[The Motley Fool Australia] – After 13 consecutive years at the top of Interbrand’s annual list of the most valuable brands in the world, Coca-Cola (NYSE: KO ) was unseated in 2013′s report by Apple (NASDAQ: AAPL ) , which jumped …
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The Coca-Cola Company (KO), valued at $165.28B, opened at $37.81.
During the trading session, KO traded between $37.22 to $37.87 with its 52-week range being $35.58 to $43.43.
KO shares are currently priced at 18.04x this year’s forecasted earnings,
which makes them relatively inexpensive compared to the industry’s 19.11x forward p/e ratio.
And for income investors, the company pays shareholders $N/A per share annually in dividends, yielding N/A .
In a review of the consensus earnings estimate this quarter, 16 sell-side analysts are looking at $0.54 per share, which would be $0.03 better than the year-ago quarter but a $0.01 sequential decrease. The full-year EPS estimate is $2.10 which would be $0.09 improvement than last year’s full-year earnings.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.07 Billion. If reported, that would be a 2.19% decrease over the year-ago quarter.
In terms of ratings, Argus downgraded (KO) from Buy to Hold (Jan 10, 2013).
Previously, Stifel Nicolaus downgraded (KO) from Buy to Hold. UBS upgraded (KO) from Neutral to Buy.
The average price target for KO shares is $45.07, which is 19.20% above where the stock opened this morning.
The Coca-Cola Company (NYSE:KO), a beverage company, engages in the manufacture, marketing, and sale of nonalcoholic beverages worldwide.
The company primarily offers sparkling beverages and still beverages.
Tag Helper ~ Stock Code: KO | Common Company name: Coca-Cola | Full Company name: The Coca-Cola Company (NYSE:KO) .