The Coca-Cola Company (NYSE:KO) stock is presently standing at about $41.04 and lots of equity research firms seem to have a target price set on the stock. The median one-year price target of 19 analysts covering the company is $45.00, which suggests the stock could still rise over 9 percent. The highest analyst price target is $50.00, which implies a rally of 78 percent. And a quick view of analyst notes show that 7 are rating the stock a buy while 4 rate KO a strong buy. There are 10 equity research firms advocating a Hold and 0 consider it Sell.
Barclays analysts provided their view on The Coca-Cola Company (NYSE:KO) recently. The rating firm issued a Equal Weight rating to this company in a research note released on Jan 09, 2017. Goldman analysts disclosed their opinion on The Coca-Cola Company (NYSE:KO) recently. The rating firm gave a Sell rating to this stock in a research note published on Jan 09, 2017. According to a research note disclosed on Dec 16, 2016, analysts at Morgan Stanley have lowered their rating on these shares from Overweight to Equal-Weight.
The Coca-Cola Company (NYSE:KO) Transactions Roundup
Several insiders were part of recent insider activity for the stock. Its Senior VP, General Counsel Goepelt Bernhard sold 8,943 company shares for $373000.37, in a transaction on 2016-11-04. Following the transaction, the Senior VP, General Counsel is left with a stake of 373.37 shares, currently valued at $15323. Meanwhile, Executive VP, CFO Waller Kathy N sold 36,342 shares worth $1528000.54, through a transaction dated 2016-11-03. Following the completion of the transaction, the insider is left with a stake of 83,728 shares, amounting $3436197.12. KO Executive Vice President DOUGLAS J ALEXANDER JR also sold 572,748 shares, at a stock price of $45.25. This transaction occurred on 2016-06-20 totals $25916000.85. After this transaction, the insider’s stake stands at 225,148 shares, with a market value of $9240074.
Executives hold 0.32 percent of the stock. Herbert A. Allen is one of the biggest insider owners in The Coca-Cola Company (NYSE:KO), according to U.S. Securities and Exchange Commission (SEC) filings. The insider owns 12,000,000 shares which have current market value of around $492480000.Donald R. Keough is another major inside shareholder in the company. The insider owns 8,968,000 shares as of 0.21%, currently worth $368046720. Barry Diller is ranked as third insider holder of the stock. This insider holds 1,736,000 shares with a market value around $71245440 as of recent close.
The Coca-Cola Company (NYSE:KO) Earnings Outlook
In The Coca-Cola Company (NYSE:KO)’s latest quarter, EPS moved to $0.49 from $0.60 in preceding quarter and revenues reached at $10,626.00M compared to $11,524.00M. Analysts had expected The Coca-Cola Company (NYSE:KO) to post net income of about $0.48 per share on $10,513.10M in revenue. Looking ahead, analysts on average predict that earnings for the current quarter would come in in the range of $0.57 to $0.62. That is compared with the $0.38 in EPS it reported during the same period a year ago.