The stock of Coca-Cola Co (KO) has seen a 3.50% increase in the past week, with a -5.05% drop in the past month, and a -9.79% decrease in the past quarter. The volatility ratio for the week is 1.51%, and the volatility levels for the past 30 days are at 1.38% for KO. The simple moving average for the past 20 days is -0.09% for KO’s stock, with a -1.17% simple moving average for the past 200 days.
Is It Worth Investing in Coca-Cola Co (NYSE: KO) Right Now?
The price-to-earnings ratio for Coca-Cola Co (NYSE: KO) is above average at 26.54x. The 36-month beta value for KO is also noteworthy at 0.62. There are mixed opinions on the stock, with 11 analysts rating it as a “buy,” 6 rating it as “overweight,” 13 rating it as “hold,” and 1 rating it as “sell.”
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The public float for KO is 4.27B, and at present, short sellers hold a 0.72% of that float. The average trading volume of KO on November 22, 2024 was 14.50M shares.
KO) stock’s latest price update
The stock price of Coca-Cola Co (NYSE: KO) has jumped by 0.22 compared to previous close of 63.76. Despite this, the company has seen a gain of 3.50% in its stock price over the last five trading days. seekingalpha.com reported 2024-11-22 that Dividend Kings, like Coca-Cola, Johnson & Johnson, and Walmart, are prime long-term investments due to their consistent dividend growth over 50+ years. Coca-Cola offers a 3% yield and strong EBITDA growth, making it a solid buy despite recent stock volatility and health-related headwinds. Johnson & Johnson, despite legal issues, remains undervalued with a 3.2% yield and robust free cash flow, making it an attractive investment.
Analysts’ Opinion of KO
Many brokerage firms have already submitted their reports for KO stocks, with Exane BNP Paribas repeating the rating for KO by listing it as a “Outperform.” The predicted price for KO in the upcoming period, according to Exane BNP Paribas is $72 based on the research report published on June 24, 2024 of the current year 2024.
Citigroup, on the other hand, stated in their research note that they expect to see KO reach a price target of $68, previously predicting the price at $67. The rating they have provided for KO stocks is “Buy” according to the report published on January 17th, 2024.
Jefferies gave a rating of “Hold” to KO, setting the target price at $64 in the report published on November 13th of the previous year.
KO Trading at -5.73% 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 -13.09% of loss for the given period.
Volatility was left at 1.38%, however, over the last 30 days, the volatility rate increased by 1.51%, as shares sank -4.40% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -10.41% lower at present.
During the last 5 trading sessions, KO rose by +3.62%, which changed the moving average for the period of 200-days by +6.93% in comparison to the 20-day moving average, which settled at $63.96. In addition, Coca-Cola Co saw 8.44% in overturn over a single year, with a tendency to cut further gains.
Insider Trading
Reports are indicating that there were more than several insider trading activities at KO starting from Quincey James, who sale 100,000 shares at the price of $64.03 back on Nov 08 ’24. After this action, Quincey James now owns 342,546 shares of Coca-Cola Co, valued at $6,403,040 using the latest closing price.
Quincey James, the Officer of Coca-Cola Co, proposed sale 100,000 shares at $63.80 during a trade that took place back on Nov 07 ’24, which means that Quincey James is holding shares at $6,379,500 based on the most recent closing price.
Stock Fundamentals for KO
Current profitability levels for the company are sitting at:
- 0.21 for the present operating margin
- 0.6 for the gross margin
The net margin for Coca-Cola Co stands at 0.22. The total capital return value is set at 0.12. Equity return is now at value 39.40, with 10.21 for asset returns.
Based on Coca-Cola Co (KO), the company’s capital structure generated 0.64 points at debt to capital in total, while cash flow to debt ratio is standing at 0.12. The debt to equity ratio resting at 1.74. The interest coverage ratio of the stock is 5.83.
Currently, EBITDA for the company is 15.62 billion with net debt to EBITDA at 2.09. When we switch over and look at the enterprise to sales, we see a ratio of 6.63. The receivables turnover for the company is 10.95for trailing twelve months and the total asset turnover is 0.44. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.06.
Conclusion
In summary, Coca-Cola Co (KO) has had a mixed performance as of late. Analysts have mixed opinions on the stock, with some viewing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
