Company Update: PepsiCo Inc (NYSE:PEP) – PepsiCo’s Doritos Brand Reveals Final Three Consumer-Created "Crash The Super Bowl" Ads Vying For $1 Million Grand Prize, Super Bowl 50 Airtime And Exclusive Opportunity With Warner Bros. Pictures, DC Entertainment And Director Zack Snyder

[PR Newswire] – PLANO, Texas, Jan. 4, 2016 /PRNewswire/ — There’s a certain magic to the number three — and for the very last “Crash the Super Bowl” contest, the Doritos brand is going to embrace it. After all, good things always come in threes. The three finalists will be competing to not only see their commercial aired during the Super Bowl 50 broadcast, but the chance to win a grand prize with Super Heroic ambitions: $1 million and an opportunity to collaborate with director Zack Snyder while working with Warner Bros. Pictures and DC Entertainment. Read more on this. Pepsico, Inc. (PEP) , with a current market cap of $142.87B, opened at $98.56. Looking at today’s trading action, the company’s one day range from $97.86 to $99.00 with a trailing 52-week range being $76.48 to $103.44. Priced at 21.91x this year’s forecasted earnings, PEP shares are relatively inexpensive compared to the industry’s 37.44x forward p/e ratio. And for dividend hunters, the company pays shareholders $2.81 per share annually in dividends, yielding 2.81%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $1.06 per share, which would be $0.06 worse than the year-ago quarter and a $0.04 sequential decrease. The full-year EPS estimate is $4.56 which would be a $0.07 setback than last year’s full-year earnings. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $18.61 Billion. If realized, that would be a 6.72% decrease over the year-ago quarter. In terms of ratings, Nomura upgraded PEP from Reduce to Neutral (Nov 23, 2015). Previously, Sterne Agee CRT Initiated PEP at to Buy. When considering if the stock is under or overvalued, the average price target is $105.70, which is 7.24% above where the stock opened this morning. See more in (NYSE:PEP) Similar Articles: Company Update: PepsiCo Inc (NYSE:PEP) – Doritos Brand Issues Last Call Ever For Fans Around The World To Create Doritos Ads In Its Crash The Super Bowl Contest Market Update (NYSE:PEP): Barfresh Announces Exclusive Sales Agreement With PepsiCo North America Beverages Market Update: PepsiCo Inc (NYSE:PEP) – Doritos Brand, For The Last Time, Sponsors $1 Million Grand Prize In Ultimate Crash The Super Bowl Contest And Exclusive Opportunity With Warner Bros. Pictures, DC Entertainment And Director Zack Snyder