Several equities analysts have already predicted that the stocks of KO would be posting a sales sum of $8.47 billion for this quarter. The report stated that four investment analysts have already given estimates into the earnings of the company. The highest estimate of sale has come in at $8.72 billion, with the lowest coming in at $8.15 billion. The company did post a sales sum of $8.60 billion for the previous year, so this is indicative of a negative annual growth rate of about 1.5%. KO will be posting its next quarterly report on the 19th of April.
The Quarterly Estimates Of KO
The company did post their previous quarterly earnings report on the 9th of February. The EPS reported by the company for the quarter was $0.47 which was more than the consensus estimate set at $0.42. The revenue generated by the company was $8.60 billion, which was slightly less than the consensus estimate set at $8.62 billion. The net margin of the company over the quarter was 24.90%, with a 41.37% return on equity.
The stocks of KO traded on Friday at $53.68. The moving average price of the company over 50 days is $51.63, with the moving average price of the company over 200 days set at $51.19. The quick ratio of the company is 1.01, with a 1.13 current ratio. The market cap of the firm is $231.32 billion, with a 27.96 PE ratio, along with a 5.70 PEG ratio. The year low of the company is $43.20, with a year high of around $54.93.
There have been quite a few research equities that have commented on the stocks of KO. JPMorgan Chase & Co has reduced the rating of the company from overweight to neutral in a 7th January research report. Morgan Stanley has also reduced the price target of the company from $59 to $55 with a rating of overweight in a 14th January research report.
