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Pepsi Stock Chart Looks Bullish Ahead Of Q1 Ratings, But Analysts Are Cautious
PepsiCo Inc (NASDAQ:PEP) will be reporting its first-quarter earnings on April 23 before market hours.
Wall Street observers expect $1.52 in EPS and $18.12 billion in revenues.
Here’s a look at the stock:
PepsiCo stock is down 5.73% over the past year.
It’s up 2.53% year-to-date.
PepsiCo’s share price is currently above its 5, 20, and 50-day moving averages, indicating significant buying pressure and suggesting potential for further bullish movement.
Chart: Benzinga Pro
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With its price of $174.81, above the five-day simple moving average (SMA) of $171.64 and the 20-day SMA of $170.88, ...