The Coca-Cola (NYSE:KO) Getting Somewhat Critical News Coverage, Analysis Shows

Media headlines about The Coca-Cola (NYSE:KO) have been trending somewhat negative this week, InfoTrie Sentiment Analysis reports. InfoTrie scores the sentiment of media coverage by analyzing more than 6,000 blog and news sources in real time. The firm ranks coverage of public companies on a scale of negative five to five, with scores closest to five being the most favorable. The Coca-Cola earned a media sentiment score of -1.00 on their scale. InfoTrie also gave news articles about the company an news buzz score of 0 out of 10, meaning that recent media coverage is extremely unlikely to have an effect on the company’s share price in the next few days.

Here are some of the media headlines that may have effected The Coca-Cola’s ranking:

Shares of NYSE:KO opened at $54.42 on Friday. The Coca-Cola has a fifty-two week low of $44.42 and a fifty-two week high of $55.92. The company has a quick ratio of 0.79, a current ratio of 0.92 and a debt-to-equity ratio of 1.50. The firm’s 50-day simple moving average is $53.44 and its 200-day simple moving average is $52.88. The company has a market cap of $233.16 billion, a price-to-earnings ratio of 26.16, a PEG ratio of 3.72 and a beta of 0.43.

The Coca-Cola (NYSE:KO) last posted its quarterly earnings results on Friday, October 18th. The company reported $0.56 earnings per share (EPS) for the quarter, hitting the consensus estimate of $0.56. The firm had revenue of $9.51 billion during the quarter, compared to analysts’ expectations of $9.42 billion. The Coca-Cola had a net margin of 22.41% and a return on equity of 45.21%. The firm’s revenue for the quarter was up 8.3% on a year-over-year basis. During the same period in the prior year, the company posted $0.57 earnings per share. On average, research analysts forecast that The Coca-Cola will post 2.1 EPS for the current year.

The firm also recently announced a quarterly dividend, which will be paid on Monday, December 16th. Shareholders of record on Monday, December 2nd will be given a dividend of $0.40 per share. This represents a $1.60 annualized dividend and a yield of 2.94%. The ex-dividend date of this dividend is Friday, November 29th. The Coca-Cola’s payout ratio is 76.92%.

A number of equities research analysts have recently commented on the stock. BMO Capital Markets upped their target price on shares of The Coca-Cola from $52.00 to $55.00 and gave the company a “market perform” rating in a report on Monday, October 21st. ValuEngine lowered The Coca-Cola from a “buy” rating to a “hold” rating in a report on Wednesday, October 2nd. Morgan Stanley restated a “buy” rating and issued a $60.00 price target on shares of The Coca-Cola in a research report on Tuesday, October 29th. UBS Group raised The Coca-Cola from a “neutral” rating to a “buy” rating and upped their price objective for the company from $55.00 to $63.00 in a research note on Wednesday, October 23rd. Finally, Wells Fargo & Co set a $60.00 price objective on The Coca-Cola and gave the company a “buy” rating in a research note on Monday, October 21st. Eight analysts have rated the stock with a hold rating and twelve have issued a buy rating to the company. The Coca-Cola currently has an average rating of “Buy” and an average target price of $56.47.

In related news, COO Brian John Smith sold 60,000 shares of The Coca-Cola stock in a transaction that occurred on Monday, September 9th. The stock was sold at an average price of $54.87, for a total value of $3,292,200.00. Following the sale, the chief operating officer now directly owns 174,302 shares in the company, valued at $9,563,950.74. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Francisco Crespo sold 130,637 shares of the company’s stock in a transaction on Thursday, September 12th. The stock was sold at an average price of $55.15, for a total value of $7,204,630.55. Following the transaction, the senior vice president now directly owns 139,975 shares in the company, valued at approximately $7,719,621.25. The disclosure for this sale can be found here. Insiders have sold a total of 233,026 shares of company stock worth $12,801,826 in the last quarter. 1.33% of the stock is currently owned by insiders.

About The Coca-Cola

The Coca-Cola Company, a beverage company, manufactures and distributes various nonalcoholic beverages worldwide. The company provides sparkling soft drinks; water, enhanced water, and sports drinks; 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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