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Coca-Cola Bottling Co Consolidated Stock Research

COKE

505.75USD-3.26(-0.64%)Market Closed

Market Summary

USD505.75-3.26
Market Closed
-0.64%

COKE Alerts

COKE Stock Price

COKE RSI Chart

COKE Valuation

COKE Price/Sales (Trailing)

COKE Profitability

EBT Margin

9.27%

Return on Equity

38.57%

Return on Assets

11.6%

COKE Fundamentals

COKE Revenue

Revenue (TTM)

6.2B

Revenue Y/Y

12.16%

Revenue Q/Q

-3.43%

COKE Earnings

Earnings (TTM)

430.2M

Earnings Y/Y

519.9%

Earnings Q/Q

-0.27%

Price Action

52 Week Range

405.03656.11
(Low)(High)

Last 7 days

-6.2%

Last 30 days

-2.5%

Last 90 days

3.0%

Trailing 12 Months

4.2%

COKE Financial Health

Current Ratio

1.38

Debt/Equity

0.54

Debt/Cashflow

0.93

COKE Investor Care

Peers (Alternatives to Coca-Cola Bottling Consolidated)

View All Peers In Detail
NameMkt Capsorted ascendingRevenuePrice %, 1MReturns, 1YP/EP/SRev 1-YrInc 1-Yr
LARGE-CAP
260.8B
43.0B
-0.28% 3.56%
27.33
6.06
11.25% -2.34%
243.6B
86.4B
-0.64% 11.86%
27.34
2.82
8.70% 16.96%
147.9B
80.7B
-7.26% 8.04%
16.34
1.83
-1.89% -0.67%
54.0B
6.3B
-1.79% 36.32%
45.32
8.56
13.89% -13.49%
49.4B
14.1B
-2.08% -5.00%
34.43
3.52
10.83% -33.08%
11.2B
12.8B
0.17% 3.10%
-63.67
0.87
2.87% -117.43%
MID-CAP
6.5B
653.6M
-14.69% 85.35%
-34.74
9.95
107.97% -4902.10%
2.4B
2.2B
-9.50% 7.29%
80.23
1.07
6.84% 1025.00%
2.1B
782.4M
-3.56% 16.91%
18.89
2.63
24.83% 19.88%
SMALL-CAP
365.3M
50.8M
3480.11% 988.71%
-20.12
7.19
6.92% -22.73%
191.8M
52.0M
-13.35% -57.78%
-4.52
3.69
74.36% -79.24%
23.4M
73.3M
-28.89% -79.55%
-0.76
0.32
32.40% 6.88%
4.9M
1.2B
11.94% 26.39%
0.03
0
4.98% -14.14%

Financials for Coca-Cola Bottling Consolidated

Income Statement (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Revenue2.8%6,2016,0315,8595,6975,563
Gross Profit4.9%2,2782,1722,0692,0131,954
  S&GA Expenses1.2%1,6371,6171,5661,5371,515
EBITDA20.4%748621563521469
EBITDA Margin17.1%0.12*0.10*0.10*0.09*0.08*
Earnings Before Taxes30.1%575442377308255
EBT Margin26.5%0.09*0.07*0.06*0.05*0.05*
Interest Expenses-15.0%25.0029.0031.0032.0033.00
Net Income30.0%430331281230190
Net Income Margin26.5%0.07*0.05*0.05*0.04*0.03*
Free Cahsflow-0.1%256256273348366
Balance Sheet
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Assets3.1%3,7103,5973,5823,4263,446
  Current Assets1.3%1,2461,2301,2131,0511,077
    Cash Equivalents21.1%198163189127142
  Inventory10.8%348314304276303
  Net PPE9.3%1,1841,0831,0821,0721,031
  Goodwill0%166166166166166
Liabilities0.6%2,5942,5782,6802,6222,734
  Current Liabilities3.2%905877977894835
  Long Term Debt-17.3%599724724723-
    LT Debt, Current0%125125---
    LT Debt, Non Current0.0%599599599599723
Shareholder's Equity9.5%1,1151,019902804712
  Retained Earnings8.1%1,1121,029913816724
  Additional Paid-In Capital0%136136136136136
Accumulated Depreciation-1,007----
Cashflow (Last 12 Months)
(In Millions)
* denotes actual numbers (not divided by Millions)
Description(%) Q/Q2022Q42022Q32022Q22022Q12021Q4
Cashflow From Operations16.4%555476494571522
  Share Based Compensation-0.00----
Cashflow From Investing-28.6%-324-252-251-254-161
Cashflow From Financing29.5%-174-247-108-240-272
  Dividend Payments0%9.009.009.009.009.00

Risks for COKE

What is the probability of a big loss on COKE?

