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COKE

The High Revenue Low Float Case Of Coca-Cola Consolidated NASDAQ:COKE recently seemed to have a double bottom form in Coca-Cola Consolidated Stock , Where a recovery seems possible after having a small pullback in share price. NASDAQ:COKE Recently a lot of debt was added onto the balance sheet due to the buyback programs initiated by the management like ("$1 billion share repurchase program for its common stock.") "(Aug 20, 2024)" The Valuation seems interesting at its 22.4x PE Ratio, and its Price to Sales 1.7x, and its 9.5x Price to book Ratio. It will for sure be interesting to see how the stock performs as time goes on! --------------------------------------------------------------------------------------------- Balance Sheet: Cash: US$1.90b Debt: US$1.79b Total Liabilities: US$4.46b Total Assets: US$5.66b Debt to Equity Ratio: 149.4% --------------------------------------------------------------------------------------------- Disclaimer: I am not a financial advisor and in no way am I signaling a sell, buy, or hold opinion on this stock (Coca-Cola Consolidated) I am just giving my personal opinion as a hobby trader, I have no certifications and I am not a financial analyst, I also may be wrong about how I feel about the stock. I want you to do plenty more research on this and the stocks you are interested in because the stock market always holds a lot of risk that may be different for each investor and trader. Please do not make opinions based on this or any idea. Please be careful! --------------------------------------------------------------------------------------------- Idea:
NASDAQ:COKELong
by BullishCanadianInvestor
Coca-Cola Stock ($COKE) up 18.9% as it Reports Q1 2024 ResultsCoca-Cola Consolidated ( NASDAQ:COKE ) reported its first quarter 2024 results, which showed a 5% increase in income from operations to $215 million. The operating margin for the first quarter of 2024 was 13.5%, up 40 basis points from the first quarter of 2023. The company intends to purchase up to $3.1 billion of its Common Stock through both a modified "Dutch auction" tender offer for up to $2.0 billion of its Common Stock and a separate share purchase agreement with The Coca-Cola Company. Net sales increased 1% to $1.6 billion in the first quarter of 2024, driven by an annual price increase that took effect during the quarter. Standard physical case volume was down 0.4%, while Sparkling category volume grew 2.0% with strong performance of multi-serve packages sold in larger retail stores. Still category volume declined 3.1% during the first quarter of 2024. Gross profit in the first quarter of 2024 was $640.6 million, an increase of $16.5 million, or 3%. Gross margin improved 50 basis points to 40.2%. Pricing actions taken during the first quarter, stable commodity prices, and higher Sparkling sales contributed to the overall improvement in gross margin. Dave Katz, President and Chief Operating Officer, expressed satisfaction with the balanced profit growth and overall margin performance in the first quarter. The comparable volume growth of almost 1% reflects the continued strength of Coca-Cola brands and the success of new product launches such as Coke Spiced and the addition of Bang to the Energy portfolio. Selling, delivery, and administrative (SD&A) expenses in the first quarter of 2024 increased $7.1 million, or 2%. SD&A expenses as a percentage of net sales increased 10 basis points to 26.7% in the first quarter of 2024. The increase in SD&A expenses as compared to the first quarter of 2023 was primarily driven by an increase in labor costs related to annual wage adjustments. Income from operations in the first quarter of 2024 was $215.4 million, compared to $206.1 million in the first quarter of 2023, an increase of 5%. Operating margin for the first quarter of 2024 was 13.5%, an increase of 40 basis points. Net income in the first quarter of 2024 was $165.7 million, an improvement of $47.6 million. On an adjusted basis, net income in the first quarter of 2024 was $162.5 million, compared to $151.8 million in the first quarter of 2023, an increase of $10.7 million. Cash flows provided by operations for the first quarter of 2024 were $194.3 million, compared to $184.7 million for the first quarter of 2023. The company plans to invest $77 million in capital expenditures as it continues to enhance its supply chain and invest for future growth. The company intends to fund the repurchase with a combination of new funded debt and cash on hand. J. Frank Harrison, III will not participate in the tender offer with respect to the Common Stock he beneficially owns.
NASDAQ:COKELong
by DEXWireNews
[COKE] 1000 target incoming !Coca-Cola ( NASDAQ:COKE ) has been a rewarding long-term investment, with our existing swing position yielding significant profits. Presently, the stock exhibits promising signs of further upside potential as it forms a bullish flag pattern, indicating a potential continuation of the upward trend. The emergence of the bull flag pattern suggests a brief consolidation phase following the previous uptrend, with traders and investors digesting recent gains before potentially resuming the upward momentum. This pattern often serves as a precursor to further bullish moves, highlighting the underlying strength and momentum in the stock. Anticipating a continuation of the uptrend, we've initiated a new position at the current price level, with a target set at $1000.0 and beyond. This anticipatory move positions us to capitalize on the potential breakout from the bull flag pattern, ready to react swiftly if the position requires adjustment. It's essential to remain vigilant and closely monitor the price action, particularly the behavior around the support and resistance levels. Any signs of weakness or failure to sustain the bullish momentum may warrant reevaluation of our position. In summary, Coca-Cola ( NASDAQ:COKE ) presents an enticing opportunity for further long-term gains, with the formation of a bull flag pattern signaling a potential continuation of the upward trend. By initiating an anticipatory position and maintaining a proactive approach, we aim to capitalize on the anticipated move towards our target price and beyond. Great Trade !
