Several brokerages have updated their recommendations and price targets on shares of Coca-Cola Company (The) (NYSE: KO) in the last few weeks:

  • 9/28/2017 – Coca-Cola Company (The) had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $42.00 price target on the stock.
  • 9/27/2017 – Coca-Cola Company (The) had its price target raised by analysts at HSBC Holdings plc from $50.00 to $52.00. They now have a “buy” rating on the stock.
  • 9/15/2017 – Coca-Cola Company (The) is now covered by analysts at Macquarie. They set a “neutral” rating and a $47.00 price target on the stock.
  • 9/12/2017 – Coca-Cola Company (The) was upgraded by analysts at Vetr from a “sell” rating to a “strong-buy” rating.
  • 9/7/2017 – Coca-Cola Company (The) had its “hold” rating reaffirmed by analysts at Jefferies Group LLC. They now have a $47.00 price target on the stock.
  • 9/6/2017 – Coca-Cola Company (The) had its “buy” rating reaffirmed by analysts at Royal Bank Of Canada. They now have a $49.00 price target on the stock.
  • 8/24/2017 – Coca-Cola Company (The) had its “hold” rating reaffirmed by analysts at Cowen and Company. They now have a $42.00 price target on the stock.

Coca-Cola Company (NYSE KO) traded up 0.87% during midday trading on Tuesday, reaching $45.19. The company’s stock had a trading volume of 12,038,102 shares. The firm has a market capitalization of $192.75 billion, a PE ratio of 47.72 and a beta of 0.70. Coca-Cola Company has a 1-year low of $39.88 and a 1-year high of $46.98. The stock’s 50-day moving average price is $45.74 and its 200 day moving average price is $44.66. Coca-Cola Company (The) also was the target of some unusual options trading on Monday. Stock traders bought 7,760 put options on the company. This represents an increase of approximately 284% compared to the average volume of 2,020 put options.

Coca-Cola Company (The) (NYSE:KO) last issued its earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, topping the consensus estimate of $0.57 by $0.02. Coca-Cola Company (The) had a return on equity of 34.53% and a net margin of 10.68%. The business had revenue of $9.70 billion for the quarter, compared to analyst estimates of $9.62 billion. During the same quarter last year, the company earned $0.60 EPS. The business’s quarterly revenue was down 15.9% on a year-over-year basis. Equities analysts anticipate that Coca-Cola Company will post $1.90 EPS for the current fiscal year.

The firm also recently declared a quarterly dividend, which was paid on Monday, October 2nd. Investors of record on Friday, September 15th were issued a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a yield of 3.28%. The ex-dividend date of this dividend was Thursday, September 14th. Coca-Cola Company (The)’s dividend payout ratio (DPR) is 154.17%.

In related news, insider Brian John Smith sold 100,000 shares of the business’s stock in a transaction on Wednesday, August 16th. The shares were sold at an average price of $46.10, for a total value of $4,610,000.00. Following the completion of the sale, the insider now directly owns 136,385 shares of the company’s stock, valued at $6,287,348.50. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, SVP Beatriz R. Perez sold 10,000 shares of the business’s stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $46.00, for a total transaction of $460,000.00. Following the completion of the sale, the senior vice president now directly owns 98,718 shares of the company’s stock, valued at $4,541,028. The disclosure for this sale can be found here. Insiders sold 366,835 shares of company stock valued at $16,874,246 over the last ninety days. 1.51% of the stock is currently owned by corporate insiders.

The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.

Receive News & Ratings for Coca-Cola Company (The) Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Coca-Cola Company (The) and related companies with MarketBeat.com's FREE daily email newsletter.