Coca-Cola moved -4.8% this evening session, trading between a high of $54.95 and a low of $52.235 per share. Yesterday the stock finished at $55.04 per share, compared to an average analyst target price of $69.57.
The Coca-Cola Company, a beverage company, manufactures, markets, and sells various nonalcoholic beverages worldwide. The large-cap beverages (production/distribution) company is based in the United States, and over the last twelve months it has returned a dividend yield of 3.3%. Coca-Cola has trailing twelve months earnings per share (EPS) of 2.42, which at today's prices amounts to a price to earnings (P/E) ratio of 21.6.
Based on its expected future earnings growth, the company has a price to earnings growth (PEG) ratio of 3.27. Usually a PEG ratio between 0 and 1 indicates a potentially undervalued company.
Overview of the Company's Gross Margins:
|Date Reported||Revenue ($ k)||Cost of Revenue ($ k)||Gross Margins (%)||YoY Growth (%)|
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.