The CEO of KO, James Quincey, has already sold close to 110,000 shares of the stocks of the company in a 23rd April research note. The average price of the shares was $54.48, which has a total valuation of around $6 million. After the completion of this transaction, the CEO has ownership of around 266,718 shares of this company- with a total valuation of $14,530,796. The transaction has been put up on the official SEC website.
The Quarterly Estimates Of KO
The stocks of KO opened on Tuesday at $0.14. The market cap of the firm has been set at $230.63 billion, with a 27.95 PE ratio, and a PEG ratio of around 5.70, with a 0.58 beta. The moving average price of the company over a period of 50 days is $52.49, with a moving average price of the company over 200 days set at $51.43. The current ratio of the company is 1.13, with a 1.01 quick ratio. The year low of the company is $43.20, with a year high of around $54.93.
KO had previously published its quarterly report on the 18th of April. The EPS reported by the company during this quarter was $0.55, with a consensus estimate of $0.50. The net margin of the company is 24.90%, with a 41.37% return on equity. The revenue generated by the company during this period was $9 billion, which is more than the consensus estimate of $8.58 billion.
There have been quite a few research equities that have commented on the stocks of KO. JPMorgan Chase & Co has reduced the rating of the company from overweight to neutral with a price target of $55 in a 7th January research note. Morgan Stanley has also increased the price target of the company from $55 to $60 with a rating of overweight in a Monday research report. Evercore ISI has also given KO a rating of “outperform” with a price target set at $63 in a 20th April research report.