Is it good to buy Coca Cola stock? (2024)

Is it good to buy Coca Cola stock?

Don't hesitate to buy Coca-Cola stock in 2024

Is Coca-Cola a good investment stock?

The beverage behemoth ticks off all of the most important boxes for a buy-and-hold investment. Are you looking for a new, all-around sort of pick for your portfolio? If so, take a good long look at The Coca-Cola Company (KO 1.50%).

Is Coca-Cola a good stock to buy in 2024?

Profitability looks a little tastier, given that the collective estimate for 2024 per-share net income growth is 4% this year and nearly 7% in 2025. As for valuations, Coca-Cola stock currently trades at a forward P/E of nearly 24, which on first glance might seem rich given that anticipated single-digit growth.

How much will Coca-Cola stock be worth in 5 years?

Is Coca-Cola dividend good?

At the current stock price, the dividend yields 3.1%, or about 2.5 times the average S&P 500 yield. Coca-Cola isn't just a top dividend stock because of its high yield; the dividend is reliable and growing. co*ke paid $8 billion in dividends in 2023, with a payout ratio of 74%.

Is Coca-Cola good for long term investment?

Economic Moat Rating. We believe co*ke has built a wide moat around its global beverage operations, based on strong intangible assets and a significant cost advantage that will enable the company to deliver excess investment returns above its cost of capital over and beyond the next 20 years.

What are the cons of investing in Coca-Cola?

Con: The Soda Slide

Perhaps the largest concern that investors have about KO stock is the fact that people are simply turning away from soda and sugary drinks. Coca-Cola's most recent earnings reports prove that people are buying fewer sugary drinks and most analysts believe that trend is going to continue.

Is co*ke a buy, sell, or hold?

Is Coca-Cola stock a Buy, Sell or Hold? Coca-Cola stock has received a consensus rating of buy. The average rating score is A1 and is based on 38 buy ratings, 9 hold ratings, and 0 sell ratings.

What stock will boom in 2024?

Is Coca-Cola stock expected to rise?

The Coca-Cola Company Stock Forecast

The 12 analysts with 12-month price forecasts for KO stock have an average target of 67.08, with a low estimate of 60 and a high estimate of 74. The average target predicts an increase of 10.62% from the current stock price of 60.64.

What would happen if I invested $1000 in co*ke 10 years ago?

If you invested in the company 10 years ago, that decision could have paid off. According to CNBC calculations, a $1,000 investment in Coca-Cola in 2009 would be worth more than $2,800 as of Feb. 15, 2019.

How much is 400 million shares of Coca-Cola worth?

Owning 400 million Coca-Cola shares, Warren Buffett is estimated to be worth approximately $23.5 billion. He acquired a 9.3% share in the corporation as a result of his investments in Coca-Cola.

How often does co*ke pay dividends?

The Company normally pays dividends four times a year, usually April 1, July 1, October 1 and December 15. Shareowners of record can elect to receive their dividend payments electronically or by check in the currency of their choice.

Is Coca-Cola a safe dividend stock?

The company is a Dividend King, meaning it has raised its shareholder payout at least once annually for a minimum of 50 years. Its current streak stands at a hard-to-conceive 62 straight years. Coca-Cola management is well aware that the dividend is a big part of the stock's attraction.

Does co*ke pay monthly dividends?

Dividend Summary

The next Coca-Cola Co dividend is expected to go ex in 2 months and to be paid in 2 months. The previous Coca-Cola Co dividend was 48.5c and it went ex 1 month ago and it was paid 21 days ago. There are typically 4 dividends per year (excluding specials), and the dividend cover is approximately 1.9.

How much dividend does Coca-Cola pay Warren Buffett?

Berkshire currently owns 400 million shares of Coca-Cola. This means that on an annualized basis, Warren Buffett's company generates $736 million in dividend income from the beverage giant. That is a huge passive income stream that likely explains why Buffett isn't exiting the position.

Should I invest in Coca-Cola or Pepsi?

Outlook and prices. Pepsi is the cheaper stock, but investors might still prefer paying the premium for co*ke over its less expensive rival. Sure, you can own Pepsi for 2.5 times sales, or less than half of co*ke's price-to-sales (P/S) ratio of 5.6. You'll get roughly the same 3% dividend yield in either case.

Does Warren Buffett invest in Coca-Cola?

Warren Buffett Coca-Cola Co

The investor owns 9.12% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998. Since then Warren Buffett bought shares ten more times and sold shares on eight occasions. The stake costed the investor $13.2 Billion, netting the investor a gain of 76% so far.

What stocks to invest in in 2024?

What is the risk of Coca-Cola?

The company has a financial risk score of 3.2, slightly above the industry average.

Why are Coca-Cola stocks low?

Coca-Cola's operating trends have been mostly positive around sales and earnings growth, Yet the biggest knock against the business is soft sales volumes.

Is co*ke over or undervalued?

The intrinsic value of one KO stock under the Base Case scenario is 50.17 USD. Compared to the current market price of 60.64 USD, Coca-Cola Co is Overvalued by 17%.

Who owns Coca-Cola stock?

Coca-Cola (KO) Ownership Overview

The ownership structure of Coca-Cola (KO) stock is a mix of institutional, retail and individual investors. Approximately 36.47% of the company's stock is owned by Institutional Investors, 5.83% is owned by Insiders and 57.70% is owned by Public Companies and Individual Investors.

What will Coca-Cola be worth in 2030?

According to the latest long-term forecast, Coca-Cola price will hit $65 by the end of 2025 and then $75 by the end of 2027. Coca-Cola will rise to $85 within the year of 2028, $90 in 2029, $95 in 2030, $100 in 2031 and $110 in 2033.

What will Coca-Cola stock price be in 2025?