47.97 +0.13 (0.27%)
After hours: 5:52PM EDT
|Bid||47.80 x 4000|
|Ask||47.83 x 900|
|Day's Range||47.47 - 47.89|
|52 Week Range||41.45 - 50.84|
|Beta (3Y Monthly)||0.27|
|PE Ratio (TTM)||30.41|
|Earnings Date||Jul 23, 2019 - Jul 29, 2019|
|Forward Dividend & Yield||1.60 (3.41%)|
|1y Target Est||51.55|
After months of handwringing about the possible crash-landing of the housing market, investors awaiting quarterly earnings from No. 3 U.S. homebuilder PulteGroup Inc this week were ready for the worst. Housing stood out as a particularly dark spot among several key sectors of the American economy showing signs of fatigue by the end of last year, giving rise to worries about recession. "2019 can turn out to be a good year for the housing industry," Chief Executive Ryan Marshall said on a conference call.
The Board of Directors of The Coca-Cola Company today announced the election of two officers, along with declaring the company’s regular quarterly dividend.
Sell-side analysts say The Coca Cola Co . (NYSE: KO ) has a refreshing new outlook that looks beyond its old standby product; strong sales; and a willingness to branch out, all of which look positive for ...
Cadence Design Systems, Red Robin Gourmet Burgers, PepsiCo and Coca-Cola highlighted as Zacks Bull and Bear of the Day
Coca-Cola Co. announced a number of new products from the Minute Maid juice brand, including Minute Maid Smoothie Makers, which offer an budget-friendly way to enjoy the smoothie trend. Available in strawberry banana, peach and tropical flavors, the mix can be combined with ice to make a smoothie. Moreover, Coca-Cola highlights that these smoothies are "affordable at just 50 cents per serving." The brand also has ready-to-drink bottled smoothies and the Odwalla brand Smoobucha. Other new launches include Minute Maid Plus+ Antioxidants, bottled juice drinks with vitamins A and E, and Minute Maid Fruit & Veggie juice boxes. Coca-Cola stock is up 25% for the year to date, outpacing the Dow Jones Industrial Average , which is up nearly 17% for the period.
U.S. stock futures are circling unchanged this morning as traders take a breather following yesterday's fresh highs in the Nasdaq-100 and S&P 500.Source: Shutterstock Ahead of the bell, futures on the Dow Jones Industrial Average are up 0.05%, and S&P 500 futures are lower by 0.04%. Nasdaq-100 futures have added 0.01%.In the options pits, the dash to record highs generated increasing volumes. As you might expect, calls led the bulls' charge. Specifically, about 20 million calls and 15.1 million puts changed hands on the session.InvestorPlace - Stock Market News, Stock Advice & Trading TipsMeanwhile, over at the CBOE, the single-session equity put/call volume ratio remains as uninspiring as ever. It slipped to 0.59 but continues to fiddle in the middle of 2019's range. The 10-day moving average matched the action by falling to 0.59.Options activity was juiced in the following stocks. Coca-Cola (NYSE:KO) popped on earnings after topping expectations. Qualcomm (NASDAQ:QCOM) added to its large gains following its surprise settlement with Apple (NASDAQ:AAPL). Finally, Microsoft (NASDAQ:MSFT) calls were hot ahead of tonight's earnings announcement.Let's take a closer look: Coca-Cola (KO)Coca-Cola released its first-quarter earnings before the bell Tuesday and beat expectations. Adjusted earnings grew to 48 cents per share, beating estimates by 2 cents. And revenue climbed to $8.02 billion, handily beating forecasts for $7.9 billion. * 10 High-Yielding Dividend Stocks That Won't Wilt KO stock saw a volatile session, ultimately ending up 1.75% on the day. The jump lands it square in the middle of last quarter's earnings gap, which should continue to fill. Look for KO to return to $50 in the coming days.On the options trading front, traders came after calls like sugar-deprived kids to soda. Activity fizzed to 424% of the average daily volume, with 113,617 total contracts traded; 82% of the trading came from call options alone.The 1.75% price jump fell well within market expectations. Premiums were baking in a 3.1% move on earnings, so chalk this up as a win for volatility sellers. The post-earnings volatility crush was on full display, driving the metric down to 15% or the 19th percentile of its one-year range. Qualcomm (QCOM)The rocket ship ride in Qualcomm continued in earnest, adding another 5.8% to its already immense gains. QCOM stock now sits at 19-year highs and is well on its way to revisiting its record peak of $100 reached during the dot-com craze.Traders favoring low-risk, high-reward setups should steer clear of QCOM right now. It's a momentum-drive move that is now extremely overbought. A pause or pullback would allow the stretched conditions to ease and lower-risk entries to develop.As far as options trading goes, the Street continues to heavily favor call options. The volume explosion continued on Tuesday with activity ramping to 409% of the average daily volume. By day's end, the total contracts traded eclipsed the half a million mark at 509,837 contracts traded. Calls claimed 67% of the sum.Implied volatility inched higher to 39% placing it