Coca-Cola(KO)

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5 Dividend Stocks to Buy Even if You Are Worried About a Stock Market Sell-Off
The Motley Fool· 2024-07-28 11:39
Investing in equal parts of these blue chips produces an average yield of 2.8%.Buying stocks if you're worried about a stock market sell-off sounds counterintuitive. After all, why put your hard-earned money into something if it will lose value?Historically, investing during corrections (drawdowns of at least 10%) and bear markets (drawdowns of at least 20%) has been a winning decision. Companies that pay dividends provide an added incentive to endure periods of heightened volatility.Here's why Coca-Cola (K ...
Coca-Cola Just Agreed With Pepsi and McDonald's About the Economy. Here's What It Could Mean for Investors.
The Motley Fool· 2024-07-27 09:37
When these three companies are all saying the same thing, it's important to listen.Last month, fast-food giant McDonald's (MCD 0.21%) started combating slumping sales with the launch of a $5 value meal. And the plan appears to be working.For context, in the first quarter of 2024, same-store sales for McDonald's were up less than 2% year over year. But the company had raised prices, which helped to boost the nominal sales figures. In contrast, management noted declining traffic across the entire quick-servi ...
Coca-Cola (KO) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-07-26 17:01
Investors might want to bet on Coca-Cola (KO) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Individual investors often fin ...
Is Coca-Cola (KO) a Buy as Wall Street Analysts Look Optimistic?
ZACKS· 2024-07-26 14:30
Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Let's take a look at what these Wall Street heavyweights have to say about Coca-Cola (KO) before we discuss the reliability of brokerage recommendations and how to use them to your advantage.Coca-Cola currently has an average brokerag ...
Coca-Cola: Waiting For A Better Entry Point (Rating Downgrade)
Seeking Alpha· 2024-07-25 11:00
Two women drinking cola. fotostorm In investing, I very much believe in owning dominant businesses. What do I mean? When it comes to consumer-facing companies, I want them to have millions, if not billions of daily or weekly customers. This comes with numerous benefits. For one, it usually translates into steady and predictable revenue and profits. This type of devotion to the brands of a business tends to also mean that it has significant pricing power. That can drive revenue and earnings growth over the ...
Coca-Cola Q2: A Cornerstone For Income Accounts
Seeking Alpha· 2024-07-23 22:01
pjohnson1/E+ via Getty Images KO stock: Q2 recap I last covered The Coca-Cola Company (NYSE:KO) about 3 months ago, as illustrated by the chart below. The article was titled “I Expect Market-Beating Returns” and was published on Seeking Alpha on April 22, 2024. More specifically, I made the following arguments: KO now offers an above-average dividend yield and some valuation discounts amid an expensive overall market. As a result, I expect its long-term return potential to be noticeably better than what ...
Coca-Cola(KO) - 2024 Q2 - Earnings Call Transcript
2024-07-23 16:20
The Coca-Cola Company (NYSE:KO) Q2 2024 Earnings Conference Call July 23, 2024 8:30 AM ET Company Participants Robin Halpern - VP, Head of IR James Quincey - Chairman and CEO John Murphy - President and CFO Conference Call Participants Dara Mohsenian - Morgan Stanley Lauren Lieberman - Barclays Bryan Spillane - Bank of America Bonnie Herzog - Goldman Sachs Stephen Powers - Deutsche Bank Filippo Falorni - Citi Chris Carey - Wells Fargo Securities Andrea Teixeira - JPMorgan Kaumil Gajrawala - Jefferies Rob Ot ...
Coca-Cola (KO) Advances on Q2 Earnings Beat, Higher Forecast
ZACKS· 2024-07-23 15:40
The Coca-Cola Company (KO) has reported second-quarter 2024 results, wherein the top and bottom lines surpassed the Zacks Consensus Estimate and improved year over year. The company’s results have benefited from its continued business momentum, backed by its effective all-weather strategy. Driven by the strong results, KO has raised its view for 2024.Coca-Cola has reported comparable earnings per share (EPS) of 84 cents in the second quarter, up 7% from the year-ago period. Comparable EPS also beat the Zack ...
Coca-Cola Beats Estimates and Raises Guidance on Higher Volume and Prices
Investopedia· 2024-07-23 15:22
Key TakeawaysCoca-Cola exceeded second-quarter profit and sales estimates and increased its guidance as unit volume and prices rose.Sales were up 20% year-over-year in Latin America, 10% in North America, and 7% in the Europe, Middle East & Africa region. They fell 4% in the Asia Pacific region.Coca-Cola boosted its full-year outlook for comparable EPS and organic revenue growth. Shares of Coca-Cola (KO) advanced Tuesday as the world’s biggest soft-drink maker posted better-than-expected results and raised ...
Coca-Cola Stock Nabs Fresh 2-Year High; Bulls Respond
Schaeffers Investment Research· 2024-07-23 14:13
Blue chip Coca-Cola Co (NYSE:KO) reported better-than-expected earnings and revenue for the second quarter, and lifted both its full-year sales and profit outlook thanks to strong demand. KO is 1.6% higher to trade at $65.78 at last check, and earlier scored a fresh two-year high of $66.04. The shares are consolidating above the $64.50 level, which previously acted as resistance, and also conquered 20-day moving average earlier this month. In the last nine months, the security added 18.2%.At the Internation ...