78.1%


Probability that Coca-Cola Bottling Consolidated stock will be more than 20% underwater in next one year

52.7%


Probability that Coca-Cola Bottling Consolidated stock will be more than 30% underwater in next one year.

22.3%


Probability that Coca-Cola Bottling Consolidated stock will be more than 40% underwater in next one year.
*Calculated based on probability distribution of losses observed in actual data in the last 5 years.

How does COKE drawdown profile look like?

Y-axis is the maximum loss one would have experienced if Coca-Cola Bottling Consolidated was unfortunately bought at previous high price.

Drawdowns

Returns for COKE

Cumulative Returns on COKE

24.0%


10-Year Cumulative Returns

17.0%


7-Year Cumulative Returns

23.2%


5-Year Cumulative Returns

33.2%


3-Year Cumulative Returns

What are the long-term rolling returns for COKE?

FIve years rolling returns for Coca-Cola Bottling Consolidated.

Annualized Returns

Which funds bought or sold COKE recently?

View All Details
Datesorted ascendingFund NameType% Chg$ Change$ Held% Portfolio
2023-03-10
VICTORY CAPITAL MANAGEMENT INC
reduced
-27.65
-77,215
695,785
-%
2023-03-06
Rockefeller Capital Management L.P.
unchanged
-
2,000
8,000
-%
2023-03-02
LORING WOLCOTT & COOLIDGE FIDUCIARY ADVISORS LLP/MA
new
-
159,856
159,856
-%
2023-02-28
Voya Investment Management LLC
reduced
-2.89
560,925
3,250,920
-%
2023-02-22
TEACHERS RETIREMENT SYSTEM OF THE STATE OF KENTUCKY
reduced
-23.42
-24,000
503,000
-%
2023-02-21
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO
reduced
-76.67
-26,240
10,760
-%
2023-02-21
NORTHWESTERN MUTUAL INVESTMENT MANAGEMENT COMPANY, LLC
reduced
-35.94
-55,735
218,265
0.01%
2023-02-21
MACQUARIE GROUP LTD
added
34.33
-12,000
46,000
-%
2023-02-17
TRUIST FINANCIAL CORP
sold off
-100
-4,749,000
-
-%
2023-02-16
HARBOUR INVESTMENTS, INC.
reduced
-57.63
-20,191
12,809
-%

1–10 of 50

Latest Funds Activity

Are funds buying COKE calls or puts?
Calls
Puts
Are funds bullish or bearish(Calls - Puts)?
Net Call Options
No. of funds that own COKE
No. of Funds

Coca-Cola Bottling Consolidated News

Charlotte Observer

Coca-Cola Bottling Co. Consolidated opens new call center.

Charlotte Observer,
7 years ago

Chattanooga Times Free Press

Local families have Coke connection.

Chattanooga Times Free Press,
13 years ago

Schedule 13G FIlings of Coca-Cola Bottling Consolidated

Date FiledName of FilerPercent of ClassNo. of SharesForm Type
Feb 09, 2023
vanguard group inc
6.64%
555,587
SC 13G/A
Feb 01, 2023
blackrock inc.
6.6%
549,440
SC 13G/A
Jan 11, 2023
wells sue anne h.
7.20%
602,568
SC 13G/A
Jan 11, 2023
harrison deborah s
6.67%
558,348
SC 13G/A
Mar 28, 2022
wells sue anne h.
8.59%
613,773
SC 13G
Mar 28, 2022
harrison deborah s
8.59%
613,773
SC 13G
Mar 23, 2022
harrison j frank iii
10.7%
1,004,394
SC 13D/A
Feb 14, 2022
price t rowe associates inc /md/
4.1%
297,014
SC 13G/A
Feb 09, 2022
vanguard group inc
8.34%
595,563
SC 13G/A
Feb 01, 2022
blackrock inc.
9.7%
695,253
SC 13G/A

COKE Fair Value

Recent SEC filings of Coca-Cola Bottling Consolidated

View All Filings
Date Filed Form Type Document
Mar 10, 2023
PRE 14A
PRE 14A
Feb 22, 2023
8-K
Current Report
Feb 22, 2023
10-K
Annual Report
Feb 09, 2023
SC 13G/A
Major Ownership Report
Feb 01, 2023
SC 13G/A
Major Ownership Report
Jan 11, 2023
SC 13G/A
Major Ownership Report
Jan 11, 2023
SC 13G/A
Major Ownership Report
Dec 07, 2022
8-K
Current Report

Latest Insider Trading transactions for COKE

Filter Transactions
Datesorted ascendingNameBuy/Sell$ ValueAvg. Price# SharesTitle
2019-05-10
Murrey John W III
sold
-379,604
379
-1,000
-

1–1 of 1

J. Frank Harrison
16000
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as carbonated beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.

