Coca-Cola (KO) Expected to Announce Quarterly Earnings on Tuesday

Coca-Cola (NYSE:KO - Get Free Report) is projected to issue its Q1 2025 quarterly earnings data before the market opens on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.72 per share and revenue of $11.23 billion for the quarter. Coca-Cola has set its FY 2025 guidance at 2.940-2.970 EPS.

Coca-Cola (NYSE:KO - Get Free Report) last released its earnings results on Tuesday, February 11th. The company reported $0.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.51 by $0.04. Coca-Cola had a net margin of 22.59% and a return on equity of 45.37%. On average, analysts expect Coca-Cola to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

Coca-Cola Trading Down 0.8 %

KO stock traded down $0.58 on Wednesday, hitting $73.32. 16,349,742 shares of the company were exchanged, compared to its average volume of 15,399,074. The company has a debt-to-equity ratio of 1.61, a current ratio of 1.03 and a quick ratio of 0.84. The stock has a market capitalization of $315.52 billion, a price-to-earnings ratio of 29.68, a price-to-earnings-growth ratio of 3.79 and a beta of 0.45. Coca-Cola has a twelve month low of $59.84 and a twelve month high of $74.38. The business's fifty day moving average is $70.56 and its two-hundred day moving average is $66.43.

Coca-Cola Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, April 1st. Investors of record on Friday, March 14th were issued a $0.51 dividend. The ex-dividend date was Friday, March 14th. This represents a $2.04 dividend on an annualized basis and a yield of 2.78%. This is a boost from Coca-Cola's previous quarterly dividend of $0.49. Coca-Cola's dividend payout ratio (DPR) is presently 82.59%.

Insider Activity

In related news, insider Bruno Pietracci sold 19,058 shares of the business's stock in a transaction that occurred on Monday, February 24th. The stock was sold at an average price of $70.56, for a total transaction of $1,344,732.48. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Henrique Braun sold 25,277 shares of the stock in a transaction on Tuesday, March 11th. The shares were sold at an average price of $71.47, for a total value of $1,806,547.19. Following the transaction, the chief operating officer now directly owns 52,466 shares of the company's stock, valued at approximately $3,749,745.02. The trade was a 32.51 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders have sold 313,423 shares of company stock valued at $22,263,071. Company insiders own 0.97% of the company's stock.

Hedge Funds Weigh In On Coca-Cola

A hedge fund recently raised its stake in Coca-Cola stock. Revolve Wealth Partners LLC lifted its stake in shares of The Coca-Cola Company (NYSE:KO - Free Report) by 3.4% during the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 8,795 shares of the company's stock after purchasing an additional 293 shares during the period. Revolve Wealth Partners LLC's holdings in Coca-Cola were worth $548,000 at the end of the most recent quarter. Institutional investors own 70.26% of the company's stock.

Analysts Set New Price Targets

KO has been the topic of several research reports. DZ Bank upgraded shares of Coca-Cola from a "hold" rating to a "buy" rating and set a $75.00 price target on the stock in a report on Thursday, February 13th. Barclays reaffirmed an "overweight" rating on shares of Coca-Cola in a research report on Thursday, March 27th. TD Cowen upgraded Coca-Cola from a "hold" rating to a "buy" rating and set a $75.00 price target for the company in a report on Wednesday, January 8th. Evercore ISI raised their price target on shares of Coca-Cola from $72.00 to $75.00 and gave the company an "outperform" rating in a report on Wednesday, February 12th. Finally, Royal Bank of Canada reiterated an "outperform" rating and issued a $69.00 price objective on shares of Coca-Cola in a report on Thursday, February 6th. Two equities research analysts have rated the stock with a hold rating, seventeen have given a buy rating and two have issued a strong buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Buy" and a consensus target price of $75.06.

Coca-Cola Company Profile

The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The company provides sparkling soft drinks, sparkling flavors; water, sports, coffee, and tea; juice, value-added dairy, and plant-based beverages; and other beverages. It also offers beverage concentrates and syrups, as well as fountain syrups to fountain retailers, such as restaurants and convenience stores.