CocaCola (NYSE:KO) Issues FY 2025 Earnings Guidance

CocaCola (NYSE:KO) updated its FY 2025 earnings guidance on Tuesday. The company provided EPS guidance of 2.966-2.966 for the period, compared to the consensus EPS estimate of 2.970. The company issued revenue guidance of -.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on KO. Evercore ISI reiterated an “outperform” rating on shares of CocaCola in a research report on Tuesday. Piper Sandler upped their price target on CocaCola from $80.00 to $81.00 and gave the company an “overweight” rating in a research report on Wednesday. BNP Paribas reiterated an “outperform” rating and issued a $83.00 price target on shares of CocaCola in a research report on Monday, July 21st. JPMorgan Chase & Co. upped their price target on CocaCola from $77.00 to $79.00 and gave the company an “overweight” rating in a research report on Wednesday, July 23rd. Finally, Cowen reissued a “buy” rating on shares of CocaCola in a research note on Wednesday. One analyst has rated the stock with a Strong Buy rating and fifteen have issued a Buy rating to the company. According to data from MarketBeat, CocaCola presently has a consensus rating of “Buy” and a consensus target price of $78.00.

CocaCola Trading Down 0.7%

Shares of KO opened at $70.75 on Thursday. The company has a quick ratio of 0.98, a current ratio of 1.21 and a debt-to-equity ratio of 1.49. CocaCola has a 12-month low of $60.62 and a 12-month high of $74.38. The firm has a market capitalization of $304.47 billion, a PE ratio of 23.43, a price-to-earnings-growth ratio of 3.71 and a beta of 0.43. The stock’s fifty day simple moving average is $67.81 and its 200-day simple moving average is $69.70.

CocaCola (NYSE:KO) last issued its quarterly earnings results on Thursday, March 27th. The company reported $0.55 earnings per share (EPS) for the quarter. CocaCola had a return on equity of 45.63% and a net margin of 27.34%.The business had revenue of $11.40 billion for the quarter. As a group, research analysts predict that CocaCola will post 2.96 earnings per share for the current year.

CocaCola Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Monday, December 15th. Stockholders of record on Monday, December 1st will be paid a dividend of $0.51 per share. This represents a $2.04 annualized dividend and a dividend yield of 2.9%. The ex-dividend date of this dividend is Monday, December 1st. CocaCola’s dividend payout ratio is 72.34%.

Insider Activity

In other news, insider Nikolaos Koumettis sold 37,396 shares of the company’s stock in a transaction on Tuesday, August 5th. The stock was sold at an average price of $69.10, for a total transaction of $2,584,063.60. Following the transaction, the insider owned 209,513 shares of the company’s stock, valued at $14,477,348.30. This represents a 15.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.97% of the stock is owned by company insiders.

Hedge Funds Weigh In On CocaCola

Several hedge funds have recently added to or reduced their stakes in the stock. Raymond James Financial Inc. lifted its stake in CocaCola by 4.3% in the second quarter. Raymond James Financial Inc. now owns 12,354,397 shares of the company’s stock valued at $874,073,000 after buying an additional 509,724 shares during the period. California State Teachers Retirement System lifted its stake in CocaCola by 0.5% in the second quarter. California State Teachers Retirement System now owns 6,652,424 shares of the company’s stock valued at $470,659,000 after buying an additional 35,552 shares during the period. Worldquant Millennium Advisors LLC lifted its stake in CocaCola by 16.2% in the second quarter. Worldquant Millennium Advisors LLC now owns 1,229,894 shares of the company’s stock valued at $87,015,000 after buying an additional 171,425 shares during the period. Rafferty Asset Management LLC lifted its stake in CocaCola by 22.9% in the second quarter. Rafferty Asset Management LLC now owns 328,236 shares of the company’s stock valued at $23,223,000 after buying an additional 61,251 shares during the period. Finally, Orion Porfolio Solutions LLC lifted its stake in CocaCola by 7.0% in the second quarter. Orion Porfolio Solutions LLC now owns 292,983 shares of the company’s stock valued at $20,729,000 after buying an additional 19,056 shares during the period. Institutional investors and hedge funds own 70.26% of the company’s stock.

CocaCola Company Profile

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.