Zacks Research Increases Earnings Estimates for CocaCola

Key Points

• Zacks Research has increased its FY2025 earnings per share (EPS) estimate for CocaCola to $2.97, up from $2.96, indicating a positive outlook for the company's financial performance.
• In its most recent quarterly earnings report, CocaCola exceeded analysts' expectations with $0.87 EPS, surpassing the consensus estimate of $0.83 EPS.
• CocaCola is currently offering a quarterly dividend of $0.51, with a dividend yield of 2.9%, reflecting the company's commitment to returning value to shareholders.

CocaCola Company (The) (NYSE:KO - Free Report) - Zacks Research lifted their FY2025 EPS estimates for CocaCola in a research report issued to clients and investors on Tuesday, August 5th. Zacks Research analyst R. Lohia now anticipates that the company will earn $2.97 per share for the year, up from their previous estimate of $2.96. The consensus estimate for CocaCola's current full-year earnings is $2.96 per share. Zacks Research also issued estimates for CocaCola's Q2 2026 earnings at $0.93 EPS, Q3 2026 earnings at $0.87 EPS, FY2026 earnings at $3.23 EPS, Q2 2027 earnings at $0.99 EPS and FY2027 earnings at $3.45 EPS.

CocaCola (NYSE:KO - Get Free Report) last announced its quarterly earnings results on Tuesday, July 22nd. The company reported $0.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.04. The company had revenue of $12.50 billion for the quarter, compared to the consensus estimate of $12.55 billion. CocaCola had a net margin of 25.89% and a return on equity of 44.91%. The company's revenue for the quarter was up 2.5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.84 earnings per share.

Other equities analysts also recently issued research reports about the stock. Cfra Research raised shares of CocaCola to a "strong-buy" rating in a research note on Tuesday, April 15th. BNP Paribas reissued an "outperform" rating and set a $83.00 price objective on shares of CocaCola in a research note on Monday, July 21st. Royal Bank Of Canada set a $76.00 price objective on shares of CocaCola and gave the company an "outperform" rating in a research note on Monday, July 21st. Morgan Stanley reissued an "overweight" rating and set a $81.00 price objective on shares of CocaCola in a research note on Monday, June 9th. Finally, JPMorgan Chase & Co. upped their price objective on shares of CocaCola from $77.00 to $79.00 and gave the company an "overweight" rating in a research note on Wednesday, July 23rd. One analyst has rated the stock with a hold rating, fourteen have issued a buy rating and two have assigned a strong buy rating to the stock. According to MarketBeat.com, CocaCola presently has a consensus rating of "Buy" and an average price target of $77.21.

CocaCola Trading Down 0.2%

Shares of KO traded down $0.11 on Thursday, hitting $70.32. 9,229,863 shares of the stock traded hands, compared to its average volume of 14,864,419. The company has a quick ratio of 0.98, a current ratio of 1.21 and a debt-to-equity ratio of 1.49. The firm has a market capitalization of $302.63 billion, a P/E ratio of 24.94, a P/E/G ratio of 3.67 and a beta of 0.44. The stock's 50 day moving average is $70.13 and its two-hundred day moving average is $69.83. CocaCola has a 1 year low of $60.62 and a 1 year high of $74.38.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, October 1st. Investors of record on Monday, September 15th will be issued a dividend of $0.51 per share. This represents a $2.04 dividend on an annualized basis and a yield of 2.9%. The ex-dividend date of this dividend is Monday, September 15th. CocaCola's dividend payout ratio (DPR) is presently 72.34%.

Insiders Place Their Bets

In related news, insider Nikolaos Koumettis sold 37,396 shares of the firm's stock in a transaction on Tuesday, August 5th. The shares were sold at an average price of $69.10, for a total transaction of $2,584,063.60. Following the completion of the sale, the insider directly owned 209,513 shares of the company's stock, valued at approximately $14,477,348.30. This trade represents a 15.15% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CEO James Quincey sold 266,403 shares of the firm's stock in a transaction on Friday, May 30th. The stock was sold at an average price of $72.06, for a total transaction of $19,197,000.18. Following the transaction, the chief executive officer directly owned 275,946 shares of the company's stock, valued at approximately $19,884,668.76. This represents a 49.12% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.97% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the business. MorganRosel Wealth Management LLC acquired a new position in shares of CocaCola during the first quarter worth approximately $25,000. 1248 Management LLC acquired a new position in shares of CocaCola in the 1st quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd increased its position in shares of CocaCola by 5,142.9% in the second quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company's stock worth $26,000 after acquiring an additional 360 shares in the last quarter. Garde Capital Inc. purchased a new position in shares of CocaCola in the first quarter worth approximately $30,000. Finally, Mizuho Securities Co. Ltd. increased its position in shares of CocaCola by 360.0% in the first quarter. Mizuho Securities Co. Ltd. now owns 460 shares of the company's stock worth $33,000 after acquiring an additional 360 shares in the last quarter. 70.26% of the stock is currently owned by institutional investors.

About CocaCola

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.