COKE Income Statement

2022-12-31
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Net sales$ 6,200,957$ 5,562,714$ 5,007,357
Cost of sales3,923,0033,608,5273,238,448
Gross profit2,277,9541,954,1871,768,909
Selling, delivery and administrative expenses1,636,9071,515,0161,455,531
Income from operations641,047439,171313,378
Interest expense, net24,79233,44936,735
Other expense, net41,168150,57335,603
Income before taxes575,087255,149241,040
Income tax expense144,92965,56958,943
Net income430,158189,580182,097
Less: Net income attributable to noncontrolling interest009,604
Net income attributable to Coca‑Cola Consolidated, Inc.$ 430,158$ 189,580$ 172,493
Common Stock   
Basic net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:   
Common Stock (in dollars per share)$ 45.88$ 20.23$ 18.40
Weighted average number of Common Stock shares outstanding (in shares)8,1177,1417,141
Diluted net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:   
Common Stock (in dollars per share)$ 45.74$ 20.17$ 18.30
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares)9,4059,4009,427
Class B Common Stock   
Basic net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:   
Common Stock (in dollars per share)$ 45.93$ 20.23$ 18.40
Weighted average number of Common Stock shares outstanding (in shares)1,2572,2322,232
Diluted net income per share based on net income attributable to Coca‑Cola Consolidated, Inc.:   
Common Stock (in dollars per share)$ 45.76$ 20.16$ 18.28
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares)1,2882,2592,286

COKE Balance Sheet

2022-12-31
CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Thousands
Dec. 31, 2022
Dec. 31, 2021
Current Assets:  
Cash and cash equivalents$ 197,648$ 142,314
Accounts receivable, trade532,047472,270
Allowance for doubtful accounts(16,119)(17,336)
Accounts receivable from The Coca-Cola Company35,78657,737
Accounts receivable, other54,63133,878
Inventories347,545302,851
Prepaid expenses and other current assets94,26378,068
Assets held for sale06,880
Total current assets1,245,8011,076,662
Property, plant and equipment, net1,183,7301,030,688
Right-of-use assets - operating leases140,588139,877
Leased property under financing leases, net6,43164,211
Other assets115,892120,486
Goodwill165,903165,903
Total assets3,709,5453,445,570
Current Liabilities:  
Current portion of obligations under operating leases27,63522,048
Current portion of obligations under financing leases2,3036,060
Accounts payable, trade351,729319,318
Accounts payable to The Coca-Cola Company162,783145,671
Other accrued liabilities198,300226,769
Accrued compensation126,921110,894
Accrued interest payable2,6774,096
Dividends payable32,8080
Total current liabilities905,156834,856
Deferred income taxes150,222136,432
Pension and postretirement benefit obligations60,32393,391
Other liabilities753,357758,610
Noncurrent portion of obligations under operating leases118,763122,046
Noncurrent portion of obligations under financing leases7,51965,006
Long-term debt598,817723,443
Total liabilities2,594,1572,733,784
Commitments and Contingencies
Equity:  
Additional paid in capital135,953135,953
Retained earnings1,112,462724,486
Accumulated other comprehensive loss(84,837)(100,463)
Total equity1,115,388711,786
Total liabilities and equity3,709,5453,445,570
Convertible Preferred Stock  
Equity:  
Preferred Stock00
Nonconvertible Preferred Stock  
Equity:  
Preferred Stock00
Preferred Stock  
Equity:  
Preferred Stock00
Common Stock  
Equity:  
Common Stock11,43110,204
Treasury stock, at cost(60,845)(60,845)
Class B Common Stock  
Equity:  
Common Stock1,6332,860
Treasury stock, at cost(409)(409)
Class C Common Stock  
Equity:  
Common Stock00
Distribution agreements, net  
Current Assets:  
Intangible assets, net842,035836,777
Customer lists, net  
Current Assets:  
Intangible assets, net$ 9,165$ 10,966