Published: Sun, February 26, 2017
Health Care | By Jeffery Armstrong

Earnings Analysis of: The Coca-Cola Company (NYSE:KO)


02/10/2017 - Coca-Cola Company (The) had its "hold" rating reiterated by analysts at Gabelli. The highest analyst price target is $50.00, which implies a rally of 80 percent. The Market Capitalization of the company stands at 179.29 Billion. Credit Suisse Group AG assumed coverage on shares of Coca-Cola in a research note on Thursday, September 15th. According to a research note disclosed on Jan 09, 2017, analysts at Goldman have lowered their rating on these shares from Neutral to Sell. They set an "equal weight" rating and a $42.00 price objective for the company.

Zacks offers analysts with an Average Broker Rating (or ABR), basing it on sell-side recommendations.

The share price of Coca-Cola Company (The) (NYSE:KO) was up +0.14% during the last trading session, with a day high of 42.00. Coca-Cola Amatil has a 12-month low of $5.88 and a 12-month high of $8.11.

Coca-Cola European Partners Plc (NYSE:CCE) closed -1.44% below its 200-day moving average which many technicians use as a guide to the long-term trend, so stocks above the line are considered to be in longer-term uptrends, while those below it are considered to be in downtrends. The Company manufactures Coca-Cola products in approximately six countries in which it operates. The company reported $0.49 EPS for the quarter, topping analysts' consensus estimates of $0.48 by $0.01. The company earned $9.40 billion during the quarter, compared to the consensus estimate of $9.21 billion.

The Coca-Cola Company Gross Margin percentage stands at 60.7% while its Operating Margin for trailing twelve month is 20.6 percent and Profit margin (ttm) is 15.6 Percent. The business's revenue for the quarter was down 6.9% on a year-over-year basis. During the same period in the previous year, the business posted $0.51 earnings per share. The company reported $0.37 earnings per share for the quarter, meeting the Thomson Reuters' consensus estimate of $0.37. If you are accessing this piece on another domain, it was stolen and republished in violation of worldwide copyright laws. They now have a Dollars 47 price target on the stock.

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 15th. Investors of record on Wednesday, March 15th will be given a $0.37 dividend. The median estimate represents a +3.22% increase from the last price of 41.66. The ex-dividend date of this dividend was Tuesday, November 29th. The Coca-Cola Co (NYSE:KO) now has a P/E Ratio of 27.92. They now have a United States dollars 42 price target on the stock. The Coca-Cola Company got Downgrade on 19-Jan-17 where investment firm Wells Fargo Downgrade the stock from Outperform to Market Perform. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

A number of hedge funds have recently bought and sold shares of KO.

Turning to Lowe's Companies, Inc. Vanguard Group Inc. now owns 273,897,295 shares of the company's stock worth $12,415,764,000 after buying an additional 5,478,675 shares during the last quarter. The positive trend in dividend payments is noteworthy since very few companies in the Beverages (Nonalcoholic) industry pay a dividend. Emerald Acquisition Ltd. purchased a new stake in Coca-Cola during the second quarter worth $233,278,000. Barnett & Company Inc. increased its stake in Coca-Cola Company (The) by 27.7% in the third quarter.

The Coca-Cola Company has a consensus hold rating from 24 Wall Street analysts, and the number of shares now sold short amount to at least 0.81% of shares outstanding.

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