Coca-Cola's European bottler ups bid for Coca-Cola Amatil to $7.7B

  • Coca-Cola European Partners (NYSE:CCEP) says it raised its takeover offer for Australian bottler Coca-Cola Amatil (OTCPK:CCLAF) to A$13.50/share (US$10.48/share) from A$12.75 offered last October, citing an improved outlook for Australia and New Zealand since the deal was first announced.
  • A separate agreement for the European bottler to acquire other Amatil shares from U.S.-based Coca-Cola Co. (NYSE:KO), which owns a 31% stake, is unchanged.
  • The Australian bottler says it backs the new final offer, which values Amatil at A$9.93B (US$7.7B) and is 5.9% above the initial offer price.
  • The economic outlook for Australia and New Zealand has improved since the announcement of the original CCEP proposal.

    Investors in Coca-Cola can expect a huge dividend payment. Based on the recent analysts' consensus the stock now has one of the highest dividend returns of the American market. For this year the analysts expect a dividend of 1.68 USD per share. The dividend yield is then 3.31 percent. The average dividend yield of the beverage companies is a limited 0.36 percent.

    Historical dividend returns Coca-Cola

    For this year the company from Atlanta could earn a total revenue around 36.65 billion USD. This is according to the average of the analysts' estimates. This is quite more than 2019's revenue of 33.01 billion USD.

    Historical revenues and results Coca-Cola plus estimates 2020

    koersdata Coca-Cola

    The analysts expect for 2020 a net profit of 9.24 billion USD. For this year the consensus of Coca-Cola 's result per share is a profit of 2.14 USD. Based on this the price/earnings-ratio is 23.69.

    Latest estimates around 55 USD

    The most recent recommendations for the beverage company are from ABN AMRO , JP Morgan and Deutsche Bank .

    Coca-Cola 's market capitalization is based on the number of outstanding shares around 216.95 billion USD. The Coca-Cola stock was the past 12 months quite unstable. Since last February the stock is 13 percent lower. This year the stock price moved between 36 and 60 dollar.

    Historical stock prices Coca-Cola period 2007-2020

    fundamental research coca-cola

    Click here for dividend Coca-Cola. At 18.55 the stock trades 0.31 percent lower at 50.69 USD.

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