The pursuit of outperformance leads many investors to carefully choose individual stocks. Picking the right ones can be a game-changer for growing your wealth.
In the latest session, Coca-Cola Co (NYSE: KO) closed at $65.56 down -1.66% from its previous closing price of $66.67. In other words, the price has decreased by -$1.66 from its previous closing price. On the day, 16.24 million shares were traded. KO stock price reached its highest trading level at $66.31 during the session, while it also had its lowest trading level at $65.52.
Ratios:
For a deeper understanding of Coca-Cola Co’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 15.55 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 82.77. For the most recent quarter (mrq), Quick Ratio is recorded 0.90 and its Current Ratio is at 1.06. In the meantime, Its Debt-to-Equity ratio is 1.74 whereas as Long-Term Debt/Eq ratio is at 1.62.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Exane BNP Paribas on June 24, 2024, initiated with a Outperform rating and assigned the stock a target price of $72.
On January 17, 2024, Citigroup reiterated its Buy rating and also lowered its target price recommendation from $67 to $68.
On November 13, 2023, Jefferies started tracking the stock assigning a Hold rating and target price of $64.Jefferies initiated its Hold rating on November 13, 2023, with a $64 target price.
Insider Transactions:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. A recent insider transaction in this stock occurred on Aug 27 ’24 when QUAN NANCY sold 18,484 shares for $71.50 per share. The transaction valued at 1,321,606 led to the insider holds 223,330 shares of the business.
Quincey James sold 42,397 shares of KO for $2,968,569 on Aug 26 ’24. The Chairman and CEO now owns 442,546 shares after completing the transaction at $70.02 per share. On Aug 26 ’24, another insider, Marc J. Bolland, who serves as the Former Director of the company, bought 10,000 shares for $69.79 each.
Valuation Measures:
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, KO now has a Market Capitalization of 287200641024 and an Enterprise Value of 313009176576. As of this moment, Coca-Cola’s Price-to-Earnings (P/E) ratio for their current fiscal year is 27.23, and their Forward P/E ratio for the next fiscal year is 22.01. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 4.97. For the stock, the TTM Price-to-Sale (P/S) ratio is 6.09 while its Price-to-Book (P/B) ratio in mrq is 10.66. Its current Enterprise Value per Revenue stands at 6.751 whereas that against EBITDA is 21.108.
Stock Price History:
Over the past 52 weeks, KO has reached a high of $73.53, while it has fallen to a 52-week low of $55.42. The 50-Day Moving Average of the stock is -6.98%, while the 200-Day Moving Average is calculated to be 1.95%.
Shares Statistics:
For the past three months, KO has traded an average of 14.00M shares per day and 14891230 over the past ten days. A total of 4.31B shares are outstanding, with a floating share count of 4.27B. Insiders hold about 0.77% of the company’s shares, while institutions hold 72.73% stake in the company. Shares short for KO as of 1728950400 were 31869171 with a Short Ratio of 2.28, compared to 1726185600 on 40649996. Therefore, it implies a Short% of Shares Outstanding of 31869171 and a Short% of Float of 0.75.
Dividends & Splits
According to the company, the forward annual dividend rate for KO is 1.92, from 1.915 in the trailing year. Against a Trailing Annual Dividend Yield of 0.028723564The stock’s 5-year Average Dividend Yield is 3.02.
