Coca-Cola Co [KO] stock prices are down -0.07% to $71.40 at the moment. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The KO shares have gain 1.10% over the last week, with a monthly amount drifted -0.14%, and not seem to be holding up well over a long-time horizon.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
From an analyst’s perspective:
Coca-Cola Co [NYSE: KO] stock has seen the most recent analyst activity on June 24, 2024, when Exane BNP Paribas initiated its Outperform rating and assigned the stock a price target of $72. Previously, Citigroup reaffirmed its Buy rating on January 17, 2024, and elevated its price target to $68. On November 13, 2023, Jefferies initiated with a Hold rating and assigned a price target of $64 on the stock. JP Morgan reiterated its Overweight rating and decreased its price target to $67 on July 14, 2023. Citigroup initiated its recommendation with a Buy and recommended $68 as its price target on February 17, 2023. Wells Fargo reiterated a Overweight rating for this stock on February 15, 2023, and downed its price target to $68. In a note dated February 15, 2023, Morgan Stanley reiterated an Overweight rating on this stock and boosted its target price from $68 to $70.
The stock price of Coca-Cola Co [KO] has been fluctuating between $51.55 and $73.53 over the past year. Currently, Wall Street analysts expect the stock to reach $73.14 within the next 12 months. Coca-Cola Co [NYSE: KO] shares were valued at $71.40 at the most recent close of the market. An investor can expect a potential return of 2.44% based on the average KO price forecast.
Analyzing the KO fundamentals
The Coca-Cola Co [NYSE:KO] reported sales of 46.46B for trailing twelve months, representing a surge of 2.64%. Gross Profit Margin for this corporation currently stands at 0.61% with Operating Profit Margin at 0.22%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.23%. To continue investigating profitability, this company’s Return on Assets is posted at 0.11, Equity is 0.41 and Total Capital is 0.14. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.69.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 70.96 points at the first support level, and at 70.51 for the second support level. However, for the 1st resistance point, the stock is sitting at 71.73, and for the 2nd resistance point, it is at 72.05.
Ratios To Look Out For
It’s worth pointing out that Coca-Cola Co [NYSE:KO]’s Current Ratio is 1.08. Also, the Quick Ratio is 0.92, while the Cash Ratio stands at 0.47. Considering the valuation of this stock, the price to sales ratio is 6.62, the price to book ratio is 11.90 and price to earnings (TTM) ratio is 29.02.
Transactions by insiders
Recent insider trading involved QUAN NANCY, Executive Vice President, that happened on Aug 27 ’24 when 18484.0 shares were sold. Chairman and CEO, Quincey James completed a deal on Aug 26 ’24 to sell 42397.0 shares. Meanwhile, Former Director Marc J. Bolland bought 10000.0 shares on Aug 26 ’24.
