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
COKE Fundamentals
COKE Revenue
COKE Earnings
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
COKE Investor Care
Peers (Alternatives to Coca-Cola Bottling Consolidated)
View All Peers In Detail| Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|
| LARGE-CAP | ||||||||
KO | 260.8B | 43.0B | -0.28% | 3.56% | 27.33 | 6.06 | 11.25% | -2.34% |
PEP | 243.6B | 86.4B | -0.64% | 11.86% | 27.34 | 2.82 | 8.70% | 16.96% |
PM | 147.9B | 80.7B | -7.26% | 8.04% | 16.34 | 1.83 | -1.89% | -0.67% |
MNST | 54.0B | 6.3B | -1.79% | 36.32% | 45.32 | 8.56 | 13.89% | -13.49% |
KDP | 49.4B | 14.1B | -2.08% | -5.00% | 34.43 | 3.52 | 10.83% | -33.08% |
TAP | 11.2B | 12.8B | 0.17% | 3.10% | -63.67 | 0.87 | 2.87% | -117.43% |
| MID-CAP | ||||||||
CELH | 6.5B | 653.6M | -14.69% | 85.35% | -34.74 | 9.95 | 107.97% | -4902.10% |
PRMW | 2.4B | 2.2B | -9.50% | 7.29% | 80.23 | 1.07 | 6.84% | 1025.00% |
MGPI | 2.1B | 782.4M | -3.56% | 16.91% | 18.89 | 2.63 | 24.83% | 19.88% |
| SMALL-CAP | ||||||||
REED | 365.3M | 50.8M | 3480.11% | 988.71% | -20.12 | 7.19 | 6.92% | -22.73% |
XXII | 191.8M | 52.0M | -13.35% | -57.78% | -4.52 | 3.69 | 74.36% | -79.24% |
WTER | 23.4M | 73.3M | -28.89% | -79.55% | -0.76 | 0.32 | 32.40% | 6.88% |
FIZZ | 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) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Revenue | 2.8% | 6,201 | 6,031 | 5,859 | 5,697 | 5,563 |
| Gross Profit | 4.9% | 2,278 | 2,172 | 2,069 | 2,013 | 1,954 |
| S&GA Expenses | 1.2% | 1,637 | 1,617 | 1,566 | 1,537 | 1,515 |
| EBITDA | 20.4% | 748 | 621 | 563 | 521 | 469 |
| EBITDA Margin | 17.1% | 0.12* | 0.10* | 0.10* | 0.09* | 0.08* |
| Earnings Before Taxes | 30.1% | 575 | 442 | 377 | 308 | 255 |
| EBT Margin | 26.5% | 0.09* | 0.07* | 0.06* | 0.05* | 0.05* |
| Interest Expenses | -15.0% | 25.00 | 29.00 | 31.00 | 32.00 | 33.00 |
| Net Income | 30.0% | 430 | 331 | 281 | 230 | 190 |
| Net Income Margin | 26.5% | 0.07* | 0.05* | 0.05* | 0.04* | 0.03* |
| Free Cahsflow | -0.1% | 256 | 256 | 273 | 348 | 366 |
| Balance Sheet | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Assets | 3.1% | 3,710 | 3,597 | 3,582 | 3,426 | 3,446 |
| Current Assets | 1.3% | 1,246 | 1,230 | 1,213 | 1,051 | 1,077 |
| Cash Equivalents | 21.1% | 198 | 163 | 189 | 127 | 142 |
| Inventory | 10.8% | 348 | 314 | 304 | 276 | 303 |
| Net PPE | 9.3% | 1,184 | 1,083 | 1,082 | 1,072 | 1,031 |
| Goodwill | 0% | 166 | 166 | 166 | 166 | 166 |
| Liabilities | 0.6% | 2,594 | 2,578 | 2,680 | 2,622 | 2,734 |
| Current Liabilities | 3.2% | 905 | 877 | 977 | 894 | 835 |
| Long Term Debt | -17.3% | 599 | 724 | 724 | 723 | - |
| LT Debt, Current | 0% | 125 | 125 | - | - | - |
| LT Debt, Non Current | 0.0% | 599 | 599 | 599 | 599 | 723 |
| Shareholder's Equity | 9.5% | 1,115 | 1,019 | 902 | 804 | 712 |
| Retained Earnings | 8.1% | 1,112 | 1,029 | 913 | 816 | 724 |
| Additional Paid-In Capital | 0% | 136 | 136 | 136 | 136 | 136 |
| Accumulated Depreciation | - | 1,007 | - | - | - | - |
| Cashflow (Last 12 Months) | (In Millions) | |||||
|---|---|---|---|---|---|---|
| Description | (%) Q/Q | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 |
| Cashflow From Operations | 16.4% | 555 | 476 | 494 | 571 | 522 |
| Share Based Compensation | - | 0.00 | - | - | - | - |
| Cashflow From Investing | -28.6% | -324 | -252 | -251 | -254 | -161 |
| Cashflow From Financing | 29.5% | -174 | -247 | -108 | -240 | -272 |
| Dividend Payments | 0% | 9.00 | 9.00 | 9.00 | 9.00 | 9.00 |
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 ascending | Fund Name | Type | % 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 | -% |
Latest Funds Activity
Calls
Puts
Net Call Options
No. of Funds
COKE Alerts
Coca-Cola Bottling Consolidated News
Schedule 13G FIlings of Coca-Cola Bottling Consolidated
| Date Filed | Name of Filer | Percent of Class | No. of Shares | Form 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 ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
