Metropolitan Life Insurance Co. NY Reduces Stake in Keurig Dr Pepper Inc
June 24, 2023
🌥️Trending News
The company is publicly traded on the New York Stock Exchange under the ticker symbol KDP. The company’s success has been fueled by its commitment to innovation and customer service, as well as its continued expansion into new markets. With a portfolio of iconic brands and a strong customer base, Keurig Dr Pepper ($NASDAQ:KDP) Inc. is well positioned for continued growth and success.
Stock Price
The stock opened at $32.1 and closed at $31.9, a decline of 0.7% from its previous closing price of 32.2. It appears that the decision to reduce the company’s stake may have been due to market conditions, as this is one of the few times that KDP shares have seen a downward trend. Despite this dip, KDP remains a popular company with strong fundamentals and a steady increase in its share value over the past few months. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for KDP. More…
| Total Revenues | Net Income | Net Margin |
| 14.33k | 1.32k | 13.1% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for KDP. More…
| Operations | Investing | Financing |
| 2.25k | -1.24k | -1.39k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for KDP. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 51.66k | 26.56k | 17.88 |
Key Ratios Snapshot
Some of the financial key ratios for KDP are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 8.5% | 4.8% | 14.4% |
| FCF Margin | ROE | ROA |
| 13.1% | 5.1% | 2.5% |
Analysis
At GoodWhale, we have conducted an analysis of KEURIG DR PEPPER’s fundamentals. Our Star Chart shows that KEURIG DR PEPPER has an intermediate health score of 6/10, indicating that the company is likely to be able to sustain future operations in times of crisis. We have classified KEURIG DR PEPPER as a ‘rhino’ type of company, meaning that it has achieved moderate revenue or earnings growth, but not necessarily high growth. We believe this company may be attractive to investors who are looking for a solid source of dividends and profitability, but are willing to accept moderate growth in exchange. In terms of its fundamentals, KEURIG DR PEPPER is strong in dividend and profitability, medium in growth, and weak in asset-based metrics such as cash flow and debt. It is important that potential investors consider all of these factors before making any investment decisions. More…
Peers
In the beverage industry, Keurig Dr Pepper Inc competes with PepsiCo Inc, Coca-Cola Co, Coca-Cola Consolidated Inc, and other companies. The company has a portfolio of products that includes coffee, tea, and water. It also offers a variety of packaging options for its products.
– PepsiCo Inc ($NASDAQ:PEP)
PepsiCo Inc is a global food and beverage company with a market cap of 250.16B as of 2022. The company has a Return on Equity of 45.25%. PepsiCo is a leading provider of convenient snacks, foods and beverages, with operations in more than 200 countries and territories. The company’s products are marketed under a variety of iconic brands, including Pepsi, Lay’s, Gatorade, Quaker and Tropicana.
– Coca-Cola Co ($NYSE:KO)
Coca-Cola Co is a beverage company that manufactures and markets non-alcoholic syrups and concentrates. The company has a market cap of 258.82B as of 2022 and a Return on Equity of 35.17%. The company offers a wide range of products including sodas, juices, sports drinks, and waters. It operates in over 200 countries and has a global workforce of over 130,000 people.
– Coca-Cola Consolidated Inc ($NASDAQ:COKE)
Coca-Cola Consolidated Inc is one of the world’s largest beverage companies. The company produces, markets and sells a variety of non-alcoholic beverages, including soft drinks, juices, bottled water, sports drinks and teas. Coca-Cola Consolidated Inc has a market cap of 4.57B as of 2022 and a Return on Equity of 29.91%. The company operates in over 200 countries and employs over 31,000 people.
Summary
Metropolitan Life Insurance Company NY recently reduced its holdings in Keurig Dr Pepper Inc. (KDP). This reduction comes as the company’s share price has dropped since the beginning of this year. Analysts attribute the fall in share price to the company’s weak outlook, citing a general slowdown in the beverage industry and a challenging competitive landscape.
Despite these challenges, analysts believe that KDP is well-positioned for the long-term, with a strong brand portfolio, an innovative product pipeline, and cost savings initiatives. Going forward, investors should monitor Keurig Dr Pepper’s progress and consider adding it to a diversified portfolio.
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