Coca-Cola Co (NYSE:KO) shares traded 0.07% higher at $68.42 on Wall Street last session.
KO stock price is now -0.56% away from the 50-day moving average and 2.33% away from the 200-day moving average. The market capitalization of the company currently stands at $294.45B.
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, Braun Henrique, EVP & Chief Operating Officer sold 25,277 shares of the company’s stock on Mar 11 ’25. The stock was sold for $1,806,514 at an average price of $71.47. Upon completion of the transaction, the EVP & Chief Operating Officer now directly owns 52,466 shares in the company, valued at $3.59 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 11 ’25, Officer HENRIQUE GNANI BRAUN bought 25,277 shares of the business’s stock. A total of $1,806,514 was incurred on buying the stock at an average price of $71.47. A total of 0.78% 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 $73.95. 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. According to the stock market information, the enterprise value for the company is $334370963456, which is based on a 27.81 price-to-earnings ratio, a 4.58 price-to-earnings-growth ratio, and a beta of 0.48. The fifty day moving average price for KO is $68.8044 and a two-hundred day moving average price translates $66.86275 for the stock.
The latest earnings results from Coca-Cola Co (NYSE: KO) was released for 2024-12-31. 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.
