CocaCola Company (The) (NYSE:KO) Given Average Rating of “Buy” by Analysts

Shares of CocaCola Company (The) (NYSE:KOGet Free Report) have earned an average recommendation of “Buy” from the sixteen ratings firms that are presently covering the stock, MarketBeat Ratings reports. Fifteen analysts have rated the stock with a buy recommendation and one has assigned a strong buy recommendation to the company. The average 12-month target price among brokers that have updated their coverage on the stock in the last year is $79.0769.

Several equities analysts have recently issued reports on KO shares. TD Cowen boosted their price target on shares of CocaCola from $75.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, October 22nd. Weiss Ratings reissued a “buy (b-)” rating on shares of CocaCola in a research note on Wednesday, October 8th. Piper Sandler raised their price target on shares of CocaCola from $80.00 to $81.00 and gave the company an “overweight” rating in a research note on Wednesday, October 22nd. UBS Group reaffirmed a “buy” rating on shares of CocaCola in a report on Friday, December 5th. Finally, Bank of America increased their price objective on CocaCola from $78.00 to $80.00 and gave the stock a “buy” rating in a report on Friday, November 7th.

Read Our Latest Stock Analysis on CocaCola

Key Headlines Impacting CocaCola

Here are the key news stories impacting CocaCola this week:

CocaCola Stock Up 1.7%

Shares of CocaCola stock opened at $70.54 on Monday. The stock has a market capitalization of $303.42 billion, a price-to-earnings ratio of 23.36, a PEG ratio of 3.63 and a beta of 0.39. CocaCola has a twelve month low of $60.71 and a twelve month high of $74.38. The company has a current ratio of 1.21, a quick ratio of 1.00 and a debt-to-equity ratio of 1.30. The business’s 50 day simple moving average is $70.42 and its 200-day simple moving average is $69.32.

CocaCola (NYSE:KOGet Free Report) last released its quarterly earnings data on Thursday, March 27th. The company reported $0.55 earnings per share (EPS) for the quarter. The business had revenue of $11.40 billion during the quarter. CocaCola had a return on equity of 43.62% and a net margin of 27.34%.CocaCola has set its FY 2025 guidance at 2.966-2.966 EPS. Equities research analysts forecast that CocaCola will post 2.96 earnings per share for the current year.

CocaCola Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, December 15th. Stockholders of record on Monday, December 1st were paid a $0.51 dividend. The ex-dividend date of this dividend was Monday, December 1st. This represents a $2.04 annualized dividend and a dividend yield of 2.9%. CocaCola’s dividend payout ratio is presently 67.55%.

Insider Activity at CocaCola

In related news, Director Max R. Levchin acquired 7,206 shares of the business’s stock in a transaction that occurred on Friday, October 24th. The shares were acquired at an average cost of $69.87 per share, for a total transaction of $503,483.22. Following the completion of the purchase, the director directly owned 14,267 shares in the company, valued at $996,835.29. This trade represents a 102.05% increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, COO Henrique Braun sold 40,390 shares of the company’s stock in a transaction dated Tuesday, November 11th. The stock was sold at an average price of $70.93, for a total transaction of $2,864,862.70. Following the completion of the sale, the chief operating officer directly owned 62,621 shares of the company’s stock, valued at $4,441,707.53. The trade was a 39.21% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 225,252 shares of company stock valued at $15,953,007. 0.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd lifted its holdings in shares of CocaCola by 5,142.9% in the second quarter. Caitong International Asset Management Co. Ltd now owns 367 shares of the company’s stock valued at $26,000 after buying an additional 360 shares during the period. Headlands Technologies LLC bought a new stake in CocaCola in the second quarter worth about $26,000. Marquette Asset Management LLC bought a new stake in CocaCola in the third quarter worth about $27,000. Cloud Capital Management LLC acquired a new stake in CocaCola in the 3rd quarter valued at about $27,000. Finally, Redmont Wealth Advisors LLC bought a new position in shares of CocaCola during the 3rd quarter valued at about $30,000. 70.26% of the stock is currently owned by institutional investors.

CocaCola Company Profile

(Get Free Report)

The Coca‑Cola Company (NYSE: KO) is a global beverage manufacturer, marketer and distributor best known for its flagship Coca‑Cola soda. Headquartered in Atlanta, Georgia, the company develops and sells concentrates, syrups and finished beverages across a broad portfolio of brands. Its product range spans sparkling soft drinks, bottled water, sports drinks, juices, ready‑to‑drink teas and coffees, and other still beverages, marketed under both global and regional brand names.

Coca‑Cola’s brand portfolio includes widely recognized names such as Coca‑Cola, Diet Coke, Coca‑Cola Zero Sugar, Sprite, Fanta, Minute Maid, Powerade and Dasani, and in recent years the company has expanded into the coffee and premium beverage categories through acquisitions such as Costa Coffee.

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Analyst Recommendations for CocaCola (NYSE:KO)

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