Moneta Group Investment Advisors LLC raised its position in Coca-Cola by 103,297.9% in the fourth quarter. Moneta Group Investment Advisors LLC now owns 57,734,303 shares of the company’s stock valued ifc markets review at $3,672,479,000 after purchasing an additional 57,678,466 shares during the period. Norges Bank purchased a new position in Coca-Cola in the fourth quarter valued at about $2,808,056,000.
- Customize the view of stock chart with the ability to show key indicators such as Earnings, Dividends & Splits as well as filtering to view only Pre- and Post-Market prices.
- The company has a current ratio of 1.13, a quick ratio of 0.95 and a debt-to-equity ratio of 1.29.
- Like every other business on the planet, Coca-Cola also faces significant challenges today.
- The selloff into March failed the breakout before finding support at a two-year low just under the lower trendline.
Shareholders of record on Friday, March 15th were issued a dividend of $0.485 per share. This represents a $1.94 dividend on an annualized basis and a yield of 3.27%. A trading channel is drawn using parallel trendlines to connect a security’s support and resistance levels within which it currently trades. Let’s dive into the world’s largest beverage company to see whether Coca-Cola is a buy, sell, or hold today. Coca-Cola Company manufacturesand sells nonalcoholic beverages under well-known brand names in the U.S. and internationally. Click the link to learn what streetwise investors need to know about the metaverse and public markets before making an investment.
Analysts Set New Price Targets
As for the stock itself, Coca-Cola is trading at the perfectly reasonable valuation ratios of 22x earnings and 6x sales. These metrics are a stone’s throw away from their 10-year averages, on the lower side. So I’m not looking at a no-brainer buy signal on an undervalued stock here but, instead, a comfortable entry point for a long-term investment. Just don’t expect any quick fireworks or a rapid rebound — Coca-Cola’s stock is neither a bargain nor a ripoff at these prices. Coca-Cola comes with a strong balance sheet and a plethora of popular brands. The company has a long and successful history of adapting to ever-changing consumer tastes and global market conditions.
Coca-Cola Increases Dividend
Barclays lifted their target price on Coca-Cola from $60.00 to $66.00 and gave the company an “overweight” rating in a research report on Tuesday, January 16th. Finally, Citigroup boosted their price objective on Coca-Cola from $67.00 to $68.00 and gave the company a “buy” rating powertrend in a report on Wednesday, January 17th. Two research analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $67.00.
KO price to earnings growth (PEG)
The selloff into March failed the breakout before finding support at a two-year low just under the lower trendline. This could be your next buy if you want rock-solid security and an attractive dividend yield. Coca-Cola won’t be a hot growth stock ig group review that sets the market on fire, but it doesn’t have to be. It’s a steady, reliable player that offers a refreshing blend of stability and income. While it may face near-term pressures, Coca-Cola’s long-term prospects taste as sweet as ever.
1 The Coca-Cola Company and its bottling partners are collectively known as the Coca-Cola system. The Coca-Cola Company does not own, manage or control most local bottling companies. The Coca-Cola Company and its bottling partners are collectively known as the Coca-Cola system. The Coca-Cola Company does not own, manage or control most local bottling companies. The Coca-Cola position Buffett has left unchanged since 1994 generated $704 million in dividend payouts last year.
