The stock market is full of potential investment opportunities, and investors are often looking for stock that can outperform their competitors. One such comparison is between The Coca-Cola Company (NYSE: KO) and Procter & Gamble (NYSE: PG). There is more to the comparison, and in the sections below, we discuss why we believe KO stock will offer better returns than PG stock in the long-term.
The stock is trading up 3.61% this week following yesterday's decline. KOF has an average analyst ranking of Buy with an average price target of $62.20. The stock is up 7% on the year, and has a dividend yield of 3.33%.
Rowan Street Capital highlighted stock like The Coca-Cola Company (NYSE:KO) in its Q4 2022 investor letter. Headquartered in Atlanta, Georgia, Coca-Cola is one of the world's largest producers of beverages and has a presence in more than 200 countries. The company has a market capitalization of $225.75 billion, and has over 60 brands of beverages that it produces.
What caused shares of Coca-Cola to be up 7% on a year the greater S&P 500 is down? The company has been able to maintain its dividend yield of 3.33% and its earnings have been increasing over the past few quarters. The company also recently announced a new zero-calorie drink and a new advertising campaign, which has helped to drive up the stock price.
For shareholders that currently own KO stock, I think it is a smart decision to hold onto the stock for the long-term. The company has a strong brand and a well-established presence in the beverage industry. The company has also been able to maintain its dividend yield and has been increasing its earnings over the past few quarters.
Allen III acquired 33,200 shares of the business's stock in a transaction on Friday, October 28th. The shares were acquired at an average cost of $59.20 per share, with a total value of $1,970,400.00. Following the completion of the purchase, the director now directly owns 33,200 shares in the company, valued at approximately $1,970,400.
The Coca-Cola Company (NYSE: K.O.) shares have advanced more than 15% since October 10, 2022, and the current price stands at $62.20. The stock has a beta of 0.64, suggesting that its share price is 36% less volatile than the S&P 500. The company has a current ratio of 0.75, a quick ratio of 0.62, and a debt-to-equity ratio of 0.29.
Coca-Cola Consolidated Increases Dividend By 4.2%. The company also recently disclosed a quarterly dividend, which will be paid on Friday, February 26th. stock of record on Thursday, February 11th will be paid a dividend of $0.27 per share. The ex-dividend date of this dividend is Wednesday, February 10th. This represents a $1.08 annualized dividend and a dividend yield of 1.75%.
The fund owned 610,442 shares of the company's stock after acquiring an additional 68,880 shares during the quarter. Coca-Cola Europacific Partners plc, through its subsidiaries, produces, distributes, and markets Coca-Cola products in Europe, Africa, and the Middle East. The company had a return on equity of 20.24% and a net margin of 5.15%.
stock recently featured in the blog include: UnitedHealth Group Inc. UNH, The Coca-Cola Co. KO, Roche Holding AG RHHBY, Lam Research Corp. LRCX. investors interested in investing in KO may want to consider these companies as well.
In conclusion, The Coca-Cola Company (NYSE: KO) appears to be a strong investment opportunity, and we think it is well-positioned to outperform Procter & Gamble (NYSE: PG) over the long-term. The stock has a strong brand, a well-established presence in the beverage industry, a dividend yield of 3.33%, and increasing earnings over the past few quarters. As such, we believe KO stock is a good option for investors looking for a long-term investment.
