COKE
Coca-Cola Consolidated Inc. Consumer Staples - Beverages Investor Relations →
Coca-Cola Consolidated Inc. (COKE) closed at $187.90 as of 2026-07-31, trading 74.4% above its 200-week moving average of $107.72. The stock moved further from the line this week, up from 72.7% last week. The 14-week RSI sits at 47, indicating neutral momentum.
Trading volume is running at 0.8x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.75 ratio) is neutral — neither side is clearly dominating.
Over the past 2740 weeks of data, COKE has crossed below its 200-week moving average 36 times. On average, these episodes lasted 21 weeks. Historically, investors who bought COKE at the start of these episodes saw an average one-year return of +18.0%.
With a market cap of $12.5 billion, COKE is a large-cap stock. The company generates a free cash flow yield of 4.2%. Return on equity stands at 135.2%, indicating strong profitability. The stock trades at 3.9x book value.
The company has been aggressively buying back shares, reducing its share count by 29.0% over the past three years.
Over the past 33.6 years, a hypothetical investment of $100 in COKE would have grown to $17217, compared to $3098 for the S&P 500. That represents an annualized return of 16.6% vs 10.8% for the index — confirming COKE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 40.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($M)
Revenue Annual revenue ($M) — business growth proxy
Total Debt Balance sheet debt ($M)
ROIC Return on invested capital (%)
FCF Yield Free cash flow / market cap (%) — Yartseva signal
Gross Margin Pricing power & competitive moat (%)
Shares Outstanding Buybacks vs dilution (millions)
Growth of $100: COKE vs S&P 500
Monthly data normalized to $100 at start. Vertical dashed lines mark 200-week MA touches.
What Happens After COKE Crosses Below the Line?
Across 21 historical episodes, buying COKE when it crossed below its 200-week moving average produced an average return of +13.8% after 12 months (median +4.0%), compared to +4.3% for the S&P 500 over the same periods. 70% of those episodes were profitable after one year. After 24 months, the average return was +30.4% vs +12.8% for the index.
Each line shows $100 invested at the moment COKE crossed below its 200-week MA. Bold blue = stock average. Gray dashed = S&P 500 average over same periods.
Bean Score Experimental
The Bean Score measures how far a stock's free cash flow yield has deviated from its own quarterly baseline, normalized by the stock's historical behavior. Between earnings dates, FCF is constant — so the score is purely a function of stock price. The levels below show at what prices COKE would reach each dislocation threshold.
Dislocation Price Levels
Prices where COKE's Bean Score would hit each σ threshold. Valid until next earnings report (date TBD — last report: 2026-03-31).
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $156.18 | Unusually cheap — potential buy zone |
| Value | +1σ | $178.16 | Cheap vs. own history |
| Fair Value | +0σ | $207.35 | Historical mean behavior |
| Expensive | -1σ | $247.97 | Expensive vs. own history |
| Deep Expensive | -2σ | $308.40 | Unusually expensive — potential trim zone |
Quarterly FCF & Yield Trailing twelve-month free cash flow and yield at each quarter end
Signal Accuracy Collecting Data
The Bean Score system is accumulating weekly data to validate signal accuracy. After 13+ weeks of history, this section will display win rates and average returns for each σ threshold crossing — answering the question: "When this score says cheap or expensive, does the price subsequently move in the expected direction?"
Theoretical framework — not backtested or forward-tested. The Bean Score uses trailing twelve-month free cash flow yield as a dislocation identifier. It measures whether the market has pushed a stock's yield unusually far from its own baseline behavior. These levels are reference points for identifying potential swing trade opportunities, not buy/sell signals. FCF values update quarterly with earnings; between reports, all movement is price-driven.
Dislocation Scores Experimental
Each score measures deviation from COKE's own historical baseline — the same idea as the Bean Score, applied to different fundamentals. Positive means cheaper or more dislocated than this stock's norm. Scores marked σ are normalized by the stock's own variability; pp values are simple deltas from its recent baseline.
Theoretical framework — not backtested. These scores describe how unusual today's readings are for this specific company. They are starting points for research, not buy or sell signals. Annual-statement scores (buyback, accruals, FCF vs history) rest on only ~4 yearly data points and are deltas, not sigmas.
