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How to Buy Coca Cola Stock

Coca Cola Co

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 $59.05, up 0.22% from the previous day, and has decreased 5.64% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 0.35 percentage points. Coca Cola stock is currently +14.55% from its 52-week low of $51.55, and -9.14% from its 52-week high of $64.99.

There are currently 4.31B KO shares outstanding. The market value of KO is $254.65B. In the last 24 hours, 11.04M KO shares were traded.

How to Buy Coca Cola Stock

Not sure how to invest in Coca Cola stock? Here's how.
  1. Decide where to buy Coca Cola stock: You need to pick an online brokerage, but don't worry - we've analyzed dozens of stock brokerages and apps to help you determine where to buy Coca Cola stock.
  2. Create a brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
  3. Deposit funds into your investment account: Select your payment method and add your details.
  4. Research Coca Cola stock: The Coca Cola ticker symbol is KO. Is Coca Cola stock a good investment? Should you buy shares of KO? How do KO's underlying business fundamentals look? Do top analysts think Coca Cola is a good buy? Why has KO's stock price moved recently? (Hint: Our stock market research website can help you evaluate if KO is a good stock to buy).
  5. Make your KO buy order: Decide if you will purchase KO shares at the current market price or use a limit order to buy KO stock at a specific price.
  6. Watch your investment in KO: Create a watchlist to get live updates on your investment in Coca Cola shares.

Step 1: Decide where to buy Coca Cola stock

You will need a brokerage account to access the NYSE market and buy KO stock.

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Step 2: Create a brokerage account

Now that you've chosen the right brokerage, you need to fill out some personal info so you can buy KO stock today.

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Step 3: Deposit funds into your investment account

Now that you have opened your account on one of the most highly reviewed stock apps, you need to deposit funds:

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Step 4: Research Coca Cola stock

Once you have selected the best place to buy Coca Cola stock, it's very important to evaluate their stock before you buy, so you actually comprehend the risk and upside.

Overview of key KO info

KO Price
$59.05
1w %
-0.42%
1y %
-5.64%
5y %
26.42%
P/E
23.81x
P/B
9.82x
P/S
5.58x
PEG
2.63x
Revenue
$45.75B
Earnings
$10.71B
Fore. Rev. Growth
3.29%
Fore. Earn. Growth
9.07%
Market Cap
$254.65B
Next Earnings
Apr 30, 2024
Next Dividend
N/A

Coca Cola Overview

WallStreetZen was built to help everyday investors do better fundamental analysis.

You can see all of the due diligence checks on KO's stock page.

Is KO stock overvalued?

Analysts use many financial metrics, analyses, models, and charts to gauge KO's true value.

Using relative valuations measures:

  • KO may be undervalued based on its P/E ratio of 23.81x, relative to Beverages - Non-Alcoholic industry P/E ratio of 37.06x
  • KO may be overvalued based on its P/B ratio of 9.82x, relative to Beverages - Non-Alcoholic industry P/B ratio of 6.82x
  • KO could be overvalued based on its PEG ratio of 2.63x

You can access additional valuation research on KO's stock here.

How do KO Financials look?

Passed Health Checks:

  • KO profit margin has gone up from 22.2% to 23.4% in the past year.
  • KO earnings of $14.49B is not enough to cover its interest payments.
  • Total KO debt is lower than 5 years ago, relative to shareholder equity.
  • KO's operating cash flow of $11.60B allows it to safely service it's debt of $42.06B.
  • There are more short-term assets than short-term liabilities on the KO balance sheet.

Failed Health Checks:

  • KO has a relatively high debt to equity ratio of 2.71.
  • There are more long-term liabilities than short-term assets on the KO balance sheet.

Is KO stock a Buy, Hold, or Sell, according to analysts?

Out of 6 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.

Latest KO Analyst Upgrades/Downgrades

Bryan Spillane, a top 24% 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.

Footnotes

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.

You can dig deeper into what analysts are saying on the Coca Cola stock forecast page.

KO Trading Indicators

SMA10
59.76
SMA20
60.1
SMA50
60.09
SMA100
59.56
SMA200
59
MACD
-0.25
MACD Signal
-0.08
MACD Histogram
-0.17
RSI
40.27
Stochastic %K
17.89
Stochastic %D
19.86
StochRSI %K
12.21
StochRSI %D
12.53

KO Revenue

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 8.6%.

You can research KO's earnings and revenue performance here.

What are KO insiders up to?

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.

Can I rely on KO as an income stream?

Coca Cola pays a dividend of 3.16%, compared to the Beverages - Non-Alcoholic industry's average dividend yield of 2.56%. If you owned $1,000 of KO stock, you would have been paid $31.58 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.

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Step 5: Make your KO buy order

You have two primary types of orders:

  • Market order: A market order is an order to buy or sell a security at the best possible price.
    Market orders are mostly sufficient.
  • Limit order: A limit order enables you to buy or sell a security at a specific price (or better).
    If you want to be sure you're buying or selling at a given price, place a limit order.

Hit the Open Trade button and your broker will place the order.

If you want more help investing in stocks on eToro, watch the helpful video below:

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Step 6: Watch your investment in KO

Now that you own some KO stock, you'll want to stay up-to-date on your new company.

Add KO to a watchlist to keep tabs on your KO stock.

KO Feed

How to Buy Stock in Coca Cola

To reiterate, here are the 6 steps for buying Coca Cola stock:

  1. Decide where to buy Coca Cola stock
  2. Create a brokerage account
  3. Deposit funds into your investment account
  4. Research Coca Cola stock
  5. Make your KO buy order
  6. Watch your investment in KO

If you need a place to buy stocks, eToro is our recommended venue.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

If you want to watch your new investment in Coca Cola, create a watchlist on WallStreetZen today.

NYSE: KO
$59.05+0.13 (+0.22%)
Updated Apr 11, 2024
Open eToro Account
NYSE: KO
$59.05+0.13 (+0.22%)
Updated Apr 11, 2024
Open eToro Account

FAQ

How much does it cost to buy one Coca Cola share?

As of Apr 11, 2024, it costs $59.05 to buy one share of Coca Cola stock.

Remember, eToro's fractional share buying allows you to buy partial shares of stocks and ETFs. Even if you only have $10, you can buy 0.169 shares of KO.

Get Started with eToro Today
eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.

Is now a good time to buy Coca Cola stock?

According to 6 Wall Street analysts who monitor Coca Cola, their consensus recommendation is to buy Coca Cola stock.

What is the best way to buy Coca Cola stock?

One way to place an order for Coca Cola stock is with a brokerage account.
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.