Coca-Cola Streaks Ahead with Seventh Consecutive Gains Session
January 4, 2024
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COCA-COLA ($NYSE:KO): The Coca-Cola Company is one of the world’s top beverage companies, known for its iconic brands like Coke, Fanta, Sprite, and more. Recently, its stock soared to a new high, poised for its seventh consecutive day of gains. This marks a major milestone for the company and a testament to its continued success. Coca-Cola has seen many positive changes in the last few years, with its stock prices steadily increasing due to a number of factors. The company has been investing in the future by introducing innovative products, expanding into new markets, and launching new marketing campaigns.
This has all resulted in increased demand for its products and a surge in investor confidence. The seventh consecutive session of gains is yet another indication of the company’s success and potential for future growth. With its strong financial performance, loyal customer base, and promising future prospects, Coca-Cola is in a prime position to continue to grow and make an impact on the industry.
Stock Price
On Tuesday, the Coca-Cola Company was able to extend its streak of seven consecutive gains sessions, as the company’s stock opened at $58.8 and closed at $59.8, an increase of 1.5% from its previous closing price of $58.9. This marks the seventh consecutive day that Coca-Cola’s stock has risen, with the company’s stock having increasing in value for the last two weeks. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Coca-cola Company. More…
| Total Revenues | Net Income | Net Margin |
| 45.03k | 10.77k | 25.5% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Coca-cola Company. More…
| Operations | Investing | Financing |
| 11.88k | -997 | -9.26k |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Coca-cola Company. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 97.58k | 69.75k | 6.09 |
Key Ratios Snapshot
Some of the financial key ratios for Coca-cola Company are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 10.4% | 12.7% | 32.0% |
| FCF Margin | ROE | ROA |
| 22.6% | 34.4% | 9.2% |
Analysis
As part of our analysis of COCA-COLA COMPANY‘s wellbeing, GoodWhale looked at a variety of metrics. Our Star Chart measure gave them a health score of 8/10, considering their cashflows and debt, suggesting they are in a good position to pay off their debt and fund future operations. We also classified COCA-COLA COMPANY as a ‘gorilla’, meaning it has achieved stable and high revenue or earning growth due to its strong competitive advantage. In terms of metrics, COCA-COLA COMPANY is strong in asset, dividend, and profitability, and medium in growth. These qualities make COCA-COLA COMPANY an attractive investment for a variety of investors, such as growth investors interested in its strong competitive advantage, and value investors looking to capitalize on its dividend. More…
Peers
The Coca-Cola Company has been in competition with PepsiCo, Inc. since the late 1800s. The two companies have been fighting for market share ever since. More recently, Keurig Dr Pepper Inc. and Monster Beverage Corp have become major competitors in the beverage industry.
– PepsiCo Inc ($NASDAQ:PEP)
PepsiCo is a food and beverage company with a market cap of $238.84 billion as of 2022. The company has a return on equity of 45.25%. PepsiCo operates in more than 200 countries and employs more than 300,000 people. The company’s products include Pepsi-Cola, Lay’s potato chips, Tropicana orange juice, and Quaker oats. PepsiCo was founded in 1898 and is headquartered in Purchase, New York.
– Keurig Dr Pepper Inc ($NASDAQ:KDP)
Keurig Dr Pepper Inc is a publicly traded company with a market capitalization of $53.5 billion as of May 2022. The company has a return on equity of 10.39%. Keurig Dr Pepper Inc is a leading beverage company that manufactures and markets coffee, tea, and other beverage products. The company operates in North America, Europe, and Asia Pacific. Keurig Dr Pepper Inc is headquartered in Burlington, Massachusetts.
– Monster Beverage Corp ($NASDAQ:MNST)
As of 2022, Monster Beverage Corporation had a market cap of $46.49 billion and a return on equity of 18.04%. The company produces and sells energy drinks, soda, and juice products under the Monster, NOS, and Full Throttle brands. It also has a minority stake in Reign Beverage Company. The company was founded in 1987 and is headquartered in Corona, California.
Summary
Investing analysis on Coca-Cola Company shows that the company has been gaining for seven consecutive sessions. Its brands include Coca-Cola, Sprite, Fanta, Powerade, Glaceau Vitaminwater, Minute Maid, Simply, Georgia and Costa Coffee. The company’s portfolio consists of sparkling beverages, juice drinks, ready-to-drink teas and coffees, and energy and sports drinks. Coca-Cola has generated revenue through the sale of its products in retail outlets, vending machines, restaurants, and other outlets.
The company has also generated revenue from its bottling and concentrate operations. It has a strong brand presence in the global market and has a large customer base. Its stock price has been steadily increasing over time due to its strong financial performance.
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