Rating Roundup: Coca-Cola Company (NYSE:KO)

Posted May 20, 2017

Jefferies Group analyst K. Grundy now forecasts that the company will post earnings of $0.44 per share for the quarter, up from their prior forecast of $0.43. During the same quarter a year ago, the business posted $0.45 earnings per share. TheStreet raised shares of The Coca-Cola from a "c+" rating to a "b" rating in a research note on Thursday, April 27th.

Coca-Cola Company (NYSE:KO) 52-week high price stands at $44.79 and low price stands at $39.53, its price distance from 52-week high is -1.92% while its distance from 52-week low price is 11.13%.

In terms of Buy, Sell or Hold recommendations, Coca-Cola Company (NYSE:KO) has analysts' mean recommendation of 2.5. Finally, JPMorgan Chase & Co. began coverage on Coca-Cola European Partners plc in a research note on Monday, April 3rd. Rating Scale; where 1.0 rating means Strong Buy, 2.0 rating signify Buy, 3.0 recommendation reveals Hold, 4.0 rating score shows Sell and 5.0 displays Strong Sell signal. They issued a "neutral" rating and a $43.00 price objective for the company.

COPYRIGHT VIOLATION NOTICE: This report was published by [[site]] and is the sole property of of [[site]]. The legal version of this piece can be accessed at https://www.com-unik.info/2017/05/18/coca-cola-hbc-ag-cch-stock-rating-reaffirmed-by-jefferies-group-llc.html. The company reported $0.43 earnings per share for the quarter, missing the Thomson Reuters' consensus estimate of $0.44 by $0.01. TRTN's SI was 1.32M shares in May as released by FINRA. The stock's price is floating in a range of $85.67 and $86.20 whereas, it's 52-week High Price is $92.00 with respect to its 52-week Low Price of $79.45. The company has a 50-day moving average of $43.23 and a 200 day moving average of $42.01. The Market Capitalization of the company stands at 188.04 Billion. Dnb Asset As holds 0% of its portfolio in The Coca-Cola Co (NYSE:KO) for 653,465 shares. Institutional investors own 63.88% of the company's stock.

14-day Williams %R for The Coca-Cola Company (NYSE:KO) moved to around 20.64. They expect $0.57 EPS, down 5.00% or $0.03 from last year's $0.6 per share. The business had revenue of $2.54 billion during the quarter, compared to the consensus estimate of $2.52 billion. The Coca-Cola had a return on equity of 32.94% and a net margin of 15.59%. The firm's quarterly revenue was down 11.3% compared to the same quarter a year ago.

EPS growth in next year is estimated to reach 11.19% while EPS growth estimate for this year is set at -34.70%. Stockholders of record on Thursday, June 15th will be paid a $0.37 dividend. This represents a $0.92 dividend on an annualized basis and a yield of 2.28%. The ex-dividend date is Thursday, June 29th. The Coca-Cola's payout ratio is 93.33%.

In related news, insider J Alexander Douglas, Jr. sold 22,000 shares of the company's stock in a transaction on Wednesday, May 3rd. The stock was acquired at an average price of GBX 1,893 ($24.44) per share, for a total transaction of £738.27 ($952.98). Following the sale, the insider now directly owns 319,436 shares in the company, valued at approximately $13,815,607. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

In other news, insider SANDA PAREZANOVIC purchased 35 shares of the stock in a transaction that occurred on Tuesday, April 18th. The disclosure for this sale can be found here. It dived, as 76 investors sold The Coca-Cola Co shares while 623 reduced holdings. Iowa State Bank raised its position in The Coca-Cola by 0.6% in the third quarter. Franklin Resources Inc. now owns 30,176,115 shares of the company's stock valued at $1,251,102,000 after buying an additional 951,209 shares during the last quarter. Dearborn Partners LLC raised its position in The Coca-Cola by 5.0% in the third quarter. Financial Advisors Network Inc. raised its position in shares of The Coca-Cola by 5.7% in the first quarter. Psagot Investment House Ltd. now owns 12,850 shares of the company's stock worth $533,000 after buying an additional 45 shares in the last quarter. Delta Asset Mgmt Ltd Liability Tn has 0.19% invested in The Coca-Cola Co (NYSE:KO) for 27,065 shares. Susquehanna Limited Liability Partnership owns 0.03% invested in The Coca-Cola Co (NYSE:KO) for 1.22M shares. Finally, Franklin Resources Inc. boosted its stake in shares of The Coca-Cola by 3.3% in the fourth quarter.

The Coca-Cola Company (KO) is an interesting player in the Consumer Goods space, with a focus on Beverages - Soft Drinks.