Is Coca-Cola a safe stock? (2024)

Is Coca-Cola a safe stock?

Purchasing Coca-Cola stock is a long-term investment. This means investing in a solid company that has proven its worth and is still growing after more than a century in business. While Coca-Cola share prices are high, they are a good reflection of Coca-Cola stock's value and strength in the stock market.

Is Coca-Cola stock good stock?

Key Points. Coca-Cola experienced revenue growth in 2023 with Q3 sales rising 8% year over year. The company made strategic shifts to boost performance, such as cutting the number of brands. Its financials are looking good, including a $636 million year-over-year increase in free cash flow.

Is KO a safe investment?

Valuation metrics show that CocaCola Company (The) may be overvalued. Its Value Score of D indicates it would be a bad pick for value investors. The financial health and growth prospects of KO, demonstrate its potential to underperform the market. It currently has a Growth Score of D.

Are Coca-Cola shares undervalued?

Over the past 12 months, CCHGY's P/B has been as high as 3.50 and as low as 2.37, with a median of 3.10. Value investors will likely look at more than just these metrics, but the above data helps show that Coca-Cola HBC is likely undervalued currently.

What is the dividend on 100 shares of Coca-Cola?

The Coca-Cola Company's ( KO ) dividend yield is 3.12%, which means that for every $100 invested in the company's stock, investors would receive $3.12 in dividends per year. The Coca-Cola Company's payout ratio is 72.26% which means that 72.26% of the company's earnings are paid out as dividends.

Why is co*ke a good stock to buy?

Coca-Cola has paid dividends like clockwork for decades and has raised its payment every year for the past 61 years. And it looks like there's no end in sight for these increases. These aren't pittance improvements, either. The dividend is about twice as big as it was in 2015, and four times what it was 15 years ago.

Is co*ke a good long term buy?

With its better valuation than the overall market, reliable free cash flow, and history of higher dividends, income-oriented investors may wish to consider purchasing Coca-Cola's stock. If they're seeking a company with fast growth, investors will find better opportunities elsewhere.

Is co*ke a good stock to buy 2023?

Coca-Cola (NYSE: KO) stock underperformed the market again last year, declining 7% in 2023 compared to a 24% rally in the S&P 500. That decline was enough to make the beverage giant among the weakest performers in the Dow Jones Industrial Average, which rose 14% on the year.

What is the most safest investment?

What are the safest investments? 7 low-risk places to put your money — and what makes them so
  • Certificates of deposit (CDs)
  • US Treasuries.
  • Money market funds.
  • AAA-rated corporate bonds.
  • Blue-chip stocks.
  • ETFs with bond or blue-chip portfolios.
  • Fixed-rate annuities.
Jan 3, 2024

Is KO still a good dividend stock?

Yes, KO's past year earnings per share was $2.48, and their annual dividend per share is $1.84. KO's dividend payout ratio is 58.60% ($1.84/$2.48) which is sustainable.

Is Coca-Cola stock expected to rise?

For 2024, Coca-Cola, the Dow Jones beverage giant, guided revenue growth of 6%-7% and earnings growth of 4%-5%. It expects a 4% currency headwind in the current quarter. Ahead of Coca-Cola's Q4 results, analysts were expecting 2024 revenue growth of 2.6% and earnings growth of 4.3%, FactSet shows.

What are the cons of investing in Coca-Cola?

Con: It's Expensive

While KO stock does have the size and brand recognition to command respect, the firm's most recent performance and expectations for the future don't justify its current price tag. KO's price-earnings ratio is a staggering 42.4. That's nearly double PepsiCo's 23.5 P/E ratio.

Will share a co*ke come back?

Back by popular demand, Coca‑Cola® is reintroducing its wildly successful “Share a co*ke” program under a new name – “Share an ICE COLD co*ke” – as a reminder that nothing beats the summer heat quite like an ice-cold, delicious Coca‑Cola.

How often are Coca-Cola dividends paid?

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.

How long does Coca-Cola pay dividends?

Dividend Summary
SummaryPrevious dividendNext dividend
TypeQuarterlyQuarterly
Per share46cSign Up Required
Declaration date19 Oct 2023 (Thu)15 Feb 2024 (Thu)
Ex-div date30 Nov 2023 (Thu)14 Mar 2024 (Thu)
2 more rows

What dividend did Coca-Cola pay?

Coca-cola Company, The Dividend related ratios:

Current Dividend Yield: 3.84% Annual dollar dividend payment: $2.28.

Who is Coca-Cola's biggest competitor?

PepsiCo and Coca-Cola compete across the beverage sector in over 200 countries. PepsiCo's Pepsi and Coca-Cola's co*ke, Sprite, and Fanta are the most popular soft drinks globally.

Which stock is undervalued?

Undervalued stocks
S.No.NameCMP Rs.
1.Swadeshi Polytex120.21
2.Cons. Finvest259.65
3.Baroda Rayon189.05
4.West Coast Paper624.65
9 more rows

What is the fair value of Coca-Cola stock?

As of 2024-02-14, the Fair Value of Coca-Cola Co (KO) is 62.29 USD. This value is based on the Peter Lynch's Fair Value formula. With the current market price of 59.35 USD, the upside of Coca-Cola Co is 5%.

What if I invested $1,000 in Coca-Cola 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.

Is co*ke stock recession proof?

Coca-Cola is Another Recession-Proof Stock. Coca-Cola (KO) – which, by the way, is among the top holdings of Berkshire Hathaway (BRK.B) – is another recession-proof stock. Demand for Coca-Cola's products is usually not impacted much by recessions, and the company has shown good pricing power in recent quarters.

What is the future prediction for Coca-Cola?

Future Growth

Coca-Cola is forecast to grow earnings and revenue by 6.6% and 3.8% per annum respectively. EPS is expected to grow by 6.8% per annum. Return on equity is forecast to be 66.4% in 3 years.

What is the hottest stock in 2023?

  • Top 5 Stocks of 2023.
  • AppLovin Corporation (APP)
  • NVIDIA Corporation (NVDA)
  • Vertiv Holdings Co (VRT)
  • Palantir Technologies Inc. (PLTR)
  • Bottom 5 Stocks of 2023.
  • NovoCure Limited (NVCR)
  • AMC Entertainment Holdings, Inc. (AMC)
Dec 4, 2023

What stock is going to boom in 2023?

Some analysts believe Texas-based CrowdStrike Holdings, Inc. (NASDAQ:CRWD) could make investors rich in 2023 and beyond as the software company's products are seeing huge demand. Recently, BTIG Research added CrowdStrike Holdings, Inc. (NASDAQ:CRWD) in its list of top picks for the rest of 2023.

What investment is 100% safe?

U.S. Treasury securities, money market mutual funds and high-yield savings accounts are considered by most experts to be the safest types of investments available.

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