Pepsi: Effervescent Results but Shares Fairly Priced
Management's focus on innovation and brand investments has led to improved performance.
Sonia Vora
Sonia Vora is an equity analyst for Morningstar Research Services LLC, a wholly owned subsidiary of Morningstar, Inc. She covers beverage stocks in the consumer sector. She joined Morningstar in 2014.
Vora holds a bachelor’s degree in economics from the University of Chicago.
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Boston Beer Still Looks Expensive
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Boston Beer's Valuation Is Too Frothy
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Refreshing Profits at Pepsi, Shares Attractive
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Pepsi's SodaStream Buy Sensible, Shares Attractive
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Still Some Pop Left in Pepsi
A leading portfolio of beverages and snacks will feed returns on invested capital.
Undervalued Pepsi Is a Compelling Opportunity
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Constellation Brands: Tepid Margins, but Outlook Intact
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Wide-Moat Pepsi Shares Trading at a Refreshing Discount
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Boston Beer Looks Frothy
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Coca-Cola's Profitability Strengthens
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Our Confidence in Undervalued General Mills Is Growing
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Pepsi's Softer Beverage Volume No Cause for Concern
We think the wide-moat company will be able to leverage line extensions and product innovation in its portfolio of leading brands to revitalize sales over the next several years.
Estee Lauder's Sitting Pretty
Leadership in the prestige beauty category gives it a wide economic moat.
Coca-Cola Serves Up Attractive Dividend Growth
We expect the beverage maker to generate high single-digit growth over the next decade.
Steady Pricing Growth Shows Coke’s Wide Moat
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Pepsi's Snack Business Fuels Growth
The wide-moat firm continues to maintain its leading position in a competitive landscape.
Molson Coors' Cost Savings Need Time to Materialize
Top-line gains will be feasible as a result of growth in the narrow-moat company’s above-premium offerings, share gains in the premium light segment, and improved branding in the economy segment.
Brown-Forman Can Overcome Headwinds
Despite near-term challenges, we see substantial opportunity in the above-premium whiskey market and contend that the wide-moat company will be a beneficiary of strong consumer demand for higher-end spirits.
The Pepsi Advantage
A robust portfolio of noncarbonated beverages and snacks will allow the wide-moat firm to weather declining carbonated soft drink volumes more easily than its peers.
Coca-Cola Meets Expectations in Fourth Quarter
Shares for the firm are slightly undervalued, but we stand by our fair value estimate.