How About Coca-Cola (KO) Stock?

  How About Coca-Cola (KO) Stock? Coca-Cola (KO) closed at $55.55 on the most recent trading day, with a -1.09 % movement compared to the previous trading session. Shares of the Mega Drink Maker gained 2.61 % last month, surpassing the S&P 500's earnings. Investors will rightly expect signs of strengthening from KO in the next announcement. Estimates will be a revenue statement of $9,4 billion, supported by an increase from the previous year's quarter. Zacks Consensus Estimates are earnings per share of $2,19 and net income of $37,14 billion.

How About Coca-Cola (KO) Stock?

Investors Can Also Take Into Consideration The Revisions Made For KO And Interpret It As Good Signs!

Thanks to the Zacks Rank system, we can see the revisions much better. KO currently holds #3 (Hold Position) on the Zacks Rankings. Looking at its valuation, the KO has an Forward Price/Earnings ratio of 25.66, in comparison to the KO it can be concluded that it is trading profitably. Also, KO currently has a PEG ratio of 3.38. The PEG ratio, like the P/E average, is an indicator that calculates the earnings growth rate.

KO's PEG Ratio Appears to be Good!

The soft drinks industry currently has a Zacks Industry Rating of 125, placing it in the top 50 % of over 250 industries.    

Source: Yahoo.Finance

 

You may also be interested in:

 

Bitcoin Rises With Elon Musk’s Tweet!