NASDAQ:COKELong
by ArnoSG
1
Coca-Cola's Winning FormulaA Tale of Pricing Power and Consumer Demand Coca-Cola (NYSE: NYSE:KO ) emerges as a clear victor, showcasing its prowess through stellar fourth-quarter results that surpassed Wall Street's expectations. The iconic beverage giant's ability to navigate through challenges and capitalize on opportunities underscores its resilience and strategic foresight. At the heart of Coca-Cola's (NYSE: NYSE:KO ) success lies its adept management of pricing strategies. Despite raising prices consistently over several quarters, the company continues to witness robust demand, particularly for its flagship Coca-Cola (NYSE: NYSE:KO ) brand. This phenomenon speaks volumes about the unwavering loyalty of consumers who prioritize their favorite beverages, even in the face of economic fluctuations. Contrastingly, Coca-Cola's rival PepsiCo faced a setback, experiencing a decline in sales for the first time in 14 quarters. The stark difference in performance between the two industry behemoths underscores Coca-Cola's superiority in pricing power and consumer appeal. A key driver of Coca-Cola's (NYSE: NYSE:KO ) impressive performance is its ability to strike a delicate balance between price increases and consumer satisfaction. By leveraging higher product prices alongside strong demand, the company not only boosts its revenue but also maintains consumer trust and loyalty. The fourth-quarter results paint a compelling picture of Coca-Cola's (NYSE: NYSE:KO ) resilience and adaptability. Despite concerns over potential saturation of price hikes, the company remains optimistic about its future growth trajectory. While forecasting a modest organic revenue growth for fiscal 2024, Coca-Cola's projections still outshine its competitors, notably PepsiCo. Analysts, too, express confidence in Coca-Cola's prospects, with Wedbush analyst Gerald Pascarelli highlighting the company's better-than-expected organic revenue forecast. This sentiment is echoed by investors, as evidenced by the uptick in Coca-Cola's stock price following the earnings announcement. Coca-Cola's (NYSE: NYSE:KO ) ability to capitalize on easing input costs further solidifies its position in the market. With an operating margin of 21%, up from 20.5% the previous year, the company demonstrates its efficiency and profitability. Looking ahead, Coca-Cola (NYSE: NYSE:KO ) remains committed to delivering shareholder value, with annual adjusted profit expected to grow between 4% and 5%. While this projection aligns with market estimates, it underscores the company's consistency and reliability in delivering steady returns. In conclusion, Coca-Cola's (NYSE: NYSE:KO ) fourth-quarter performance serves as a testament to its enduring strength and resilience in the face of challenges. Through effective pricing strategies, robust consumer demand, and strategic foresight, the company continues to outshine its competitors and chart a course towards sustained growth and success in the dynamic beverage industry.
NYSE:KOLong
by DEXWireNews
KO EARNINGS CHART - SUGAR DRINKS Potential to see a decent sized exit pump. I would play it like this. IF earnings brings us down to like 43, BUY. IF earnings brings us up to 57-63, SELL. There are only two really short term trends I could find, they both trend down. The rejection trend is quite strong, I expect this stock, if it tops out, to top out around 71. But it's hard to say at this exact moment. Tomorrow we will know more. Be aware, there isn't much more room to the upside, but KO is a slow moving stock, so it could be a long way out. Long term projection is still bullish. There is support at 52-50, and you could see a movement from that number. I'd expect the biggest movement to occur, should earnings take us really negative. I would start to favor the topside.
NYSE:KO
by nicktussing77
COKE Preliminary trading plan for earningsBasically, coke is setting up for a nice little trade setup around earnings. As we sit right now, the short term indicators are nearly flipped, and the longer term indicators are crossed down, which implies some bearish movement incoming. Nov 7th is the date to eye, but not only that, catching a falling knife in this case has you catching into some strong support. My ideal trade would be a bounce around 615-618, with confirmation on the top side of both trend support and horizontal support. Ideally, the bounce is seen and the entry occurs before 625.00. If this price movement lines up with earnings, as shown by the pink arrow. It would hit a lot of needed price targets, confirmations, and allow for a nice movement towards the topside. This is a rough trading plan and subject to change as trends start to redevelop and break. However, either way, it sets up a nice play for earnings. In other words, if we pump into earnings and we're nearing 650-680, I'd be looking for short plays. IF we are down around 621 a week before earnings or the day of or after the announcement, I'd be using that as an chance to jump in long with some pretty good odds.
