The Exane Derivatives Sells 9597 Shares of Coca-Cola Co. (KO)
- Author: Zachary Reyes Feb 11, 2017,
Feb 11, 2017, 16:38
The Relative Volume of the company is 2.02 and Average Volume (3 months) is 13.47 million.
In addition to this price estimate, the leading brokerages have announced the earnings estimates for The Coca-Cola Co (NYSE:KO). Costs related to the refranchising of Coca-Cola's USA bottling operations look to be a more meaningful drag on the company's full-year profit than analysts were expecting, brokerage Cowen & Co said in a note to clients. Strong price/mix stemming from our continued focus on driving revenue and solid performance in our developed markets assisted offset persistent macroeconomic pressures in our emerging and developing markets. The Coca-Cola Company (KO) now trades with a market capitalization of $177.31 Billion. This is the Zacks Consensus estimate calculated as the arithmetic average of all the individual analyst EPS estimates according to their own proprietary methodology (BNRI Accounting). The quarterly EPS projection is set at $0.45 for the period ending on 2017-03-31. The business's quarterly revenue was down 6.9% compared to the same quarter past year.
Net revenues were $41.9 billion for the full year, a 5% decline from the prior year, influenced by a foreign currency exchange headwind of 3% and a headwind from acquisitions, divestitures, and structural items of 6%. Coca-Cola Co (KO) declared that it estimates a surprise drop in full-year profit as costs related to refranchising its US bottling operations are expected to be higher than previously anticipated. Core business organic revenues (non-GAAP) grew 4% for the full year. Company net profit margin stands at 17.00% whereas its return on equity (ROE) is 28.00%. The average true range of the stock is observed at 0.43 and the relative strength index of the stock is recorded at 44.47. The experts have a positive EPS target of $1.99 for the company while the lowest estimate for the year is set at $1.86 year. According to these analysts, the Low Revenue Estimate for The Coca-Cola Company is 8.83 Billion and the High Revenue Estimate is 9.34 Billion. The price targets are usually acts as the boosters or blasters in the performance of stock. The intense high range is put at $51 while the lowest price is $40.
As of current trade, The Coca-Cola Co (NYSE:KO) has shown weekly downbeat performance of -0.36%. Currency headwinds negatively impacted year-over-year comparison by $0.3 million and sequential comparison by $0.5 million. Year-to-date (YTD) performance of the stock illustrate downbeat trend of -0.51%. HighTower Advisors LLC's holdings in Coca-Cola Company (The) were worth $67,050,000 at the end of the most recent reporting period. The stock's current distance from 20-Day Simple Moving Average (SMA20) is -0.51% where SMA50 and SMA200 are -0.35% and -3.11% respectively.
The P/E ratio was recorded at 25.03.The volatility in the previous week has experienced by 1.06% and observed of 0.88% in the previous month.65.20% ownership is held by institutional investors while insiders hold ownership of 0.69%. The company's beta value is at 0.68. Jefferies Group LLC set a $43.00 target price on Coca-Cola Company (The) and gave the company a "neutral" rating in a research report on Tuesday, December 27th. Lowe fs LLC now owns 2,731 shares of the company's stock worth $116,000 after buying an additional 600 shares during the period.
COKE is up +9.9% over the last three months and up +14.9% over the last six months. (NYSE:CAG) for the current quarter. Through the worlds largest distribution system, consumers in almost 200 countries enjoy The Coca-Cola Companys products at a rate of more than 1 billion servings each day. On 7th Day after earnings release, The Coca-Cola Company (NYSE:KO) dropped to -3.01% from $44.14 to $42.81. The company has a Return on Assets (ROA) of 7.80%.