Stocks of Coca-Cola Co (NYSE:KO) traded higher last session on Wall Street, up 0.03% to $71.45.
KO stock price is now 9.19% away from the 50-day moving average and 8.08% away from the 200-day moving average. The market capitalization of the company currently stands at $307.31B.
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, NIKOLAOS KOUMETTIS, Officer bought 55,500 shares of the company’s stock on Mar 07 ’25. The stock was bought for $3,940,938 at an average price of $71.01. An SEC document containing details of the transaction can be found on the SEC’s website. On Feb 26 ’25, Executive Vice President Douglas Monica Howard sold 5,565 shares of the business’s stock. A total of $394,231 was realized by selling the stock at an average price of $70.84. This leaves the insider owning 37,725 shares of the company worth $2.7 million. 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.
