Favorable News Coverage Somewhat Likely to Affect Coca-Cola Consolidated (NASDAQ:COKE) Share Price

News stories about Coca-Cola Consolidated (NASDAQ:COKE) have trended positive this week, InfoTrie Sentiment reports. InfoTrie rates the sentiment of news coverage by analyzing more than six thousand news and blog sources in real-time. The firm ranks coverage of publicly-traded companies on a scale of -5 to 5, with scores nearest to five being the most favorable. Coca-Cola Consolidated earned a coverage optimism score of 3.00 on their scale. InfoTrie also gave news coverage about the company an news buzz score of 5 out of 10, indicating that recent news coverage is somewhat likely to have an effect on the stock’s share price in the near future.

Shares of NASDAQ COKE traded up $7.36 during trading hours on Friday, reaching $302.09. The stock had a trading volume of 34,524 shares, compared to its average volume of 45,477. The stock has a market cap of $2.82 billion, a PE ratio of 59.82 and a beta of 0.76. The company has a quick ratio of 0.98, a current ratio of 1.33 and a debt-to-equity ratio of 2.48. Coca-Cola Consolidated has a fifty-two week low of $125.08 and a fifty-two week high of $302.71.

Coca-Cola Consolidated (NASDAQ:COKE) last announced its earnings results on Tuesday, February 26th. The company reported $1.82 earnings per share (EPS) for the quarter. The firm had revenue of $1.14 billion during the quarter. Coca-Cola Consolidated had a positive return on equity of 10.40% and a negative net margin of 0.43%.

The company also recently announced a quarterly dividend, which will be paid on Friday, May 10th. Investors of record on Friday, April 26th will be given a $0.25 dividend. The ex-dividend date of this dividend is Thursday, April 25th. This represents a $1.00 dividend on an annualized basis and a dividend yield of 0.33%.

Several research analysts have recently issued reports on COKE shares. TheStreet cut Coca-Cola Consolidated from a “b” rating to a “c+” rating in a research report on Wednesday, February 27th. ValuEngine cut Coca-Cola Consolidated from a “buy” rating to a “hold” rating in a research report on Wednesday, January 2nd. Finally, BidaskClub raised Coca-Cola Consolidated from a “buy” rating to a “strong-buy” rating in a research report on Thursday, March 7th.

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About Coca-Cola Consolidated

Coca-Cola Consolidated, Inc, together with its subsidiaries, produces, markets, and distributes nonalcoholic beverages, primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, including carbonated beverages; and still beverages, such as energy products, as well as noncarbonated beverages comprising bottled water, tea, ready to drink coffee, enhanced water, juices, and sports drinks.

See Also: Earnings Reports

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