COKE - Coca-Cola Consolidated Inc Stock Price, Fair Value and News

824.64USD+7.46 (+0.91%)Delayed as of 22 Apr 2024, 11:43 am ET

Market Summary

USD824.64+7.46

Delayedas of 22 Apr 2024, 11:43 am

0.91%

COKE Stock Price

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COKE RSI Chart

COKE Valuation

Market Cap

6.0B

Price/Earnings (Trailing)

14.72

Price/Sales (Trailing)

0.9

EV/EBITDA

8.42

Price/Free Cashflow

11.38

COKE Price/Sales (Trailing)

COKE Profitability

EBT Margin

8.38%

Return on Equity

28.45%

Return on Assets

9.52%

Free Cashflow Yield

8.79%

COKE Fundamentals

COKE Revenue

Revenue (TTM)

6.7B

Rev. Growth (Yr)

3.7%

Rev. Growth (Qtr)

-4.76%

COKE Earnings

Earnings (TTM)

408.4M

Earnings Growth (Yr)

-35.97%

Earnings Growth (Qtr)

-17.65%

Breaking Down COKE Revenue

52 Week Range

552.36824.64

(Low)(High)

Last 7 days

-0.1%

Last 30 days

-5.6%

Last 90 days

-5.0%

Trailing 12 Months

47.1%

How does COKE drawdown profile look like?

COKE Financial Health

Current Ratio

1.56

Debt/Equity

0.42

Debt/Cashflow

1.35

COKE Investor Care

Dividend Yield

2.2%

Dividend/Share (TTM)

Diluted EPS (TTM)

43.38

Historical Charts for Stock Metrics

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Net sales

Year	Q1	Q2	Q3	Q4
2023	6.4B	6.5B	6.6B	6.7B
2022	5.7B	5.9B	6.0B	6.2B
2021	5.1B	5.3B	5.4B	5.6B
2020	4.9B	4.9B	4.9B	5.0B
2019	4.7B	4.7B	4.8B	4.8B
2018	4.5B	4.6B	4.6B	4.6B
2017	3.4B	3.7B	4.0B	4.3B
2016	2.5B	2.7B	2.9B	3.2B
2015	1.8B	2.0B	2.1B	2.3B
2014	1.6B	1.7B	1.7B	1.7B
2013	1.6B	1.6B	1.6B	1.6B
2012	1.6B	1.6B	1.6B	1.6B
2011	1.5B	1.5B	1.5B	1.6B
2010	0	1.5B	1.5B	1.5B
2009	0	0	0	1.4B

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

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Tracking the Latest Insider Buys and Sells of Coca-Cola Consolidated Inc

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
May 10, 2019	murrey john w iii	sold	-379,604	379	-1,000	-

Which funds bought or sold COKE recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 18, 2024	STATE OF MICHIGAN RETIREMENT SYSTEM	added	9.09	-5,548	1,015,690	-%
Apr 18, 2024	FARMERS & MERCHANTS INVESTMENTS INC	unchanged	-	-164	1,693	-%
Apr 18, 2024	Aspire Private Capital, LLC	new	-	5,078	5,078	-%
Apr 18, 2024	Allspring Global Investments Holdings, LLC	reduced	-32.16	-5,145,410	8,340,520	0.01%
Apr 18, 2024	Diversified Trust Co	reduced	-0.31	-12,431,200	123,914,000	3.73%
Apr 18, 2024	Hexagon Capital Partners LLC	unchanged	-	-328	3,386	-%
Apr 18, 2024	VAUGHAN NELSON INVESTMENT MANAGEMENT, L.P.	added	36.94	10,052,000	50,501,000	0.44%
Apr 18, 2024	SJS Investment Consulting Inc.	unchanged	-	-246	2,540	-%
Apr 18, 2024	Tributary Capital Management, LLC	reduced	-56.25	-16,675,600	11,066,000	0.91%
Apr 18, 2024	Measured Wealth Private Client Group, LLC	added	6.4	-8,269	267,466	0.09%

Are Funds Buying or Selling COKE?

