Coca-Cola (KO) Ascends But Remains Behind Market: Some Facts to Note

Company Performance - Coca-Cola (KO) closed at $71.87, reflecting a +0.35% change from the previous session, which lagged behind the S&P 500's daily gain of 0.38% [1] - Over the past month, Coca-Cola shares experienced a loss of 0.97%, underperforming the Consumer Staples sector's gain of 1.23% and outperforming the S&P 500's loss of 5.59% [1] Upcoming Earnings - The upcoming earnings report for Coca-Cola is scheduled for April 29, 2025, with an expected EPS of $0.72, indicating stability compared to the same quarter last year [2] - The Zacks Consensus Estimate projects net sales of $11.13 billion, down 1.49% from the previous year [2] Full-Year Estimates - For the full year, Zacks Consensus Estimates predict earnings of $2.96 per share and revenue of $47.97 billion, representing year-over-year changes of +2.78% and +1.93%, respectively [3] - Recent changes to analyst estimates for Coca-Cola are noted, with positive revisions indicating a favorable business outlook [3] Valuation Metrics - Coca-Cola has a Forward P/E ratio of 24.22, which is a premium compared to the industry average of 18.97 [6] - The company has a PEG ratio of 3.87, while the average PEG ratio for Beverages - Soft drinks stocks is 2.64 [6] Industry Ranking - The Beverages - Soft drinks industry is part of the Consumer Staples sector and currently holds a Zacks Industry Rank of 66, placing it in the top 27% of over 250 industries [7] - The top 50% rated industries outperform the bottom half by a factor of 2 to 1, indicating a strong industry performance [7]