Is Ko stock a Buy despite Coke's massive drop?
Apr 23, 2020 · Why Coca-Cola Was Down By Chris Hill - Apr 23, 2020 at 9:01AM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services.
Is Coca-Cola stock still'it'for value investors?
1 day ago · Coca-Cola notes that it expects to feel the effects of no longer doing business in Russia due to the war with Ukraine. This has it expecting comparable EPS growth of 5% to 6% in 2022 compared to...
Did Wall Street just downgrade Coca-Cola stock?
20 hours ago · Coca-Cola Posts Strong First-Quarter Earnings By The Daily Upside - Apr 25, 2022 at 8:00PM You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing ...
Did Jefferies raise its target price for Coca-Cola stock?
1 day ago · In fact, all 11 sectors of the S&P 500 being in the red right now. Over on the Dow, Coca-Cola bucking the trend, up 8/10 of a percent. It was up more than 3% earlier, actually touching new highs ...
Is Coca-Cola stock declining?
The stock is still 2.5% below the levels seen at the beginning of 2020. KO stock traded at $60 in February 2020, just before the outbreak of the coronavirus pandemic, and is still 10% below that level.Oct 20, 2021
Is Coca-Cola stock a good investment?
The company's dividend is arguably its most famous investment trait. Longtime shareholders have enjoyed decades of dividend payments that increase every year. Coca-Cola is a Dividend King that has increased its payout for 60 consecutive years, one of the longest streaks of any public company.Mar 11, 2022
Why has Coca-Cola stock gone up?
Wrapping Up The Coca-Cola share price has trended upwards since going ex-dividend at the beginning of December. Coca-Cola shares recently reached a new 52-week high in the days before earnings, as the company has benefited from inflation-based sector rotation.Feb 9, 2022
Is Coca-Cola a good dividend stock?
This marks the 60th consecutive annual dividend increase for the company, which is a member of the S&P 500 Dividend Aristocrats index. Those companies have paid out a higher dividend for at least 25 straight years. Coca-Cola stock, which yields 2.8%, has a one-year return of about 28% as of the market's close on Feb.Feb 19, 2022
Who owns the most stock in Coca-Cola?
Berkshire Hathaway, Inc.Top 10 Owners of Coca-Cola CoStockholderStakeShares ownedBerkshire Hathaway, Inc. (Investm...9.23%400,000,000The Vanguard Group, Inc.7.53%326,297,815BlackRock Fund Advisors4.12%178,450,249SSgA Funds Management, Inc.3.94%170,597,9086 more rows
Is Coke overvalued?
Coca-Cola Co. (KO) shares are overvalued based on current multiples and the recent decline in revenue trends due to socio-demographic shifts in the soft drink market. The company could be worth roughly $40 a share, which is about 13.5 percent cheaper than its current price of around $45.
Is Coca-Cola still growing?
And when looking at the first nine months of fiscal 2021, growth is not as impressive, but the Coca-Cola Company still reported strong growth. Net operating revenues increased from $24,403 million in 2020 to $29,191 million in 2021 – an increase of 19.6% YoY.Jan 17, 2022
Which is the best stocks to buy now?
Stocks to Buy Today: Best Shares to Buy in IndiaNameLTPLowBajaj Auto3,892.103,705Bajaj Finance7,240.557,097Bajaj Finserv15,434.3515,300Bharti Airtel756.3073911 more rows
Why Coca Cola Stock Is Down
Several factors hit Coca Cola during the coronavirus pandemic, but to fully understand it, you need to know its revenue sources.
Coca Cola Financials Remain Impressive
Coca Cola’s revenue from net sales for the second quarter of 2020 was $7.2 billion. It squeezed $1.78 billion in profit from this, which comes out to $0.42 cents earnings per share.
Is Coca Cola Valuation Too Low?
Coca Cola’s stock price took a massive hit from the coronavirus pandemic, dropping from a 52-week high of $60.13 to a low of $36.27, and it’s hovering in the $50 range.
Will Coca Cola Stock Rise?
Coca Cola stock has been turbulent on a macro level, but overall, it’s relatively steady. It always traded in the $20-$60 range, and it’s already in the high end of that range.
Is Coca Cola Stock Undervalued? The Bottom Line
Coca Cola is the biggest beverage company in the world, and it operates largely on a franchise model. The coronavirus shut down man of its biggest customers in stadiums, universities, event centers, and restaurants.
Analysts dueled over the future of Coke today. The pessimist won
I like things that go "boom." Sonic or otherwise, that means I tend to gravitate towards defense and aerospace stocks. But to tell the truth, over the course of a dozen years writing for The Motley Fool, I have covered -- and continue to cover -- everything from retailers to consumer goods stocks, and from tech to banks to insurers as well.
What happened
It's a good news, bad news kind of a day today for investors in Coca-Cola ( NYSE:KO). The good news is that one Wall Street analyst raised its price target on Coke stock this morning to a few dollars more than it cost at the end of 2020. The bad news is that a different analyst just downgraded Coca-Cola stock.
So what
That's not too surprising, however, given how half-hearted the recommendation from Coke's fan was. Jefferies this morning raised its price target on Coca-Cola stock, but only to $57 a share (so only 4% above where the stock closed on Thursday).
Now what
In essence, what RBC is saying is that Cola-Cola is a fine company and "continues to make the right long-term decisions" for its future.