Are funds buying COKE calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own COKE

No. of Funds

Unveiling Coca-Cola Consolidated Inc's Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Feb 13, 2024	vanguard group inc	6.91%	578,432	SC 13G/A
Jan 26, 2024	blackrock inc.	6.8%	565,870	SC 13G/A
Jan 18, 2024	wells sue anne h.	3.6%	340,068	SC 13G/A
Jan 18, 2024	harrison deborah s	3.4%	323,079	SC 13G/A
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	harrison deborah s	8.59%	613,773	SC 13G
Mar 28, 2022	wells sue anne h.	8.59%	613,773	SC 13G

Recent SEC filings of Coca-Cola Consolidated Inc

View All Filings

Date Filed	Form Type	Document
Mar 25, 2024	DEFA14A	DEFA14A
Mar 25, 2024	DEF 14A	DEF 14A
Mar 25, 2024	ARS	ARS
Feb 22, 2024	8-K	Current Report
Feb 21, 2024	8-K	Current Report
Feb 21, 2024	10-K	Annual Report
Feb 20, 2024	4	Insider Trading
Feb 13, 2024	SC 13G/A	Major Ownership Report
Jan 26, 2024	SC 13G/A	Major Ownership Report
Jan 18, 2024	SC 13G/A	Major Ownership Report

Coca-Cola Consolidated Inc News

Latest updates

Coca-Cola Consolidated Inc Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Income Statement (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Revenue	-4.8%	1,631	1,712	1,739	1,572	1,573	1,629	1,595	1,404	1,402	1,457	1,433	1,270	1,279	1,328	1,227	1,173	1,179	1,271	1,274	1,103	1,137
Gross Profit	-3.0%	641	662	672	624	599	621	551	508	493	518	495	449	462	472	429	405	413	432	436	389	381
S&GA Expenses	4.0%	463	445	438	418	426	431	403	377	406	381	374	355	368	369	346	372	374	378	369	369	368
EBITDA Margin	-7.1%	0.11*	0.11*	0.12*	0.12*	0.12*	0.10*	0.10*	0.09*	0.08*	0.09*	0.09*	0.10*	0.09*	0.07*	0.06*	0.05*	0.05*	0.05*	0.05*	0.05*	0.04*
Interest Expenses	-143.0%	-3.68	-1.52	1.00	3.00	4.00	6.00	7.00	8.00	8.00	8.00	8.00	9.00	9.00	9.00	9.00	10.00	10.00	11.00	12.00	13.00	13.00
Income Taxes	27.0%	37.00	29.00	42.00	41.00	37.00	40.00	34.00	33.00	3.00	25.00	17.00	20.00	20.00	18.00	15.00	5.00	5.00	7.00	7.00	-3.00	-1.52
Earnings Before Taxes	-7.0%	113	121	165	159	155	159	134	127	22.00	94.00	65.00	73.00	89.00	73.00	58.00	21.00	-3.40	22.00	24.00	-8.58	-27.31
EBT Margin	-8.0%	0.08*	0.09*	0.10*	0.10*	0.09*	0.07*	0.06*	0.05*	0.05*	0.06*	0.06*	0.06*	0.05*	0.03*	0.02*	0.01*	0.01*	0.00*	0.01*	0.00*	0.00*
Net Income	-17.7%	76.00	92.00	122	118	118	119	100	93.00	19.00	69.00	48.00	53.00	66.00	52.00	40.00	15.00	-10.17	13.00	15.00	-6.83	-26.98
Net Income Margin	-10.2%	0.06*	0.07*	0.07*	0.07*	0.07*	0.05*	0.05*	0.04*	0.03*	0.04*	0.04*	0.04*	0.03*	0.02*	0.01*	0.01*	0.00*	0.00*	0.00*	0.00*	0.00*
Free Cashflow	-82.1%	36.00	202	158	132	46.00	112	72.00	27.00	46.00	129	146	45.00	27.00	110	157	-0.80	11.00	77.00	55.00	-23.72	118

