Coca-Cola Co (KO): A Great Stock For Handling Current Market Conditions?

Currently, there are 4.31B common shares owned by the public and among those 4.28B shares have been available to trade.

The company’s stock has a 5-day price change of 0.88% and 12.40% over the past three months. KO shares are trading 18.43% year to date (YTD), with the 12-month market performance up to 15.80% higher. It has a 12-month low price of $51.55 and touched a high of $70.13 over the same period. KO has an average intraday trading volume of 12.25 million shares. The stock is trading above its simple moving averages at the SMA20, SMA50, and SMA200, as the current price level is off by 2.04%, 6.40%, and 13.51% respectively.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Institutional ownership of Coca-Cola Co (NYSE: KO) shares accounts for 73.59% of the company’s 4.31B shares outstanding.

It has a market capitalization of $300.79B and a beta (3y monthly) value of 0.60. The stock’s trailing 12-month PE ratio is 28.37, while the earnings-per-share (ttm) stands at $2.46. The company has a PEG of 4.68 and a Quick Ratio of 0.92 with the debt-to-equity ratio at 1.69. Price movements for the stock have been influenced by the stock’s volatility, which stands at 1.17% over the week and 1.45% over the month.

Earnings per share for the fiscal year are expected to increase by 6.02%, and 6.36% over the next financial year. EPS should shrink at an annualized rate of 6.07% over the next five years, compared to 10.53% over the past 5-year period.

Looking at the support for the KO, a number of firms have released research notes about the stock. Exane BNP Paribas stated their Outperform rating for the stock in a research note on June 24, 2024, with the firm’s price target at $72. Citigroup coverage for the Coca-Cola Co (KO) stock in a research note released on January 17, 2024 offered a Buy rating with a price target of $68. Jefferies was of a view on November 13, 2023 that the stock is Hold, while JP Morgan gave the stock Overweight rating on July 14, 2023, issuing a price target of $68- $67. Citigroup on their part issued Buy rating on February 17, 2023.

Most Popular

Related Posts