Coca-Cola Co (NYSE: KO)’s stock price has increased by 0.19 compared to its previous closing price of 57.15. However, the company has seen a 0.95% increase in its stock price over the last five trading sessions. 24/7 Wall Street reported 2023-11-19 that If any investor has stood the test of time, it’s Warren Buffett, and with good reason.
Is It Worth Investing in Coca-Cola Co (NYSE: KO) Right Now?
The price-to-earnings ratio for Coca-Cola Co (NYSE: KO) is 23.08x, which is above its average ratio. Moreover, the 36-month beta value for KO is 0.58. Analysts have varying opinions on the stock, with 15 analysts rating it as a “buy,” 5 as “overweight,” 5 as “hold,” and 0 as “sell.”
The average price recommended by analysts for Coca-Cola Co (KO) is $64.30, which is $7.04 above the current market price. The public float for KO is 4.30B and currently, short sellers hold a 0.55% of that float. On November 20, 2023, KO’s average trading volume was 14.72M shares.
KO’s Market Performance
The stock of Coca-Cola Co (KO) has seen a 0.95% increase in the past week, with a 5.35% rise in the past month, and a -5.25% fall in the past quarter. The volatility ratio for the week is 1.01%, and the volatility levels for the past 30 days are at 1.27% for KO. The simple moving average for the last 20 days is 1.58% for KO stock, with a simple moving average of -4.42% for the last 200 days.
Analysts’ Opinion of KO
Many brokerage firms have already submitted their reports for KO stocks, with Jefferies repeating the rating for KO by listing it as a “Hold.” The predicted price for KO in the upcoming period, according to Jefferies is $64 based on the research report published on November 13, 2023 of the current year 2023.
KO Trading at 2.17% from the 50-Day Moving Average
After a stumble in the market that brought KO to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -11.89% of loss for the given period.
Volatility was left at 1.27%, however, over the last 30 days, the volatility rate increased by 1.01%, as shares surge +4.93% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -1.83% lower at present.
During the last 5 trading sessions, KO rose by +0.95%, which changed the moving average for the period of 200-days by -5.01% in comparison to the 20-day moving average, which settled at $56.50. In addition, Coca-Cola Co saw -9.98% in overturn over a single year, with a tendency to cut further losses.
Reports are indicating that there were more than several insider trading activities at KO starting from Perez Beatriz R, who sale 20,534 shares at the price of $56.12 back on Oct 26. After this action, Perez Beatriz R now owns 143,383 shares of Coca-Cola Co, valued at $1,152,292 using the latest closing price.
Quincey James, the Chairman and CEO of Coca-Cola Co, sale 92,029 shares at $53.86 during a trade that took place back on Oct 17, which means that Quincey James is holding 442,546 shares at $4,956,489 based on the most recent closing price.
Stock Fundamentals for KO
Current profitability levels for the company are sitting at:
- +27.90 for the present operating margin
- +57.91 for the gross margin
The net margin for Coca-Cola Co stands at +22.27. The total capital return value is set at 17.64, while invested capital returns managed to touch 15.41. Equity return is now at value 43.85, with 11.34 for asset returns.
Based on Coca-Cola Co (KO), the company’s capital structure generated 168.44 points at debt to equity in total, while total debt to capital is 62.75. Total debt to assets is 43.77, with long-term debt to equity ratio resting at 155.53. Finally, the long-term debt to capital ratio is 57.94.
When we switch over and look at the enterprise to sales, we see a ratio of 6.18, with the company’s debt to enterprise value settled at 0.13. The receivables turnover for the company is 12.24 and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.15.
To wrap up, the performance of Coca-Cola Co (KO) has been mixed in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.