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Assets	3.6%	4,289	4,141	3,995	3,800	3,710	3,597	3,582	3,426	3,446	3,420	3,282	3,285	3,222	3,313	3,185	3,196	3,127	3,119	3,132	3,076	3,010
Current Assets	1.7%	1,705	1,676	1,548	1,354	1,246	1,230	1,213	1,051	1,077	1,072	927	927	851	977	900	903	830	852	864	808	797
Cash Equivalents	3.1%	635	616	430	290	198	163	189	127	142	187	54.00	52.00	55.00	165	78.00	48.00	10.00	6.00	6.00	8.00	14.00
Inventory	0.5%	322	320	334	337	348	314	304	276	303	240	238	257	226	208	211	229	226	232	231	220	210
Net PPE	9.6%	1,321	1,205	1,176	1,170	1,184	1,083	1,082	1,072	1,031	1,009	1,020	1,021	1,023	979	985	985	997	957	962	970	991
Goodwill	0%	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166	166
Liabilities	9.0%	2,853	2,617	2,615	2,565	2,594	2,578	2,680	2,622	2,734	2,740	2,670	2,719	2,709	2,753	2,679	2,731	2,676	2,638	2,664	2,623	2,555
Current Liabilities	20.2%	1,091	908	892	813	905	877	977	894	835	768	744	684	647	684	634	608	622	613	602	559	602
Long Term Debt	0.0%	599	599	599	599	599	599	599	599	723	793	778	909	940	963	970	1,083	1,030	1,027	1,092	1,139	1,104
LT Debt, Current	-	-	-	-	-	-	-	125	125	-	-	-	-	-	-	-	-	-	-	-	-	-
LT Debt, Non Current	0.0%	599	599	599	599	599	599	599	599	723	793	778	909	940	963	970	1,083	1,030	1,027	1,092	1,139	1,104
Shareholder's Equity	-5.8%	1,436	1,524	1,380	1,234	1,115	1,019	902	804	712	680	613	565	513	560	506	464	451	481	468	453	455
Retained Earnings	-5.8%	1,352	1,436	1,348	1,231	1,112	1,029	913	816	724	708	641	595	544	480	431	393	381	394	383	370	359
Additional Paid-In Capital	0%	136	136	136	136	136	136	136	136	136	136	136	136	136	129	129	129	129	129	129	129	124
Shares Outstanding	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	7.00	7.00	7.00	7.00	7.00
Minority Interest	-	-	-	-	-	-	-	-	-	-	-	-	-	-	111	108	105	104	102	100	98.00	97.00
Float	-	-	-	3,744	-	-	-	3,385	-	-	-	1,833	-	-	-	1,031	-	-	-	1,394	-	-

Cashflow (Last 12 Months)

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Cashflow (Quarterly)																					(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2019Q3	2019Q2	2019Q1	2018Q4
Cashflow From Operations	-36.4%	166	261	199	185	160	151	113	131	82.00	168	189	82.00	118	147	197	32.00	86.00	116	83.00	6.00	143
Share Based Compensation	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2.00	1.00
Cashflow From Investing	-116.2%	-134	-62.20	-46.12	-52.54	-114	-38.65	-39.09	-132	-42.35	-37.24	-42.71	-39.64	-90.33	-37.39	-40.38	-32.33	-71.59	-40.19	-28.12	-33.77	-37.90
Cashflow From Financing	2.8%	-12.60	-12.96	-12.14	-40.02	-11.08	-137	-11.84	-13.59	-84.10	1.00	-144	-45.23	-137	-22.74	-126	38.00	-10.57	-75.51	-57.67	23.00	-100
Dividend Payments	0.7%	5.00	5.00	5.00	33.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00	2.00

COKE Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Net sales	$ 6,653,858	$ 6,200,957	$ 5,562,714
Cost of sales	4,055,147	3,923,003	3,608,527
Gross profit	2,598,711	2,277,954	1,954,187
Selling, delivery and administrative expenses	1,764,260	1,636,907	1,515,016
Income from operations	834,451	641,047	439,171
Interest (income) expense, net	(918)	24,792	33,449
Mark-to-market on acquisition related contingent consideration	159,354	32,301	146,308
Pension plan settlement expense	112,796	0	0
Other expense, net	5,738	8,867	4,265
Income before taxes	557,481	575,087	255,149
Income tax expense	149,106	144,929	65,569
Net income	$ 408,375	$ 430,158	$ 189,580
Common Stock
Basic net income per share:
Common Stock (in dollars per share)	$ 43.56	$ 45.88	$ 20.23
Weighted average number of Common Stock shares outstanding (in shares)	8,369	8,117	7,141
Diluted net income per share:
Common Stock (in dollars per share)	$ 43.48	$ 45.74	$ 20.17
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares)	9,392	9,405	9,400
Class B Common Stock
Basic net income per share:
Common Stock (in dollars per share)	$ 43.56	$ 45.93	$ 20.23
Weighted average number of Common Stock shares outstanding (in shares)	1,005	1,257	2,232
Diluted net income per share:
Common Stock (in dollars per share)	$ 43.40	$ 45.76	$ 20.16
Weighted average number of Common Stock shares outstanding – assuming dilution (in shares)	1,023	1,288	2,259

