Should I invest in Coca-Cola 2023? (2024)

Should I invest in Coca-Cola 2023?

There are no concerns about this business ever running into financial woes. That's because Coca-Cola is incredibly profitable. In the third quarter, its operating margin was a superb 27.4%. And the business generated $7.9 billion of free cash flow through the first nine months of 2023.

Is it worth it to invest in Coca-Cola?

Coca-Cola may not go back to beating the market, but you might want to buy it anyway. A properly diversified portfolio should have a range of stocks from value to growth. Coca-Cola provides security, value, and passive income, and it's about as reliable as a dividend stock can be. Those are worthwhile qualities.

What is the forecast for Coca-Cola in 2023?

After third-quarter results beat expectations, Coca-Cola lifted its 2023 full-year revenue forecast to 10% to 11%, higher than a prior range of 8% to 9%. It expects to deliver earnings-per-share growth of 7% to 8%, up from the previous guidance of 5% to 6%.

Is Coca-Cola a good stock to buy right now?

The highest analyst price target is $70.00 ,the lowest forecast is $63.00. The average price target represents 10.63% Increase from the current price of $59.56. What do analysts say about Coca-Cola? Coca-Cola's analyst rating consensus is a Strong Buy.

Is Coca-Cola a good stock to buy 2024?

For 2024, the company expects adjusted EPS growth of 4% to 5%, compared with 8% growth in 2023. The current FactSet EPS consensus of $2.81 implies 4.5% growth. CFRA analyst Garrett Nelson followed by cutting his rating on the stock to buy from strong buy, and trimming his price target to $66 from $68.

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 Coca-Cola a safe stock?

Coca-Cola (KO 0.23%) has been a reliable blue-chip stock to hold through bull and bear markets. It owns one of the world's most iconic beverage brands; it generates plenty of cash; it consistently buys back its own shares; and it's hiked its dividend annually for 61 straight years.

Why is co*ke so expensive 2023?

The broad story here is fairly straightforward. As inflation began to take off in 2021 and 2022, that impacted beverage makers like Coca-Cola and Pepsi, which pointed to higher costs coming from a variety of angles, including aluminum cans, packaging, labor, and general supply chain woes.

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 future value of Coca-Cola?

As of 2024-02-11, the Intrinsic Value of Coca-Cola Co (KO) is 65.63 USD. This Coca-Cola valuation is based on the model Discounted Cash Flows (Growth Exit 5Y). With the current market price of 59.56 USD, the upside of Coca-Cola Co is 10.2%. The range of the Intrinsic Value is 44.36 - 122.84 USD.

Is co*ke over or undervalued?

What is the Intrinsic Value of one KO stock? The intrinsic value of one KO stock under the Base Case scenario is 49.87 USD. Compared to the current market price of 59.29 USD, Coca-Cola Co is Overvalued by 16%.

Is co*ke the best dividend stock?

As far as dividends go, there aren't many more dependable payouts than Coca-Cola's (NYSE: KO). The beverage giant has been boosting its dividend for 61 consecutive years, allowing it to easily surpass the requirement for membership in the exclusive club of Dividend Kings.

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.

Which stock to buy co*ke or Pepsi?

Both companies have admirable dividends

Regarding dividends, Coca-Cola leads PepsiCo slightly. At their current share prices, Coca-Cola has a 3.2% yield compared to PepsiCo's 2.8%. Coca-Cola has increased its dividend annually for 61 straight years while PepsiCo has a 50-year streak, so both are Dividend Kings.

What is the Coca-Cola strategy 2025?

Our goal is to make 100% of our packaging recyclable globally by 2025 and to use at least 50% recycled material in our packaging by 2030.

How much dividend does Coca-Cola pay per share 2023?

Coca-Cola's previous ex-dividend date was on Nov 30, 2023. Coca-Cola shareholders who own KO stock before this date received Coca-Cola's last dividend payment of $0.46 per share on Dec 15, 2023.

Is Coca-Cola a good stock to buy long term?

Moreover, the company expects double-digit organic revenue growth for 2023, which is excellent, and its dividend looks secure given FCF is rising. All things considered, this would be a good time to buy Coca-Cola shares -- and then hold on to them to collect the solid dividend.

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.

How often does co*ke pay dividends?

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.

Did Warren Buffett sell Coca-Cola stock?

Warren Buffett Coca-Cola Co

The investor owns 9.28% of the outstanding Coca-Cola stock. The first Coca-Cola trade was made in Q4 1998. Since then Warren Buffett bought shares ten more times and sold shares on eight occasions. The stake costed the investor $13.2 Billion, netting the investor a gain of 82% so far.

Who owns the most Coca-Cola stock?

Shareholders
NameEquities%
BERKSHIRE HATHAWAY INC. 9.252 %400,000,0009.252 %
The Vanguard Group, Inc. 8.208 %354,844,8098.208 %
STATE STREET CORPORATION 3.591 %155,238,8893.591 %
Geode Capital Management LLC 1.772 %76,614,9971.772 %
6 more rows

Can you live off of dividends?

It is possible to achieve financial freedom by living off dividends forever. That isn't to say it's easy, but it's possible. Those starting from nothing admittedly have a hard road to retirement-enabling passive income.

Why is Pepsi cheaper than co*ke?

PepsiCo typically prices its goods based on consumer demand and demographics. Coca-Cola has a centralized focus on the beverage industry, with a presence in numerous and different beverage categories. Coca-Cola prices its products in accordance with how industry competitors price comparable goods.

Why is Coca-Cola so addictive?

The Sugar. Soft drinks contain large quantities of sugar which, when consumed, causes a 'rush' that is extremely addictive and leads to even bigger cravings. The reward centres of the brain are activated, releasing dopamine and other hormones to create a feeling of euphoria.

Why is co*ke better than Pepsi?

Pepsi contains citric acid, while co*ke does not. Pepsi also has slightly more sugar, calories, and caffeine while co*ke has a tiny edge in sodium. With ingredients that match so closely, neither has an edge as being any healthier than the other. co*ke has had a slight edge over Pepsi from the beginning.

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