Is investing is co*ke a good idea?
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 good to invest in co*ke?
Coca-Cola provides security, value, and passive income, and it's about as reliable as a dividend stock can be. Those are worthwhile qualities. It also works as a hedge in challenging times, as illustrated by its market-beating performance last year.
Is now a good time to buy Coca-Cola shares?
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.
Should I keep my Coca-Cola stock?
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.
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.
Should I invest in Coca-Cola 2023?
co*ke nudged up its 2023 organic revenue and adjusted EPS growth guidance ranges to 10%-11% (from 9%-10%) and 7%-8% (from 5%-6%), respectively. We view this as achievable, and we are tweaking our own 2023 estimates to align with the improved outlook.
Is co*ke a good stock to buy 2023?
Coca-Cola shares are down 6% in 2023 making the iconic brand one of the best ideal end-of-year stock choices. On the date of publication, Rich Duprey held a LONG position in KO stock.
Is Coca-Cola a long-term investment?
Coca-Cola is still a reliable long-term investment, but its shares will likely underperform the market over the next 12 months for two simple reasons. First, a stabilization in interest rates and the broader macro environment will likely drive investors back toward either deep-value stocks or higher-growth stocks.
Will co*ke stock ever split again?
Will Coca-Cola stock split? Coca-Cola didn't have an upcoming stock split on the docket as of mid-2023. However, the company has completed several stock splits throughout its history.
Why is co*ke stock doing so well?
Key Points. Coca-Cola's dividend (and dividend growth) is practically unstoppable. Its wide array of products generates consistent and reliable revenue. The stock's high valuation isn't likely to prevent it from logging gains.
What are the cons of investing in Coca-Cola?
Generally, any payout ratio higher than 75% should give an investor pause. With a payout ratio of about 72%, Coca-Cola could struggle to raise its dividend if earnings stagnate. The company has lowered its share count over the past few decades, but management has struggled to make meaningful inroads in recent years.
How much is $1,000 dollars in Tesla 10 years ago?
A $1,000 investment in Tesla in November 2011 would be worth just over $204,000 now, with the stock's price increasing from $5.74 to $1,229 over those 10 years. That's more than a 20,000% return. A similar investment in the S&P 500 would have given you a 357.4% return.
What is Coca-Cola 10 year average return?
Definition of 10 Year Price Total Return
Ten Year Stock Price Total Return for Coca-Cola is calculated as follows: Last Close Price [ 59.39 ] / Adj Prior Close Price [ 27.16 ] (-) 1 (=) Total Return [ 118.7% ] Prior price dividend adjustment factor is 0.73.
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.
Why is co*ke stock struggling?
The beverage leaders' stocks have struggled this year, hurt by higher interest rates and investor concerns about the possible negative impact of weight loss drugs like Wegovy. (co*ke's $242 billion market cap beats Pepsi's by roughly $20 billion.)
Who is Coca-Cola's biggest competitor?
PepsiCo: The primary and most significant competitor to Coca-Cola, PepsiCo produces a range of beverages, including Pepsi, Mountain Dew, Gatorade, Tropicana, and Aquafina, among others.
What stock is going to boom in 2023?
Coinbase, Nvidia, Palantir, and other tech names dominate the list of the year's best stocks. Amid a strong stock market rally in 2023, Coinbase COIN performed best among U.S.-listed stocks covered by Morningstar analysts, as the cryptocurrency exchange platform rebounded from a steep downturn in 2022.
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 51.89 USD. Compared to the current market price of 60.74 USD, Coca-Cola Co is Overvalued by 15%.
Is Coca-Cola a good dividend stock?
Yes, KO's past year earnings per share was $2.47, and their annual dividend per share is $1.86. KO's dividend payout ratio is 68.40% ($1.86/$2.47) which is sustainable.
Will Coca-Cola be successful in the future?
Key Points. Coca-Cola's solid revenue growth and earnings per share increase signal a financially robust future. The company's varied product range underlines its adaptability and market dominance. co*ke's strategic agility and growth forecasts position it as a wise investment for 2024.
Where will Coca-Cola stock be in 5 years?
Coca-Cola stock price stood at $61.24
According to the latest long-term forecast, Coca-Cola price will hit $65 by the middle of 2024 and then $70 by the middle of 2025. Coca-Cola will rise to $75 within the year of 2026, $85 in 2027, $100 in 2028, $110 in 2030 and $125 in 2033.
Can I buy Coca-Cola stock directly?
Shares can be purchased through a Direct Stock Purchase and Dividend Reinvestment Plan sponsored and administered by Computershare Trust Company, N.A. Details about the Computershare Investment Plan, including any fees associated with the Plan, can be viewed and printed from Computershare's website.
Is it smart to invest in Coca-Cola?
This business has one of the strongest brands in the world. And because it has been around for such a long time, Coca-Cola has tremendous stability and staying power. Investors should realize that this is a quality enterprise.
Is co*ke or Pepsi more profitable?
Both companies remain solid in their financial performance, but Coca-Cola is leading in profitability margins and liquidity, while PepsiCo has had faster near-term growth.
Which stock to buy co*ke or Pepsi?
co*ke easily wins the growth matchup. The beverage titan reported a 12% organic sales boost for 2023 while Pepsi's growth was less than 10%.
