What's Happening with KO
Coca-Cola Co (KO) is scheduled to report Quarter 1 numbers before the market open on April 19. Analysts forecast earnings of $1.21 per share for the quarter. During the same period last year the company earned $1.14, and the stock is down -2.0% on the year.
Technical Analysis
KO was recently trading at $53.74 down $1.19 from its 12-month high and $10.54 above its 12-month low. InvestorsObserver gives KO a 21 long-term technical score and a 91 short-term technical score. The stock has recent support above $52.97 and recent resistance below $53.82. Of the 14 analysts who cover the stock 7 rate it Strong Buy, 1 rate it Buy, 6 rate it Hold, 0 rate it Sell, and 0 rate it Strong Sell, KO gets an overall score of 51 from InvestorsObserver.
Analysts' Thoughts
KO has shown annual earnings growth of 1.91 % over the last five years, and looking ahead analysts expect the company to grow profits 6.14% per annum the next five years. Last quarter the company posted better than expected EPS and this quarter the street expects $1.21 EPS. KO is currently trading at $53.74 with an average price target of $57.66.