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

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.

About Coca-Cola

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.