The Coca-Cola Company

Last price: $59.51 Updated: 2 years ago 52w range: $51.55 to $64.99 52w change: 15.00% to -8.00% Forward PE: 19.84 Trailing EPS: 2.47 50d average: $60.10 (-1%) 200d average: $59.05 (1%)
Open: $59.25 Previous close: $59.30 Change: $0.21 (0.35%) Day high: $59.68 Day low: $58.91 Volume: 8.35 million Avg. vol 3m: 14.16 million
NYSE NYSE:KO Cap: 257.93 billion Shares outstanding: 4.3 billion Price hint: 2 Price to book: 9.88 Annual dividend rate: 1.84 Annual dividend yield: 0.03 $0.48 dividend 2 years ago
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The Coca-Cola Company, often simply referred to as Coke, is a well-established and globally recognized company based in Atlanta, Georgia. Its stocks are listed on the NYSE with the ticker symbol KO.

1. Business Overview: Founded in 1886, Coca-Cola is in the Consumer Defensive sector of the industry and operates in the Beverage industry – Soft Drinks segment. It is involved in assortments of non-alcoholic beverage concentrates and syrups worldwide. Its product line includes sparkling soft drinks; water, enhanced water, and sports drinks; juice, dairy, and plant-based beverages.

2. Financial Performance: The company has a consistent track record of delivering revenue growth and stable dividends. As of Q3 2021, it recorded a revenue growth of around 16% year over year. The company also boasts a good profit margin and has a continual positive cash flow.

3. Dividend Information: The Coca-Cola Company is known for its stability and steady dividends, making it a favored choice for consistent income. The company has increased its dividend for over 50 consecutive years, making it a Dividend King.

4. Market Performance: Coca-Cola is seen as a safe bet during market volatility due to its stable performance and reliable products which are staple consumer items not only in US but globally.

5. Risks: The primary risk for Coca-Cola is the shift in consumer preferences away from sugary drinks due to health concerns. However, the company has been proactive in diversifying its product portfolio to include healthier drinks, ready-to-drink teas, dairy products, water and energy drinks.

6. Future Outlook: The company is predicted to show steady growth. As it expands its reach in emerging markets and continues to broaden its product line, Coca-Cola is expected to perform positively in the future.

In conclusion, The Coca-Cola Company is a stable investment with consistent dividends and a diverse product range. As with all investments, you should carefully consider your financial goals, risk tolerance and invest time horizon before investing.

30 Jan 2024

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