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Coca-Cola CAGNY highlights

Published 02/21/2018, 08:05 AM
© Reuters.  Coca-Cola CAGNY highlights
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  • Susquehanna analyst Pablo Zuanic walks away from Coca-Cola's (NYSE:KO) CAGNY presentation more confident on the long-term opportunity with the beverage stock.
  • Zaunic says Coca-Cola management made a strong case that its 4% organic growth target is achievable. Coca-Cola thinks its high total market share in NARTDS gives it leverage to gain share over time outside of non-CSDs.
  • On the capital allocation front, Coca-Cola is targeting a net debt to EBITDA ratio of 2X to 2.5X and plans to pay out 75% of free cash flow as dividends.
  • Coca-Cola CAGNY presentation
  • KO -0.02% premarket to $43.98.
  • Now read: A Deeper Reading Into Coca-Cola's Optimistic Future Guidance


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