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PepsiCo has the Highest EPS Growth in the Soft Drinks Industry (PEP, CCE, KO)

Published on Wed, 03/27/2013 - 10:19
By Peter Chu

Below are the three companies in the Soft Drinks industry with the highest year-over-year expected earnings per share (EPS) growth rates.

PepsiCo (NYSE:PEP) is highest with EPS growth of 4.1%. PepsiCo, Inc. operates worldwide beverage, snack and food businesses. The Company manufacture or uses contract manufacturers, market and sell a variety of grain-based snacks, carbonated and non-carbonated beverages and foods in countries throughout the world.

There is potential upside of 1.7% for shares of PepsiCo based on a current price of $78.05 and an average consensus analyst price target of $79.42. The stock should discover initial support at its 50-day moving average (MA) of $74.57 and subsequent support at its 200-day MA of $71.41.

Following is Coca-Cola Enterprises (NYSE:CCE) with EPS growth of 2.5%.

Finishing up the top three is Coca-Cola (NYSE:KO), with EPS growth of 1.3%.

By Peter Chu
pchu@fnno.com