Coca-Cola moved -0.0% this afternoon session, trading between a high of $58.39 and a low of $57.92 per share. Yesterday the stock finished at $58.3 per share, compared to an average analyst target price of $69.86.
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The large-cap beverages (production/distribution) company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.1%. Coca-Cola has trailing twelve months earnings per share (EPS) of 2.41, which at today's prices amounts to a price to earnings (P/E) ratio of 24.2.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 3.46. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
| Date Reported | Revenue ($ k) | Cost of Revenue ($ k) | Gross Margins (%) | YoY Growth (%) |
|---|---|---|---|---|
| 2023-02-21 | 43,004,000 | -18,000,000 | 57 | -5.0 |
| 2022-02-22 | 38,655,000 | -15,357,000 | 60 | 1.69 |
| 2021-02-25 | 33,014,000 | -13,433,000 | 59 | -3.28 |
| 2020-02-24 | 37,266,000 | -14,619,000 | 61 | -1.61 |
| 2019-02-21 | 34,300,000 | -13,067,000 | 62 | -1.59 |
| 2018-02-23 | 35,410,000 | -13,255,000 | 63 |
At 60.3%, Coca-Cola's average gross margins are wider than the 53.55% average of its industry peer group, which suggests that the firm might have a competitive advantage.
