Past Quarters Surprise Report for The Coca-Cola Company (NYSE:KO)

Coca-Cola soda bottles

Number of analysts are covering this stock and now stock has got OUTPERFORM rating from 9 analysts of Thomson Reuters, 6 analysts given HOLD rating to the stock and 0 given UNDERPERFORM rating. For the overall, consensus ratings were for Overweight. The Closing price of The Coca-Cola Company (NYSE:KO) at Last Earnings was $42.18 as compared to the previous closing price of $42.02. They now have a $41.29 price target on the stock, up from their previous price target of $41.05.

Some buy side analysts are also providing their Analysis on The Coca-Cola Company, where 3 analysts have rated the stock as Strong buy, 6 analysts have given a Buy signal, 13 said it's a HOLD, 2 reported it as Underperform and 0 analysts rated the stock as Sell. The stock has a consensus rating of "Hold" and an average price target of $45.89. The Predicted Move on the 7th day after The Coca-Cola Company (NYSE:KO) will release its earnings at about 2%. Shares of The Coca-Cola Company's (KO) are trading -10.33% downward from the 52-week high mark and 3.44% above from the fifty two-week low mark.

Muhtar Kent, Coke's chairman and outgoing CEO, said in a statement, "Our flagship market of North America grew net revenues 8 percent for the quarter and 4 percent for the year, outperforming total retail value growth for both the North America nonalcoholic ready-to-drink beverage industry and US consumer packaged goods companies".

The Coca-Cola Company (NYSE:KO) will report its next earnings on 9-Feb-17. The company reported $0.37 EPS for the quarter, hitting the consensus estimate of $0.37. The return on equity ratio or ROE stands at 28 percent while most common profitability ratio return on investment (ROI) was 9.3 percent. The Coca-Cola Company (KO) now trades with a market capitalization of $177.31 Billion.

Along with these its year to date performance is standing at -0.51%. In comparing the results to the same quarter a year ago, the firm posted earnings of $0.45 for the period which ended on 2016-03-31.

Many analysts are providing their Estimated Earnings analysis for The Coca-Cola Company and for the current quarter 19 analysts have projected that the stock could give an Average Earnings estimate of $0.37/share.

TRADEMARK VIOLATION NOTICE: This story was reported by Community Financial News and is owned by of Community Financial News. The Coca-Cola Co (NYSE:KO)'s price to free cash flow for trailing twelve months is 90.42. If you are accessing this piece of content on another website, it was copied illegally and reposted in violation of global trademark and copyright law. Analyst's mean target price for WBA is $94.35 while analysts mean recommendation is 2.00.

A number of hedge funds and other institutional investors have recently modified their holdings of the stock. Maximum EPS estimate that expected in next quarter is noted at $0.62 and minimum forecasted EPS is calculated at $0.54. In terms of the mechanics underlying that movement, traders will want to note that the stock is trading on a float of 0.86% with $4.28 Billion sitting short, betting on future declines. Finally, Morningstar, Inc. reiterated a "buy" rating on shares of Coca-Cola Company (The) in a report on Friday, December 9th. EPS growth in past five years was -8.00% while EPS growth in next five years is projected to arrive at 1.99%.

During last 5 trades the stock sticks nearly -0.36%. The company's shares were closed at 15.39. The average volume stands around 13.56 million shares. Lenox Wealth Management Inc. raised its position in Coca-Cola Company (The) by 38.0% in the second quarter. Institutional investors own 63.80% of the company's stock.

The Company owns or licenses and markets over 500 nonalcoholic beverage brands, primarily sparkling beverages but also a range of still beverages, such as waters, enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, and energy and sports drinks.



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