Historical Touches
COKE has crossed below its 200-week MA 36 times with an average 1-year return of +18.0% after recovery.
| Crossed Below | Recovered | Weeks | Max Depth | 1-Year Return | Return Since Touch |
|---|---|---|---|---|---|
| Jan 1974 | Jun 1975 | 73 | 64.2% | -18.9% | +88896.5% |
| May 1976 | Jun 1976 | 1 | 0.8% | +11.4% | +74737.9% |
| Jul 1976 | Dec 1976 | 19 | 9.7% | +34.9% | +76478.4% |
| Oct 1978 | Dec 1978 | 7 | 11.9% | -3.8% | +63224.4% |
| Sep 1979 | Jan 1980 | 16 | 18.5% | +8.6% | +56673.6% |
| Jan 1980 | Feb 1980 | 1 | 1.6% | +10.3% | +56673.6% |
| Feb 1980 | Jul 1980 | 21 | 18.6% | +12.1% | +56673.6% |
| Oct 1980 | Nov 1980 | 5 | 4.0% | +55.0% | +54781.2% |
| Dec 1980 | Dec 1980 | 1 | 1.2% | +60.7% | +53881.5% |
| Jan 1981 | Jan 1981 | 2 | 1.6% | +50.8% | +53881.5% |
| Feb 1981 | Feb 1981 | 2 | 0.6% | +50.0% | +53010.8% |
| Dec 1986 | Jan 1987 | 5 | 2.3% | -35.3% | +12186.8% |
| Feb 1987 | Feb 1987 | 1 | 1.7% | -22.0% | +12109.6% |
| Mar 1987 | Jun 1987 | 11 | 16.5% | -6.3% | +12681.9% |
| Jun 1987 | Mar 1991 | 193 | 43.9% | -1.0% | +11504.7% |
| Apr 1991 | Mar 1993 | 96 | 24.0% | -13.6% | +15154.4% |
| Mar 1993 | May 1993 | 7 | 6.6% | +70.1% | +16698.8% |
| Nov 1999 | Nov 1999 | 1 | 1.4% | -29.1% | +5444.5% |
| Dec 1999 | Feb 2000 | 12 | 8.1% | -22.6% | +5360.9% |
| Apr 2000 | Mar 2002 | 102 | 34.5% | -20.1% | +5279.2% |
| May 2002 | May 2002 | 1 | 3.6% | +18.6% | +5713.9% |
| Jun 2002 | Aug 2002 | 9 | 7.0% | +47.9% | +5611.8% |
| Apr 2005 | May 2005 | 1 | 2.3% | +3.1% | +4988.2% |
| May 2005 | Jul 2005 | 6 | 2.4% | +2.0% | +4851.6% |
| Aug 2005 | Jun 2006 | 46 | 14.3% | +20.2% | +4851.7% |
| Jun 2007 | Jul 2007 | 2 | 1.9% | -15.9% | +4445.7% |
| Jul 2007 | Aug 2007 | 3 | 1.8% | -32.4% | +4455.5% |
| May 2008 | Mar 2009 | 42 | 36.6% | -3.4% | +4316.9% |
| May 2009 | Jun 2009 | 4 | 5.5% | +18.7% | +4658.3% |
| Aug 2009 | Nov 2009 | 13 | 11.3% | +4.2% | +4353.8% |
| Jan 2010 | Feb 2010 | 3 | 2.5% | +11.7% | +4351.8% |
| May 2010 | Jul 2010 | 8 | 8.9% | +41.1% | +4294.5% |
| Aug 2010 | Aug 2010 | 2 | 2.0% | +25.4% | +4313.8% |
| May 2018 | Aug 2018 | 14 | 20.5% | +197.2% | +1424.7% |
| Oct 2018 | Oct 2018 | 4 | 2.5% | +87.8% | +1112.0% |
| Feb 2020 | Apr 2020 | 6 | 8.3% | +31.2% | +907.9% |
| Average | 21 | — | +18.0% | — |
Frequently Asked Questions
Is COKE below its 200-week moving average?
No. Coca-Cola Consolidated Inc. (COKE) is currently 74.4% above its 200-week moving average of $107.72. It would need to fall to $107.72 to cross below the line.
What is COKE's 200-week moving average price?
Coca-Cola Consolidated Inc.'s 200-week moving average is $107.72 as of 2026-07-31. This is the average weekly closing price over roughly the last 4 years, and it acts as a long-term trend line. When a stock drops below this level, it can signal that the price has fallen far enough from the long-term trend to attract value-oriented investors.
What happens when COKE drops below its 200-week moving average?
COKE has crossed below its 200-week moving average 36 times in our data. On average, buying at that moment produced a one-year return of +18.0%. These dips have historically been decent entry points. These episodes lasted 21 weeks on average.
Is COKE a good value right now?
Here's what our data says about COKE as of 2026-07-31: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 47. Free cash flow yield is 4.2%. Return on equity is 135.2%. Price-to-book is 3.9x. This is not a buy or sell recommendation — always do your own research.
How does COKE compare to the S&P 500?
Over the past 33.6 years, $100 invested in COKE would have grown to $17217, compared to $3098 for the S&P 500. That's 16.6% annualized vs 10.8% for the index. COKE has outperformed the broader market over this period.
Does COKE pay a dividend?
Yes. Coca-Cola Consolidated Inc. currently pays a dividend yield of 53.00%.
Not financial advice. This is an educational tool. Past performance does not guarantee future results. Do your own research before making investment decisions.
Data as of week of 2026-07-31