|Bid||0.00 x 0|
|Ask||161.00 x 0|
|Day's Range||161.00 - 161.00|
|52 Week Range||124.00 - 168.00|
|PE Ratio (TTM)||170.01|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Coca-Cola CEO James Quincey speaks to CNBC's Sara Eisen about the beverage giant's first investor day in eight years, his strategy for growth and culture shift as well.
Shares of Monster Beverage (MNST) are falling on Monday, following a downgrade from Susquehanna. Analyst Pablo Zuanic and his team cut their rating on the stock from Neutral to Negative, arguing that Monster now changes hands at a historically high P/E ratio, on what he calls "misplaced" hopes that Coca-Cola (KO) will make a bid for the stock, and that the consensus estimates don't reflect a slowdown in sales. Zuanic writes that even with a lackluster third-quarter earnings report, the stock is still up 15% in the last three months, and that this is largely due to hopes that Coke will swoop in and buy it.
Greenpeace's environmental trolling of The Coca-Cola Co. (KO) has continued with a pointed holiday advertisement campaign. The non-governmental environmental organization has launched what it characterizes as a "spoof" of the Atlanta-based beverage giant's 'Holidays are coming' Christmas TV advertisement. Greenpeace said the point is "to take advantage of Coke’s huge PR push at this time of year," and to highlight the waste that comes from plastic bottles.
Heineken NV and Brazilian distributors for Coca-Cola Co will begin arbitration in February regarding a distribution contract that the Dutch brewer decided to end this year, according to a Friday report ...
Coca-Cola Co., scrambling to adapt to fast-changing consumer tastes, says its quest for a better sugar replacement is bearing fruit.
While Coca-Cola hosted its annual investor day in Atlanta, the beverage giant's CEO was on TV discussing the company's future and the "painful" layoffs made this year. The Coca-Cola Co. (KO) CEO James Quincey broadly discussed the company's Atlanta layoffs on CNBC "Squawk on the Street" today, describing them as "some more painful changes." The company posted on the Georgia Department of Economic Development WARN website earlier this month that it would be laying off another 179 employees in Atlanta, in addition to the more than 400 announced earlier this year. A majority of those layoffs were to take place at the company's headquarters, 1 Coca-Cola Plaza NW, in Atlanta.
Coca-Cola CEO James Quincey, who took over in May after serving as chief operating officer, reaffirmed guidance ahead of investor day.
Coke is hosting an investor day Thursday, where the Atlanta-based company will offer more insight for its financials through the rest of 2017 and into 2018.
CEO James Quincey has been at the helm since May, and a fresh strategy is in the works. Coke expects the global non-alcoholic, ready-to-drink beverage industry to expand by $110 billion at retail between 2017 and 2019, representing 4% compound annual growth mostly coming from non-carbonated soft drinks, according to Susquehanna Financial Group. Coke's problem: it has a 48% share of carbonated drinks, but only 7% share in non-carbonated drinks globally.
Coca-Cola, Western Digital, Jack in the Box and Cantel Medical moved into buy range Tuesday. CarGurus jumped late on strong earnings from its first post-IPO report.
Stocks remained lower in afternoon trading Tuesday, as Coca-Cola's breakout to new highs reflected relative strength in consumer stocks.
For years, investors counted on consumer staple stocks to provide a safe port in a storm. As my colleague Teresa Rivas noted last week, consumer staples are the third-worst performing sector in the S&P 500, plagued by rising interest rates, shifting consumer tastes, falling brand loyalty and the expanding reach of Amazon.com (AMZN). Wells Fargo’s Bonnie Herzog upgraded Coca-Cola (KO) today to Outperform, stating that the stock “should be a core holding in 2018 and beyond.” And with a price target of $51, she sees the stock rising 8% over the next year.
The Coca-Cola Co (NYSE: KO ) introduced a new strategy to better position its business to capitalize on shifting consumer demands, including low-calorie drinks. But some investors still have legitimate ...
Coca-Cola shares are set for a breakout thanks to successes overseas and a possible venture into alcoholic beverages, Wells Fargo says.
Virgin entrepreneur Branson's commercial acumen was honed at a young age: his student magazine pitted two of the world's biggest rivals against each other
Monster Beverage (MNST) generated net sales of $909.5 million in 3Q17, beating the consensus analyst estimate of $904.6 million.