Market Update (NYSE:KO): The Coca-Cola Company and the Hispanic Scholarship Fund Continue Partnership to Help Hispanics Achieve College Dreams

[Business Wire] – Today Coca-Cola announced a donation of $150,000 to the Hispanic Scholarship Fund , the nation’s largest not-for-profit organization supporting Hispanic American higher education. Read more on this. The Coca-Cola Company (KO) , with a current market cap of $184.22B, started the session at $42.20. During today’s session, KO traded between $42.04 to $42.51 with a trailing 52-week range being $36.56 to $43.91. Priced at 21.38x this year’s forecasted earnings, KO shares are relatively inexpensive compared to the industry’s 37.44x forward p/e ratio. And for those looking to make a return holding the stock, the company pays shareholders $1.32 per share annually in dividends, yielding 3.07%. According to a consensus of 20 analysts, the earnings estimate of $0.37 per share would be $0.07 worse than the year-ago quarter and a $0.03 sequential decrease. What we find to be interesting is that the full-year EPS estimate of $1.99 is a $0.05 worse when compared to the previous year’s annual results. The quarterly earnings estimate is based on a consensus revenue forecast of the current quarter of $9.97 Billion. If realized, that would be a 8.53% decrease over the year-ago quarter. More recently, Sterne Agee CRT Initiated KO at Buy (Jul 21, 2015). Previously, UBS upgraded KO from Neutral to Buy. When considering if perhaps the stock is under or overvalued, the average price target is $45.39, which is 7.56% above where the stock opened this morning. See more in (NYSE:KO) Similar Articles: Market Update: The Coca-Cola Company (NYSE:KO) – Coke Zero™ Brings Drinkable Commercials to Football and Enters Year Three with ESPN’s ‘College GameDay’ Company Update: The Coca-Cola Company (NYSE:KO) – Robbins Arroyo LLP: Acquisition of Coca-Cola Enterprises, Inc. (CCE) by Coca-Cola Erfrischungsgetranke AG (KO) and Coca-Cola Iberian Partners SA (Private) May Not Be in Shareholders’ Best Interests Company Update (NYSE:KO): The Coca-Cola Company and the Hispanic Scholarship Fund Partner to Help Hispanics Achieve College Dreams