Coca Cola is a beverage company located in Georgia, United States, which is part of the Consumer Defensive sector, and is traded under the ticker KO on the NYSE exchange.
Coca Cola stock last closed at $61.03, up 0.81% from the previous day, and has decreased 0.52% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 0.34 percentage points. Coca Cola stock is currently +18.39% from its 52-week low of $51.55, and -6.09% from its 52-week high of $64.99.
There are currently 4.31B KO shares outstanding. The market value of KO is $263.19B. In the last 24 hours, 12.38M KO shares were traded.
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You can see all of the due diligence checks on KO's stock page.
Analysts use many financial metrics, analyses, models, and charts to gauge KO's true value.
Using relative valuations measures:
You can access additional valuation research on KO's stock here.
Out of 7 Wall Street analysts who research KO, the consensus analyst rating on KO is a Strong Buy
It's important to keep in mind that analyst ratings are not stock recommendations, nor are they financial advice.
Bryan Spillane, a top 23% analyst from Bank of America maintains KO with a strong buy rating and lowers their KO price target from $74.00 to $60.00, on Oct 17, 2023.
Bank of America's Bryan Spillane lowered their price target on Coca Cola (NYSE: KO) by 18.9% from $74 to $60 on 2023/10/17. The analyst maintained their Strong Buy rating on the stock.
Spillane said their price target moves on names in their U.S. Consumer Staples portfolio were made to account for interest rates and updated forecasts.
Bank of America believes that the sector's Q3 earnings season will have "more limited surprise potential" than 1H delivered, the analyst added.
While the Household Product and Personal Care segments are predicted to see the most significant upward revision potential, Beverages will see only "modest" revisions, and Packaged Food will be "more of a mixed bag given volume weakness," Spillane detailed.
Coca-Cola will report its Q3 2023 earnings on 2023/10/24. Yahoo Finance reports that the current consensus EPS estimate for the quarter is $0.69 which, if achieved, would match Q3 2022's $0.69.
Filippo Falorni, a top 41% analyst from Citigroup maintains KO with a strong buy rating and lowers their KO price target from $74.00 to $65.00, on Oct 11, 2023.
You can dig deeper into what analysts are saying on the Coca Cola stock forecast page.
Last year, KO earnings were $10.71B. Over the past five year, KO's earnings have grown by 10.43% per year. This was faster than the Beverages - Non-Alcoholic industry average of 8.04%.
Last year, KO revenue was $45.75B. During the past 5 year, KO's revenue has grown by 5.93% per year. This was slower than the Beverages - Non-Alcoholic industry average of 8.63%.
You can research KO's earnings and revenue performance here.
In the past 12 months, insiders at KO have sold more shares than they have bought.
Nancy Quan, Executive Vice President of KO, was the latest KO insider to sell. They sold $3,492,104.90 worth of KO shares on Mar 13, 2024.
Research more about who owns KO shares here.
Coca Cola pays a dividend of 3.06%, compared to the Beverages - Non-Alcoholic industry's average dividend yield of 2.5%. If you owned $1,000 of KO stock, you would have been paid $30.56 in the past year.
Coca Cola dividend payments have consistently grown over the past decade and have remained stable.
Get more data about Coca Cola dividend yield and history here.
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