There’s No Need To Panic Or Freeze When It Comes 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. The stock was recently discussed on Yahoo Finance as it revealed that The Coca-Cola Company Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release.

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Stocks Info

The company is listed on the NYSE and operates within the Beverages – Non-Alcoholic industry segment. At the end of the last regular session, the stock closed at $60.54 and fluctuated between $60.87 as its day high and $60.23 as its day low. The current market capitalization of Coca-Cola Co is $261.74B. A total of 17.54 million shares were traded on the day, compared to an average of 14.26M shares.

Insider Activity

Furthermore, investors take into consideration insider trades when predicting a stock’s future trajectory. During the recent three months, KO has seen 2 BUY and 2 SELL insider trades, representing the acquisition of 144,724 and the disposition of 144,724 shares. Over the last 12 months, there were 43 BUYs and 36 SELLs from insiders. Insiders purchased 2,466,125 shares during that period but sold 1,943,826.

In the most recent transaction, Perez Beatriz R sold 22,700 shares of KO for 60.13 per share on Jan 31. After the transaction, the Executive Vice President now owns 143,383 company shares. In a previous transaction on Jan 30, Perez Beatriz R sold 52,300 shares at 60.00 per share. KO shares that Executive Vice President owns now total 143,383.

Among the insiders who sold shares, Quincey James disposed of 92,028 shares on Dec 18 at a per-share price of $59.06. This resulted in the Chairman and CEO holding 442,546 shares of KO after the transaction. In another insider transaction, Braun Henrique sold 52,696 shares at $56.97 per share on Nov 17. Company shares held by the Senior Vice President now total 26,272.

Dividend

The dividend paying company demonstrates a positive outlook for investors and helps them generate immediate cash. Coca-Cola Co pays an annual dividend of $1.81, resulting in a dividend yield of 2.99%, and it has a price to earnings (P/E) ratio of 24.41. 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.

It has been observed that price targets are rarely accurate, but they can exert some influence from time to time, and are often accepted as valuable in the market. According to analysts who have offered 12-month price targets for KO in the last 3 months, the mean price target is $65.73 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 $0.49 per share for the current quarter. EPS was calculated based on a consensus of 17 estimates, with a high estimate of $0.5 per share and a lower estimate of $0.47. The company reported an EPS of $0.78 in the last quarter, which was 8.30% higher than expectations of $0.72.

Balance Sheet Annually/Quarterly

An equity investor’s investment can be viewed on a balance sheet by looking at what assets and liabilities the company has. 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

There may be slightly higher risks associated with pre-market and after-hours trading than during regular market hours. Due to the fact that issuers often announce critical financial information outside of regular trading hours, extended-hours trading may result in wider spreads for particular securities. 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 4.44.

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