Is Coca-Cola stock a good buy now?

Is Coca-Cola stock a good buy now?

Its stock is down around 4% this year, partly due to investors flocking toward tech and beaten-down growth stocks that have rallied in 2023. Despite lagging stock performance this year, Coca-Cola is positioned to be a great long-term investment.

Is KO a good long term investment?

On top of that, the consumer staples stock is trading at 25.6 times earnings, well below its five-year average of 32.1. So, for the long term-investor, KO stock looks like a good investment, given its strong cash flows and shareholder-friendly initiatives.

Is Coca-Cola a buy sell or hold?

Buy

Coca-Cola's analyst rating consensus is a Strong Buy. This is based on the ratings of 16 Wall Streets Analysts.

What is the price target for KO?

Coca-Cola Co (NYSE:KO)

The 21 analysts offering 12-month price forecasts for Coca-Cola Co have a median target of 71.00, with a high estimate of 76.00 and a low estimate of 63.00. The median estimate represents a +16.93% increase from the last price of 60.72.

What will Coca-Cola stock be worth in 2025?

Long-Term Coca-Cola Stock Price Predictions

Year Prediction Change
2025 $ 67.26 10.40%
2026 $ 70.68 16.01%
2027 $ 74.26 21.89%
2028 $ 78.03 28.08%

Is Coca-Cola a good dividend stock?

Coca-Cola has delivered an average of 6.1% per year annual increase in its dividend, based on the past 10 years of dividend payments. We're glad to see dividends rising alongside earnings over a number of years, which may be a sign the company intends to share the growth with shareholders.

Should I invest in Coca-Cola 2023?

Consider mighty beverage giant Coca-Cola (NYSE: KO), which has seen its shares trend in the opposite direction, down around 3% so far in 2023. Yet, the soda giant has stood the test of time and provided great long-term value, so investors should be far from worried.

What is the KO 5 year prediction?

The Coca-Cola Company quote is equal to 61.060 USD at 2023-08-10. Based on our forecasts, a long-term increase is expected, the "KO" stock price prognosis for 2028-08-04 is 69.609 USD. With a 5-year investment, the revenue is expected to be around +14%. Your current $100 investment may be up to $114 in 2028.

Is Coca-Cola overvalued?

The intrinsic value of one KO stock under the Base Case scenario is 53.8 USD. Compared to the current market price of 60.92 USD, Coca-Cola Co is Overvalued by 12%.

Is Coke over or undervalued?

As of 7th of August 2023, Free Cash Flow is likely to grow to about 9.8 B, while Enterprise Value is likely to drop about 295.9 B. Coca-Cola shows a prevailing Real Value of $65.57 per share. The current price of the firm is $60.71. At this time, the firm appears to be undervalued.

What is the highest KO stock has ever been?

The latest closing stock price for CocaCola as of August 09, 2023 is 61.06.

  • The all-time high CocaCola stock closing price was 63.82 on April 21, 2022.
  • The CocaCola 52-week high stock price is 65.47, which is 7.2% above the current share price.

Is KO a blue chip stock?

Coca-Cola Co (KO)

Despite these factors, Coca-Cola's low beta combined with its dividend yield means it fits the bill of what many investors see in blue chip stocks: lower risk and steady returns. The stock demonstrated this in 2022, rising 7% while the S&P 500 fell nearly 20%.

Is Coke overvalued or undervalued?

With its 2-star rating, we believe Coca-Cola's stock is overvalued compared with our long-term fair value estimate. We are maintaining that fair value estimate at $58 per share, which implies 23 times multiple against our adjusted 2023 earnings estimate and a 2023 enterprise value/adjusted EBITDA multiple of 19 times.

Does KO pay a good dividend?

The Coca-Cola Company's ( KO ) dividend yield is 3.03%, which means that for every $100 invested in the company's stock, investors would receive $3.03 in dividends per year. The Coca-Cola Company's payout ratio is 56.09% which means that 56.09% of the company's earnings are paid out as dividends.

Why is Coca-Cola a good stock to invest in?

The Coca-Cola Company is a so-called defensive stock. That is, it is a stock that provides regular dividends and stable earnings, regardless of the state of the overall stock market.

What will Coca-Cola be worth in 2030?

Coca-average Cola's value might reach $186.61 by 2030. Coca-stock Cola's price could rise even more than we expect if investor sentiment turns favorable. In 2030, Coke may be worth as much as $215.36 at its peak. If the market goes bearish, though, Coca-worth Cola's might drop to as low as $160.74.

What will Coca-Cola stock price be in 2024?

Coca-Cola stock price stood at $61.19

Year Mid-Year Year-End
2024 $67.56 $68.56
2025 $78.75 $83.94
2026 $94.77 $100.89
2027 $102.34 $111.11

What is the KO price prediction for 2023?

According to our Coca-Cola stock forecast, the price of Coca-Cola stock will not reach $100. The highest expected price our algorithm estimates is $ 63.77 by Sep 24, 2023.