Published: Sat, May 06, 2017
Business | By Pat Ferguson

Revenue Forecast of The Coca-Cola Company (KO)

Revenue Forecast of The Coca-Cola Company (KO)

When it comes to the Analysis of a Stock, Price Target plays a vital role. Zacks Investment Research raised The Coca-Cola from a "sell" rating to a "hold" rating in a research report on Monday, January 9th. Jefferies Group LLC reiterated a "hold" rating and set a $38.00 target price on shares of Coca-Cola European Partners plc in a report on Wednesday, March 22nd. Sanford C. Bernstein set a $48.00 target price on shares of The Coca-Cola and gave the company a buy rating in a research note on Friday, January 6th. Coca-Cola European Partners plc now has an average rating of Hold and an average price target of $43.50.

Institutional investors have recently bought and sold shares of the company. SunTrust Banks analyst W. Chappell now expects that the company will earn $0.42 per share for the quarter, up from their previous forecast of $0.41. Finally, Suntrust Banks Inc. boosted its position in shares of Coca-Cola European Partners plc by 0.9% in the first quarter.

Shares of The Coca-Cola Co (NYSE:KO) traded up 0.78% during trading on Thursday, hitting $43.66.

The company said its bottom line totaled Euro152 million, or Euro0.31 per share. The company has a market capitalization of $186.56 billion, a PE ratio of 30.72 and a beta of 0.69. The Coca-Cola Co has a 1-year low of $39.88 and a 1-year high of $46.01. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 0.75% where SMA50 and SMA200 are 2.22% and 3.73% respectively.

To help you determine whether The Coca-Cola Company (NYSE:KO) is undervalued the following values will help you decide.

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FT reports, The 8 analysts offering 12 month price targets for Xerox Corp have a median target of 8.25, with a high estimate of 9.50 and a low estimate of 7.00. The firm had revenue of $2.58 billion for the quarter, compared to the consensus estimate of $2.54 billion. Coca-Cola European Partners plc had a net margin of 8.49% and a return on equity of 21.76%. The company's quarterly revenue was up 58.2% on a year-over-year basis. The 1-year High price of the stock is $44.79, while the 1-year low price is $39.53. Stockholders of record on Thursday, June 15th will be paid a $0.37 dividend. This represents a $1.48 annualized dividend and a yield of 3.43%. The ex-dividend date of this dividend is Tuesday, June 13th. Coca-Cola European Partners plc's dividend payout ratio is presently 31.98%. This is a boost from Coca-Cola European Partners plc's previous quarterly dividend of $0.19. Bristlecone Advisors LLC purchased a new position in The Coca-Cola during the third quarter worth approximately $367,000.

Shares of Coca Cola HBC AG - (OTCMKTS:CCHGY) have received an average rating of "Buy" from the six brokerages that are covering the stock. Benjamin F. Edwards & Company Inc. boosted its position in Coca-Cola European Partners plc by 75.5% in the first quarter.

Coca-Cola European Partners has reported flat sales in the first quarter of its maiden calendar year, with the United Kingdom having a tough Q1 as currency weakness took hold. Finally, Holderness Investments Co. boosted its position in The Coca-Cola by 0.7% in the fourth quarter. This was higher than Euro132 million, or Euro0.27 per share, in last year's first quarter.

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock.

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