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 $63.81, up 0.42% from the previous day, and has increased 16.02% in one year. It has overperformed other stocks in the Beverages - Non-Alcoholic industry by 0.12 percentage points. Coca Cola stock is currently +18.13% from its 52-week low of $54.02, and -5.04% from its 52-week high of $67.20.
There are currently 4.32B KO shares outstanding. The market value of KO is $275.95B. In the last 24 hours, 9.95M KO shares were traded.
You will need a brokerage account to access the NYSE market and buy KO stock.
Based on our research, eToro is the best online stock brokerage. Here's why:
Get $10 towards your purchase of stock by opening an account with eToro today.Open eToro Account
Now that you've chosen the right brokerage, you need to fill out some personal info so you can buy KO stock today.
Watch this video walkthrough for more details transferring money into your investment account.
It's absolutely critical to evaluate stocks before you buy, so you actually understand the risk as well as the upside.
WallStreetZen was built to help part-time investors do better fundamental analysis quickly.
You can see all of the due diligence checks on KO's stock page.
You can use a variety of different financial metrics, analyses, models, and charts to gauge KO's fair value.
Using relative valuations measures:
You can do more valuation research on KO's stock here.
Out of 13 Equities analysts who give forecasts on KO, the consensus analyst rating on KO is a Buy
Chris Carey, a top 24% analyst from Wells Fargo maintains KO with a strong buy rating and raises their KO price target from $66.00 to $70.00, on Dec 8, 2022.
Steve Powers, a top 10% analyst from Deutsche Bank maintains KO with a hold rating and raises their KO price target from $59.00 to $62.00, on Dec 6, 2022.
Powers raised the firm's price target on The Coca-Cola Company by 5.1% after re-evaluating names in his Personal Care, Beverages, and Food portfolio.
Although the data points are "choppy," there have been several positive developments over the past several weeks, the analyst told investors.
Those include his expectation of "lower-than-expected" inflation in 2022/11, signals from the FED that the pace of rate hikes going forward will be "more deliberate," and signs of the Chinese government progressing away from the Zero-COVID policy*, Powers detailed.
Those positive developments may be negative for the relative returns of defensive assets, but not for those of consumer staples, he noted.
A "muddled and volatile macro environment will continue through 2023," Powers concluded, noting that a "less defensive posture of the market" remains his base case.
* From here: After dozens of protests starting in late 2022/11, China is set to announce a further relaxation of COVID control measures as soon as today, including reining in unnecessary testing and allowing some infected people to home quarantine.
Gerald Pascarelli, a top 28% analyst from Wedbush initiates coverage on KO with a buy rating and announces their KO price target of $63.00, on Oct 11, 2022.
Dara Mohsenian, a top 8% analyst from Morgan Stanley maintains KO with a strong buy rating and lowers their KO price target from $74.00 to $68.00, on Oct 4, 2022.
Kaumil Gajrawala, a bottom 2% analyst from Credit Suisse maintains KO with a buy rating and lowers their KO price target from $68.00 to $64.00, on Oct 3, 2022.
You can dive deeper into what analysts are projecting on the Coca Cola stock forecast page.
Last year, KO earnings were $9.93B. Over the last five year, KO's earnings have grown by 16.33% per year. This was faster than the Beverages - Non-Alcoholic industry average of 13.71%.
Last year, KO revenue was $42.34B. During the past five year, KO's revenue has grown by 2.56% per year. This was slower than the Beverages - Non-Alcoholic industry average of 7.5%.
You can analyze KO's earnings and revenue performance here.
In the last 12 months, executives and large shareholders at KO have sold more shares than they have bought.
Nancy Quan, SVP Chief Technical Officer of KO, was the latest KO insider to sell. They sold $840,196.76 worth of KO stock on Nov 18, 2022.
Learn more about who owns KO shares here.
Coca Cola pays a dividend of 2.76%, compared to the Beverages - Non-Alcoholic industry's average dividend yield of 2.84%. If you owned $1,000 of KO stock, you would have received $27.58 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.
One of the reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other community members have to say.
There are two main order types:
Press the Open button and eToro will place your order.
If you want additional help with investing in stocks on eToro, click the helpful video below:
Now that you own some KO shares, you'll want to stay up-to-date on your new shares.
Add KO to a watchlist to track the most important metrics related to your KO stock.
To reiterate, here are the 6 steps you need to take to buy Coca Cola stock right now:
If you are looking for a online brokerage, eToro is our recommended venue.Get Started with eToro Today
If you want to keep track of your investment in Coca Cola, add KO to your watchlist below.
How much does it cost to buy one Coca Cola share?
Is now a good time to buy Coca Cola stock?
What is the best way to buy Coca Cola stock?