Don’t waste your time – keep track of how NFP affects the US dollar!

Data collection notice

FBS maintains a record of your data to run this website. By pressing the “Accept” button, you agree to our Privacy policy.

Follow us on Facebook

Beginner Forex book

Beginner Forex book will guide you through the world of trading.

Email tooltip

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

FBS Mobile Personal Area

FREE - In Google Play

View
Coca-Cola: time for new all-time highs?

Coca-Cola: time for new all-time highs?

Information is not investment advice

Coca-Cola reports its quarterly earnings for the first quarter of 2021 on April 19, 12:30 MT time.

All-time highs to get beaten?

Coca-Cola’s stock hasn’t recovered from the virus hit. From the current level it trades at, it has more than 10% of potential value growth to surpass its last all-time high of $60. Will it make it? Let’s look at the fundamentals.

COCA-COLAWeekly2.png

                               Don't forget Coca-Cola stock is available in FBS Trader!

Reasonably high expectations

Strategically, the main factor on the side of Coca-Cola is its history-proven robustness and vastness of the business. It has survived 135 years in operation, and will likely survive as much. Therefore, for long-term trading, it’s ideal. Now, what about the mid-term and short-term – perspectives that are most useful to trade the coming quarterly report?

In 2019, there was an indication of a very strong demand for the company products that pushed its sales 6%. In 2020, as most of the revenue used to come from outside venues that got closed under virus restrictions, sales fell 9%. The first quarter of 2021, however, is when the reopening process started unrolling in most parts of the globe. Therefore, while it’s pretty difficult to predict that the actuals figures will be for Q1’2021, they will be very indicative of the dynamic that may set the trend for the entire year.

So far, Coca-Cola’s dividend yield is 3.2% which is way more than the S&P 500’s 1.5%. During the entire 2020, it's been consistently beating the EPS expectations against all odds of the virus-torn business environment. The expected EPS for Q1'2021 is $0.5.

1.png

Source: nasdaq.com

During the previous quarter’s earnings report, Coca-Cola's CFO expressed confidence that the performance of 2021 will be equally good or stronger than that of 2019. That makes the stock price of $60 adn the EPS of $0.5 a very achievable target - if the report confirms that statement and possibly beats the market’s expectations.

                                                                                           LOG IN

Similar

Popular

Choose your payment system

Learn more

Callback

Please fill in the form below so we can contact you

Select the best time for us to call you. We give calls from Monday to Friday in suggested intervals. In case we couldn't get through, we will try again at the same time the next day. For getting real-time assistance, use FBS chat.

We provide only English-speaking callbacks. If you prefer any other languages, contact the support team.

We will call you at the time interval that you chose

Change number

Your request is accepted.

We will call you at the time interval that you chose

Next callback request for this phone number will be available in 00:30:00

If you have an urgent issue please contact us via
Live chat

Internal error. Please try again later