StockNews.com downgraded shares of Keurig Dr Pepper (NYSE:KDP – Get Rating) from a buy rating to a hold rating in a research report sent to investors on Monday.
KDP opened at $35.21 on Monday. Keurig Dr Pepper has a 52-week low of $32.44 and a 52-week high of $39.35. The stock’s 50-day moving average is $36.10.
Keurig Dr Pepper (NYSE:KDP – Get Rating) last released its earnings results on Thursday, April 28th. The company reported $0.33 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.33. The company had revenue of $3.08 billion for the quarter, compared to the consensus estimate of $3.02 billion.
Keurig Dr Pepper Inc operates as a beverage company in the United States and internationally. It operates through Coffee Systems, Packaged Beverages, Beverage Concentrates, and Latin America Beverages segments. The Coffee Systems segment manufactures and distributes various finished goods related to its coffee systems, K-Cup pods, and brewers, as well as specialty coffee.
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