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NYSE:KO

Coca-Cola (KO) Stock Forecast, Price & News

$57.88

+0.34 (+0.59%)

(As of 10:58 AM ET)

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Today's Range: $57.52
▼
$57.91
50-Day Range: $57.54
▼
$63.07
52-Week Range: $54.01
▼
$64.99

Volume: 3.16 million shs
Average Volume: 13.12 million shs
Market Capitalization: $250.29 billion

P/E Ratio: 23.82
Dividend Yield: 3.18%
Price Target: $68.33

Coca-Cola MarketRank™ Forecast

Analyst Rating: Moderate Buy
2.75 Rating Score
Upside/Downside: 18.8% Upside
$68.33 Price Target
Short Interest: Healthy
0.53% of Float Sold Short
Dividend Strength: Strong
Based on Four Factors
Sustainability: -1.36
Upright™ Environmental Score
News Sentiment: 0.79
Based on 26 Articles This Week
Insider Trading: Selling Shares
$19.47 M Sold Last Quarter
Proj. Earnings Growth: 7.22%
From $2.63 to $2.82 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.37 out of 5 stars

Consumer Staples Sector

56th out of 136 stocks

Beverages Industry

2nd out of 11 stocks

2.4

Analyst's Opinion

Consensus Rating
Coca-Cola has received a consensus rating of Moderate Buy. The company's average rating score is 2.75, and is based on 9 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $68.33, Coca-Cola has a forecasted upside of 18.8% from its current price of $57.54.
Amount of Analyst Coverage
Coca-Cola has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
0.53% of the float of Coca-Cola has been sold short.
Short Interest Ratio / Days to Cover
Coca-Cola has a short interest ratio ("days to cover") of 1.9, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Coca-Cola has recently increased by 8.90%, indicating that investor sentiment is decreasing significantly.

3.3

Dividend Strength

Dividend Yield
Coca-Cola pays a meaningful dividend of 3.15%, higher than the bottom 25% of all stocks that pay dividends.
Dividend Growth
Coca-Cola has been increasing its dividend for 62 years.
Dividend Coverage
The dividend payout ratio of Coca-Cola is 75.72%. Payout ratios above 75% are not desirable because they may not be sustainable.
Dividend Sustainability
Based on earnings estimates, Coca-Cola will have a dividend payout ratio of 65.25% next year. This indicates that Coca-Cola will be able to sustain or increase its dividend.

0.8

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
Coca-Cola has received a -59.93% net impact score from Upright. The largest negative impact of Coca-Cola in category "Physical diseases" seems to be driven mostly by its "Sugar-sweetened soft drinks", "Artificially sweetened soft drinks", and "Energy drinks" products. See details.
Environmental Sustainability
The Environmental Impact score for Coca-Cola is -1.36.

3.2

News and Social Media Coverage

News Sentiment
Coca-Cola has a news sentiment score of 0.79. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.62 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 26 news articles for Coca-Cola this week, compared to 14 articles on an average week.
Search Interest
Only 153 people have searched for KO on MarketBeat in the last 30 days. This is a decrease of -29% compared to the previous 30 days.
MarketBeat Follows
113 people have added Coca-Cola to their MarketBeat watchlist in the last 30 days. This is an increase of 131% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Coca-Cola insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $19,467,980.00 in company stock.
Percentage Held by Insiders
Only 1.00% of the stock of Coca-Cola is held by insiders.
Percentage Held by Institutions
68.96% of the stock of Coca-Cola is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

1.9

Earnings and Valuation

Earnings Growth
Earnings for Coca-Cola are expected to grow by 7.22% in the coming year, from $2.63 to $2.82 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Coca-Cola is 23.68, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 118.41.
Price to Earnings Ratio vs. Sector
The P/E ratio of Coca-Cola is 23.68, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 18.23.
Price to Earnings Growth Ratio
Coca-Cola has a PEG Ratio of 3.43. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Coca-Cola has a P/B Ratio of 9.64. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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About Coca-Cola (NYSE:KO) Stock

The Coca-Cola Company is one of the world’s most recognized brands. Founded in 1886, the company today is vastly different from its creator's original intent. The original formula was invented by John Stith Pemberton as a health drink, energy boost, and patent medicine following his time in the Civil War. The name is derived from two of the original ingredients coca leaves and kola nuts, although those ingredients are not used today, and was intended to be sold in pharmacies.

Pemberton sold his formula and brand in 1889 to Asa Griggs Candler who then embarked on a nationwide advertising campaign. By 1895 Coca-Cola was being sold in every state in the union and it wouldn’t be long before the beverage was being enjoyed worldwide. By 1889 the company was operating under a franchised distribution system that is still in effect today.

Today, the Coca-Cola Company primarily makes syrups that are shipped to bottler/distributors who command exclusive territories. The Coca-Cola Company retains ownership of the largest US bottler, Coca-Cola Refreshments but there are many others around the world. Coca-Cola Femsa, of which The Coca-Cola Company owns 28%, is located in Mexico and is the world’s largest bottler of Coca-Cola

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. Brands under the Coca-Cola umbrella include Fanta, Fresca, Schweppes, Sprite, Dasani, Gold Peak, Minute Maid, Simply, BODYARMOR, FUZE TEA, and Powerade brands.

The Coca-Cola Company first went public in 1919 and it began paying a dividend in 1920. The company has raised its dividend every year since 1962 making it a Dividend King. 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. Underwriters of the original IPO received $100,000 worth of shares in compensation for the deal and were able to sell it for $2 billion at that time. The Coca-Cola Company is also a component of the Dow Jones Industrial Average holding its position from 1932 to 1935 and from 1987 to the present.

KO Price History

30 days | 90 days | 365 days | Advanced Chart

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