What happened to Coca Cola stock price?
Feb 23, 2022 · Investors were clearly displeased by the bottling company’s recent performance, as reflected in its steep decline today. With that said, COKE’s …
Did a different analyst just downgrade Coca-Cola stock?
Jun 16, 2021 · Coca Cola shares dropped from US$56.10 to US$55.20 in a matter of minutes, wiping out an estimated US$4 billion in market value. The stock recovered some ground in late US trading. Coke benefiting ...
Is Ko stock a Buy despite Coke's massive drop?
1 day ago · Coca-Cola (NYSE: KO) stock is rising higher on Monday following the release of the company’s earnings report for the first quarter of 2021. The good news for KO stock starts with the company’s ...
Is Coke stock down 5% in afternoon trading?
COKE | Complete Coca-Cola Consolidated Inc. stock news by MarketWatch. View real-time stock prices and stock quotes for a full financial overview.
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 still a good investment?
Coca-Cola is a Dividend King that has increased its payout for 60 consecutive years, one of the longest streaks of any public company. Investors can get a dividend yield of just under 3% at the current share price, which can either be money in your pocket or reinvested to buy more shares to earn more dividends!Mar 11, 2022
Should I buy Pepsi or Coke stock?
But Pepsi has slightly outperformed, for two reasons: The stock is cheaper. Even after outperforming KO stock for the past two years, its price-to-earnings ratio (25) is still a bit cheaper than Coke's (26). On a price-to-sales basis, Pepsi (2.9) is markedly cheaper than Coke (6.8).Feb 18, 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
How much did Coca Cola drop?
Coca Cola shares dropped from US$56.10 to US$55.20 in a matter of minutes, wiping out an estimated US$4 billion in market value. The stock recovered some ground in late US trading.
What did Ronaldo say to the journalists after putting the Coke bottles out of sight?
After putting the Coke bottles out of sight, Ronaldo held up a bottle of water and told the assembled journalists that people should just “drink water”. The brutal dis-endorsement from one of the greatest footballers in history and one of the most influential persons on social media had an immediate effect.
Did Coca Cola say everyone is entitled to their drink preferences?
Coca-Cola was forced to issue a statement in response, saying “everyone is entitled to their drink preferences” and “everyone has different tastes and needs”. But there is no doubt Ronaldo’s disapproval will hamper its ongoing recovery efforts.
Recently Viewed Tickers
Visit a quote page and your recently viewed tickers will be displayed here.
Coca-Cola Consolidated Inc
Coca-Cola Consolidated, Inc. engages in the production, marketing, and distribution of nonalcoholic beverages. Its products include sparkling and still beverages as well as energy products and noncarbonated beverages such as bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks.
When will Coke announce its second quarter results?
Investors will get details about the true impact of the pandemic on operating trends when Coke announces its second-quarter results on July 21. But before then, shareholders will be watching Pepsi's report on July 13 for signs of a rebound in the beverage industry.
Is Coca Cola a liability?
Coca-Cola's more beverage-focused portfolio has been a slight liability during the early days of the COVID-19 pandemic. With all types of large gatherings, including sporting events and concerts, canceled, and with restaurants seeing plunging traffic, consumers have far fewer occasions to drink soda.
What happened
It's a good news, bad news kind of a day today for investors in Coca-Cola ( KO -1.11% ). 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).
NYSE: KO
In contrast, Coca-Cola critic RBC Capital set only a $55 price target on Coke shares, essentially predicting that the stock will not move at all this year. Warning that "valuation is near-full" already, RBC also downgraded the stock to "sector perform" (which is basically another hold rating).
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.
Premium Investing Services
Invest better with the Motley Fool. Get stock recommendations, portfolio guidance, and more from the Motley Fool's premium services.
Coca-Cola shrank in Q4 and 2020
Coca-Cola had a very mixed quarter. The company is heavily dependent on food-away-from-home consumption for revenue, and that market just isn’t materializing the way it should be. That situation will be different later in the 2021 period, but for now, it is a weight dragging this company down.
PepsiCo grew in Q4 and 2020
Switching to the PepsiCo Q4 report, a few things become quickly apparent. The first is that PepsiCo is a much larger company than Coca-Cola. The second is that PepsiCo grew its revenue in the fourth quarter and in 2020, which puts it in a much better position than Coke going into 2021.
The dividend and value proposition
Both stocks are great dividend payers with long histories of increases that foreshadow future increases to come. Both yield about 3% and both are paying about 75% of their earnings with equally sound balance sheets, which put them on a par in terms of safety and payout.
