PepsiCo and Beyond Meat to make plant-based food and drinks together

  • PepsiCo (NASDAQ:PEP) and Beyond Meat (NASDAQ:BYND) are joining forces to form The PLANeT Partnership.
  • The joint venture will develop, produce and market innovative snack and beverage products made from plant-based protein.
  • The JV will leverage Beyond Meat 's technology in plant-based protein development and PepsiCo 's marketing and commercial muscle.
  • Plant-based proteins represent an exciting growth opportunity for Pepsi and it is a new frontier in its efforts to build a more sustainable food system and be a positive force for people and the planet, while meeting consumer demand for an expanded portfolio of more nutritious products.

    Pepsico fundamentals

    For this year the company from Purchase could earn a total revenue around 69.69 billion USD. This is according to the average of the analysts' estimates. This is slightly more than 2019's revenue of 67.16 billion USD.

    Historical revenues and results PepsiCo plus estimates 2020

    aandelenanalysePepsico

    The analysts expect for 2020 a net profit of 7.66 billion USD. For this year most of the analysts expect a profit per share of 5.54 USD. The price-earnings-ratio equals 25.12.

    Per share the analysts are expecting a dividend of 4.02 USD per share. The dividend yield is then 2.89 percent. The average dividend yield of the beverage companies equals a low 0.36 percent.

    PepsiCo 's market capitalization is based on the number of outstanding shares around 196.12 billion USD. The PepsiCo stock was the past 12 months quite unstable. Since last January the stock is 0 percent lower. This year the stock price moved between 101 and 149 dollar.

    Historical stock prices PepsiCo period 2007-2020

    financial analysis pepsico

    Click here for dividend PepsiCo. At 22.00 the stock trades 1.88 percent lower at 139.19 USD.

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