An analysis of recent option activity combined with technical analysis of share price movement can help chart watchers gain valuable insight into the overall sentiment toward Coca-Cola stock. The chart below depicts the recent price action for the KO share price as of Tuesday, Feb. 8. Besides just buying Coca Cola’s shares, you may also invest in the company through index funds or exchange-traded funds (ETFs) that own KO shares. This method of investment involves opening a brokerage account or an account with a mutual fund company that offers KO’s index fund. Some investors consider index funds because they are seemingly more tax efficient and cost less in terms of fees. As for the stock itself, Coca-Cola is trading at the perfectly reasonable valuation ratios of 22x earnings and 6x sales.
- One effective way to track this performance is by using ticker symbols, and one such symbol that has stood the test of time is “KO” – representing the iconic soft drink giant, Coca Cola.
- After years of expansion and acquisitions, The Coca-Cola Company is represented in verticals from sparkling soft drinks to flavored water, enhanced water, sports beverages, juice, dairy, tea, and coffee.
- The chart below depicts the recent price action for the KO share price as of Tuesday, Feb. 8.
- You might be surprised to learn that Coke doesn’t make most of its money from the sales of those sparkling beverages.
- Coke doesn’t need to ship the water that accounts for over 80% of a beverage’s bulk, for example.
- Coca-Cola’s revenue experienced a rough patch during the COVID-19 pandemic lockdowns, but as these restrictions receded, the company’s sales reversed course and began an upward trajectory.
Brands under the Coca-Cola umbrella include Fanta, Fresca, Schweppes, Sprite, Dasani, Gold Peak, Minute Maid, Simply, BODYARMOR, FUZE TEA, and Powerade brands. Dynamic resource allocation is a key capability, and we’re leveraging the power of the networked organization to evolve our investment framework. This chart highlights how the Coca-Cola share price has maintained a near constant upward trend since its dividend date in early December, marked with the small “D” on the bottom axis of the chart.
Other statistics on the topicNon-alcoholic beverages and soft drinks in the United States
Heading into today, shares of the world’s largest beverage maker had gained 0.75% over the past month, lagging the Consumer Staples sector’s gain of 4.52% and the S&P 500’s gain of 2.5% in that time. On cash flow, we have made great progress in the past three years driven by the execution of a comprehensive program we have put in place since 2019. But, it is very much a continuous https://bigbostrade.com/ process and we know there are still opportunities ahead for us to reach. We will continue to focus on strong free cash flow generation through working capital management and optimal levels of capital investment. We will continue to pursue our “asset right” agenda, becoming the “world’s smallest bottler” to allow us and our bottling partners to focus on our core competencies.
Both of these figures reflect a bullish outlook toward Coca-Cola stock; however, further analysis is required. Nearly all of these sectors reflect “necessities” and are considered sectors where consumers will focus their spending power in inflationary environments. It’s vela japonesas notable that, in this time period, Coca-Cola stock itself outperformed each sector with the exception of XLE, which has gained a staggering 19.3% since the start of 2022. Coca-Cola is a top three holding of State Street’s Consumer Staples Sector ETF (XLP) by weight.
However, utilizing them effectively requires more than just familiarity; it necessitates a comprehensive understanding of how they can be utilized to make better investment decisions. In conclusion, recognizing how to find and interpret ticker symbols is an essential skill for any investor or analyst navigating the market landscape. By following this step-by-step guide, you’ve learned how to discover the Coca Cola ticker symbol (“KO”) and understand its significance within a broader investment context. Without considering a stock’s valuation, no investment decision can be efficient. In predicting a stock’s future price performance, it’s crucial to determine whether its current price correctly reflects the intrinsic value of the underlying business and the company’s growth prospects.
This puts James Quincey in the top 30% of approval ratings compared to other CEOs of publicly-traded companies. This segment of Coke’s business involves the sale of concentrates and syrups that contain all the flavorings needed to make one of its drinks. Even a small container of concentrate can make over 100 servings of finished sodas once it is mixed with sparkling water at the point of sale. The facts discussed here and much other information on Zacks.com might help determine whether or not it’s worthwhile paying attention to the market buzz about Coke. However, its Zacks Rank #2 does suggest that it may outperform the broader market in the near term. Coke is graded D on this front, indicating that it is trading at a premium to its peers.
In addition, the company’s multi-year path to refranchising its bottling operations is helping Coca-Cola’s financial health. This strategy enables the company to move away from this capital-intensive, low-margin business by selling the operations to local bottling partners. With the threat of a recession receding, many stocks saw gains in the past few months. One of these worth taking a look at is blue-chip company Coca-Cola (KO -0.68%). The beverage giant hit a 52-week low on Oct. 6, but has since bounced back.
Over the last 30 days, the Zacks Consensus EPS estimate has witnessed an unchanged state. Empirical research indicates that these revisions in estimates have a direct correlation with impending stock price performance. This model considers these estimate changes and provides a simple, actionable rating system. Market participants will be closely following the financial results of Coca-Cola in its upcoming release.
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The beauty of these symbols lies in their simplicity; they provide a quick and easy way to refer to different companies, reducing lengthy names to just a few letters or numbers. Ticker symbols often incorporate meaningful information about the company or its industry, allowing investors to gain some insights at just a glance. The consensus earnings estimate of $2.68 for the current fiscal year indicates a year-over-year change of +8.1%. These bands could be considered to represent the extreme ranges of option pricing.
The Beverages – Soft drinks industry is part of the Consumer Staples sector. This industry, currently bearing a Zacks Industry Rank of 84, finds itself in the top 34% echelons of all 250+ industries. When evaluating debt, it’s best to compare similar companies or past filings from one company to gauge its use of debt. Get stock recommendations, portfolio guidance, and more from The Motley Fool’s premium services. If one region shows soft sales, as seen in China during Q3, strength in other regions can offset this shortfall, as was the case with Latin America, India, and Southeast Asia in the quarter. Coca-Cola’s revenue experienced a rough patch during the COVID-19 pandemic lockdowns, but as these restrictions receded, the company’s sales reversed course and began an upward trajectory.
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Zacks Rank stock-rating system returns are computed monthly based on the beginning of the month and end of the month Zacks Rank stock prices plus any dividends received during that particular month. A simple, equally-weighted average return of all Zacks Rank stocks is calculated to determine the monthly return. Only Zacks Rank stocks included in Zacks hypothetical portfolios at the beginning of each month are included in the return calculations. Certain Zacks Rank stocks for which no month-end price was available, pricing information was not collected, or for certain other reasons have been excluded from these return calculations.
Coca-Cola Co. stock underperforms Wednesday when compared to competitors
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For Feb. 18, the next monthly option expiration date, the single option with the highest open interest is the $60 call with 44,000. However, it should be noted that the $60 put has an open interest of 23,000. An analysis of prior option trading volumes indicates that there could be a significant number of straddles at the $60 strike. It’s notable that these bands narrowed as Coca-Cola traded at the extreme high of the volatility range but have since begun to widen as earnings approaches. This could mean that there is greater uncertainty toward the Coca-Cola share price in the near term.