Coca-Cola Co [KO] stock prices are up 1.36% to $63.40 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The KO shares have gain 0.78% over the last week, with a monthly amount glided 2.69%, and seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Coca-Cola Co [NYSE: KO] stock has seen the most recent analyst activity on December 12, 2024, when Deutsche Bank upgraded its rating to a Buy and also boosted its price target to $70 from $68. Previously, Exane BNP Paribas started tracking the stock with Outperform rating on June 24, 2024, and set its price target to $72. On January 17, 2024, Citigroup reiterated its Buy rating and revised its price target to $68 on the stock. Jefferies started tracking the stock assigning a Hold rating and suggested a price target of $64 on November 13, 2023. JP Morgan reiterated its recommendation of a Overweight and reduced its price target to $67 on July 14, 2023. Citigroup started tracking with a Buy rating for this stock on February 17, 2023, and assigned it a price target of $68. In a note dated February 15, 2023, Wells Fargo reiterated an Overweight rating on this stock and revised its target price from $70 to $68.
The stock price of Coca-Cola Co [KO] has been fluctuating between $57.47 and $73.53 over the past year. Currently, Wall Street analysts expect the stock to reach $73.75 within the next 12 months. Coca-Cola Co [NYSE: KO] shares were valued at $63.40 at the most recent close of the market. An investor can expect a potential return of 16.32% based on the average KO price forecast.
Analyzing the KO fundamentals
The Coca-Cola Co [NYSE:KO] reported sales of 46.39B for trailing twelve months, representing a drop of -0.54%. Gross Profit Margin for this corporation currently stands at 0.6% with Operating Profit Margin at 0.21%, Pretax Profit Margin comes in at 0.28%, and Net Profit Margin reading is 0.22%. To continue investigating profitability, this company’s Return on Assets is posted at 0.1, Equity is 0.4 and Total Capital is 0.12. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.74.
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 62.63 points at the first support level, and at 61.86 for the second support level. However, for the 1st resistance point, the stock is sitting at 63.86, and for the 2nd resistance point, it is at 64.32.
Ratios To Look Out For
It’s worth pointing out that Coca-Cola Co [NYSE:KO]’s Current Ratio is 1.06. On the other hand, the Quick Ratio is 0.90, and the Cash Ratio is 0.49. Considering the valuation of this stock, the price to sales ratio is 5.89, the price to book ratio is 10.30 and price to earnings (TTM) ratio is 26.33.
Transactions by insiders
Recent insider trading involved Douglas Monica Howard, Officer, that happened on Nov 22 ’24 when 10950.0 shares were purchased. Executive Vice President, Douglas Monica Howard completed a deal on Nov 22 ’24 to sell 10950.0 shares. Meanwhile, Chairman and CEO Quincey James sold 100000.0 shares on Nov 08 ’24.
