Coca-Cola (KO) Set to Announce Earnings on Tuesday
Coca-Cola (NYSE:KO) is scheduled to be posting its quarterly earnings results on Tuesday, February 18th. Parties that wish to register for the company’s conference call can do so using this link.
Coca-Cola (NYSE:KO) opened at 38.93 on Monday. Coca-Cola has a 52-week low of $36.83 and a 52-week high of $43.43. The stock has a 50-day moving average of $39.22 and a 200-day moving average of $39.21. The company has a market cap of $171.9 billion and a P/E ratio of 20.04. Coca-Cola also was the target of some unusual options trading activity on Friday. Stock investors bought 16,162 put options on the stock. This represents an increase of approximately 119% compared to the typical volume of 7,388 put options.
KO has been the subject of a number of recent research reports. Analysts at TheStreet reiterated a “buy” rating on shares of Coca-Cola in a research note on Thursday. On the ratings front, analysts at Societe Generale initiated coverage on shares of Coca-Cola in a research note on Thursday, January 30th. They set a “buy” rating on the stock. Two investment analysts have rated the stock with a sell rating, six have assigned a hold rating and eleven have given a buy rating to the stock. The stock presently has a consensus rating of “Hold” and a consensus price target of $44.08.
The Coca-Cola Company, incorporated on September 5, 1919, is a beverage company. The Company owns or licenses and markets more than 500 nonalcoholic beverage brands, primarily sparkling beverages but also a variety of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.
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