The Coca-Cola Company Announces Timing of First Quarter 2024 Earnings Release
Business Wire (Thu, 28-Mar 10:00 AM ET)
Trends brewing in the alcohol industry
Seeking Alpha News (Sun, 24-Mar 9:00 AM ET)
The Coca-Cola Company Announces Participation in UBS Global Consumer and Retail Conference
Business Wire (Wed, 21-Feb 10:00 AM ET)
Board of Directors of The Coca-Cola Company Approves 62nd Consecutive Annual Dividend Increase
Business Wire (Thu, 15-Feb 2:00 PM ET)
Coca-Cola Reports Fourth Quarter and Full-Year 2023 Results
Business Wire (Tue, 13-Feb 6:55 AM ET)
The Coca-Cola Company Announces Timing of Fourth Quarter and Full Year 2023 Earnings Release
Business Wire (Thu, 11-Jan 10:00 AM ET)
PRNewswire (Thu, 11-Jan 8:00 AM ET)
Founded in 1886, Atlanta-headquartered Coca-Cola is the world's largest nonalcoholic beverage company, with a strong portfolio of 200 brands covering key categories including carbonated soft drinks, water, sports, energy, juice, and coffee. Together with bottlers and distribution partners, the company sells finished beverage products bearing Coca-Cola and licensed brands through retailers and food-service locations in more than 200 countries and regions globally. Coca-Cola generates around two thirds of its total revenues overseas, with a significant portion from emerging economies in Latin America and Asia-Pacific.
Coca-Cola Company trades on the NYSE stock market under the symbol KO.
As of March 28, 2024, KO stock price climbed to $61.10 with 5,365,403 million shares trading.
KO has a beta of 0.24, meaning it tends to be less sensitive to market movements. KO has a correlation of 0.05 to the broad based SPY ETF.
KO has a market cap of $263.49 billion. This is considered a Mega Cap stock.
Last quarter Coca-Cola Company reported $11 billion in Revenue and $.49 earnings per share. This beat revenue expectation by $209 million and met earnings estimates .
In the last 3 years, KO stock traded as high as $67.20 and as low as $51.55.
The top ETF exchange traded funds that KO belongs to (by Net Assets): VTI, VOO, SPY, IVV, SCHD.
KO has underperformed the market in the last year with a price return of +2.6% while the SPY ETF gained +33.9%. KO has also underperformed the stock market ETF in the last 3 month and 2 week periods returning +4.9% and +1.6%, respectively, while the SPY returned +10.4% and +1.9%, respectively.
KO support price is $60.63 and resistance is $61.43 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that KO stock will trade within this expected range on the day.