The Street Is Finally Waking Up To Coca-Cola Co (NYSE: KO)

After Hours

The risks associated with pre-market and after-hours trading may be slightly higher than the regular market hours. The reason is that extended-hours trading may result in wider spreads for particular security due to lower liquidity and higher volatility as issuers often announce critical financial information outside regular trading hours. Earlier, Yahoo Finance discussed this stock as it revealed The Coca-Cola Company Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release.

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

Stocks Info

Coca-Cola Co is listed on the NYSE as a member of the Consumer Defensive sector and is a part of the Beverages – Non-Alcoholic industry. At the end of the last regular session, the stock closed at $59.99 and fluctuated between $60.43 as its day high and $59.85 as its day low. The current market capitalization of Coca-Cola Co is $259.36B. A total of 11.81 million shares were traded on the day, compared to an average of 14.56M shares.

Insider Activity

Additionally, investors take into account insider trades when predicting how a stock will perform. During the recent three months, KO has seen 5 BUY and 4 SELL insider trades, representing the acquisition of 264,211 and the disposition of 257,287 shares. Over the last 12 months, there were 44 BUYs and 37 SELLs from insiders. Insiders purchased 2,593,097 shares during that period but sold 2,070,798.

In the most recent transaction, Quincey James sold 92,028 shares of KO for 59.06 per share on Dec 18. After the transaction, the Chairman and CEO now owns 442,546 company shares. In a previous transaction on Nov 17, Braun Henrique sold 52,696 shares at 56.97 per share. KO shares that Senior Vice President owns now total 26,272.

Among the insiders who sold shares, Quincey James disposed of 92,028 shares on Nov 16 at a per-share price of $57.15. This resulted in the Chairman and CEO holding 442,546 shares of KO after the transaction. In another insider transaction, Perez Beatriz R sold 20,534 shares at $56.12 per share on Oct 26. Company shares held by the Senior Vice President now total 143,383.

Dividend

It is more appealing for investors to invest in companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook for the company. Coca-Cola Co pays an annual dividend of $1.81, resulting in a dividend yield of 3.01%, and it has a price to earnings (P/E) ratio of 24.18. KO’s most recent ex-dividend date was 11/30/2023 when it declared a $0.46 quarterly dividend that was paid in cash on 12/15/2023. Previously, the company paid the dividend on 10/2/2023 with an ex-dividend date of 9/14/2023. The KO stock dividend was $0.46 per share in cash.

Though price targets are rarely accurate, they can exert some influence from time to time and were often accepted as valuable by the market. According to analysts who have offered 12-month price targets for KO in the last 3 months, the mean price target is $65.54 with high estimates of $74.00 and low estimates of $59.00. In terms of 52-week highs and lows, KO has a high of $64.99 and a low of $51.55.

As of this writing, KO has an earnings estimate of $Coca-Cola Company (The) per share for the current quarter. EPS was calculated based on a consensus of Altria Group, Inc. estimates, with a high estimate of $Korean Won Futures,Feb-2024 per share and a lower estimate of $Realty Income Corporation.

Balance Sheet Annually/Quarterly

A balance sheet is a report that shows the company’s assets and liabilities. In addition, it shows how much equity investors have invested in the company. Investors can determine the company’s prospects by calculating its financial ratios based on 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 $6.09, while its Total Shareholder’s Equity was $24.86B.

Analysts Opinion

It may be riskier to trade before market opening and after market closing than during regular market hours. Since issuers often announce critical financial information outside regular trading hours. Extended-hours trading may result in wider spreads for particular securities due to lower liquidity and higher volatility. 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 4.53.

Most Popular

Related Posts