$60.13
The Coca-Cola Company is a multinational beverage company based in Atlanta, Georgia. Founded in 1892 by pharmacist John Stith Pemberton, Coca-Cola is best known for its Coca-Cola carbonated beverage thats global popularity helped propel the beverage company to becoming one of the world's largest companies. Today’s Coca Cola has a beverage line that also includes popular brands such as Sprite, Minute Maid, Zico Coconut Water, Honest Tea, Dasani and Powerade.
How to buy shares in The Coca-Cola Company
- Choose a platform. If you're a beginner, our stock trading platform picks below can help you choose.
- Open your account. Provide your personal information and sign up.
- Confirm your payment details. You'll need to fund your account with a bank transfer, debit card or credit card.
- Search the platform for stock code: KO in this case.
- Research stocks. The platform should provide the latest information available.
- Buy your stocks. Place a market order or limit order with your preferred number of shares. It's that simple.
Our top picks for buying The Coca-Cola Company stock
- Trade options, futures, options on futures, stocks, ETFs
- $0 commission to close options
- Get $100-$5,000 when you open an account with $5,000 to $1,000,000+
- Earn up to 3% in matching funds on Robinhood IRA contributions
- Earn up to 5.25% interest on uninvested cash
- Get a free stock when you successfully sign up and link your bank account
- Trade fractional shares of stocks, ETFs and Bitcoin
- Invest with as little as $1
- Free to open, no minimum balance required and no commission fees
Latest updates for The Coca-Cola Company
March 11, 2024: Coca-Cola closed the most recent trading day at $60.24, moving +1.21% from the previous trading session. This change outpaced the S&P 500's 0.11% loss on the day, according to Yahoo Finance.
March 7, 2024: Argus analyst Taylor Conrad raised the firm's price target on Coca-Cola to $70 from $67 while keeping a buy rating on the shares, according to The Street.
March 4, 2024: The Coca-Cola Company will increase its dividend from last year's comparable payment on the 1st of April to $0.485. The payment will take the dividend yield to 3.3%, which is in line with the average for the industry, according to Yahoo Finance.
February 22, 2024: Zacks Investment Research highlighted Coca Cola's stock this week, partially due to its board of directors recently approving a 5.4% boost to its quarterly payout, reflecting its 62nd consecutive annual dividend increase, according to Yahoo Finance.
Looking ahead - Coca-Cola stock Q1 2024
For the first quarter, Coca is expecting a 4% headwind from currency exchange rates on comparable revenue, with the headwind also slowing down the growth of its earnings per share. It guided for an 8% hit from currency changes during the quarter.
As for the full year, Coca Cola guided for organic revenue growth between 6% and 7% with a 4% to 5% rise in comparable earnings per share. Coca Cola warned that foreign exchange rates will impact both its top and bottom lines, according to Yahoo Finance.
Is it a good time to buy The Coca-Cola Company stock?
Only you can make the decision on the time to leap... but here's some supporting information and analysis.
Share price volatility
Over the last 12 months, The Coca-Cola Company's shares have ranged in value from as little as $51.1428 up to $63.4856. A popular way to gauge a stock's volatility is its "beta".
Beta is a measure of a share's volatility in relation to the market. The market (NYSE average) beta is 1, while The Coca-Cola Company's is 0.591. This would suggest that The Coca-Cola Company's shares are less volatile than average (for this exchange).
Historical closes compared with the last close of $60.13
1 week (2024-03-12) | -0.61% |
---|---|
1 month (2024-02-16) | 1.25% |
3 months (2023-12-19) | 2.21% |
6 months (2023-09-19) | 3.35% |
1 year (2023-03-17) | 0.18% |
2 years (2022-03-18) | 0.05% |
3 years (2021-03-19) | 18.34% |
5 years (2019-03-19) | 31.98% |
The gauge below shows real-time ratings that are based on 26 popular indicators such as moving averages, for specific time periods. It's not a recommendation but is simply technical analysis that can form part of your research.
