What Should You Do With Coca-Cola Co (NYSE: KO) At Current Prices?

During the recent session, Coca-Cola Co (NYSE:KO)’s traded shares were 3.07 million, with the beta value of the company hitting 0.59. At the last check today, the stock’s price was $65.20, reflecting an intraday gain of 0.02% or $0.01. The 52-week high for the KO share is $65.81, that puts it down -0.94 from that peak though still a striking 20.94% gain since the share price plummeted to a 52-week low of $51.55. The company’s market capitalization is $280.88B, and the average intraday trading volume over the past 10 days was 10.75 million shares, and the average trade volume was 11.78 million shares over the past three months.

Coca-Cola Co (KO) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 1.71. KO has a Sell rating from 0 analyst(s) out of 14 analysts who have looked at this stock. 3 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 11 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Coca-Cola Co (NYSE:KO) trade information

Coca-Cola Co (KO) registered a 0.02% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 0.02% in intraday trading to $65.20, hitting a weekly high. The stock’s 5-day price performance is 2.35%, and it has moved by 4.10% in 30 days. Based on these gigs, the overall price performance for the year is 5.78%. The short interest in Coca-Cola Co (NYSE:KO) is 31.82 million shares and it means that shorts have 2.65 day(s) to cover.

The extremes of the forecast give a target low and a target high price of $60 and $162 respectively. As a result, KO is trading at a discount of -148.47% off the target high and 7.98% off the low.

Coca-Cola Co (KO) estimates and forecasts

Statistics show that Coca-Cola Co has underperformed its competitors in share price, compared to the industry in which it operates. Coca-Cola Co (KO) shares have gone up 8.38% during the last six months, with a year-to-date growth rate less than the industry average at 4.83% against 20.20.

An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 10.53%. While earnings are projected to return 4.90% in 2024, the next five years will return 6.04% per annum.

KO Dividends

Coca-Cola Co is due to release its next quarterly earnings in August. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Coca-Cola Co is 1.89, with the dividend yield indicating at 2.90 percent, continuing the trend of increasing dividends in recent years. The average dividend yield of the company for the last 5 years is 3.03%.

Coca-Cola Co (NYSE:KO)’s Major holders

The next largest institutional holding, with 369.36 million shares, is of VANGUARD GROUP INC’s that is approximately 8.556% of outstanding shares. At the market price on 2024-03-31, these shares were valued at $22.6 billion.