PepsiCo, Inc. is a large-cap stock valued at $198.9 billion, known for its diverse brand portfolio including Lay’s, Doritos, Gatorade, and more. Despite a recent 11.5% slip from its 52-week high, PEP remains a significant player in the industry, though currently underperforming the S&P 500 Index.

Shares of PEP have fallen 3.9% YTD and 10.4% in the past year, lagging behind the S&P 500’s gains. However, the stock has been trading above its moving averages since October. Following its Q3 results, PEP saw a 4% increase in shares with adjusted EPS surpassing expectations.

In comparison to rival Coca-Cola, PepsiCo is trailing behind, with analysts remaining moderately bullish on its future. With a consensus “Moderate Buy” rating and a mean price target of $156.05, PEP shows potential for a 6.8% upside from its current price levels.

Read more at Yahoo Finance: Is PepsiCo Stock Underperforming the S&P 500?