News stories about The Coca-Cola (NYSE:KO) have trended somewhat positive recently, according to Accern. The research firm scores the sentiment of media coverage by monitoring more than twenty million blog and news sources in real time. Accern ranks coverage of public companies on a scale of -1 to 1, with scores closest to one being the most favorable. The Coca-Cola earned a news sentiment score of 0.25 on Accern’s scale. Accern also gave media headlines about the company an impact score of 46.3737828310801 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the company’s share price in the immediate future.
These are some of the media headlines that may have impacted Accern Sentiment Analysis’s scoring:
Shares of The Coca-Cola (NYSE:KO) traded down $0.01 during mid-day trading on Friday, reaching $46.07. 13,110,000 shares of the company’s stock were exchanged, compared to its average volume of 10,450,000. The Coca-Cola has a twelve month low of $40.22 and a twelve month high of $47.48. The stock has a market capitalization of $196,290.00, a PE ratio of 43.88, a P/E/G ratio of 3.75 and a beta of 0.70. The company has a current ratio of 1.39, a quick ratio of 1.30 and a debt-to-equity ratio of 1.47.
The Coca-Cola (NYSE:KO) last announced its quarterly earnings data on Wednesday, October 25th. The company reported $0.50 earnings per share (EPS) for the quarter, topping the Zacks’ consensus estimate of $0.49 by $0.01. The firm had revenue of $9.08 billion during the quarter, compared to analysts’ expectations of $8.73 billion. The Coca-Cola had a net margin of 12.20% and a return on equity of 36.21%. The company’s revenue for the quarter was down 14.6% compared to the same quarter last year. During the same period in the prior year, the company posted $0.49 earnings per share. sell-side analysts predict that The Coca-Cola will post 1.91 earnings per share for the current year.
The company also recently disclosed a quarterly dividend, which was paid on Friday, December 15th. Stockholders of record on Friday, December 1st were paid a $0.37 dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a $1.48 dividend on an annualized basis and a dividend yield of 3.21%. The Coca-Cola’s dividend payout ratio (DPR) is presently 140.95%.
Several research analysts have recently weighed in on the stock. Stifel Nicolaus reissued a “hold” rating and set a $49.00 price objective on shares of The Coca-Cola in a report on Friday, December 22nd. Royal Bank of Canada set a $56.00 price objective on shares of The Coca-Cola and gave the company a “buy” rating in a report on Tuesday. Cowen reissued a “hold” rating and set a $42.00 price objective on shares of The Coca-Cola in a report on Thursday, September 28th. Macquarie assumed coverage on shares of The Coca-Cola in a report on Friday, September 15th. They set a “neutral” rating and a $47.00 price objective for the company. Finally, Zacks Investment Research raised shares of The Coca-Cola from a “hold” rating to a “buy” rating and set a $52.00 price objective for the company in a report on Monday, October 16th. Two research analysts have rated the stock with a sell rating, fourteen have given a hold rating and eleven have given a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of $48.60.
In other news, insider J Alexander Douglas, Jr. sold 338,009 shares of the stock in a transaction on 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 sale, the insider now directly owns 320,013 shares of the company’s stock, valued at $14,749,399.17. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Corporate insiders own 1.51% of the company’s stock.
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The Coca-Cola Company Profile
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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