In the latest close session, Coca-Cola (KO) was down 1.02% at $82.55. The stock fell short of the S&P 500, which registered a gain of 0.81% for the day. Meanwhile, the Dow gained 0.27%, and the Nasdaq, a tech-heavy index, added 1.3%.
Coming into today, shares of the world's largest beverage maker had lost 0.23% in the past month. In that same time, the Consumer Staples sector gained 3.31%, while the S&P 500 gained 1.13%.
The investment community will be closely monitoring the performance of Coca-Cola in its forthcoming earnings report. The company is scheduled to release its earnings on July 28, 2026. In that report, analysts expect Coca-Cola to post earnings of $0.92 per share. This would mark year-over-year growth of 5.75%. Our most recent consensus estimate is calling for quarterly revenue of $13.05 billion, up 4.15% from the year-ago period.
For the entire fiscal year, the Zacks Consensus Estimates are projecting earnings of $3.26 per share and a revenue of $49.33 billion, representing changes of +8.67% and +3%, respectively, from the prior year.
Investors should also take note of any recent adjustments to analyst estimates for Coca-Cola. Recent revisions tend to reflect the latest near-term business trends. Consequently, upward revisions in estimates express analysts' positivity towards the business operations and its ability to generate profits.
Our research reveals that these estimate alterations are directly linked with the stock price performance in the near future. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.
The Zacks Rank system, ranging from #1 (Strong Buy) to #5 (Strong Sell), possesses a remarkable history of outdoing, externally audited, with #1 stocks returning an average annual gain of +25% since 1988. Over the past month, there's been no change in the Zacks Consensus EPS estimate. Coca-Cola currently has a Zacks Rank of #2 (Buy).
Digging into valuation, Coca-Cola currently has a Forward P/E ratio of 25.57. This valuation marks a premium compared to its industry average Forward P/E of 20.33.
We can additionally observe that KO currently boasts a PEG ratio of 3.33. The PEG ratio is akin to the commonly utilized P/E ratio, but this measure also incorporates the company's anticipated earnings growth rate. The Beverages - Soft drinks industry currently had an average PEG ratio of 2.17 as of yesterday's close.
The Beverages - Soft drinks industry is part of the Consumer Staples sector. At present, this industry carries a Zacks Industry Rank of 108, placing it within the top 44% of over 250 industries.
The strength of our individual industry groups is measured by the Zacks Industry Rank, which is calculated based on the average Zacks Rank of the individual stocks within these groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.
Be sure to use Zacks.com to monitor all these stock-influencing metrics, and more, throughout the forthcoming trading sessions.
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CocaCola Company (The) (KO): Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).