated	26 Jul 2024
Barclays Lauren Lieberman	10%upside $37	Overweight Maintained	19 Jul 2024
JP Morgan Andrea Teixeira	7%upside $36	Overweight Maintained	10 Jul 2024
Exane BNP Paribas Kevin Grundy	7%upside $36	Neutral Initiated	24 Jun 2024
Truist Securities Bill Chappell	1%upside $34	Hold Upgraded	17 Jun 2024

See Analyst Rankings

Financial journalist opinion

Based on 14 articles about KDP published over the past 30 days

Keurig Dr Pepper Inc. (KDP) Q2 2024 Earnings Call Transcript

Keurig Dr Pepper Inc. (NASDAQ:KDP ) Q2 2024 Earnings Conference Call July 25, 2024 8:00 AM ET Company Participants Jane Gelfand - Vice President of Investor Relations & Strategic Initiatives Tim Cofer - Chief Operating Officer Sudhanshu Priyadarshi - CFO & President of International Conference Call Participants Bryan Spillane - Bank of America Peter Grom - UBS Lauren Lieberman - Barclays Dara Mohsenian - Morgan Stanley Chris Carey - Wells Fargo Bonnie Herzog - Goldman Sachs Operator Good morning, ladies and gentlemen, and thank you for standing by. Welcome to Keurig Dr. Pepper's Second Quarter 2024 Earnings Call.

Keurig Dr Pepper Inc. (KDP) Q2 2024 Earnings Call Transcript

Zacks Investment Research

Keurig (KDP) Q2 Earnings Meet Estimates, Volumes Drive Sales

Keurig's (KDP) second-quarter 2024 results reflect impressive net sales trends, considerable margin growth and solid earnings improvement.

Keurig (KDP) Q2 Earnings Meet Estimates, Volumes Drive Sales

Zacks Investment Research

Keurig Dr Pepper (KDP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

While the top- and bottom-line numbers for Keurig Dr Pepper (KDP) give a sense of how the business performed in the quarter ended June 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.

Keurig Dr Pepper (KDP) Q2 Earnings: How Key Metrics Compare to Wall Street Estimates

Zacks Investment Research

Keurig Dr Pepper, Inc (KDP) Q2 Earnings Match Estimates

Keurig Dr Pepper, Inc (KDP) came out with quarterly earnings of $0.45 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.42 per share a year ago.

Keurig Dr Pepper, Inc (KDP) Q2 Earnings Match Estimates

Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales

Keurig Dr Pepper's second-quarter earnings and revenue met Wall Street's expectations. The company's U.S. coffee division struggled, while its domestic refreshment division saw higher sales, thanks to price increases.

Keurig Dr Pepper earnings meet estimates as higher prices fuel U.S. soda sales

Keurig Dr Pepper Reports Q2 2024 Results and Reaffirms Fiscal 2024 Guidance

Net Sales Led by Double-Digit Growth in International and Solid U.S. Refreshment Beverages Performance Company Continues to Expect On-Algorithm Net Sales and Adjusted EPS Growth in 2024 BURLINGTON, Mass. and FRISCO, Texas , July 25, 2024 /PRNewswire/ -- Keurig Dr Pepper Inc. (NASDAQ: KDP) today reported results for the second quarter of 2024 and reaffirmed its full year guidance.

Keurig Dr Pepper Reports Q2 2024 Results and Reaffirms Fiscal 2024 Guidance

Will Margin Growth Aid Keurig Dr Pepper's Q2?

Keurig Dr Pepper stock (NASDAQ: KDP) will report its Q2 2024 results on Thursday, July 25. We expect it to report revenues of $3.9 billion and earnings of $0.45 per share, aligning with the consensus estimates.

Will Margin Growth Aid Keurig Dr Pepper's Q2?

The 7 Most Undervalued Stocks in the Nasdaq-100 You Must Not Ignore

The Nasdaq 100 is a list of the 100 most valuable companies traded on the Nasdaq index as measured by market capitalization. The Nasdaq index is generally associated with the technology sector.

The 7 Most Undervalued Stocks in the Nasdaq-100 You Must Not Ignore

Zacks Investment Research

Keurig Dr Pepper (KDP) to Report Q2 Earnings: What's in Store?

Keurig Dr Pepper's (KDP) second-quarter 2024 results are likely to reflect gains from brand strength and pricing actions. However, a sluggish Coffee unit is a concern.

Keurig Dr Pepper (KDP) to Report Q2 Earnings: What's in Store?

Zacks Investment Research

Keurig Dr Pepper, Inc (KDP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Keurig Dr Pepper (KDP) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

Keurig Dr Pepper, Inc (KDP) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

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