Purchase Of Shares In The Coca-Cola Company (KO) By Perez Beatriz R

As of Thursday close, The Coca-Cola Company’s (NYSE:KO) stock was up $0.2, moving up 0.31 percent to $64.51. The average number of shares traded per day over the past five days has been 20,516,920 shares. 2 times new highs have been achieved over the past 5 days. In the last twenty days, the average volume was 19,014,029, while in the previous 50 days, it was 18,050,234.

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Since last month, KO stock retreated -0.08%. Shares of the company fell to $62.58 on 05/02/22, the lowest level in the past month. A 52-week high of $67.20 was reached on 04/25/22 after having rallying from a 52-week low of $52.28. Since the beginning of this year, KO’s stock price has risen by 8.95% or $5.30, and marked a new high 20 times. However, the stock has declined by -4.00% since its 52-week high.

The Coca-Cola Company (KO) last reported insider trading activity 8 days ago on May 05. Perez Beatriz R, the Senior Vice President of the company, disposed of 143,924 shares for $64.78 on May 05. It resulted in a $9,323,800 divestment by the insider. SMITH BRIAN JOHN sold 35,800 shares at an average price of $67.04 on Apr 25. The insider now owns 116,168 shares following the transaction. On Apr 18, Europe OU President KOUMETTIS NIKOLAOS sold 153,466 shares at $65.03 apiece. The transaction was valued at $9,979,840.

Valuation Metrics

Right now, The Coca-Cola Company (KO) has a P/E ratio of about 27.21. The stock’s beta is 0.58. Besides these, the trailing price-to-sales (P/S) ratio of 6.94, the price-to-book (PB) ratio of 11.24, and the price-to-cash flow ratio of 96.22 may also be considered.

The latest dividend of $0.44 per share was paid out, remained unchanged from last year’s $0.44. On Thursday February 17 2022, a $0.02 dividend increase was announced.

Financial Health

In the three months ended September 29, The Coca-Cola Company’s quick ratio stood at 1.00, while its current ratio was 1.20, showing that the company is able to pay off its debt. According to company report, the long-term debt-to-equity ratio for the quarter ending September 29 was 1.49, and the total debt-to-equity ratio was 1.68. On the profitability front, the trailing twelve-month gross margin is 60.30% percent. In the year ended September 29, operating margins totaled 29.20%. Based on annual data, KO earned $23.3 billion in gross profit and brought in $38.66 billion in revenue.

A company’s management is another factor that investors consider when determining the profitability of an investment. In the past year, return on investment (ROI) was 12.60%. Return on equity (ROE) for the past 12 months was 44.70%.

In The Coca-Cola Company’s quarter-end financial report for September 29, it reported total debt of $37.05 billion against cash and short-term investments of $2.67 billion. According to the earnings report, the company had a higher net income in the recent quarter than it did in the previous quarter. KO’s revenue rose 14.02% to $9.46 billion during the quarter, while net income inched up to $10.49 billion. While analysts expected The Coca-Cola Company to report $0.58 quarterly earnings, the actual figure was $0.65 per share, beating the consensus estimate by 12.10%. During the quarter, the company generated $3.73 billion in EBITDA. The liabilities of The Coca-Cola Company were 67.22 billion at the end of its most recent quarter ended September 29, and its total debt was $41.71 billion. The value of shareholders’ equity is $4.34 billion.

Technical Picture

This quick technical analysis looks at The Coca-Cola Company’s (KO) price momentum. With a historical volatility rate of 20.44%, the RSI 9-day stood at 50.68% on 12 May.

At present, KO shares trade -0.34% below its 20-day simple moving average and +11.74% percent above its 100-day simple moving average. However, the stock is currently trading approximately +3.33% above its SMA50 and +13.69% above its SMA200.

Stochastic coefficient K was 36.72% and Stochastic coefficient D was 38.24%, while ATR was 1.40. Given the Stochastic reading of 41.77% for the 14-day period, the RSI (14) reading has been calculated as 52.41%. As of today, the MACD Oscillator reading stands at 0.03, while the 14-day reading stands at -0.41.

Analyst Ratings

The Coca-Cola Company downgraded its rating on The Coca-Cola Company (NYSE: KO) to a Hold in a note to investors on April 28, 2022. The analysts firm previously had a Buy rating on the stock.The Coca-Cola Company (KO) has been rated Overweight by analysts. According to 0 brokerage firms, KO is a sell, and 7 firms recommend it is a Hold. There are 1 analyst who say the stock is underweight. A total of 5 analysts rate The Coca-Cola Company stock as buy, with 14 recommending it as overweight.

With a median target price of $70.00, the current consensus forecast for the stock is $64.00 – $76.00. Based on these forecasts, analysts predict The Coca-Cola Company (KO) will achieve an average price target of $70.45.


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