In the last trading session, 15.34 million shares of the Coca-Cola Co (NYSE:KO) were traded, and its beta was 0.58. Most recently the company’s share price was $60.55, and it changed around $0.38 or 0.63% from the last close, which brings the market valuation of the company to $261.04B. KO currently trades at a discount to its 52-week high of $64.99, offering almost -7.33% off that amount. The share price’s 52-week low was $51.55, which indicates that the current value has risen by an impressive 14.86% since then. We note from Coca-Cola Co’s average daily trading volume that its 3-month average coming to 14.18 million.
Coca-Cola Co stock received a consensus recommendation rating of Hold, based on a mean score of 1.69. If we narrow it down even further, the data shows that 1 out of 25 analysts rate the stock as a Sell; another 4 rate it as Overweight. Among the rest, 13 recommended KO as a Hold, whereas 7 deemed it a Buy, and 0 rated it as Underweight. Coca-Cola Co is expected to report earnings per share of $Altria Group, Inc. for the current quarter.
Coca-Cola Co (NYSE:KO) trade information
Instantly KO has showed a green trend with a performance of 0.63% at the end of last trading. The performance over the last five days has remained in the green territory. The company’s shares are currently up 2.75% year-to-date, but still up 4.15% over the last five days. On the other hand, Coca-Cola Co (NYSE:KO) is 0.13% up in the 30-day period.
The consensus price target as assigned by Wall Street analysts is $72.57, which translates to bulls needing to increase their stock price by 16.56% from its current value. Analyst projections state that KO is forecast to be at a low of $60 and a high of $162.
Coca-Cola Co (KO) estimates and forecasts
Coca-Cola Co share prices are performing particularly well not compared to other companies within the same industry. As is evident from the statistics, the company’s shares have risen 11.41 percent over the past six months and at a 4.46% annual growth rate that is well below the industry average of 21.10%.
Looking at the company’s year-over-year earnings, the past five years showed a positive earnings growth rate of 10.53%. Coca-Cola Co earnings are expected to increase by 4.60% in 2024, but the outlook is positive 6.04% per year for the next five years.
KO Dividends
Coca-Cola Co’s next quarterly earnings report is expected to be released around April 22 and April 26. The annual dividend yield of the stock is 3.08 percent and its annual dividend per share was 1.86. It is important to note, however, that the 3.08% dividend yield ratio should be regarded as a guide only, as many other factors should be taken into consideration before making any investment decision.
