What Technical Indicators Show About The Coca-Cola Company (KO)?


The Coca-Cola Company (NYSE:KO) finished Thursday with a subtraction of -$0.14 to close at $59.26, a downside of -0.24 percent. An average of 14,179,420 shares of common stock have been traded in the last five days. There was a fall of -$0.27 in the past week, and it reached a new high 37 times over the past 12 months. The last 20 days have seen an average of 12,913,540 shares traded, while the 50-day average volume stands at 11,916,162.

KO stock has decreased by -7.80% in the last month. The company shares reached their 1-month lowest point of $59.11 on 09/16/22. With the stock rallying to its 52-week high on 04/25/22, shares of the company touched a low of $52.28 and a high of $67.20 in 52 weeks. It has reached a new high 20 times so far this year and achieved 0.08% or $0.05 in price. In spite of this, the price is down -11.82% from the 52-week high.

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Insider Transactions

29 days have passed since The Coca-Cola Company (KO) last reported insider trading activity. Braun Henrique, who is Latin America OU President, most recently acquired $11,318 shares at $64.35 per share on Aug 25. In this transaction, the insider spent $728,268. Vice President & Controller, LOVELESS KATHY, disposed of 2,512 shares at a price of $64.00 on Jul 29. The insider now owns more than $160,768 worth of shares. Prior to that, Chairman and CEO Quincey James went on to Sale 32,000 shares at $64.09 each on Jul 28. An amount of $2,051,011 was transacted.

Valuation Metrics

The Coca-Cola Company (KO) has a trailing price-to-earnings (P/E) ratio of 26.94. The stock’s beta is 0.55. Other valuation ratios to consider include the trailing price-to-sales (P/S) ratio at 6.20, the price-to-book (PB) ratio at 11.16, and the price-to-cash flow ratio at 91.41.

The company has a payout ratio of 57.80%. The company’s most recent quarterly dividend payment was $0.44 a share, without any change from last year. Its latest increase dividend $0.02 reported on Thursday February 17 2022.

Financial Health

The quick ratio of The Coca-Cola Company for the three months ended June 29 was 1.00, and the current ratio was 1.10, indicating that the company is able to meet its debt obligations. Further, the company has a long term debt to equity ratio of 1.60 and a total debt to equity ratio of 1.82 for the quarter ending June 29. Its gross profit as reported stood at $23.3 billion compared to revenue of $38.66 billion.

Earnings Surprise

For the three-month period that ended June 29, The Coca-Cola Company had $2.64 billion in cash and short-term investments compared to $36.76 billion in total debt. In the quarter under review, the net income was up than the previous quarter. The company posted a net income of $1.91 billion in the quarter, while revenues of $2.78 billion were shrunk -38.64%. The analyst consensus anticipated The Coca-Cola Company’s latest quarter earnings to come in at $0.67 per share, but it turned out to be $0.7, a 4.50% surprise. For the quarter, EBITDA amounted to $2.66 billion. Shareholders own equity worth $4.32 billion.

Technical Picture

From a technical analysis perspective, let’s take a brief look at The Coca-Cola Company (KO) price momentum. RSI 9-day as of the close on 22 September was 28.33%, suggesting the stock is oversold, with historical volatility in this time frame at 19.40%.

As of today, KO’s price is $59.62 -0.45% or -$0.27 from its 5-day moving average. KO is currently trading -7.92% lower than its 20-day SMA and -8.28% lower than its 100-day SMA. However, the stock’s current price level is -5.00% below the SMA50 and +7.92% above the SMA200.

The stochastic %K and %D were 10.88% and 15.50%, respectively, and the average true range (ATR) was 0.97. With the 14-day stochastic at 3.98% and the average true range at 0.98, the RSI (14) stands at 32.31%. The stock has reached -0.63 on the 9-day MACD Oscillator while the 14-day reading was at -1.23.

Analyst Ratings

DZ Bank downgraded The Coca-Cola Company (NYSE: KO) to a a Hold rating in its most recent analyst report. Previously, the stock was rated as a Buy. The consensus rating for The Coca-Cola Company (KO) among analysts is Overweight. According to current brokerage recommendations, 0 brokerage firms advise that investors sell KO, while 6 suggest investors hold. There are 1 analyst who rate the stock as underweight. The stock is rated overweight by 5 analysts, while 13 others rate it as a “buy”.

What is KO’s price target for the next 12 months?

Analysts predict a range of price targets between $63.00 and $76.00, with a median target of $69.50. Taking a look at these predictions, the average price target given by analysts for The Coca-Cola Company (KO) stock is $69.45.


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