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.
Coca-Cola HBC's strong cash flows and upgraded full-year guidance indicate robust financial health and potential for continued growth despite challenges in Russia and FX issues. The company reported a net profit of 382M EUR in H1, with a promising outlook for H2, leading to a guidance hike. Full-year guidance now anticipates 11-13% organic revenue growth and 10-12% organic EBIT growth, reflecting improved COGS expectations.
Coca-Cola (KO) closed at $62.83 in the latest trading session, marking a +0.75% move from the prior day.
Coca-Cola products in Belgium, Luxembourg and the Netherlands have been recalled after being discovered to have "high chlorate content," the company said.
Coca-Cola (KO -2.36%) is an icon in the consumer staples sector and on Wall Street. Notably, it has been a longtime holding of Warren Buffett and Berkshire Hathaway.
Zacks.com users have recently been watching Coca-Cola (KO) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.
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In the closing of the recent trading day, Coca-Cola (KO) stood at $61.53, denoting a -0.4% change from the preceding trading day.
Some investors prefer to own businesses registering tremendous revenue or user growth. The hope is that this can lead to huge returns.
Coca-Cola FEMSA offers a rare buying opportunity with its dominant market position in Latin America and attractive valuation, trading at a significant discount. The company has shown consistent revenue and earnings growth, despite currency headwinds, and is expected to grow EPS by double digits in 2025 and 2026. Coca-Cola FEMSA's 4.3% dividend yield, low payout ratio, and potential for dividend growth make it appealing for long-term dividend investors.
Coca-Cola (KO) reachead $62.71 at the closing of the latest trading day, reflecting a +0.74% change compared to its last close.