at the 73rd percentile of its one-year range. Premiums are pricing in daily moves of $2.14 or 2.5%. Qualcomm's earnings report is slated for May 1. Microsoft (MSFT)The current stage of our bull market has the Nasdaq-100 to thank. And although many tech stocks are throwing their weight behind the Nasdaq's dominance, it's Microsoft that has arguably been the most consistent helper.MSFT stock set yet another record high yesterday. With the 1.5% rise, its year-to-date gains have now grown to 24%. Its price trend is a beauty, complete with rising moving averages across all time frames. Accumulation days litter the landscape with nary a whiff of distribution. You bet against buyers at your peril here.The theme of call popularity continued with MSFT. Total activity ended at 219% of the average daily volume, with 290,811 contracts traded. Calls accounted for 75% of the day's take.Implied volatility remains subdued despite the looming earnings announcement set for tonight. Option premiums are baking in a $3.66 or 2.9% move.As of this writing, Tyler Craig didn't hold a position in any of the aforementioned securities. Check out his recently released Bear Market Survival Guide to learn how to defend your portfolio against market volatility. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * 10 Oversold Stocks to Run From * 7 Red-Hot E-Commerce Stocks to Consider * 4 Stocks Surging on Earnings Surprises Compare Brokers The post Wednesday's Vital Data: Coca-Cola, Qualcomm and Microsoft appeared first on InvestorPlace.
Coca-Cola focused its earnings call on innovation, with flavors like Coke Orange Vanilla driving better-than-expected results.
Over the past 5 trading days PepsiCo (PEP) and Coca-Cola (KO) both posted strong Q1 results pushing these stocks higher. The "Cola Wars" between PepsiCo and Coca-Cola have been waging for over a century. Each of them aggressively building their brand at the expense of the other.
Global equity markets rallied on Tuesday, with the Nasdaq and S&P 500 indexes setting record closing highs on Wall Street, while European energy shares posted their biggest daily gain since January as crude prices surged. U.S. stocks soared on upbeat results from Twitter Inc, Coca-Cola Co, United Technologies Corp and Lockheed Martin Corp, which eased fears of a profit recession in a busy week for corporate earnings. European oil and gas shares jumped 2%, with BP Plc and Royal Dutch Shell Plc leading gains in London, while the FTSEurofirst 300 Index of leading European shares hit eight-month highs.
The S&P 500 index and the Nasdaq registered record closing highs after a broadbased rally on Tuesday, as a clutch of better-than-expected earnings reports eased concerns about a slowdown. The S&P has risen 17 percent so far this year, with help from a dovish Federal Reserve and hopes of a U.S.-China trade resolution as well as the upbeat start to the first-quarter earnings season. "Part of what's pushing the S&P up is a general belief it will make a new high," said Rick Meckler of Cherry Lane Investments, a family investment office in New Vernon, New Jersey, who expects that more earnings reports later in the week could push the index above its all-time high.
The social media company added more users during the first quarter and revenue rose 18 percent, topping forecasts. The maker of Maytag, KitchenAid and other appliances beat first quarter profit forecasts as it raised prices to offset higher costs. The homebuilder beat Wall Street's profit forecasts for the first quarter on better demand for new homes.
Stocks ended higher Tuesday , with positive earnings reports pushing the S&P 500 and the Nasdaq to record closing highs. posted stronger-than-expected first-quarter earnings as organic sales growth and operating margins showed solid improvements from last year. Stocks ended in positive territory Tuesday, with positive earnings reports pushing the S&P 500 and the Nasdaq to record closings.
Coca-Cola Stock Rises on Impressive Q1 Results(Continued from Prior Part)Improvement in volumes After reporting flat unit case volume in the fourth quarter, Coca-Cola (KO) bounced back with 2% growth in its unit case volume in the first quarter. The
The world's biggest beverage makers, Coca-Cola and PepsiCo Inc, are responding to shifting consumer tastes by tweaking ingredients and experimenting with new flavours that are focussed more on health conscious consumers. Chief Executive Officer James Quincey said Coke Zero Sugar sales witnessed a double-digit percentage rise, while its new orange-vanilla Coke soda was also a hit. Sales of carbonated drinks rose 1 percent, driven by strong performance of its Coke brand, while smaller, immediate consumption packages of its flavoured water and sports drinks drove a 6 percent sales increase in the business.
Investors should give companies with a strong long track record like PepsiCo the benefit of the doubt when management is open about its turnaround plans.
Coca-Cola reports first quarter earnings and revenue that topped expectations thanks to demand for its water and sports drinks brands. Yahoo Finance's Seana Smith and Ines Ferre discuss.