Stock Information :: The Coca-Cola Company KO
Coca-Cola (KO Quick QuoteKO – Free Report) has recently been on Zacks.com’s list of the most searched stocks. Therefore, you might want to consider some of the key factors that could influence the stock’s performance in the near future. Our experts picked 7 Zacks Rank #1 Strong Buy stocks with the best chance to skyrocket within the next days. The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
After all, it’s nearly impossible for a company to increase its earnings for an extended period without increasing its revenues. Coke is expected to post earnings of $0.48 per share for the current quarter, representing a year-over-year change of +6.7%. The PEG ratio bears resemblance to the frequently used P/E ratio, but this parameter also includes the company’s expected earnings growth trajectory.
- We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends.
- In Q3 2022, Coca-Cola had a debt-to-equity ratio of 2.78, down from 2.795 in 2021.
- Nearly all of these sectors reflect “necessities” and are considered sectors where consumers will focus their spending power in inflationary environments.
- To put the company’s growth and scale into perspective, one share of KO purchased at the IPO price of $40 was worth nearly $10 million in 2012 and the stock price has nearly doubled since then.
Analysts expect the company to announce $0.41 in earnings per share (EPS) and $8.93 billion in revenue. By combining these pro tips with astute financial analysis and proper risk management strategies, investors can enhance their ability to make lucrative investment choices within the ever-changing stock market landscape. When it comes to investing, one of the most crucial factors for success is staying on top of a company’s performance. The ability to make informed decisions relies heavily on understanding how a company is performing in the stock market. One effective way to track this performance is by using ticker symbols, and one such symbol that has stood the test of time is “KO” – representing the iconic soft drink giant, Coca Cola.
As reported on its third-quarter 10-Q, Coca-Cola’s total stockholders’ equity equals $22.81 billion. As of Dec. 23, 2022, Coca-Cola had 4,325 billion shares outstanding, giving it a market cap of approximately $275.5 billion. Ticker symbols act as unique identifiers for companies listed on stock exchanges, allowing investors to easily locate and monitor their stocks.
Click here to see the values of some of the valuation metrics that have driven this grade. Compared to the Zacks Consensus Estimate of $11.45 billion, the reported revenues represent a surprise of +4.39%. Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions. Margins are not dictated necessarily by the category in which you play in, but more by how you choose to play and your leadership position within a category. We believe we can grow our portfolio offerings while expanding margins through disciplined portfolio growth. Visit a quote page and your recently viewed tickers will be displayed here.
But Coke is on pace for another good growth year in 2024 and another year of rising dividends. Many factors have allowed the beverage giant to remain in the industry leadership spot over the past several decades. First and foremost, let’s unravel the mystery behind what a ticker symbol actually is. Think of it as an abbreviation or shorthand code used by market participants to identify and trade specific stocks.
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At The Coca-Cola Company, our strengths give us confidence in our ability to deliver long-term, sustainable shareowner value. Our long-term targets consist of solid revenue growth of 4% to 6%, strong operating leverage driving 6% to 8% operating income growth, delivering meaningful EPS growth and improving on our free cash flow conversion. Our focal points remain the two flywheels that drive our Total Beverage Company Strategy – enabling us to convert the top line to value creation. Coca-Cola’s revenue resurgence is thanks to a strategy focused on improving the company’s return on invested capital. For instance, Coca-Cola pared back its portfolio of beverage brands from around 400 to 200, allowing it to concentrate on the products with strong revenue and profit growth. Although accounting for about half the company’s product portfolio, the eliminated brands represented only 1% of revenue.
We essentially look at how sell-side analysts covering the stock are revising their earnings estimates to reflect the impact of the latest business trends. And if earnings estimates go up for a company, the fair value for its stock goes up. A higher fair value than the current market price drives investors’ interest in buying the stock, leading to its price moving higher. This is why empirical research shows a strong correlation between trends in earnings estimate revisions and near-term stock price movements. When it comes to the stock market, there are various factors that investors consider before making their investment decisions.
11 Wall Street research analysts have issued “buy,” “hold,” and “sell” ratings for Coca-Cola in the last year. The consensus among Wall Street research analysts is that investors should “moderate buy” KO shares. The Coca-Cola Company is headquartered in Atlanta, Georgia, and operates as a beverage company worldwide with sales in over 200 countries. The company manufactures, markets, and sells various nonalcoholic beverages and has expanded well beyond soda and pop. After years of expansion and acquisitions, The Coca-Cola Company is represented in verticals from sparkling soft drinks to flavored water, enhanced water, sports beverages, juice, dairy, tea, and coffee.
With the stock chart, you can assess historical highs and lows of KO’s stock. Once you have an idea on how to buy shares in Coca Cola, you should watch how well they perform. To monitor the performance of Coca Cola’s stock, understand how to read a stock chart and financial report. Coca-Cola comes with a strong balance sheet and a plethora of popular brands. The company has a long and successful history of adapting to ever-changing consumer tastes and global market conditions. For good reason, soft-drink giant Coca-Cola (KO -0.68%) is one of Warren Buffett’s favorite stocks.
Short answer coca cola ticker symbol:
Let’s look at elements of Coca-Cola’s capital structure, including its equity capitalization, debt capitalization, leveraging capacity, and enterprise value. All things considered, this would be a good time to buy Coca-Cola shares — and then hold on to them to collect the solid dividend. The time to sell may come eventually, but for now, Coca-Cola remains a worthwhile long-term investment.
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It also has a large snacks and packaged foods business that produces weaker profitability than Coke’s concentrate sales. Over the last four quarters, Coke surpassed consensus EPS estimates three times. The company topped consensus what are market movers revenue estimates each time over this period. While earnings growth is arguably the most superior indicator of a company’s financial health, nothing happens as such if a business isn’t able to grow its revenues.
This is because we believe the fair value for its stock is determined by the present value of its future stream of earnings. You are being directed to ZacksTrade, a division https://bigbostrade.com/ of LBMZ Securities and licensed broker-dealer. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security.
Yet the beverage titan doesn’t make much from the actual sparkling drinks you might buy at a fast-food chain or sporting event. These products, which executives refer to as “finished beverages,” account for just 44% of Coca-Cola’s sales. The bigger proportion comes from the company’s massive concentrate operations that deliver the remaining 56% of annual sales. Investors should also pay attention to any latest changes in analyst estimates for Coca-Cola. Such recent modifications usually signify the changing landscape of near-term business trends. As a result, we can interpret positive estimate revisions as a good sign for the company’s business outlook.