Free Trial

Coca-Cola (KO) Projected to Post Quarterly Earnings on Tuesday

Coca-Cola logo with Consumer Staples background

Coca-Cola (NYSE:KO - Get Free Report) is projected to issue its quarterly earnings data before the market opens on Tuesday, February 11th. Analysts expect the company to announce earnings of $0.51 per share and revenue of $10.70 billion for the quarter. Parties that are interested in participating in the company's conference call can do so using this link.

Coca-Cola Stock Performance

NYSE:KO traded up $0.48 during mid-day trading on Friday, reaching $63.84. The company's stock had a trading volume of 13,180,140 shares, compared to its average volume of 15,539,795. The company has a current ratio of 1.06, a quick ratio of 0.90 and a debt-to-equity ratio of 1.53. The stock has a market cap of $275.03 billion, a P/E ratio of 26.38, a PEG ratio of 3.56 and a beta of 0.61. The firm's fifty day moving average price is $62.54 and its two-hundred day moving average price is $66.32. Coca-Cola has a 12-month low of $57.93 and a 12-month high of $73.53.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on KO. UBS Group decreased their price objective on shares of Coca-Cola from $82.00 to $72.00 and set a "buy" rating for the company in a report on Thursday, January 16th. Truist Financial increased their price target on Coca-Cola from $70.00 to $80.00 and gave the company a "buy" rating in a report on Wednesday, October 16th. Morgan Stanley cut their price objective on Coca-Cola from $78.00 to $76.00 and set an "overweight" rating for the company in a report on Thursday, October 24th. Royal Bank of Canada reissued an "outperform" rating and issued a $69.00 target price on shares of Coca-Cola in a report on Thursday. Finally, Deutsche Bank Aktiengesellschaft raised shares of Coca-Cola from a "hold" rating to a "buy" rating and upped their price target for the company from $68.00 to $70.00 in a research report on Thursday, December 12th. Two research analysts have rated the stock with a hold rating, sixteen have issued a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $72.19.

Get Our Latest Stock Analysis on Coca-Cola

About Coca-Cola

(Get Free Report)

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

See Also

Earnings History for Coca-Cola (NYSE:KO)

Should You Invest $1,000 in CocaCola Right Now?

Before you consider CocaCola, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and CocaCola wasn't on the list.

While CocaCola currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here

Reduce the Risk Cover

Market downturns give many investors pause, and for good reason. Wondering how to offset this risk? Enter your email address to learn more about using beta to protect your portfolio.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Pelosi Makes Big Bet on Broadcom—Here’s Why It Matters
This Strategy Beat the S&P—And Most Investors Ignore It
NVDA Greenlight: China Sales Spark 50% Rally Potential

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines