Coca-Cola is rising while the market is falling.

As of the current day, the stock price of the world's largest beverage maker has fallen by 0.37% over the past month, surpassing the 1.46% decline in the consumer essentials sector, but lagging behind the S&P 500's 3.15% increase during the same period.

Investors will be eagerly watching coca-cola's upcoming earnings disclosure. The company is expected to report an eps of $0.80, a 2.56% increase year-over-year. On the other hand, the current consensus estimate for revenue is $11.880 billion, a decrease of 0.75% compared to the same period last year.

The consensus forecast for coca-cola's full year projected an earnings per share of $2.82 and revenue of $45.810 billion. These results were expected to show changes of +4.83% and +0.13% respectively compared to the previous year.

Investors also need to pay attention to recent changes in analysts' estimates for coca-cola. These revisions typically reflect the latest short-term business trends that may change frequently. Therefore, positive forecast revisions indicate analysts' confidence in the company's performance and profit potential.

It has been demonstrated in studies that such adjustments to forecasts are directly related to imminent stock price movements.

In terms of valuation, coca-cola is currently being traded at a forward P/E ratio of 21.88. This means it carries a premium compared to the industry's average forward P/E of 19.28.

Additionally, it is worth mentioning that KO's PEG ratio is 3.48. Similar to the widely accepted P/E ratio, the PEG ratio also takes into account the company's expected earnings growth. Soft drink stocks, based on yesterday's closing price, have an average PEG ratio of 2.79.

The soft drink industry is part of the essential consumer goods sector. Currently, this industry has a Zacks industry rank of 150, positioning it in the bottom 41% among over 250 industries.

The strength of each industry group is measured by the Zacks industry rank calculated based on the average Zacks rank of each stock within these groups. Research indicates that industries in the top 50% in evaluation show performance that is twice as good as industries in the lower half.