Covering Wall Street analysts presently have a target price of $46.666 on the stock. This target price includes 12 analysts polled by Zacks Research. The highest target price estimate provided by analysts polled by Zacks Research is $52. The low end target price prediction from these same analysts stands at $40.
Zacks research also gives calculated recommendations from sell-side analysts that cover company shares. These recommendations land on a simplified scale provided by Zacks Research. Using data provided from various analysts, shares of The Coca-Cola Co (NYSE:KO) are presently listed with an ABR of 2.54. This number is using a recommendation scale where the ratings range from a 1 to a 5. Following this scale, a 1 would signify a Strong Buy while a 5 would represent a Strong Sell.
We can also take a look at some company earnings per share or EPS information. Earnings per share is the segment of profit for a company that is allocated to every outstanding share of a company’s common stock. Earnings per share numbers can serve as an indicator for the profitability of a certain company. EPS is broadly thought to be one of the most important factors when evaluating the price of a share. A Zacks consensus currently shows Street analysts projecting the company to post per share earnings of $0.48. For the period ending 2016-06-30, The Coca-Cola Co (NYSE:KO) reported actual EPS of $0.6. This number was $0.02 away from analyst predictions, providing a surprise factor of 3.45%. The company is expected to next release earnings on or around 2016-10-26.
The data in this report is in part provided by Zacks Research and Yahoo Finance. The author does not have, nor plans to take any position in The Coca-Cola Co shares within the next 14 days. Readers should not consider this as a recommendation to buy or sell company stock. This piece is for informational purposes only. Potentialy investors should always conduct full research before making investment decisions.