Market Update (NYSE:KO): The Coca-Cola Company to Present at Consumer Analyst Group of New York Conference

[Business Wire] – The Coca-Cola Company today announced that James Quincey, President and Chief Operating Officer, and Kathy Waller, Executive Vice President and Chief Financial Officer, will present at 10:45 a.m. Read more on this. The Coca-Cola Company (KO) , with a current market cap of $184.92B, started trading this morning at $42.70. Looking at the equity, the company’s one day range is $42.43 to $42.79 and has traded between $36.56 and $43.91 over the past year. KO shares are currently priced at 21.61x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 37.00x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.32 per share annually in dividends, yielding 3.08%. According to a consensus of 20 analysts, the earnings estimate of $0.37 per share would be $0.07 worse than the year-ago quarter and a $0.01 sequential decrease. Investors should also note that the full-year EPS estimate of $1.99 is a $0.05 setback when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.89 Billion. If realized, that would be a 9.27% decrease over the year-ago quarter. More recently, Stifel upgraded KO from Hold to Buy (Jan 12, 2016). Previously, Sterne Agee CRT Initiated KO at to Buy. Investors should keep in mind is that the average price target is $45.65, which is 6.91% above where the stock opened this morning. See more in (NYSE:KO) Similar Articles: Market Update: The Coca-Cola Company (NYSE:KO) – Coca-Cola Announces “One Brand” Global Marketing Approach Company Update (NYSE:KO): The Coca-Cola Company to Participate in the Barclays Global Consumer Staples Conference Company Update: The Coca-Cola Company (NYSE:KO) – Robbins Arroyo LLP: Acquisition of Coca-Cola Enterprises, Inc. (CCE) by Coca-Cola Erfrischungsgetranke AG (KO) and Coca-Cola Iberian Partners SA (Private) May Not Be in Shareholders’ Best Interests