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Keurig Dr Pepper (KDP) Surges: Stock Moves 5.9% Higher
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Keurig Dr Pepper Inc. (KDP - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $26.93 to $28.21 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Keurig Dr Pepper currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Is KDP going up? Or down? Predict to see what others think:Up or Down
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Keurig Dr Pepper (KDP) Surges: Stock Moves 5.9% Higher
Keurig Dr Pepper Inc. (KDP - Free Report) was a big mover last session, as the company saw its shares rise nearly 6% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. This breaks the recent trend of the company, as the stock is now trading above the volatile price range of $26.93 to $28.21 in the past one-month time frame.
The company has seen a mixed track record when it comes to estimate revision of one increase and no decrease over the past few weeks, while the Zacks Consensus Estimate for the current quarter remained unchanged. The recent price action is encouraging though, so make sure to keep a close watch on this firm in the near future.
Keurig Dr Pepper currently has a Zacks Rank #4 (Sell) while its Earnings ESP is negative.
Keurig Dr Pepper, Inc Price
Keurig Dr Pepper, Inc price | Keurig Dr Pepper, Inc Quote
Investors interested in the Consumer Staples sector may consider a better-ranked stock like Avon Products, Inc. , which carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Is KDP going up? Or down? Predict to see what others think:Up or Down
Today's Best Stocks from Zacks
Would you like to see the updated picks from our best market-beating strategies? From 2017 through 2018, while the S&P 500 gained +15.8%, five of our screens returned +38.0%, +61.3%, +61.6%, +68.1%, and +98.3%.
This outperformance has not just been a recent phenomenon. From 2000 – 2018, while the S&P averaged +4.8% per year, our top strategies averaged up to +56.2% per year.
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