|Bid||0.00 x 0|
|Ask||0.00 x 0|
|Day's range||45.54 - 45.93|
|52-week range||39.88 - 47.48|
|PE ratio (TTM)||48.41|
|Earnings date||7 Feb. 2018 - 12 Feb. 2018|
|Forward dividend & yield||1.48 (3.23%)|
|1y target est||48.55|
Fans of Coca-Cola in gas-rich Turkmenistan's capital Ashgabat are complaining they can no longer "taste the feeling": their favourite drink has disappeared from shop shelves amidst a sharpening economic crisis."You used to be able to find it in every shop, but now only a few are selling it and the price has increased significantly," Mergen Kakayev, a 24-year-old taxi driver told AFP."People say it is unhealthy, but I have never noticed. For me a good meal is a piece of hot naan bread and a glass of cold Coca-Cola," said Kakayev, who got hooked on the drink ever since it first appeared in the secluded country in the 1990s.Turkmenistan has imposed increasingly draconian restrictions on foreign currency exchange as global prices for hydrocarbons -- over 90 percent of the country's exports -- collapsed in 2014.
Storytelling can be one of the most powerful tools in business, and when used effectively, both organizations and their shareholders benefit.
Shares of Monster Beverage (MNST) are falling on Monday, following a downgrade from Susquehanna. Analyst Pablo Zuanic and his team cut their rating on the stock from Neutral to Negative, arguing that Monster now changes hands at a historically high P/E ratio, on what he calls "misplaced" hopes that Coca-Cola (KO) will make a bid for the stock, and that the consensus estimates don't reflect a slowdown in sales. Zuanic writes that even with a lackluster third-quarter earnings report, the stock is still up 15% in the last three months, and that this is largely due to hopes that Coke will swoop in and buy it.
Coca-Cola Co., scrambling to adapt to fast-changing consumer tastes, says its quest for a better sugar replacement is bearing fruit.
Coca-Cola CEO James Quincey, who took over in May after serving as chief operating officer, reaffirmed guidance ahead of investor day.
CEO James Quincey has been at the helm since May, and a fresh strategy is in the works. Coke expects the global non-alcoholic, ready-to-drink beverage industry to expand by $110 billion at retail between 2017 and 2019, representing 4% compound annual growth mostly coming from non-carbonated soft drinks, according to Susquehanna Financial Group. Coke's problem: it has a 48% share of carbonated drinks, but only 7% share in non-carbonated drinks globally.
Coca-Cola, Western Digital, Jack in the Box and Cantel Medical moved into buy range Tuesday. CarGurus jumped late on strong earnings from its first post-IPO report.
Stocks remained lower in afternoon trading Tuesday, as Coca-Cola's breakout to new highs reflected relative strength in consumer stocks.
For years, investors counted on consumer staple stocks to provide a safe port in a storm. As my colleague Teresa Rivas noted last week, consumer staples are the third-worst performing sector in the S&P 500, plagued by rising interest rates, shifting consumer tastes, falling brand loyalty and the expanding reach of Amazon.com (AMZN). Wells Fargo’s Bonnie Herzog upgraded Coca-Cola (KO) today to Outperform, stating that the stock “should be a core holding in 2018 and beyond.” And with a price target of $51, she sees the stock rising 8% over the next year.
Coca-Cola shares are set for a breakout thanks to successes overseas and a possible venture into alcoholic beverages, Wells Fargo says.
Monster Beverage (MNST) generated net sales of $909.5 million in 3Q17, beating the consensus analyst estimate of $904.6 million.
Growth in net sales at most of Monster Beverage's (MNST) segments led to year-over-year earnings growth in the third quarter.
Like many an income investor, the celebrated financier is happy to rake in regular distributions from these reliable dividend-payers.
Coca-Cola Bottling's (COKE) third-quarter results affected by a challenging retail sales environment, storm-related negative impacts and changes in product mix.
MLB sponsorship spending hit a new high $892 million this season. This comes as the NFL, in contrast, is seeing its sponsors pull back amidst a TV ratings decline and political controversy.
Coca-Cola consolidated marketing into a new "chief growth officer" role in March, following other Fortune 100 companies