Soft drink giant Coca-Cola (KO 0.76%) and sporting apparel veteran Nike (NKE -4.26%) have a lot in common. I'm not talking about their long and storied business histories, their proven ability to deliver market-beating returns in the long run, or their household-name status in American culture.
Everyone loves a bargain, especially on Wall Street. But just because a company's stock is cheap doesn't mean it is worth owning.
Coca-Cola (KO) has been one of the stocks most watched by Zacks.com users lately. So, it is worth exploring what lies ahead for the stock.
Hardly a person hasn't heard of Coca-Cola (KO 0.27%) given that its namesake soda is one of the best-known brands around the world. The stock has also been a long-term holding in investment legend Warren Buffett's Berkshire Hathaway portfolio.
Evaluate the expected performance of Coca-Cola (KO) for the quarter ended December 2024, looking beyond the conventional Wall Street top-and-bottom-line estimates and examining some of its key metrics for better insight.
KO's fourth-quarter results are expected to reflect positive business trends, backed by a robust brand portfolio, favorable pricing/mix and revenue growth in its segments.
Coca-Cola (KO) concluded the recent trading session at $62.67, signifying a -1.07% move from its prior day's close.
Coca-Cola (KO) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Coca-Cola shares have risen 18% since October 2023 but face new risks from tariffs, leading to a downgrade to a hold rating. Trump's tariffs on imports from Mexico, Canada, and China will likely increase Coca-Cola's input costs, compressing margins and potentially leading to price hikes. Analysts are pessimistic about Coca-Cola's Q4 earnings, with more downward EPS and revenue revisions, signaling concerns about the company's ability to navigate tariffs.
There's no doubt that most people on the face of the planet have heard of or been a customer of Coca-Cola (KO -0.20%). The company that offers its namesake drink, as well as more than 200 others, has a presence in a jaw-dropping 200 countries and territories.
What makes a great dividend stock? It's more than just the yield.
Coca-Cola's stock shows bullish technical indicators with a double bottom, positive PPO, and bullish EMA crossover, suggesting potential for further gains. Despite recent negative revisions, Wall Street's confidence in Coca-Cola's recovery is evident, with expectations of higher revenue and EPS growth in 2024. Key factors to watch include volume growth, margin improvements, and the impact of a strong US dollar on international revenues.