The liquidity measure in recent quarter results of the company was recorded 1.40 as current ratio, on the other side the debt to equity ratio was 1.81, and long-term debt to equity ratio remained 1.81. The insider owns 12,000,000 shares which have current market value of around $504240000.Donald R. Keough is another major inside shareholder in the company.
Shares of Coca-Cola Company (NYSE:KO) opened at 42.02 on Thursday. The Short Ratio for the stock is 1. The stock has reduced about -7.7% since it reported its last earnings. Meeder Asset Management Inc. increased its stake in shares of Coca-Cola European Partners PLC by 19.0% in the third quarter.
The results underwhelmed investors, who sent the shares down as much as 2.9 percent to $40.81 in NY trading, the biggest intraday decline in three months. The company's stock had a trading volume of 771,679 shares. The stock's current distance from 20-Day Simple Moving Average (SMA20) is 1.67% where SMA50 and SMA200 are 5.35% and 4.49% respectively. The firm has a market capitalization of $177.78 billion, a PE ratio of 25.00 and a beta of 0.65. The most expectant earnings per share estimate of the stock is set at $1.93 while the conservative estimates kept at $1.89 over the current year. Coca-Cola Company has a 52-week low of $39.88 and a 52-week high of $47.13. Finally, Steinberg Global Asset Management increased its stake in Coca-Cola Company (The) by 2.2% in the third quarter.
Coca-Cola European Partners Plc (NYSE:CCE) jumped 105 percent over the past one year, while it rose 34.43 percent year to date (YTD).
The company also recently disclosed a special dividend, which was paid on Friday, January 13th. The reported earnings per share topped the analyst's consensus by $-0.01 with the percentage difference between estimated and actual earnings arriving at -1.00%. Moreover, the stock is up 1.69% in one month through last close, to $42.02, showing a -0.20% return during the past three months. Also, the Hold rating count is 8 as of 02/08/17. (The) set a $44.00 price objective on shares of Coca-Cola Company (The) and gave the company a "neutral" rating in a research report on Tuesday, October 25th. If you are accessing this story on another website, it was illegally stolen and reposted in violation of USA & worldwide copyright & trademark laws. According to tipranks.com, 9 analysts has covered the stock while recommending a "Hold". The average twelve-month target price among brokerages that have issued a report on the stock in the a year ago is $44.31. On seventh day of the earnings report price change of the stock was down -4.44%. Analysts have a mean recommendation of 1.80 on this stock (A rating of less than 2 means buy, "hold" within the 3 range, "sell" within the 4 range, and "strong sell" within the 5 range).
The Coca-Cola Company is a beverage company. The Company's segments include Europe, Middle East and Africa; Latin America; North America; Asia Pacific; Bottling Investments, and Corporate. Instead of bottling, KO is focusing on marketing its brands and selling syrups and concentrates to the bottlers.