The Coca-Cola Co (NYSE:KO) fell -1.01% during previous trade. Barclays issued rating on the stock of The Coca-Cola Co (NYSE:KO) in a research note issued to investors on Jan-09-17, the stock received “Initiated” rating as Equal-Weight at $102. Additionally Goldman issued their verdict on the stock of the company, on record date of Dec-13-16 the stock was “Downgraded” from Neutral to Sell besides that on Dec-16-16 The Coca-Cola Co (NYSE:KO) was “Downgraded” by Morgan Stanley from Overweight to Equal-Weight. Furthermore on Dec-13-16 the stock was “Downgraded” by Deutsche Bank from Buy to Hold from $48 to $44.
The Coca-Cola Co (NYSE:KO) shares ended last trading session at the price of $41.32 whereas a number of traders indicating mean target price will hit $45.54 over the next twelve months, mean value of price target most recently revised on 01/3/17. The Coca-Cola Co (NYSE:KO)’s highest estimates of price target are $50 and low forecast is $40 based on the opinion of 18 analysts. The price target estimates represents a standard deviation of 3.23. However brokerage recommendations suggests an ABR of 2.77 based on calls of 13 experts, where 3 brokers polls the stock a Strong Buy, 0 suggest the stock a Buy, 8 suggest Hold, 1 are rating the stock as Sell while 1 as Strong Sell.
The Coca-Cola Co (NYSE:KO) is expected to release the earnings of its current quarter on 2/14/17. The company is expected to release $0.37 EPS for current quarter according to 18 analysts whereas the company reported $0.38 EPS during same quarter a year ago. For the current quarter the stock has lowest EPS estimates of $0.35 and high estimate of $0.39. For the current year The Coca-Cola Co (NYSE:KO) has set to release EPS of $1.91 as per the sentiments of 22 analysts, however according to 23 analysts, the company expected to release $1.98 EPS for next year.
The Coca-Cola Co (NYSE:KO)’s average revenue estimates for the current quarter are $9.21B according to 16 number of analysts. However its lowest revenue estimates are $9.04B and highest revenue estimates are $9.44B. A year ago the company’s sales were $10.01B. Its yearly sales growth estimates are -8%. For the next quarter the company has anticipated average revenues of $8.52B, according to the sentiments of 11 analysts. For the current year the company has fixed $41.72B revenues, as per the opinion of 21 analysts. For the current year the company has low revenue estimates of $40.46B in contradiction of high revenue estimates of $43.59B. Whereas for the next year revenues are set at $34.91B by 21 analysts.
The stock exchanged hands 14.82M shares versus average trading capacity of 13.26M shares, while its shares’ total market worth is $178.17B along with 4.31B outstanding shares. The Coca-Cola Co (NYSE:KO) shares were trading -10.18% below from the 52-week high price mark of $46 and +4.69% above from the 52-week price bottom of $39.47. However the company observed 52 week high price on 04/11/16 and witnessed 52 week low price on 12/01/16. The company’s price sits -0.11% below from its 50-day moving average of $41.37 and -3.181% away from the stock’s 200-day moving average which is $42.75. The Coca-Cola Co (NYSE:KO)’s price to sales ratio for trailing twelve month stands at 4.20, whereas its price to book ratio for most recent quarter sits at 6.84. However the company’s price to cash per share for most recent quarter stands at 6.97. Its price to free cash flow for trailing twelve months is 90.90.