Within this analysis, you will find a rationale for KO's attractiveness supported by a series of comparisons between the Enterprise and some of its competitors (incl. PEP and KDP). Coca-Cola's stock price has increased ~21.5% since its crash in the second half of 2023. Its EV/EBITDA multiple is significantly higher than its competitors. However, I believe the Company has deserved its valuation.
Coca-Cola's annual return of 6.3% since 2004 lags behind the S&P 500, but recent strategic shifts have led to a 9% return. The company's focus on digital innovation, global market expansion, and strong pricing power make it a solid choice for steady returns. Despite underperformance compared to the S&P 500, Coca-Cola's strong balance sheet, dividend growth streak, and innovative strategy position it well for the future.
Coca-Cola stock has generated a total return of 10% in 2024. The company pays a higher-than-average dividend yield of 3%.
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.
Coca-Cola is a dividend king and has raised its dividend annually for 62 years. It typically yields around double the S&P 500 average.
Investors have been drawn to companies conducting forward-stock splits. Including stock dividends, Coca-Cola's shareholders have enjoyed 11 stock-split events since the company went public 105 years ago.
The latest trading day saw Coca-Cola (KO) settling at $63.84, representing a -0.2% change from its previous close.
This year is shaping up to be quite interesting, with the Federal Reserve's mixed signals on interest rates. Savvy investors look towards high-quality dividend kings to buy for additional income and stability.
In the most recent trading session, Coca-Cola (KO) closed at $63.97, indicating a +1.91% shift from the previous trading day.
Even if we include this company's hefty dividend, its shares have underperformed the S&P 500. A strong brand and huge profits can't compensate for minimal growth prospects.
The Coca-Cola Company (NYSE:KO ) Redburn Atlantic and Rothschild & Co. Consumer Conference Call June 20, 2024 8:00 AM ET Company Participants James Quincey - Chairman and Chief Executive Officer Damian Gammell - Chief Executive Officer, Europacific Partners plc Conference Call Participants Charlie Higgs - Redburn Charlie Higgs Okay. Welcome back everyone.
In the latest trading session, Coca-Cola (KO) closed at $62.63, marking a +0.02% move from the previous day.