Media stories about Coca-Cola (NYSE:KO) have trended somewhat positive recently, according to Accern. The research firm ranks the sentiment of press coverage by analyzing more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of negative one to positive one, with scores nearest to one being the most favorable. Coca-Cola earned a media sentiment score of 0.13 on Accern’s scale. Accern also gave headlines about the company an impact score of 46.454306183621 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
These are some of the news headlines that may have impacted Accern Sentiment’s scoring:
Shares of Coca-Cola (NYSE:KO) opened at $46.23 on Tuesday. The company has a debt-to-equity ratio of 1.47, a current ratio of 1.39 and a quick ratio of 1.30. Coca-Cola has a 52 week low of $40.22 and a 52 week high of $47.48. The stock has a market cap of $196,970.00, a price-to-earnings ratio of 24.32, a price-to-earnings-growth ratio of 3.89 and a beta of 0.70.
Coca-Cola (NYSE:KO) last issued its quarterly earnings results on Wednesday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.49 by $0.01. Coca-Cola had a net margin of 12.20% and a return on equity of 36.21%. The firm had revenue of $9.08 billion for the quarter, compared to analyst estimates of $8.73 billion. During the same period in the previous year, the business earned $0.49 EPS. The company’s revenue was down 14.6% compared to the same quarter last year. equities research analysts anticipate that Coca-Cola will post 1.9 earnings per share for the current fiscal year.
The company also recently disclosed a quarterly dividend, which will be paid on Friday, December 15th. Stockholders of record on Friday, December 1st will be given a $0.37 dividend. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.20%. The ex-dividend date of this dividend is Thursday, November 30th. Coca-Cola’s dividend payout ratio (DPR) is presently 140.95%.
A number of equities analysts have issued reports on KO shares. Susquehanna Bancshares set a $41.00 price objective on shares of Coca-Cola and gave the company a “hold” rating in a research note on Wednesday, November 15th. Goldman Sachs Group set a $45.00 price objective on shares of Coca-Cola and gave the company a “sell” rating in a research note on Wednesday, November 15th. J P Morgan Chase & Co set a $49.00 price objective on shares of Coca-Cola and gave the company a “neutral” rating in a research note on Thursday, November 16th. Wells Fargo & Company raised shares of Coca-Cola from a “market perform” rating to an “outperform” rating and raised their price objective for the company from $46.72 to $51.00 in a research note on Tuesday, November 14th. Finally, Royal Bank Of Canada set a $49.00 price objective on shares of Coca-Cola and gave the company a “buy” rating in a research note on Sunday, November 12th. Two investment analysts have rated the stock with a sell rating, sixteen have issued a hold rating and nine have assigned a buy rating to the stock. The stock presently has a consensus rating of “Hold” and an average price target of $47.80.
In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of Coca-Cola stock in a transaction dated Wednesday, November 8th. The shares were sold at an average price of $46.09, for a total value of $15,578,834.81. Following the completion of the transaction, the insider now owns 320,013 shares of the company’s stock, valued at approximately $14,749,399.17. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 1.51% of the company’s stock.
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The Coca-Cola Company is a beverage company. The Company owns or licenses and markets non-alcoholic beverage brands, primarily sparkling beverages and a range of still beverages, such as waters, flavored waters and enhanced waters, juices and juice drinks, ready-to-drink teas and coffees, sports drinks, dairy and energy drinks.
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