Embotelladora Andina (NYSE:AKO.B) Shares Gap Up - What's Next?

Key Points

• Embotelladora Andina shares gapped up pre-market, opening at $28.38 after a $27.02 close and last trading at $29.25 (the report notes the stock was trading up about 2.6%).
• The company beat Q results on EPS ($0.70 vs. $0.60) but slightly missed revenue estimates ($1.04B vs. $1.06B); analysts expect FY EPS of 1.77 and ratings are mixed though MarketBeat shows an average Buy.

Embotelladora Andina S.A. (NYSE:AKO.B - Get Free Report) shares gapped up prior to trading on Friday . The stock had previously closed at $27.02, but opened at $28.38. Embotelladora Andina shares last traded at $29.25, with a volume of 182 shares changing hands.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on AKO.B shares. Zacks Research upgraded Embotelladora Andina from a "strong sell" rating to a "hold" rating in a report on Monday, December 15th. Wall Street Zen downgraded Embotelladora Andina from a "buy" rating to a "hold" rating in a report on Saturday, February 28th. One equities research analyst has rated the stock with a Strong Buy rating and one has assigned a Hold rating to the company. According to MarketBeat, the stock currently has an average rating of "Buy".

Embotelladora Andina Trading Up 2.6%

The business has a 50 day moving average of $28.55 and a 200-day moving average of $27.43. The stock has a market cap of $4.61 billion, a PE ratio of 15.81 and a beta of 0.53.

Embotelladora Andina (NYSE:AKO.B - Get Free Report) last released its quarterly earnings results on Tuesday, January 27th. The company reported $0.70 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.60 by $0.10. The firm had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.06 billion. Embotelladora Andina had a return on equity of 24.42% and a net margin of 8.16%. Research analysts expect that Embotelladora Andina S.A. will post 1.77 EPS for the current fiscal year.

Embotelladora Andina Company Profile

Embotelladora Andina SA, together with its subsidiaries, produces, markets, and distributes Coca-Cola soft drinks in Chile, Brazil, Argentina, and Paraguay. It also offers fruit-flavored beverages, juices, sports and energy drinks, ice tea, and bottled water. Embotelladora Andina SA was founded in 1946 and is headquartered in Santiago, Chile.

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