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Coca-Cola shares hit record high, diverging from earnings growth

The Motley Fool +2 · ·by G4L

KO Coca-Cola Co
$95.67 -0.06%
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  1. 1Coca-Cola reached a record high stock price of $95.83 on November 2.
  2. 2Coca-Cola management forecasts that adjusted EPS will rise by at least 11% in 2026.
  3. 3The price-to-earnings ratio relative to Coca-Cola's expected earnings this year is approximately 29 times.

So what's the key point?

Coca-Cola's stock price has reached its highest level ever. The stock is trading at about 29 times the profit the company is expected to earn.

Source The Motley Fool +2 · View original ↗

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