Summary:
- Coca-Cola Company reports a robust Q4 2024 with a 6.5% increase in revenue.
- Analysts predict a potential 5.35% upside from current price levels.
- Despite current valuations, Coca-Cola remains a strong "Outperform" recommendation.
The Coca-Cola Company (KO, Financial) has demonstrated strong financial performance with its recently announced Q4 2024 results. Notably, the company's revenue reached $11.5 billion, marking an impressive 6.5% increase compared to the previous year. This growth was underpinned by a remarkable 13% rise in Coca-Cola Zero Sugar unit volume. Furthermore, Coca-Cola sustained its profitability with an adjusted operating margin of 30.7%. As a Dividend Monarch, it boasts a significant achievement of increasing its dividend for 63 consecutive years.
Wall Street Analysts Forecast
Wall Street analysts have set their sights on Coca-Cola Co (KO, Financial), offering a one-year average price target of $75.52. This target is based on insights from 25 analysts, with the highest estimate at $85.00 and the lowest at $59.60. This average target suggests a potential upside of 5.35% from the current trading price of $71.68. For further details on these estimates, visit the Coca-Cola Co (KO) Forecast page.
The consensus recommendation for Coca-Cola Co (KO, Financial) from 28 brokerage firms is an "Outperform" rating, with an average brokerage recommendation of 2.0. The rating system spans from 1, indicating a Strong Buy, to 5, indicating a Sell.
According to GuruFocus' proprietary analysis, the estimated GF Value for Coca-Cola Co (KO, Financial) over the next year is $69.12. This suggests a downside of 3.57% from its current price of $71.68. The GF Value estimate reflects the fair value at which the stock should trade, drawing from historical multiples, past business growth, and anticipated future performance. For more in-depth analysis, visit the Coca-Cola Co (KO) Summary page.