NASDAQ:COKE
by nicktussing77
Will $KO bounce again?NYSE:KO again visited the trend line. Will it bounce again? Volume shows the sell momentum is slowing. Don't forget this is one of Buffet's favorite stocks. Disclaimer – WhaleGambit. Please be reminded – you alone are responsible for your trading – both gains and losses. There is a very high degree of risk involved in trading. The technical analysis , like all indicators, strategies, columns, articles and other features accessible on/though this site is for informational purposes only and should not be construed as investment advice by you. Your use of the technical analysis , as would also your use of all mentioned indicators, strategies, columns, articles and all other features, is entirely at your own risk and it is your sole responsibility to evaluate the accuracy, completeness and usefulness (including suitability) of the information. You should assess the risk of any trade with your financial adviser and make your own independent decision(s) regarding any tradable products which may be the subject matter of the technical analysis or any of the said indicators, strategies, columns, articles and all other features.
NYSE:KOLong
by WhaleGambit
COCA-COLA Rejected and pulling-backThe Coca-Cola Company (KO) got rejected on the Lower Highs trend-line cluster of April May and is pulling-back. A test of the 1D MA50 (blue trend-line) while forming a 1D Golden Cross with the 1D MA200 (orange trend-line) would be very healthy for the long-term growth of the stock, which is perfectly trading on a Fibonacci Channel Up. The 1W RSI also got rejected on its own late February Lower Highs trend-line, so a weekly candle close below the 1D MA50 can kick-start further selling towards Fibonacci 0.5, even 0.0 (bottom of the Channel). Until that happens though, the pull-back should be bought, targeting the 1.5 Fib and by Q3 2023 the 2.0 Fib. ------------------------------------------------------------------------------- ** Please LIKE 👍, SUBSCRIBE ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support me, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- You may also TELL ME 🙋‍♀️🙋‍♂️ in the comments section which symbol you want me to analyze next and on which time-frame. The one with the most posts will be published tomorrow! 👏🎁 ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
NYSE:KO
by TradingShot
Coke Zero?Coke will remain my soft drink of choice however, I will not be buying any of its stock any time soon. Recently KO was suggested as 'safe stock for seniors' however, I couldn't disagree more. Coke has spent the past 20 years climbing up towards its recent, new all-time high but the lasting RSI divergence is quite evident. There's a pretty good chance that this stock loses nearly 80% of its value over the next 7-10 years. Holders should look for the most suitable exit in order to avoid more losses than necessary. (Wave analysis has been redacted from this marking however, wave-by-wave analysis will be tracked via link in bio).
NYSE:KOShort
by DigitalSurfTrading
11
BitCoke Token, the bottom is here and may get 20% pumpBitCoke token COKE is a new comer in the field of platform token. As the native token of BitCoke, like other competing exchange tokens, it functions as an utility token, whose holders exclusively receive a set of benefits and privileges. Despite growing adoption cases and user numbers, COKE price has gone through a dramatic fall since the end of previous launchpad IEO. The close to 50% plunge may be attribute to a couple of reasons, like the weak broad crypto market, high inflation, interest hike from Fed, and so forth. Specifically, once the launchpad subscription ended, the locked COKE tokens become circulating, resulting in high selling pressure on the price. This week, the price has appered to bottom around $0.8 - 0.9 range as we multiple lower-wick bars, indicting possible strong demand from the buy side. Even though the price movement over the last 2 weeks looks volatile and disorganized, the overall strucutre looks like a parallel channel in 4 hour timeframe. From the technical standpoint, this is a bullish sigal and the price will eventually break out somewhere at the channel. Besides, one must keep in mind that BitCoke, like most exchanges, have launchpad platform for new token funding. As a rule of thumb, in order to subscribe the new token, its users are required to commit COKE to get allocation. This create buying pressure when the next IEO project comes. With that said, I expect COKE will manage to hold the $0.8-0.9 range even if the general market turns south. When the consolidation is over, the COKE price is very possible to soar to $1-1.2, to say the least. Long COKE is very safe play and you can set up stop losses below in case the situation doesn't go as planned. Be aware that this piece of analysis is NOT financial advice. Always do your own research in crypto investment.
CLong
by EricCaodd
COCA-COLA showing strength but needs to avoid this fractal.The Coca-Cola Company (KO) has been having an impressive non-stop rally ever since the March 10 low as last week it broke above its yearly High. With the 1D RSI approaching the overbought zone of 70.000, exhaustion for this rally may be close. In fact, it resembles the September - November 2020 sequence, as it just flashed a Red Ichimoku, which on the 2020 sequence was a bearish reversal signal. If the price fails to break the 1.236 Fibonacci extension, be ready for a pull-back that can reach as low as the 1D MA200 (orange trend-line). On the other hand, a closing above the 1.236 Fib, could deliver a rally extension similar to December 2021 - February 2022, that reached as high as the 2.0 Fib extension. On the current sequence, the 2.0 Fib is around $68.50. -------------------------------------------------------------------------------------------------------- ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** --------------------------------------------------------------------------------------------------------
NYSE:KO
by TradingShot
1