Shares of The Coca-Cola Co (NYSE: KO) traded up to $ 0.28 during the noon session on Friday, reaching $ 47.16. 15,999,438 shares of the company were exchanged, compared to its average volume of 10,590,000. The share has a market capitalization of $ 200,930.00, a price-earnings ratio of 44.91, a PEG ratio of 3.76 and a beta of 0.70. The company has a debt-to-equity ratio of 1.47, a quick ratio of 1.30 and a current ratio of 1.39. Coca-Cola Co has a minimum of 12 months of $ 40.22 and a maximum of 12 months of $ 47.48.
Coca-Cola (NYSE: KO) last issued its quarterly earnings results on Wednesday, October 25. The company reported $ 0.50 EPS for the quarter, exceeding the consensus estimate of $ 0.49 for $ 0.01. The company had revenues of $ 9.08 billion during the quarter, compared to analysts' estimates of $ 8.73 billion. Coca-Cola had a net margin of 12.20% and a return on capital of 36.21%. The company's revenues fell by 14.6% compared to the same quarter last year. During the same quarter of the previous year, the company earned $ 0.49 EPS. Research analysts predict that The Coca-Cola Co will publish 1.91 EPS for the current fiscal year.
Several stock analysts recently issued reports on the stock. Stifel Nicolaus reiterated a "suspension" rating and issued a target price of $ 49.00 on The Coca-Cola shares in a research note on Friday, December 22. The Goldman Sachs Group set a target price of $ 49.00 on the shares of The Coca-Cola and awarded the company a "sale" rating in a research note on Wednesday, January 10. The Jefferies Group reiterated a "suspension" rating and issued a target price of $ 47.00 on The Coca-Cola shares in a research note on Wednesday, October 25. Morgan Stanley set a target price of $ 48.00 on the shares of The Coca-Cola and awarded the company a "neutral" rating in a research note on Thursday, October 26. Finally, Susquehanna Bancshares set a target price of $ 41.00 on the shares of The Coca-Cola and granted the company a "suspension" rating in a research note on Wednesday, October 25. Two stock research analysts have rated the stock with a sale rating, fifteen have issued a waiting rating and eleven have assigned a purchase rating to the company's stock. The company has a "Hold" consensus rating and a consensus price target of $ 49.01.
In other news, Fellow Alexander Douglas, Jr. sold 338,009 shares of the company in a transaction on Wednesday, November 8. The shares were sold at an average price of $ 46.09, for a total transaction of $ 15,578,834.81. After the end of the sale, the insider now holds 320,013 shares of the company, valued at $ 14,749,399.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In addition, CFO Kathy N. Waller sold 23,240 shares of the company in a transaction on Tuesday, January 16. The stock was sold at an average price of $ 46.15, for a total transaction of $ 1,072,526.00. After the sale, the CFO is now the direct owner of 123,796 shares of the company, valued at approximately $ 5,713,185.40. The disclosure of this sale can be found here. 1.51% of the shares are currently owned by people with privileged information.
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The Coca-Cola Company Profile
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, mainly sparkling beverages and a range of non-alcoholic beverages, such as waters, flavored waters and improved waters, juices and juices, ready-to-drink teas and coffees, sports drinks, milk drinks and energetics
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