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Tuesday, September 26, 2023

Is The Coca-Cola Company (NYSE: KO) No Longer A Good Investment?

After Hours

After-hours and pre-market trading may carry slightly higher risks than regular market hours. As issuers often announce important financial information outside regular trading hours, extended-hours trading may result in wider spreads for a particular security. That is because extended-hours trading may result in lower liquidity and higher volatility. After-hours trades for The Coca-Cola Company (KO) shows that investor sentiment remained intact, with the stock’s consolidated last price rising by $0.02, or 0.03%, to $58.32. The The Coca-Cola Company has recorded 881,716 volume in the after hours trading session. Most recently, Yahoo Finance reported about the stock as it publicized that The Coca-Cola Company to Participate in Barclays Global Consumer Staples Conference and Bernstein ESG Conference.

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Stocks Info

KO belongs to the Consumer Defensive sector of the NYSE while operating in the Beverages – Non-Alcoholic industry. At the end of the last regular session, the stock closed at $58.30 and fluctuated between $59.00 as its day high and $58.19 as its day low. The current market capitalization of The Coca-Cola Company is $252.11B. A total of 12.26 million shares were traded on the day, compared to an average of 12.18M shares.

Insider Activity

Investors also take into account insider trades in predicting how the stock will perform in the future. During the recent three months, KO has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 206,290 and the disposition of 206,290 shares. Over the last 12 months, there were 42 BUYs and 37 SELLs from insiders. Insiders purchased 2,847,251 shares during that period but sold 3,112,467.

In the most recent transaction, Douglas Monica Howard sold 21,074 shares of KO for 60.90 per share on Aug 10. After the transaction, the SVP & General Counsel now owns 18,360 company shares. In a previous transaction on Aug 02, MURPHY JOHN sold 156,290 shares at 62.10 per share. KO shares that President and CFO owns now total 228,830.

Among the insiders who sold shares, Perez Beatriz R disposed of 50,000 shares on Jul 27 at a per-share price of $62.66. This resulted in the Senior Vice President holding 143,383 shares of KO after the transaction. In another insider transaction, Braun Henrique sold 16,950 shares at $64.03 per share on May 12. Company shares held by the President International Dev. now total 26,272.


Paying dividends generates immediate cash flow for investors and indicates a positive outlook for the company. The Coca-Cola Company pays an annual dividend of $1.84, resulting in a dividend yield of 3.16%, and it has a price to earnings (P/E) ratio of 24.10. KO’s most recent ex-dividend date was 9/14/2023 when it declared a $0.46 quarterly dividend that was paid in cash on 10/2/2023. Previously, the company paid the dividend on 7/3/2023 with an ex-dividend date of 6/15/2023. The KO stock dividend was $0.46 per share in cash.

While price targets are rarely accurate, they tend to exert some kind of influence from time to time and are often taken into account by investors. According to analysts who have offered 12-month price targets for KO in the last 3 months, the mean price target is $70.32 with high estimates of $76.00 and low estimates of $63.00. In terms of 52-week highs and lows, KO has a high of $64.99 and a low of $54.01.

As of this writing, KO has an earnings estimate of $0.7 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.72 per share and a lower estimate of $0.68. The company reported an EPS of $0.68 in the last quarter, which was 6.30% higher than expectations of $0.64.

Balance Sheet Annually/Quarterly

An organization’s balance sheet depicts the assets and liabilities it has, as well as the amount of equity invested. Investors can measure a company’s prospects by calculating its financial ratios using this information. KO’s latest balance sheet shows that the firm has $12.62B in Cash & Short Term Investments as of fiscal 2021. There were $42.76B in debt and $19.95B in liabilities at the time. Its Book Value Per Share was $6.01, while its Total Shareholder’s Equity was $24.86B.

Analysts Opinion

There is a slight risk associated with trading before and after the market open. Due to lower liquidity and higher volatility, extended-hours trading may result in wider spreads on particular security due to the release of critical financial information after regular trading hours. Currently, 0 analysts are providing their opinions on the stock. On a scale of 1 to 5, with 1 being Sell and 5 being Buy, the average analyst rating for KO is Buy with a score of 4.64.

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