[Business Wire] – The Coca-Cola Company and WaterHealth International today announced their plan to bring safe drinking water to 1 million school children through their Child With Water program.
Read more on this.
The Coca-Cola Company (KO), with a current market cap of $179.37B, began trading this morning at $40.79.
Looking at the equity, the company’s one day range is $40.63 to $40.82 with its 52-week range being $36.83 to $43.43.
KO shares are currently priced at 19.51x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry’s 34.37x earnings multiple.
And for passive income investors, the company pays shareholders $1.22 per share annually in dividends, yielding 3.00%.
According to a consensus of 19 analysts, the earnings estimate of $0.63 per share would be $0.00 worse than the year-ago quarter and a $0.03 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $2.09 is a $0.01 improvement when compared to the previous year’s annual results.
The quarterly earnings estimate is predicated on a consensus revenue forecast of $12.82 Billion. If reported, that would be a 0.55% increase over the year-ago quarter.
Recently, UBS Initiated KO at Neutral (Mar 4, 2014). Previously, Standpoint Research Initiated KO at to Sell.
When considering if perhaps the stock is under or overvalued, the average price target is $44.59, which is 9.32% above where the stock opened this morning.
Summary (NYSE:KO) : The Coca-Cola Company, a beverage company, manufactures, markets, and sells nonalcoholic beverages worldwide. The company primarily offers sparkling beverages and still beverages. Its sparkling beverages include nonalcoholic ready-to-drink beverages with carbonation, such as carbonated energy drinks, and carbonated waters and flavored waters. The companys still beverages comprise nonalcoholic beverages without carbonation, including noncarbonated waters, flavored and enhanced waters, noncarbonated energy drinks, juices and juice drinks, ready-to-drink teas and coffees, and sports drinks. It also provides flavoring ingredients, sweeteners, beverage ingredients, and fountain syrups, as well as powders for purified water products. In addition, the company licenses its technologies to suppliers and third parties. The Coca-Cola Company sells its products primarily under the Coca-Cola, Diet Coke, Coca-Cola Light, Coca-Cola Zero, Sprite, Fanta, Minute Maid, Powerade, Aquarius, Dasani, Glacéau Vitaminwater, Georgia, Simply, Minute Maid Pulpy, Del Valle, Ayataka, Bonaqua/Bonaqa, and Schweppes brand names. The company offers its beverage products through a network of company-owned or controlled bottling and distribution operators, as well as through independently bottling partners, distributors, wholesalers, and retailers. The Coca-Cola Company was founded in 1886 and is headquartered in Atlanta, Georgia.
Tag Helper ~ Stock Code: KO | Common Company name: Coca-Cola | Full Company name: The Coca-Cola Company (NYSE:KO) .