"It is a reinvention of Coke Zero", CEO James Quincey said in a call with investors. This is an increase of approximately 151% compared to the average daily volume of 3,007 call options. Coca-Cola Company has a 12-month low of $39.88 and a 12-month high of $46.06. The stock has a market capitalization of $193.29 billion, a PE ratio of 31.84 and a beta of 0.69. After a recent look, shares have been seen 5.81% from the 200-day moving average, and 0.54% from the 50-day moving average.
Coca-Cola Company (The) (NYSE:KO) last posted its quarterly earnings results on Tuesday, April 25th.
Talking about profitability of the company, the profit margin percentage is 15.3% while its operating margin for the trailing twelve month is at 23.53%. Net revenue fell 16% to $9.7 billion, though that was because the company is transforming bottling operations into franchises and experiencing a slight hit due to unfavorable currency rates. San Francisco Sentry Gru (Ca) invested in 38,659 shares or 0.93% of the stock. Coca-Cola Company (The)'s revenue was down 11.3% compared to the same quarter previous year. The average estimate of nine analysts surveyed by Zacks Investment Research was for earnings of 57 cents per share.
The firm also recently declared a quarterly dividend, which will be paid on Monday, October 2nd. Teacher Retirement Of Texas invested in 0.65% or 2.19 million shares. This represents a $1.48 annualized dividend and a yield of 3.27%. Coca-Cola European Partners plc is a subsidiary of The Coca-Cola Company. Consolidated from a "buy" rating to a "hold" rating in a research report on Wednesday, July 5th. BidaskClub cut Coca-Cola Company (The) from a "hold" rating to a "sell" rating in a research report on Thursday, July 13th. TheStreet upgraded shares of Coca-Cola Company (The) from a "c+" rating to a "b" rating in a research report on Thursday, April 27th.
In other news, insider J Alexander Douglas, Jr. sold 22,000 shares of the firm's stock in a transaction dated Wednesday, May 3rd. The shares were sold at an average price of $45.20, for a total transaction of $1,323,546.40. While looking the figure depicted by the Price to Earning we can suggest that the shares of The Coca-Cola Company (KO) are overvalued. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.
So the company lags the analysts estimate by $-0.01/share showing a surprise of -2.3%. The stock grabbed 93 new institutional investments totaling 8,837,415 shares while 62 institutional investors sold out their entire positions totaling 4,218,061 shares. Following the sale, the insider now directly owns 319,436 shares in the company, valued at $13,815,607.
Other hedge funds have also modified their holdings of the company.
Now the shares of The Coca-Cola Company (KO) has the trading volume of 14.05 Million shares with the average trading volume of 8020 shares.
Shares dipped 0.31%, or 14 USA cents, to US$45.10 per share in U.S. pre-market trading.
More notable recent The Coca-Cola Co (NYSE:KO) news were published by: Investorplace.com which released: "The Coca-Cola Co (KO) Stock Is Expensive No Matter What Q2 Brings" on July 25, 2017, also Law360.com with their article: "Insurers Want Coca-Cola Suit Over Nepal Losses Trimmed" published on July 26, 2017, Nasdaq.com published: "Franklin Street Advisors Inc Buys Coca-Cola Co, JPMorgan Chase, Cisco Systems ..." on July 14, 2017.