Barclays analysts disclosed their opinion on The Coca-Cola Company (NYSE:KO) recently. The stock has a market capitalization of $181.23 billion, a PE ratio of 25.48 and a beta of 0.69.
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Coca-Cola Co.’s bottom line fell by more than half in the final quarter of the year amid continued weakness in developing markets, though the company’s key North American business helped buoy results above Wall Street estimates. The stock was sold at an average price of $42.06, for a total transaction of $1,528,544.52. The analyst projections are $0.37 in EPS on $9.13 billion in revenues.
Integrated Wealth Management lowered its position in shares of Coca-Cola Company (The) (NYSE:KO) by 4.4% during the third quarter, Holdings Channel reports. The sale for non-carbonated beverages increased by 2 percent during last quarter while sale of carbonated beverages declined by two percent.
The stock volatility for week was 0.70% while for month was 0.83%.The stock, as of last close, traded 5.37% to its 52 week low and was changed -8.66% from its 52 week high.
Net income attributable to the company’s shareholders fell to $550 million, or 13 cents per share, in the fourth quarter ended December 31, from $1.24 billion, or 28 cents per share, a year earlier.
When it comes to the Analysis of a Stock, Price Target plays a vital role. Back on Jan 09, 2017, a downgrade report came from equity analysts at Goldman who in their research findings assigned Sell rating on the stock. Coca-Cola Company has a 12-month low of $39.88 and a 12-month high of $47.13. Alpha Windward LLC now owns 7,453 shares of the company’s stock valued at $315,000 after buying an additional 32 shares during the period.
“We are pleased to report that we ended 2016 with fourth quarter top- and bottom-line growth within our expectations”, Muhtar Kent, Coke’s chairman and outgoing CEO, said in a statement Thursday morning. Its last 5-Year EPS growth stands at -8.00%; with earnings growth of -27.20% yoy.
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Additionally, The Coca-Cola’s Fanta, Sprite, and Smartwater, is in the process of selling off its bottling businesses to independent companies that will bottle its sodas and other drinks. On next day when data was publically announced, the stock’s closing price was $43.30 with -4.77% decline in its share price. Current quarter revenue movements show that, the company has set average revenue estimates of $9.13B covering forecast of 15 analysts. Net income for the year fell 11% to $6.5 billion, and full-year earnings were $1.49 per share. The stock has a 50 day moving average of $41.49 and a 200-day moving average of $42.19. “The red disc, which has become synonymous with the brand, first appeared in the 1930s and became the inspiration behind the biggest redesign in Coke’s history”, says James Somerville, vice president of global design at The Coca-Cola Company. Birch Hill Investment Advisors LLC’s holdings in Coca-Cola Company (The) were worth $4,460,000 as of its most recent SEC filing. Current price level places the company’s stock about -12.75% from the 52-week high and 17.35% away from the 52-week low.
