Shares of the Coca-Cola Company (NYSE:KO) were on track for their seventh straight session of gains, rising 1.3% in afternoon trading.
The beverage giant rose 1.3% to $59.71 on Tuesday. Its shares have lost nearly 24% over a 12-month period.
Looking at Seeking Alpha’s Quant ratings, Coca-Cola has a Strong Buy rating with a score of 4.81 out of 5. The company scored an A+ for profitability and an A- for revisions, but only managed to get a D for valuation.
Turning to the Wall Street community, 18 out of 23 analysts rate Coca-Cola as a Buy or higher and five rate it a Hold.
Seeking Alpha analyst at large consider the company a Buy. According to SA analyst Lighting Rock Research, “68% of Coca-Cola’s products currently have low or no calories, and their potential risk from GLP-1 drugs is quite low.”
December was a favorable month for the company, with 13 sessions in the green and seven sessions in the red.
