Neutral Press Coverage Somewhat Unlikely to Affect The Coca-Cola (KO) Stock Price

Media coverage about The Coca-Cola (NYSE:KO) has been trending neutral on Saturday, InfoTrie Sentiment reports. InfoTrie identifies negative and positive press coverage by analyzing more than six thousand news and blog sources in real time. The firm ranks coverage of companies on a scale of negative five to positive five, with scores closest to five being the most favorable. The Coca-Cola earned a news impact score of 0.36 on their scale. InfoTrie also gave news articles about the company an news buzz score of 4 out of 10, meaning that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the next several days.

These are some of the news headlines that may have effected The Coca-Cola’s score:

A number of equities analysts have weighed in on KO shares. Barclays set a $50.00 target price on The Coca-Cola and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Royal Bank of Canada set a $56.00 target price on The Coca-Cola and gave the stock a “buy” rating in a research report on Tuesday, October 30th. Bank of America reissued a “buy” rating and issued a $52.00 target price on shares of The Coca-Cola in a research report on Tuesday, October 30th. ValuEngine raised The Coca-Cola from a “hold” rating to a “buy” rating in a research report on Wednesday, October 24th. Finally, HSBC reissued a “buy” rating and issued a $64.00 target price on shares of The Coca-Cola in a research report on Wednesday, October 31st. Fifteen investment analysts have rated the stock with a hold rating and nine have given a buy rating to the stock. The Coca-Cola currently has an average rating of “Hold” and an average target price of $51.67.

NYSE KO opened at $45.24 on Friday. The Coca-Cola has a 52 week low of $41.45 and a 52 week high of $50.84. The stock has a market cap of $192.99 billion, a PE ratio of 23.69, a price-to-earnings-growth ratio of 3.04 and a beta of 0.53. The company has a quick ratio of 0.98, a current ratio of 1.06 and a debt-to-equity ratio of 1.26.

The Coca-Cola (NYSE:KO) last released its quarterly earnings results on Thursday, February 14th. The company reported $0.43 EPS for the quarter, meeting the Thomson Reuters’ consensus estimate of $0.43. The Coca-Cola had a net margin of 8.70% and a return on equity of 43.12%. The firm had revenue of $7.10 billion during the quarter, compared to analyst estimates of $7.07 billion. During the same quarter in the prior year, the firm earned $0.39 EPS. The business’s revenue for the quarter was down 5.5% compared to the same quarter last year. Sell-side analysts forecast that The Coca-Cola will post 2.08 EPS for the current fiscal year.

In other news, insider Jennifer K. Mann sold 15,100 shares of the company’s stock in a transaction dated Monday, November 19th. The shares were sold at an average price of $50.40, for a total transaction of $761,040.00. Following the completion of the sale, the insider now owns 40,058 shares of the company’s stock, valued at approximately $2,018,923.20. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Beatriz R. Perez sold 21,742 shares of the company’s stock in a transaction dated Monday, February 4th. The shares were sold at an average price of $48.76, for a total transaction of $1,060,139.92. Following the sale, the insider now directly owns 92,645 shares of the company’s stock, valued at approximately $4,517,370.20. The disclosure for this sale can be found here. Insiders have sold a total of 46,842 shares of company stock valued at $2,306,180 in the last ninety days. Insiders own 1.48% of the company’s stock.

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The Coca-Cola Company Profile

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides water, enhanced water, and sports drinks; juices; juice, dairy, and plant–based beverages; teas and coffees; and energy drinks. It also offers concentrates, syrups, beverage bases, source waters, and powders/minerals, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.

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