Independent research on the U.S. markets, Baptista Research

Baptista Research

Independent research on the U.S. markets

Baptista Research is an independent financial research house focused on the U.S. markets. We provide equity research as well as credit research reports on the top-listed U.S. companies with most of our focus on technology, consumer goods and services, automobiles, industrials, oil and gas, pharma, and healthcare. Our research has served more than 3000 institutional investors including mutual funds, hedge funds, banks, family offices, and various buy-side firms. We operate a research subscription service where institutions, as well as retail investors, can have priority access to all our research. We also have a wide distribution of our research reports across some of the top global financial platforms. Apart from equity research and credit research, we also provide advisory services with respect to mergers & acquisitions (M&A), private equity/ venture capital fundraising, valuation reports, and investment management services for corporates.
Baptista Research is owned and managed by Ishan Majumdar, an ex-Venture Capitalist/ Investment Banker, a Chartered Accountant, and a Masters’ degree holder in Management from HEC Paris. Ishan has nearly a decade of experience in Mergers and Acquisitions, Leveraged Buyouts (LBOs), Venture Capital Investing, Corporate Strategy, and Valuation in front-office roles at the likes of BNP Paribas CIB, Credit Agricole CIB, Groupe Danone, and TIW Private Equity. He has worked on and closed multiple acquisition deals, leveraged buyouts, and start-up investment transactions.

Equity Bottom-Up

<ul><li>Keurig Dr Pepper (KDP) has performed well in the first quarter of 2024, with solid consolidated sales growth and double-digit earnings per share (EPS) growth.</li><li>Key drivers of this performance include healthy momentum in its U.S. refreshment beverages and international segments, alongside a significant sequential recovery in U.S. Coffee results.</li><li>This strong start to the year has enhanced the visibility of KDP's unchanged growth outlook for 2024.</li></ul>

Keurig Dr Pepper (KDP) has performed well in the first quarter of 2024, with solid consolidated sales growth and double-digit earnings per share (EPS) growth.Key drivers of this performance include healthy momentum in its U.S. refreshment beverages and international segments, alongside a significant sequential recovery in U.S. Coffee results.This strong start to the year has enhanced the visibility of KDP's unchanged growth outlook for 2024.

Keurig Dr Pepper Inc.: A Tale Of Building Momentum In U.S. Refreshment Beverages! - Major Drivers

<ul><li>Based on the recent earnings of Keurig Dr Pepper (KDP), one might observe a mixed outlook for the company.</li><li>KDP delivered promising growth in its majority business areas and leveraged capital efficient partnerships to penetrate high-growth markets.</li><li>These moves contributed to the 5% growth in full-year constant currency net sales and 6% advancement in EPS. However, it is important to note that the strong EPS growth was largely due to eliminating the contribution from non operational gains, implying a heavy reliance on non-operational items in previous years.</li></ul>

Based on the recent earnings of Keurig Dr Pepper (KDP), one might observe a mixed outlook for the company.KDP delivered promising growth in its majority business areas and leveraged capital efficient partnerships to penetrate high-growth markets.These moves contributed to the 5% growth in full-year constant currency net sales and 6% advancement in EPS. However, it is important to note that the strong EPS growth was largely due to eliminating the contribution from non operational gains, implying a heavy reliance on non-operational items in previous years.

Keurig Dr Pepper Inc.: Investing in Innovation & Expansion To Expand Market Share! - Key Drivers

<ul><li>Keurig Dr Pepper delivered a solid result and managed an all-around beat in the last quarter.</li><li>The consolidated results of the quarter were quite healthy, with strong revenue momentum and sequentially accelerating EPS and income growth.</li><li>In the CSD category, Dr Pepper gained market share, strengthened by the success of Strawberries and Cream and the continued momentum of Dr Pepper Zero Sugar.</li></ul>

Keurig Dr Pepper delivered a solid result and managed an all-around beat in the last quarter.The consolidated results of the quarter were quite healthy, with strong revenue momentum and sequentially accelerating EPS and income growth.In the CSD category, Dr Pepper gained market share, strengthened by the success of Strawberries and Cream and the continued momentum of Dr Pepper Zero Sugar.

