|Bid||45.30 x 800|
|Ask||45.31 x 1200|
|Day's Range||45.20 - 46.26|
|52 Week Range||41.45 - 50.84|
|Beta (3Y Monthly)||0.41|
|PE Ratio (TTM)||29.94|
|Earnings Date||Feb 14, 2019 - Feb 18, 2019|
|Forward Dividend & Yield||1.56 (3.42%)|
|1y Target Est||51.75|
‘Big Soda’ is restructuring, and Yahoo Finance’s Brian Sozzi says it’s all because of digital. He spoke to Yahoo Finance’s Alexis Christoforous
Investing.com - Coca-Cola (NYSE:KO) shares dipped in premarket trade on Thursday, after the company reported fourth-quarter earnings hit by bottle refranchising and currency headwinds, and said it expected underlying earnings to be flat this year.
Investing.com - PepsiCo (NASDAQ:PEP) fell 0.5% in premarket trading on Friday, after saying its underlying profit this year would fall slightly this year, before rebounding in 2020.
The Swiss-based company, which bottles and sells Coca-Cola Co drinks in 28 countries, said Bambi had revenue of around 80 million euros in 2018, of which more than two thirds were earned in Serbia and the rest in the Western Balkans. It said the company had "strong" profitability and a margin on earnings before interest and taxation that was nearly three times higher that of Coca-Cola HBC. The deal to buy Bambi is expected to close in the second quarter of 2019, Coca-Cola HBC said.
Coca Cola's Instagram account says it is sharing optimism one bottle at a time. TheStreet's sharing one company history at a time. Watch TheStreet's new series 'Behind the Label'
On the surface, Coca-Cola and PepsiCo reported similar sets of earnings back-to-back, but the market reaction was entirely different. Coca-Cola said Thursday that its organic sales, which strip out merger and currency impacts, grew 5% from a year earlier in the fourth quarter. After accounting for the weakness of various global currencies against the dollar, though, sales were in fact flat.
PepsiCo Inc.’s new Chief Executive Ramon Laguarta said he has no plans to break up the snacks and drinks giant, nor divest the company’s bottling operations, after completing a four-month review of the global business. Last year, PepsiCo agreed to buy seltzer-machine maker SodaStream International Ltd. while rival Coca-Cola Co. bought the Costa Coffee chain. PepsiCo has also faced questions from Wall Street about whether it would keep its food business, which sells Doritos, Sabra hummus and Quaker Oats, together with its drinks business, which includes Gatorade, Aquafina and Mountain Dew.
PepsiCo was rising despite the soda and snacks maker posting in-line results for earnings and revenue. Should PepsiCo stock fall below the 200-day we'll have to see if buyers step back up and purchase the stock in the $105 to $106 area. This mark has buoyed PepsiCo on the support end over the past few years.
Happy Fri-yay. Is PepsiCo Okay? In 1893, Caleb Bradham first introduced Pepsi as "Brad's Drink" in North Carolina. The soda was renamed in 1898 and--similarly to its rival, Coca-Cola --earned part of its name from the coca leaf, which was a main ingredient in Pepsi.
Coca-Cola, the parent company of popular soft drink Coke, has proven enduringly successful over the years: It ranked No. 6 on Forbes' list of the world's most valuable brands in 2018, with a whopping $57.3 billion value. The company has gotten its share of celebrity endorsements, too: Warren Buffett says he's a "Coke loyalist ," and Berkshire Hathaway is a longstanding investor. 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.
investor should keep an eye on is North American Beverages. "North American Beverages has faced a number of challenges over the past 18 months," CEO Ramon Laguarta acknowledged. It has been a long road back to positive as the chart reveals, but the turnaround plan outlined at the bottom figure of -5% organic growth is promising.
Coca-Cola shares have their worst day in over a decade, Apple gets ready to launch a video streaming service. And the role of Netflix in modern relationships.
