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Coca-Cola (KO) Rises As Market Takes a Dip: Key Facts

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Coca-Cola (KO - Free Report) ended the recent trading session at $95.34, demonstrating a +2.87% change from the preceding day's closing price. This move outpaced the S&P 500's daily loss of 1.21%. Elsewhere, the Dow saw an upswing of 0.02%, while the tech-heavy Nasdaq depreciated by 2.6%.

Heading into today, shares of the world's largest beverage maker had gained 5.21% over the past month, outpacing the Consumer Staples sector's gain of 4.45% and the S&P 500's loss of 0.03%.

Investors will be eagerly watching for the performance of Coca-Cola in its upcoming earnings disclosure. The company's earnings report is set to be unveiled on October 27, 2026. The company is predicted to post an EPS of $0.87, indicating a 6.1% growth compared to the equivalent quarter last year. Meanwhile, the latest consensus estimate predicts the revenue to be $12.93 billion, indicating a 4.15% increase compared to the same quarter of the previous year.

Regarding the entire year, the Zacks Consensus Estimates forecast earnings of $3.3 per share and revenue of $49.82 billion, indicating changes of +10% and +4.02%, respectively, compared to the previous year.

Any recent changes to analyst estimates for Coca-Cola should also be noted by investors. Such recent modifications usually signify the changing landscape of near-term business trends. Therefore, positive revisions in estimates convey analysts' confidence in the business performance and profit potential.

Research indicates that these estimate revisions are directly correlated with near-term share price momentum. To capitalize on this, we've crafted the Zacks Rank, a unique model that incorporates these estimate changes and offers a practical rating system.

The Zacks Rank system ranges from #1 (Strong Buy) to #5 (Strong Sell). It has a remarkable, outside-audited track record of success, with #1 stocks delivering an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has shifted 0.09% upward. Currently, Coca-Cola is carrying a Zacks Rank of #2 (Buy).

Valuation is also important, so investors should note that Coca-Cola has a Forward P/E ratio of 28.13 right now. This expresses a premium compared to the average Forward P/E of 19.46 of its industry.

It is also worth noting that KO currently has a PEG ratio of 3.61. This popular metric is similar to the widely-known P/E ratio, with the difference being that the PEG ratio also takes into account the company's expected earnings growth rate. As the market closed yesterday, the Beverages - Soft drinks industry was having an average PEG ratio of 1.9.

The Beverages - Soft drinks industry is part of the Consumer Staples sector. Currently, this industry holds a Zacks Industry Rank of 184, positioning it in the bottom 26% of all 250+ industries.

The Zacks Industry Rank evaluates the power of our distinct industry groups by determining the average Zacks Rank of the individual stocks forming the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

You can find more information on all of these metrics, and much more, on Zacks.com.

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