Keurig Dr Pepper Inc.: Collaboration with La Colombe & Other Major Developments

<ul><li>The last quarter proved to be a successful one for Keurig Dr Pepper.</li><li>Their U.S. refreshment beverages segment performed exceptionally well, with share gains in multiple categories and significant market share growth for brands like Dr.</li><li>Pepper.</li></ul>

The last quarter proved to be a successful one for Keurig Dr Pepper.Their U.S. refreshment beverages segment performed exceptionally well, with share gains in multiple categories and significant market share growth for brands like Dr.Pepper.

Keurig Dr Pepper Inc.: Does The Long-Term Growth Potential of Single-Serve Pod Business Make It A Buy? – Key Drivers

Value Investing

Vladimir Dimitrov, CFA

<ul>
<li>Keurig Dr Pepper share price has been under pressure over the recent months due to higher than expected drop in profitability.</li>
<li>Beverage segments, however, continue to perform well and would most likely offset weaknesses in coffee.</li>
<li>Investors should not expect a quick rebound in the company's free cash flow.</li>
</ul>


Keurig Dr Pepper share price has been under pressure over the recent months due to higher than expected drop in profitability.
Beverage segments, however, continue to perform well and would most likely offset weaknesses in coffee.
Investors should not expect a quick rebound in the company's free cash flow.


Keurig Dr Pepper: The Recent Share Price Drop Might Not Last For Long

United States

Keurig Dr Pepper Inc. manufactures and distributes non-alcoholic beverages. The Company offers soft drinks, juices, teas, mixers, water, and other beverages. Keurig Dr Pepper serves customers in the United States, Canada, and Mexico.

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Keurig Dr Pepper (KDP US)

Keurig Dr Pepper Inc.: A Tale Of Building Momentum In U.S. Refreshment Beverages! - Major Drivers

Keurig Dr Pepper (KDP) has performed well in the first quarter of 2024, with solid consolidated sales growth and double-digit earnings per share...

Baptista Research

Keurig Dr Pepper Inc.: Collaboration with La Colombe & Other Major Developments

Keurig Dr Pepper delivered a solid result and managed an all-around beat in the last quarter. The consolidated results of the quarter were quite...

Baptista Research

Keurig Dr Pepper Inc.: Does The Long-Term Growth Potential of Single-Serve Pod Business Make It A Buy? – Key Drivers

The last quarter proved to be a successful one for Keurig Dr Pepper. Their U.S. refreshment beverages segment performed exceptionally well, with...

Baptista Research

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Keurig Dr Pepper Inc.: A Tale Of Building Momentum In U.S. Refreshment Beverages! - Major Drivers

Keurig Dr Pepper (KDP) has performed well in the first quarter of 2024, with solid consolidated sales growth and double-digit earnings per share...

Baptista Research

Keurig Dr Pepper Inc.: Investing in Innovation & Expansion To Expand Market Share! - Key Drivers

Based on the recent earnings of Keurig Dr Pepper (KDP), one might observe a mixed outlook for the company. KDP delivered promising growth in its...

Baptista Research

Keurig Dr Pepper Inc.: Collaboration with La Colombe & Other Major Developments

Keurig Dr Pepper delivered a solid result and managed an all-around beat in the last quarter. The consolidated results of the quarter were quite...

Baptista Research

Keurig Dr Pepper Inc.: Does The Long-Term Growth Potential of Single-Serve Pod Business Make It A Buy? – Key Drivers

The last quarter proved to be a successful one for Keurig Dr Pepper. Their U.S. refreshment beverages segment performed exceptionally well, with...

Baptista Research

Keurig Dr Pepper: The Recent Share Price Drop Might Not Last For Long

Keurig Dr Pepper share price has been under pressure over the recent months due to higher than expected drop in profitability.

Vladimir Dimitrov, CFA