To see the other side of picture, profit margin of The Coca-Cola Company (NYSE:KO) stands at positive 15.60%; that indicates a firm actually every dollar of sales keeps in earnings. Sanford C. Bernstein set a $48.00 price objective on The Coca-Cola and gave the company a buy rating in a report on Friday, January 6th. Moving toward ratio analysis, it has current ratio of 1.30 and quick ratio was calculated as 1.20. State Street Corp raised its stake in shares of The Coca-Cola by 2.4% in the fourth quarter. Consolidated (NASDAQ:COKE)'s stock has changed 4.43%. The Coca-Cola makes up about 2.0% of Haverford Financial Services Inc.'s holdings, making the stock its 25th largest position. The volume of the company in the last trading session was 8.42 Million. Lowe fs LLC raised its stake in The Coca-Cola by 28.2% in the third quarter. Consolidated (NASDAQ:COKE)'s stock about 1.10% from the 50-day high and 17.34% away from the 50-day low. Price T Rowe Associates Inc.
For the ongoing Fiscal Quarter, 18 analysts have an average earnings forecast of $0.44 per share. The firm bought 127,344 shares of the company's stock, valued at approximately $5,280,000. Norges Bank acquired a new position in shares of The Coca-Cola during the fourth quarter worth about $1,486,731,000.
Kinder Morgan, Inc. (NYSE:KMI) shares declined -2.09% and ended the day at $21.06. Wells Fargo & Co downgraded The Coca-Cola from an "outperform" rating to a "market perform" rating and boosted their price objective for the company from $41.05 to $41.29 in a report on Thursday, January 19th. Company's distance from 20 day simple moving average is 1.52% and distance from 50-Day simple moving average is 1.90%. The Coca-Cola has a one year low of $39.88 and a one year high of $47.13. The average volume stands around 13.92 million shares.
The Coca-Cola (NYSE:KO) last released its earnings results on Thursday, February 9th.
Earnings Per Share (EPS), the portion of a company's profit distributed to each outstanding common share, is a useful indicator of a company's profitability. The business earned $9.40 billion during the quarter, compared to analyst estimates of $9.21 billion. The business's revenue was down 5.9% compared to the same quarter previous year.
Based on current stock levels, Coca-Cola Bottling Co.
The business also recently announced a quarterly dividend, which will be paid on Monday, April 3rd. Stockholders of record on Wednesday, March 15th will be given a dividend of $0.37 per share. However, an improving technical backdrop combined with a hefty dividend leads Carter Worth of Cornerstone Macro to believe Coca-Cola could soon breakout. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.52%. The ex-dividend date of this dividend is Monday, March 13th. The Coca-Cola's dividend payout ratio is 93.33%.
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Several equities research analysts recently weighed in on the company. Zacks Investment Research downgraded shares of The Coca-Cola from a "hold" rating to a "sell" rating in a research report on Tuesday, December 27th. Analysts mean target price for The Walt Disney Company (NYSE:DIS) is $116.69 while their mean recommendation is 2.40 (1=Buy, 5=sell). The stock price target chart showed average price target of 43.68 as compared to current price of 41.97. The Company's divisions are Nonalcoholic Beverages and All Other. The Company's segments include Non-Alcohol Beverages; Alcohol & Coffee Beverages, and Corporate, Food & Services.