News headlines about Coca-Cola Company (The) (NYSE:KO) have trended positive on Monday, Accern Sentiment Analysis reports. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources in real time. Accern ranks coverage of companies on a scale of negative one to positive one, with scores closest to one being the most favorable. Coca-Cola Company (The) earned a media sentiment score of 0.25 on Accern’s scale. Accern also assigned news headlines about the company an impact score of 47.0182239300512 out of 100, indicating that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the near future.
These are some of the news headlines that may have effected Accern’s rankings:
- One Put, One Call Option To Know About for Coca-Cola (nasdaq.com)
- Will Coca-Cola Go Back To The Good Old Days? (seekingalpha.com)
- Where Coca-Cola’s Valuations Stand Compared to Its Peers (finance.yahoo.com)
- McDonald’s Happy Meals to Swap Minute Maid for Less Sugary Honest Kids (finance.yahoo.com)
- McDonald’s making changes to its famed Happy Meal (finance.yahoo.com)
A number of analysts have weighed in on KO shares. Sanford C. Bernstein set a $49.00 target price on shares of Coca-Cola Company (The) and gave the stock a “buy” rating in a research note on Tuesday, July 11th. Morgan Stanley set a $45.00 target price on shares of Coca-Cola Company (The) and gave the stock a “neutral” rating in a research note on Monday, May 29th. Daiwa Capital Markets started coverage on shares of Coca-Cola Company (The) in a research note on Tuesday, June 13th. They set an “outperform” rating and a $48.60 target price on the stock. Morningstar, Inc. reaffirmed a “neutral” rating on shares of Coca-Cola Company (The) in a research note on Monday, May 29th. Finally, BidaskClub cut shares of Coca-Cola Company (The) from a “buy” rating to a “hold” rating in a research note on Saturday, July 1st. Two equities research analysts have rated the stock with a sell rating, fifteen have given a hold rating, seven have assigned a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of $45.85.
Coca-Cola Company (NYSE KO) traded down 0.15% during trading on Monday, reaching $46.11. 8,535,331 shares of the company traded hands. The firm’s 50 day moving average price is $45.84 and its 200 day moving average price is $44.40. The firm has a market capitalization of $196.67 billion, a price-to-earnings ratio of 48.69 and a beta of 0.71. Coca-Cola Company has a 12-month low of $39.88 and a 12-month high of $46.98.
Coca-Cola Company (The) (NYSE:KO) last announced its quarterly earnings results on Wednesday, July 26th. The company reported $0.59 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.57 by $0.02. The business had revenue of $9.70 billion during the quarter, compared to analysts’ expectations of $9.62 billion. Coca-Cola Company (The) had a net margin of 10.68% and a return on equity of 34.53%. The firm’s revenue for the quarter was down 15.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.60 EPS. Equities research analysts expect that Coca-Cola Company will post $1.90 earnings per share for the current year.
The company also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Shareholders of record on Friday, September 15th will be given a dividend of $0.37 per share. The ex-dividend date of this dividend is Thursday, September 14th. This represents a $1.48 annualized dividend and a yield of 3.21%. Coca-Cola Company (The)’s payout ratio is currently 154.17%.
In other Coca-Cola Company (The) news, insider Francisco Crespo sold 7,700 shares of the stock in a transaction on Friday, July 28th. The shares were sold at an average price of $46.01, for a total transaction of $354,277.00. Following the completion of the sale, the insider now owns 29,943 shares of the company’s stock, valued at approximately $1,377,677.43. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Beatriz R. Perez sold 10,000 shares of the stock in a transaction on Thursday, July 27th. The shares were sold at an average price of $46.00, for a total transaction of $460,000.00. Following the sale, the senior vice president now directly owns 98,718 shares of the company’s stock, valued at approximately $4,541,028. The disclosure for this sale can be found here. Insiders have sold a total of 366,835 shares of company stock valued at $16,874,246 in the last three months. 1.51% of the stock is currently owned by corporate insiders.
Coca-Cola Company (The) Company Profile
The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.
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