Stock Update (NYSE:KO): The Coca-Cola Foundation Gives Back $84.5 Million in 2015 to Benefit Nearly 300 Organizations

[Business Wire] – The Coca-Cola Foundation donated USD $84.5 million to nearly 300 organizations in 2015. These grants will directly benefit communities across more than 70 countries and territories, with approximately 95 percent of the grants focused on The Coca-Cola Company’s core sustainability priorities of women, water and well-being. Read more on this. The Coca-Cola Company (KO) , with a current value of $184.05B, began trading this morning at $42.03. Shares have traded today between $41.98 and $42.60 per share with its 52-week range being $36.56 to $43.91. KO shares are currently priced at 21.43x this year’s forecasted earnings, which makes them relatively inexpensive compared to the industry ’s 36.27x earnings multiple for the same period. The company pays shareholders $1.32 per share in dividend income per year, for a current yield of 3.11%. Consensus earnings for the current quarter by the 21 sell-side analysts covering the stock is an estimate of $0.37 per share, which would be $0.07 worse than the year-ago quarter and a $0.01 sequential decrease. Furthermore, our analysis shows the full-year EPS estimate to be $1.99, which would be a $0.05 setback when compared to the last year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.91 Billion. If realized, that would be a 9.08% decrease over the year-ago quarter. More recently, Societe Generale upgraded KO from Sell to Hold (Feb 10, 2016). Previously, Stifel upgraded KO from Hold to Buy. With the above information in mind, readers should note that the average price target is $46.10, which is 9.68% above where the stock opened this morning. See more in (NYSE:KO) Similar Articles: Market Update: The Coca-Cola Company (NYSE:KO) – Argentina says Coca-Cola to invest $1 bln over four years Market Update: The Coca-Cola Company (NYSE:KO) – Coca-Cola Announces “One Brand” Global Marketing Approach Market Update (NYSE:KO): IGN and Coca-Cola Partner To Create New Series, “ESPORTS WEEKLY with Coca-Cola”