The Coca-Cola Company (KO)
| Market Cap | 271.83B |
| Revenue (ttm) | 46.07B |
| Net Income (ttm) | 10.78B |
| Shares Out | 4.31B |
| EPS (ttm) | 2.50 |
| PE Ratio | 25.24 |
| Forward PE | 21.47 |
| Dividend | $1.94 (3.07%) |
| Ex-Dividend Date | Jun 14, 2024 |
| Volume | 8,918,184 |
| Open | 63.58 |
| Previous Close | 63.58 |
| Day's Range | 62.80 - 63.76 |
| 52-Week Range | 51.55 - 63.90 |
| Beta | 0.58 |
| Analysts | Strong Buy |
| Price Target | 68.17 (+8.04%) |
| Earnings Date | Apr 30, 2024 |
About KO
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores. The company sells its products under the Coca-Cola, Diet Coke/Coca-Cola Light, Coca-Cola Zero Sugar, caffeine free Diet ... [Read more]
Financial Performance
In 2023, KO's revenue was $45.75 billion, an increase of 6.39% compared to the previous year's $43.00 billion. Earnings were $10.71 billion, an increase of 12.28%.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for KO stock is "Strong Buy." The 12-month stock price forecast is $68.17, which is an increase of 8.04% from the latest price.
News
3 Stocks with High Dividend Yields that Warren Buffett Likes
#Morningstar #WarrenBuffet #StockInvesting The dividend yields on these stocks in Berkshire Hathway's portfolio are twice that of the market. 00:00 Introduction 00:37 Coca-Cola KO 01:13 Chevron CVX 0...
Coca-Cola Beverages Florida Recognized as a US Best Managed Company, Third Consecutive Year
TAMPA, Fla.--(BUSINESS WIRE)-- #usbestmanagedcompany--Coca-Cola Beverages Florida named 2024 US Best Managed Company, third consecutive year.
Top Wall Street analysts suggest these dividend stocks for income investors
TipRanks' analyst ranking service highlights Wall Street's best-performing stocks, including Coca-Cola and Energy Transfer
Coca-Cola Europacific Partners plc Announces Resignation of Chief Financial Officer
Coca-Cola Europacific Partners (CCEP) today announces the resignation of Nik Jhangiani, SVP and Chief Financial Officer (CFO) with a search for his successor well underway UXBRIDGE, UK / ACCESSWIRE / ...
The Coca-Cola Company Announces Election of Corporate Officers and Declares Regular Quarterly Dividend
ATLANTA--(BUSINESS WIRE)--The Board of Directors of The Coca-Cola Company today announced the election of corporate officers, along with declaring the company's regular quarterly dividend. Brenda Hofm...
Three-Stock Lunch: 3M, Coca-Cola & McDonald's
Aadil Zaman, Wall Street Alliance Group partner, joins 'Power Lunch' to discuss plays for three stocks: 3M, Coca-Cola, and McDonald's.
Coca-Cola Earnings Pop on Higher Prices, Strong Demand in Latin America
Coca-Cola (KO) posted better-than-expected results for the first quarter and raised its outlook as it benefited from higher prices, though volume growth was soft.
Coca-Cola Stock Slips After Earnings Report. It Raises Revenue Guidance.
The company expects 2024 revenue growth of between 8% to 9%, above a prior forecast of 6% to 7%.
Coca-Cola's Q1 results beat top and bottom line estimates boosted by ‘dynamic backdrop'
The Coca-Cola Co. KO, +0.49% reported better-than-expected first-quarter results before market open Tuesday, boosted by what the beverage giant described as “a dynamic backdrop.” For the first quarter...
Earnings: Coca-Cola surprises again with not-so-sweet Q1 financial results
Investors and analysts alike weren't sure what to expect of today's earnings season report from The Coca-Cola Company (KO). On the one hand, inflation has been driving sales down for brands across the...
Coca-Cola raises annual organic sales forecast on strong global demand, higher prices
Coca-Cola raised its annual organic sales forecast on Tuesday, signaling strong global demand for its pricey sodas and juices.
Coca-Cola Reports First Quarter 2024 Results and Provides Updated Guidance
ATLANTA--(BUSINESS WIRE)--The Coca-Cola Company today reported first quarter 2024 results. “We're encouraged by our start to 2024, delivering another quarter of volume, topline and earnings growth ami...
Coca-Cola is about to report earnings. Here's what to expect
Shares of Coke have fallen 3.5% over the last year, dragging the company's market value down to $267 billion.
Coca-Cola HBC Shares Rise To Highest Since Early 2022 On Trading News
Shares in drinks Coca-Cola Hellenic Bottling Company rose to 27-month highs on Tuesday as the company announced sales growth across all territories.
Coca-Cola gears up for IPO of $8 bln African bottling arm, Bloomberg reports
Coca-Cola is gearing up for a potential initial public offering (IPO) of its African bottling business as soon as next year, Bloomberg News reported on Monday, citing people familiar with the matter.
Fanta Says, 'Do More of What You Wanta' With New Global Campaign
A modern-day reprise of its iconic Wanta Fanta campaign and anthem with a message to sometimes do what you want, not just what you need. ATLANTA , April 25, 2024 /PRNewswire/ -- The 2000s called, and ...
Coca-Cola Europacific Partners plc Announces Q1 Trading Update & Interim Dividend Declaration
Trading Update for the First Quarter ended 29 March 2024 & Interim Dividend Declaration UXBRIDGE, UNITED KINGDOM / ACCESSWIRE / April 25, 2024 / Good start to the year, confidently reaffirming FY24 g...
Coca-Cola's (KO) Generative A.I. Partnership with Microsoft (MSFT)
Coca-Cola (KO) expects benefits from its generative A.I. partnership with Microsoft (MSFT).
Pepsi (PEP) vs Coca-Cola (KO): Earnings Edition
PepsiCo (PEP) surprised to the upside today mainly because of strong pricing, notes Kim Forrest. She talks about how these results could bode well for Coca-Cola (KO).
Coca-Cola signs $1.1 bln deal to use Microsoft cloud, AI services
Microsoft said on Tuesday that Coca-Cola had signed a $1.1 billion five-year deal to use its cloud computing and artificial intelligence services.
The Coca-Cola Company and Microsoft announce five-year strategic partnership to accelerate cloud and generative AI initiatives
ATLANTA and REDMOND, Wash. , April 23, 2024 /PRNewswire/ -- Microsoft Corp. and The Coca-Cola Company on Tuesday announced a five-year strategic partnership to align Coca-Cola's core technology strate...