Coca Cola stock price gained momentum midweek, closing at $60. The Coca-Cola Company (NYSE:KO) may have expanded into a beverage behemoth with hundreds of brands and products worldwide, but it still winds up leaning on its staple Coke and Coke Zero, the latter of which speaks to consumers looking for lower-sugar alternatives. Coca-Cola has shown a lackluster performance, with its shares losing 6.8% in the past three months compared with the Zacks Beverages – Soft Drinks industry’s decline of 4.6%. The KO stock has also underperformed the broader Zacks Consumer Staples sector’s decline of 2.4% and the S&P 500's growth of 8.4% in the same period. KO’s performance is notably weaker than that of its competitors, PepsiCo Inc. PEP and The Vita Coco Company COCO , which have rallied 7.5% and 15.4%, respectively, in the past three months. Additionally, the KO stock has underperformed Monster Beverage Corporation ’s MNST decline of 0.1% in the same period. Coca Cola stock price closed at $60.45 today, reflecting a marginal 0.3% uptick amid mixed sentiment in consumer staples. Analysts point to resilient Q2 earnings and steady dividend yield of 3.1% as supportive factors despite broader market volatility.