Coca-Cola Stock Joins Rank Of Stocks With 95-Plus Composite Rating
The company's shares have now returned 36% year to date, compared with the S&P 500's SPX, +0.09% return of 9%.Coca-Cola Consolidated's stock has outperformed the market this year, returning 36% compared to the S&P 500's 9%.
The IBD SmartSelect composite rating of Coca-Cola Consolidated was upgraded from 94 to96 on Thursday.
According to the revised score, this stock is currently ranked higher than 96% of other stocks when it comes to key performance metrics and its technical strength. In the early stages, the market's largest winners have 95 or more ratings. This is a good thing to keep in mind when you're looking for stocks to watch and buy.
Coca-Cola's stock currently forms a cup and handle with a 579.95 entry. Check if it is the real deal and can be broken out at a rate of 40% or more above the average.
The stock's 99 EPS rating means that its recent quarterly and yearly earnings growth outpaces 99% of other stocks.
Expect the rating to rise to a C- or higher.
Earnings Review
The company's earnings per share grew by 101% in Q4. This means that it has now achieved four consecutive quarters of increasing EPS growth. The top line growth was the same as in the previous report, which was 12%. The next earnings report is expected to be released on or around the 9th of May.
Coca-Cola Femsa ADR is ranked No. The group's No. 1 stock is Coca-Cola Femsa ADR (KOF).