KOF Stock Summary and Trading Ideas (Coca-Cola Femsa Sab De | NYSE:KOF)

Coca-Cola Femsa, a subsidiary of Femsa, is the largest franchise bottler of wide-moat Coca-Cola in unit case volume terms. The company purchases beverage concentrates and syrup from Coca-Cola, which it then processes and packages for distribution through on-trade and off-trade channels, including retailers and food-service providers. Mexico and Brazil make up 80% of total sales for Coca-Cola Femsa, with the rest from other Central and South American countries, including Panama, Guatemala, Uruguay, and Argentina. Parent Femsa and Coca-Cola hold 47% and 28% of economic interests in Coca-Cola Femsa, through nonpublicly traded A and D shares, respectively, while controlling 56% and 33% of the respective voting rights.

Coca-Cola Femsa Sab De trades on the NYSE stock market under the symbol KOF.

As of April 23, 2024, KOF stock price declined to $94.34 with 74,144 million shares trading.

KOF has a beta of 0.59, meaning it tends to be less sensitive to market movements. KOF has a correlation of 0.07 to the broad based SPY ETF.

KOF has a market cap of $19.82 billion. This is considered a Large Cap stock.

Last quarter Coca-Cola Femsa Sab De reported $4 billion in Revenue and $1.47 earnings per share. This fell short of revenue expectation by $-63 million and exceeded earnings estimates by $.03.

In the last 3 years, KOF stock traded as high as $104.38 and as low as $46.62.

The top ETF exchange traded funds that KOF belongs to (by Net Assets): PID, IDVO, APIE, DFAE, ECOW.

KOF stock has underperformed the market in the last year with a return of +17.4%, while SPY returned +24.2%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in KOF shares. However, KOF has outperformed the market in the last 3 month and 2 week periods, returning +5.1% and -1.5%, while SPY returned +4.9% and -2.6%, respectively. This indicates KOF has been having a stronger performance recently.

KOF support price is $93.35 and resistance is $96.57 (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 KOF stock will trade within this expected range on the day.