Coca-Cola Co Stock Buy Recommendation Reiterated (KO)
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- The stock has risen over the past year as investors have generally rewarded the company for its earnings growth and other positive factors like the ones we have cited in this report. Turning our attention to the future direction of the stock, it goes without saying that even the best stocks can fall in an overall down market. However, in any other environment, this stock still has good upside potential despite the fact that it has already risen in the past year.
- Despite its growing revenue, the company underperformed as compared with the industry average of 2.0%. Since the same quarter one year prior, revenues slightly increased by 0.8%. This growth in revenue appears to have trickled down to the company's bottom line, improving the earnings per share.
- The gross profit margin for COCA-COLA CO is rather high; currently it is at 64.80%. It has increased from the same quarter the previous year. Along with this, the net profit margin of 18.70% is above that of the industry average.
- Net operating cash flow has increased to $3,662.00 million or 15.95% when compared to the same quarter last year. The firm also exceeded the industry average cash flow growth rate of 5.64%.
- COCA-COLA CO has improved earnings per share by 5.3% in the most recent quarter compared to the same quarter a year ago. This company has reported somewhat volatile earnings recently. But, we feel it is poised for EPS growth in the coming year. During the past fiscal year, COCA-COLA CO reported lower earnings of $1.85 versus $2.53 in the prior year. This year, the market expects an improvement in earnings ($2.00 versus $1.85).
--Written by a member of TheStreet Ratings Staff. FREE for a limited time only: Get TheStreet Ratings #1 Stock Report NOW!
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