In the latest trading session,, 8.59 million Coca-Cola Co (NYSE:KO) shares changed hands as the company’s beta touched 0.44. With the company’s most recent per share price at $69.18 changed hands at -$0.89 or -1.28% at last look, the market valuation stands at $297.75B. KO’s current price is a discount, trading about -7.52% off its 52-week high of $74.38. The share price had its 52-week low at $60.62, which suggests the last value was 12.37% up since then. When we look at Coca-Cola Co’s average trading volume, we note the 10-day average is 17.05 million shares, with the 3-month average coming to 15.83 million.
Analysts gave the Coca-Cola Co (KO) stock a consensus recommendation rating of Buy, calculated at a mean rating of 1.46. If we narrow down to specifics, the data shows that 0 out of 16 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 3 recommended KO as a Hold, 13 felt it is a Buy and 0 rated the stock as Underweight.
Coca-Cola Co (NYSE:KO) trade information
Instantly KO was in red as seen in intraday trades today. With action -0.27%, the performance over the past five days has been red. The company’s shares are showing year-to-date upside of 6.11%, with the 5-day performance at -0.27% in the red. However, in the 30-day time frame, Coca-Cola Co (NYSE:KO) is 0.49% up. Looking at the short shares, we see there were 36.84 million shares sold at short interest cover period of 2.63 days.
The consensus price target for the stock as assigned by Wall Street analysts is 76, meaning bulls need an upside of 8.97% from its recent market value. According to analyst projections, KO’s forecast low is 76 with 76 as the target high. To hit the forecast high, the stock’s price needs a -9.86% plunge from its current level, while the stock would need to soar -9.86% for it to hit the projected low.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 3.54%. The 2025 estimates are for Coca-Cola Co earnings to increase by 3.25%, but the outlook for the next 5-year period is at 6.32% per year.
KO Dividends
Coca-Cola Co is expected to release its next quarterly earnings report on 2025-Apr-29. The 2.88% annual yield figure for the share gives it an annual dividend of 1.99. It is important to note, however, that the 2.88% dividend yield ratio should serve as a guide only, as you should also take into consideration many other aspects of a company’s operations and fundamentals before making any investment decision. During the past 5 years, the average dividend yield was 2.97 per year.
Coca-Cola Co (NYSE:KO)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 9.87% of Coca-Cola Co shares while 65.28% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 72.43%. There are 65.28% institutions holding the Coca-Cola Co stock share, with BERKSHIRE HATHAWAY INC the top institutional holder. As of 2024-06-30, the company held 9.2829% of the shares, roughly 400.0 million KO shares worth $25.46 billion.
VANGUARD GROUP INC holds the second largest percentage of outstanding shares, with 8.6029% or 370.7 million shares worth $23.6 billion as of 2024-06-30.