COKE Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current Assets:
Cash and cash equivalents	$ 635,269	$ 197,648
Allowance for doubtful accounts	(16,060)	(16,119)
Accounts receivable, other	67,533	54,631
Inventories	321,932	347,545
Prepaid expenses and other current assets	88,585	94,263
Total current assets	1,705,128	1,245,801
Property, plant and equipment, net	1,320,563	1,183,730
Right-of-use assets - operating leases	122,708	140,588
Leased property under financing leases, net	4,785	6,431
Other assets	145,213	115,892
Goodwill	165,903	165,903
Total assets	4,288,942	3,709,545
Current Liabilities:
Current portion of obligations under operating leases	26,194	27,635
Current portion of obligations under financing leases	2,487	2,303
Other accrued liabilities	237,994	200,977
Accrued compensation	146,932	126,921
Dividends payable	154,666	32,808
Total current liabilities	1,091,334	905,156
Deferred income taxes	128,435	150,222
Pension and postretirement benefit obligations	60,614	60,323
Other liabilities	866,499	753,357
Noncurrent portion of obligations under operating leases	102,271	118,763
Noncurrent portion of obligations under financing leases	5,032	7,519
Long-term debt	599,159	598,817
Total liabilities	2,853,344	2,594,157
Commitments and Contingencies
Equity:
Additional paid in capital	135,953	135,953
Retained earnings	1,352,111	1,112,462
Accumulated other comprehensive loss	(4,276)	(84,837)
Total equity	1,435,598	1,115,388
Total liabilities and equity	4,288,942	3,709,545
Nonrelated Party
Current Assets:
Accounts receivable	555,933	532,047
Current Liabilities:
Accounts payable, trade	383,562	351,729
Related Party
Current Assets:
Accounts receivable	51,936	35,786
Current Liabilities:
Accounts payable, trade	139,499	162,783
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	11,431
Treasury stock, at cost	$ (60,845)	$ (60,845)
Common stock, shares issued (in shares)	11,431,367	11,431,367
Class B Common Stock
Equity:
Common Stock	$ 1,633	$ 1,633
Treasury stock, at cost	$ (409)	$ (409)
Common stock, shares issued (in shares)	1,632,810	1,632,810
Class C Common Stock
Equity:
Common Stock	$ 0	$ 0
Common stock, shares issued (in shares)	0	0
Distribution agreements, net
Current Assets:
Intangible assets, net	$ 817,143	$ 842,035
Customer lists, net
Current Assets:
Intangible assets, net	$ 7,499	$ 9,165

About Coca-Cola Consolidated Inc

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 sparling 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.

CEO	Mr. J. Frank Harrison III
WEBSITE	cokeconsolidated.com
INDUSTRY	Beverages Non-Alcoholic
EMPLOYEES	15000

Coca-Cola Consolidated Inc Frequently Asked Questions

What is the ticker symbol for Coca-Cola Consolidated Inc? What does COKE stand for in stocks?

COKE is the stock ticker symbol of Coca-Cola Consolidated Inc. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Coca-Cola Consolidated Inc (COKE)?

As of Fri Apr 19 2024, market cap of Coca-Cola Consolidated Inc is 6.01 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of COKE stock?

You can check COKE's fair value in chart for subscribers.

What is the fair value of COKE stock?

You can check COKE's fair value in chart for subscribers. The fair value of Coca-Cola Consolidated Inc is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Coca-Cola Consolidated Inc is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for COKE so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Coca-Cola Consolidated Inc a good stock to buy?

The fair value guage provides a quick view whether COKE is over valued or under valued. Whether Coca-Cola Consolidated Inc is cheap or expensive depends on the assumptions which impact Coca-Cola Consolidated Inc's fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for COKE.

What is Coca-Cola Consolidated Inc's Price to Earnings (PE) and Price to sales (PS) ratio?

As of Fri Apr 19 2024, COKE's PE ratio (Price to Earnings) is 14.72 and Price to Sales (PS) ratio is 0.9. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. COKE PE ratio will change depending on the future growth rate expectations of investors.

What is 5 year return on Coca-Cola Consolidated Inc's stock?

In the past 10 years, Coca-Cola Consolidated Inc has provided 0.266 (multiply by 100 for percentage) rate of return.