Searching For Real Value In Market Debris At Coca-Cola Co (NYSE: KO)

After Hours

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. Yahoo Finance discussed the stock recently as it posted The Coca-Cola Company Announces Participation in UBS Global Consumer and Retail Conference.

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Stocks Info

As a NYSE listed company, KO falls under the Consumer Defensive sector while operating within the Beverages – Non-Alcoholic industry segment. The current market capitalization of Coca-Cola Co is $263.92B. A total of 12.26 million shares were traded on the day, compared to an average of 14.76M shares.

Insider Activity

Aside from predicting where a stock will go, investors also consider insider trades as an indicator of the stock’s future direction. During the recent three months, KO has seen 0 BUY and 0 SELL insider trades, representing the acquisition of 0 and the disposition of 0 shares. Over the last 12 months, there were 14 BUYs and 18 SELLs from insiders. Insiders purchased 1,010,722 shares during that period but sold 1,288,804.

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

Investors prefer companies that pay dividends because dividends generate immediate cash flow and indicate a positive outlook. Coca-Cola Co pays an annual dividend of $1.84, resulting in a dividend yield of 3.01%, and it has a price to earnings (P/E) ratio of 24.79. KO’s most recent ex-dividend date was 3/14/2024 when it declared a $0.4850 quarterly dividend that was paid in cash on 4/1/2024. Previously, the company paid the dividend on 12/15/2023 with an ex-dividend date of 11/30/2023. The KO stock dividend was $0.46 per share in cash.

In spite of price targets being rarely accurate, it tends to exert some kind influence from time to time, and was often accepted by the market as having some value. According to analysts who have offered 12-month price targets for KO in the last 3 months, the mean price target is $66.25 with high estimates of $74.00 and low estimates of $60.00. 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 $0.7 per share for the current quarter. EPS was calculated based on a consensus of 16 estimates, with a high estimate of $0.73 per share and a lower estimate of $0.68. The company reported an EPS of $0.67 in the last quarter, which was 6.30% higher than expectations of $0.63.

Balance Sheet Annually/Quarterly

The balance sheet of a company shows what assets and liabilities a company has, as well as the amount, equity investors have invested. With the help of this information, a company’s financial ratios can be calculated to give investors an overview of the company’s prospects. 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 $6.02, while its Total Shareholder’s Equity was $24.86B.

Analysts Opinion

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. 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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