|---|---|---|---|---|---|---|
2019-05-10 | Murrey John W III | sold | -379,604 | 379 | -1,000 | - |
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
2022-12-31CONSOLIDATED 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 sales | 3,923,003 | 3,608,527 | 3,238,448 |
| Gross profit | 2,277,954 | 1,954,187 | 1,768,909 |
| Selling, delivery and administrative expenses | 1,636,907 | 1,515,016 | 1,455,531 |
| Income from operations | 641,047 | 439,171 | 313,378 |
| Interest expense, net | 24,792 | 33,449 | 36,735 |
| Other expense, net | 41,168 | 150,573 | 35,603 |
| Income before taxes | 575,087 | 255,149 | 241,040 |
| Income tax expense | 144,929 | 65,569 | 58,943 |
| Net income | 430,158 | 189,580 | 182,097 |
| Less: Net income attributable to noncontrolling interest | 0 | 0 | 9,604 |
| 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) | 8,117 | 7,141 | 7,141 |
| 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) | 9,405 | 9,400 | 9,427 |
| 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) | 1,257 | 2,232 | 2,232 |
| 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) | 1,288 | 2,259 | 2,286 |
COKE Balance Sheet
2022-12-31CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands | Dec. 31, 2022 | Dec. 31, 2021 |
|---|---|---|
| Current Assets: | ||
| Cash and cash equivalents | $ 197,648 | $ 142,314 |
| Accounts receivable, trade | 532,047 | 472,270 |
| Allowance for doubtful accounts | (16,119) | (17,336) |
| Accounts receivable from The Coca-Cola Company | 35,786 | 57,737 |
| Accounts receivable, other | 54,631 | 33,878 |
| Inventories | 347,545 | 302,851 |
| Prepaid expenses and other current assets | 94,263 | 78,068 |
| Assets held for sale | 0 | 6,880 |
| Total current assets | 1,245,801 | 1,076,662 |
| Property, plant and equipment, net | 1,183,730 | 1,030,688 |
| Right-of-use assets - operating leases | 140,588 | 139,877 |
| Leased property under financing leases, net | 6,431 | 64,211 |
| Other assets | 115,892 | 120,486 |
| Goodwill | 165,903 | 165,903 |
| Total assets | 3,709,545 | 3,445,570 |
| Current Liabilities: | ||
| Current portion of obligations under operating leases | 27,635 | 22,048 |
| Current portion of obligations under financing leases | 2,303 | 6,060 |
| Accounts payable, trade | 351,729 | 319,318 |
| Accounts payable to The Coca-Cola Company | 162,783 | 145,671 |
| Other accrued liabilities | 198,300 | 226,769 |
| Accrued compensation | 126,921 | 110,894 |
| Accrued interest payable | 2,677 | 4,096 |
| Dividends payable | 32,808 | 0 |
| Total current liabilities | 905,156 | 834,856 |
| Deferred income taxes | 150,222 | 136,432 |
| Pension and postretirement benefit obligations | 60,323 | 93,391 |
| Other liabilities | 753,357 | 758,610 |
| Noncurrent portion of obligations under operating leases | 118,763 | 122,046 |
| Noncurrent portion of obligations under financing leases | 7,519 | 65,006 |
| Long-term debt | 598,817 | 723,443 |
| Total liabilities | 2,594,157 | 2,733,784 |
| Commitments and Contingencies | ||
| Equity: | ||
| Additional paid in capital | 135,953 | 135,953 |
| Retained earnings | 1,112,462 | 724,486 |
| Accumulated other comprehensive loss | (84,837) | (100,463) |
| Total equity | 1,115,388 | 711,786 |
| Total liabilities and equity | 3,709,545 | 3,445,570 |
| Convertible Preferred Stock | ||
| Equity: | ||
| Preferred Stock | 0 | 0 |
| Nonconvertible Preferred Stock | ||
| Equity: | ||
| Preferred Stock | 0 | 0 |
| Preferred Stock | ||
| Equity: | ||
| Preferred Stock | 0 | 0 |
| Common Stock | ||
| Equity: | ||
| Common Stock | 11,431 | 10,204 |
| Treasury stock, at cost | (60,845) | (60,845) |
| Class B Common Stock | ||
| Equity: | ||
| Common Stock | 1,633 | 2,860 |
| Treasury stock, at cost | (409) | (409) |
| Class C Common Stock | ||
| Equity: | ||
| Common Stock | 0 | 0 |
| Distribution agreements, net | ||
| Current Assets: | ||
| Intangible assets, net | 842,035 | 836,777 |
| Customer lists, net | ||
| Current Assets: | ||
| Intangible assets, net | $ 9,165 | $ 10,966 |