Coca-Cola (NYSE:KO) stock dropped sharply yesterday after the consumer-staples giant reported fourth-quarter numbers that were largely in-line with expectations. But KO also issued cautious guidance for fiscal 2019 which seemed to incorporate slowing global economic trends and persistent foreign-exchange headwinds, causing KO stock to decline from $50 to $45.KO stock was trading right near its all-time highs heading into the Q4 print. But its results were pretty good, as its organic sales rose 5% and its operating profits rose 11%.In that context, the decline of Coca-Cola stock looks like a buying opportunity. Everything is still going well for KO. The company is continuing to pivot from a soda-focused brand to a multi-beverage brand that is much more relevant to today's health-conscious consumers. That transition is powering consistent, healthy revenue growth.InvestorPlace - Stock Market News, Stock Advice & Trading Tips * 10 Hot Stocks Leading the Market's Blitz Higher Meanwhile, KO has exercised disciplined cost control, pushing its margins higher. The result of these trends is healthy, steady revenue and profit growth.This healthy, steady top-line and bottom-line growth will ultimately power Coca-Cola stock higher. KO stock was trading at a premium valuation heading into the print, supported by unreasonably high expectations. Now expectations are lower, and Coca-Cola stock is cheaper. Thus, now is the right time to buy KO stock. Q4 Numbers Were Good, But Not GreatCoca-Cola's Q4 numbers were good. But they weren't great or anything special. Instead, they were more of the same stable revenue and profit growth that this company has reported over the past several quarters and years.Thus, in the big picture, Coca-Cola's top-line growth trajectory has largely stabilized around 4%, excluding acquisitions. The problem was that, when KO stock was around $50, some investors were hoping that 5% and up sales growth was the new norm. That isn't the case. Fiscal 2018 was just an unusually good year. Next year (and likely for the foreseeable future), organic sales growth (i.e. excluding the impact of acquisitions) will be in the 3%-5% range.Meanwhile, excluding currency fluctuations, operating income rose 8% in the quarter, and 11% on a trailing-twelve-month basis. That is fairly consistent with what KO has reported over the past several quarters. This low double-digit percentage-operating-profit-growth-trajectory is projected to persist, too, as KO expects its operating profits to rise 10%-11% in 2019.Overall, KO's fourth-quarter numbers and its 2019 guidance underscore that Coca-Cola's growth outlook is stable, but largely below the company's 2018 results. That disappointed some investors who had bought KO stock last year. Coca-Cola's Long-Term Outlook Is HealthyIn the big picture, the long-term fundamentals of Coca-Cola remain healthy. All the post-earnings drop did was make Coca-Cola stock cheaper while showing that KO's fundamentals remain strong. Consequently, this dip of Coca-Cola stock is a buying opportunity.Coca-Cola has made a big shift over the past several years, transforming from a soda-focused brand with declining popularity and relevance to a multi-beverage brand with climbing popularity and relevance. As part of this transition, the company has added new iterations like Zero to the core Coca-Cola product lineup, while broadening the product portfolio to include a wide range of teas, coffees, sparkling drinks, and enhanced waters that resonate with today's health-conscious consumers.This pivot is working. It's driving consistent, steady mid-single-digit, organic sales growth. In tandem with management's cost control measures, the transformation is driving high-single digit percentage to low-double-digit-percentage operating-profit growth.None of the company's fundamentals has changed in the wake of its Q4 results. The company's organic revenues are expected to rise 4% in fiscal 2019, while its operating profits are expected to rise just over 10%.The only thing that has changed is the valuation of Coca-Cola stock. Heading into the print, KO stock was trading at nearly 23 times analysts' forward earnings estimate with a sub-3.2% dividend yield. Relative to historical standards, that's a big P/E multiple and a low yield for KO stock.Now, though, the valuation of Coca-Cola stock is much more "normal". Its forward multiple is back around 20, which is roughly in-line with its average valuation over the last five years. The dividend yield has risen to 3.4%, above the average yield of KO stock over the last five years. Meanwhile, KO is still poised to deliver mid-single-digit-organic sales growth and grow its operating profit by about 10%.As a result, the decline of Coca-Cola stock is a buying opportunity. KO's fundamentals remain largely unchanged, while KO stock just went from slightly overvalued to slightly undervalued. The Bottom Line on Coca-Cola StockIn the big picture, Coca-Cola has a found a winning strategy: Acquiring relevant, popular brands, and distributing them around the globe. As long as this strategy continues to power mid-single-digit organic sales growth and operating-profit growth of about 10%, KO stock should be bought on dips.As of this writing, Luke Lango was long KO. More From InvestorPlace * 2 Toxic Pot Stocks You Should Avoid * Should You Buy, Sell, Or Hold These 7 Medical Cannabis Stocks? * 7 Strong Buy Stocks With Over 20% Upside * 7 Reasons Stock Buybacks Should Be Illegal Compare Brokers The post The Post-Earnings Drop of Coca-Cola Stock Is a Buying Opportunity appeared first on InvestorPlace.
Marijuana stocks and related ETFs caught investors' attention last year, courtesy of its mysterious rally in mid-2018 on Canada's legalization of recreational marijuana in October. Let's take a look at whether the space will be able to maintain its rally in 2019.
The Consumer Staples Select Sector SPDR ETF (NYSEArca: XLP), the largest exchange traded fund tracking the consumer staples sector, traded lower Thursday after Dow component Coca-Cola Co. (NYSE: KO) gave ...
Shares of (KO) (KO), which fell into negative territory for the year Thursday after the company reported a 2019 outlook that disappointed investors, held their ground early Friday. Coca-Cola’s shares were recently about flat at $45.72. Indeed, Wall Street’s outlook for Coke’s shares has so far held fast since its latest earnings report.
PepsiCo’s Earnings Outlook Is Weak, Stock Up on Dividend HikeFourth-quarter performance On February 15, PepsiCo (PEP) reported its fourth-quarter results, which were in line with analysts’ expectations. The company’s revenues of $19.5 billion