Finder might not agree with the analysis and we take no responsibility. We also give no representations or warranty on the accuracy or completeness of the information provided on this page.
Buy The Coca-Cola Company stock from these online trading platforms
Compare special offers, low fees and a wide range of investment options among top trading platforms.Paid non-client promotion. Finder does not invest money with providers on this page. If a brand is a referral partner, we're paid when you click or tap through to, open an account with or provide your contact information to the provider. Partnerships are not a recommendation for you to invest with any one company. Learn more about how we make money.
Finder is not an adviser or brokerage service. Information on this page is for educational purposes only and not a recommendation to invest with any one company, trade specific stocks or fund specific investments. All editorial opinions are our own.
Is The Coca-Cola Company under- or over-valued?
Valuing a stock is incredibly difficult, and any metric has to be viewed as part of a bigger picture of overall performance. However, analysts commonly use some key metrics to help gauge value. Check out the The Coca-Cola Company P/E ratio, PEG ratio and EBITDA
The Coca-Cola Company's current stock price divided by its per-share earnings (EPS) over a 12-month period gives a "trailing price/earnings ratio" of roughly 24x. In other words, The Coca-Cola Company stocks trade at around 24x recent earnings.
That's relatively high compared to, say, the trailing 12-month P/E ratio for the United States stock markets on average as of November 10, 2023 (20.44). The high P/E ratio could mean that investors are optimistic about the outlook for the shares or simply that they're over-valued.
However, The Coca-Cola Company's P/E ratio is best considered in relation to those of others within the industry or those of similar companies.
- PepsiCo (PEP.US): 25.08
- Dr Pepper Snapple Group (DPS.US): 20.17
- Monster Beverage (MNST.US): 39.16
The Coca-Cola Company's "price/earnings-to-growth ratio" can be calculated by dividing its P/E ratio by its growth – to give 2.8282. Higher PEG ratios such as this can be interpreted as meaning the shares offer worse value given the current rate of growth.
The PEG ratio provides a broader view than just the P/E ratio, as it gives more insight into The Coca-Cola Company's future profitability. By accounting for growth, it could also help you if you're comparing the stock prices of multiple high-growth companies.
However, it's sensible to consider The Coca-Cola Company's PEG ratio in relation to those of similar companies.
- PepsiCo (PEP.US): 2.45
- Dr Pepper Snapple Group (DPS.US): 2.23
- Monster Beverage (MNST.US): 2.08
The Coca-Cola Company's EBITDA (earnings before interest, taxes, depreciation and amortisation) is a whopping $14.4 billion.
The EBITDA is a measure of a The Coca-Cola Company's overall financial performance and is widely used to measure a its profitability.
To put that into context you can compare it against similar companies.
- PepsiCo (PEP.US): USD$16.3 billion
- Dr Pepper Snapple Group (DPS.US): USD$1.6 billion
- Monster Beverage (MNST.US): USD$2.1 billion
Frequently asked questions
More guides on Finder
-
10 best brokerage account bonuses of 2024
Explore the best bonuses for opening a new brokerage account.
-
11 best trading platforms for beginners 2024
These are the best trading platforms for beginners, according to Finder’s comprehensive analysis.
-
5 best international stock brokers of 2024
Want to buy and sell international stocks? Here are the top brokers to help you trade global markets.
-
5 best stock picking services of 2024
Compare the 5 best stock picking services, according to Finder’s analysis, and learn how to choose the best option for your needs.
-
Cash App Investing review 2024
Finder’s Cash App review covers fees, features and feedback to consider before you invest.
-
Methodology for online brokers
Our star ratings for online brokerages are based on how they stack up in nine key categories.
-
How to invest in the S&P 500 in 2024
What you need to know about investing in the leading indicator for the overall US stock market.
-
E-Trade review 2024
Take advantage of commission-free trading with stocks, ETFs and options with a flexible trading platform.
-
Webull review 2024
Webull is a broker with zero-commission trading and a suite of tools to help you invest.
-
Acorns review 2024
Acorns is a financial service that rounds up your purchases and turns the extra change into investments.
Ask an Expert