In Monday’s Wall Street session, Coca-Cola Co (NYSE:KO) shares traded at $70.59, down -1.07% from the previous session.
KO stock price is now 10.64% away from the 50-day moving average and 7.42% away from the 200-day moving average. The market capitalization of the company currently stands at $303.61B.
With the price target maintained at $75, DZ Bank recently Upgraded its rating from Hold to Buy for Coca-Cola Co (NYSE: KO). On January 30, 2025, Jefferies Upgraded its previous ‘Hold’ rating to ‘Buy’ on the stock increasing its target price from $69 to quote $75, while ‘Piper Sandler’ rates the stock as ‘Overweight’
In other news, BRUNO PIETRACCI, Officer bought 19,058 shares of the company’s stock on Feb 24 ’25. The stock was bought for $1,344,698 at an average price of $70.56. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 25 ’25, Officer Quincey James bought 145,435 shares of the business’s stock. A total of $10,245,896 was incurred on buying the stock at an average price of $70.45. A total of 0.77% of the company’s stock is owned by insiders.
During the past 12 months, Coca-Cola Co has had a low of $57.93 and a high of $73.53. As of last week, the company has a debt-to-equity ratio of 1.83, a current ratio of 1.03, and a quick ratio of 0.84.
The net profit margin was 22.73% and return on equity was 41.86% for KO. The company reported revenue of $11.54 billion for the quarter, compared to $10.85 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 6.41 percent.
