On Friday, Coca-Cola Co (NYSE: KO) was -0.56% drop from the session before settling in for the closing price of $67.30. A 52-week range for KO has been $55.10 – $73.53.
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Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 6.53%. When this article was written, the company’s average yearly earnings per share was at 6.08%. With a float of $4.27 billion, this company’s outstanding shares have now reached $4.31 billion.
Considering the fact that the conglomerate employs 79100 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 60.43%, operating margin of 20.61%, and the pretax margin is 27.52%.
Coca-Cola Co (KO) Insider Activity
Also, it is sometimes useful to examine the sentiment of large-scale investors toward Coca-Cola Co stocks. The insider ownership of Coca-Cola Co is 0.78%, while institutional ownership is 72.75%. The most recent insider transaction that took place on Aug 27 ’24, was worth 1,321,606. In this transaction Executive Vice President of this company sold 18,484 shares at a rate of $71.50, taking the stock ownership to the 223,330 shares. Before that another transaction happened on Aug 26 ’24, when Company’s Chairman and CEO sold 42,397 for $70.02, making the entire transaction worth $2,968,569. This insider now owns 442,546 shares in total.
Coca-Cola Co (KO) Earnings and Forecasts
Going through the last 3-months fiscal report unveiled on the 9/30/2024, it has been observed that the corporation posted 0.45 earnings per share (EPS) during the time that was better than consensus figure (set at 0.45) by 0. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.74 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 6.08% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 5.48% during the next five years compared to 10.53% growth over the previous five years of trading.
Coca-Cola Co (NYSE: KO) Trading Performance Indicators
You can see what Coca-Cola Co (KO) is doing with its current performance indicators. In the most recent quarter, the stock posted a quick ratio of 0.90. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 6.21. Likewise, its price to free cash flow for the trailing twelve months is 84.49.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 2.41, a number that is poised to hit 0.52 in the next quarter and is forecasted to reach 2.99 in one year’s time.
Technical Analysis of Coca-Cola Co (KO)
Compared to the last year’s volume of 13.25 million, its volume of 16.79 million showed improvement in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 17.93%. Additionally, its Average True Range was 1.07.
During the past 100 days, Coca-Cola Co’s (KO) raw stochastic average was set at 42.94%, which indicates a significant increase from 7.34% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 13.85% in the past 14 days, which was higher than the 13.24% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $70.60, while its 200-day Moving Average is $64.25. Nevertheless, the first resistance level for the watch stands at $67.48 in the near term. At $68.05, the stock is likely to face the second major resistance level. The third major resistance level sits at $68.39. If the price goes on to break the first support level at $66.57, it is likely to go to the next support level at $66.23. Should the price break the second support level, the third support level stands at $65.66.
Coca-Cola Co (NYSE: KO) Key Stats
There are 4,307,955K outstanding shares of the company, which has a market capitalization of 288.28 billion. As of now, sales total 45,754 M while income totals 10,714 M. Its latest quarter income was 11,854 M while its last quarter net income were 2,848 M.
