Coca-Cola (NYSE:KO) Announces Earnings Results, Beats Estimates By $0.04 EPS

Coca-Cola (NYSE:KO) issued its quarterly earnings results on Tuesday. The company reported $0.55 EPS for the quarter, topping the consensus estimate of $0.51 by $0.04, Zacks reports. Coca-Cola had a net margin of 22.45% and a return on equity of 44.01%. Coca-Cola updated its FY 2025 guidance to 2.940-2.970 EPS.

Coca-Cola Stock Up 1.7 %

Shares of Coca-Cola stock opened at $68.73 on Thursday. The firm has a market cap of $296.08 billion, a price-to-earnings ratio of 28.40, a P/E/G ratio of 3.55 and a beta of 0.61. The stock has a 50-day simple moving average of $62.76 and a 200-day simple moving average of $66.33. Coca-Cola has a 52-week low of $57.93 and a 52-week high of $73.53. The company has a debt-to-equity ratio of 1.53, a current ratio of 1.06 and a quick ratio of 0.90.

Analyst Ratings Changes

Several brokerages have recently issued reports on KO. JPMorgan Chase & Co. lowered their price objective on shares of Coca-Cola from $75.00 to $70.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 28th. Deutsche Bank Aktiengesellschaft upgraded shares of Coca-Cola from a “hold” rating to a “buy” rating and lifted their price target for the stock from $68.00 to $70.00 in a research report on Thursday, December 12th. Piper Sandler cut their price objective on Coca-Cola from $74.00 to $73.00 and set an “overweight” rating for the company in a research report on Thursday, January 23rd. Royal Bank of Canada restated an “outperform” rating and issued a $69.00 target price on shares of Coca-Cola in a report on Thursday, February 6th. Finally, Truist Financial boosted their target price on Coca-Cola from $70.00 to $80.00 and gave the stock a “buy” rating in a research report on Wednesday, October 16th. Two equities research analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $73.41.

About Coca-Cola

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.