COKE
Coca-Cola Consolidated Inc. Consumer Staples - Beverages Investor Relations →
Coca-Cola Consolidated Inc. (COKE) closed at $181.54 as of 2026-06-19, trading 75.3% above its 200-week moving average of $103.55. The stock is currently moving closer to the line, down from 82.6% last week. The 14-week RSI sits at 38, indicating neutral momentum.
Trading volume is running at 1.1x of its 14-week average, which is in the normal range. The balance between buying and selling volume (0.73 ratio) is neutral — neither side is clearly dominating.
Over the past 2734 weeks of data, COKE has crossed below its 200-week moving average 36 times. On average, these episodes lasted 20 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 $12.1 billion, COKE is a large-cap stock. The company generates a free cash flow yield of 4.4%. Return on equity stands at 135.2%, indicating strong profitability. The stock trades at 3.8x 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 33.5 years, a hypothetical investment of $100 in COKE would have grown to $16611, compared to $3097 for the S&P 500. That represents an annualized return of 16.5% vs 10.8% for the index — confirming COKE as a market-beating investment and the kind of quality company where buying during 200-week moving average touches has historically been rewarded.
Free cash flow has been growing at a 40.1% compound annual rate, with 4 consecutive years of positive cash generation.
Business Health
Annual financials — how the underlying business has performed over the past several years.
Cash Flow Free cash flow & net income ($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 +13.7% 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: 2026-07-29.
| Level | σ | Price | Signal |
|---|---|---|---|
| Deep Value | +2σ | $156.58 | Unusually cheap — potential buy zone |
| Value | +1σ | $179.85 | Cheap vs. own history |
| Fair Value | +0σ | $211.24 | Historical mean behavior |
| Expensive | -1σ | $255.90 | Expensive vs. own history |
| Deep Expensive | -2σ | $324.52 | 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% | +85763.6% |
| May 1976 | Jun 1976 | 1 | 0.8% | +11.4% | +72103.5% |
| Jul 1976 | Dec 1976 | 19 | 9.7% | +34.9% | +73782.7% |
| Oct 1978 | Dec 1978 | 7 | 11.9% | -3.8% | +60995.3% |
| Sep 1979 | Jan 1980 | 16 | 18.5% | +8.6% | +54675.1% |
| Jan 1980 | Feb 1980 | 1 | 1.6% | +10.3% | +54675.1% |
| Feb 1980 | Jul 1980 | 21 | 18.6% | +12.1% | +54675.1% |
| Oct 1980 | Nov 1980 | 5 | 4.0% | +55.0% | +52849.2% |
| Dec 1980 | Dec 1980 | 1 | 1.2% | +60.7% | +51981.2% |
| Jan 1981 | Jan 1981 | 2 | 1.6% | +50.8% | +51981.2% |
| Feb 1981 | Feb 1981 | 2 | 0.6% | +50.0% | +51141.2% |
| Dec 1986 | Jan 1987 | 5 | 2.3% | -35.3% | +11754.3% |
| Feb 1987 | Feb 1987 | 1 | 2.3% | -22.2% | +11754.3% |
| Mar 1987 | Jun 1987 | 11 | 16.5% | -6.3% | +12232.0% |
| Jun 1987 | Mar 1991 | 192 | 43.9% | -1.0% | +11096.2% |
| Apr 1991 | Mar 1993 | 96 | 24.0% | -13.6% | +14617.4% |
| Mar 1993 | May 1993 | 7 | 6.5% | +70.1% | +16107.5% |
| Nov 1999 | Nov 1999 | 1 | 1.8% | -29.2% | +5276.1% |
| Dec 1999 | Feb 2000 | 12 | 8.0% | -22.6% | +5168.6% |
| Apr 2000 | Mar 2002 | 102 | 34.4% | -20.1% | +5089.9% |
| May 2002 | May 2002 | 1 | 3.6% | +18.6% | +5509.2% |
| Jun 2002 | Aug 2002 | 9 | 7.0% | +47.9% | +5410.7% |
| Apr 2005 | May 2005 | 1 | 2.3% | +3.1% | +4809.1% |
| May 2005 | Jul 2005 | 6 | 2.3% | +2.0% | +4677.3% |
| Aug 2005 | Jun 2006 | 46 | 14.2% | +20.2% | +4700.9% |
| Jun 2007 | Jul 2007 | 2 | 1.9% | -15.9% | +4285.6% |
| Jul 2007 | Aug 2007 | 3 | 1.8% | -32.4% | +4295.1% |
| May 2008 | Mar 2009 | 42 | 36.6% | -3.4% | +4161.4% |
| May 2009 | Jun 2009 | 4 | 5.9% | +18.7% | +4514.4% |
| Aug 2009 | Nov 2009 | 13 | 11.7% | +4.2% | +4197.0% |
| Jan 2010 | Feb 2010 | 3 | 3.0% | +11.7% | +4195.1% |
| May 2010 | Jul 2010 | 8 | 8.9% | +41.1% | +4139.8% |
| Aug 2010 | Aug 2010 | 2 | 2.0% | +25.4% | +4158.4% |
| May 2018 | Aug 2018 | 14 | 20.5% | +197.2% | +1371.0% |
| Oct 2018 | Oct 2018 | 4 | 2.5% | +87.8% | +1069.3% |
| Feb 2020 | Apr 2020 | 6 | 8.3% | +31.2% | +872.4% |
| Average | 20 | — | +18.0% | — |
Frequently Asked Questions
Is COKE below its 200-week moving average?
No. Coca-Cola Consolidated Inc. (COKE) is currently 75.3% above its 200-week moving average of $103.55. It would need to fall to $103.55 to cross below the line.
What is COKE's 200-week moving average price?
Coca-Cola Consolidated Inc.'s 200-week moving average is $103.55 as of 2026-06-19. 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 20 weeks on average.
Is COKE a good value right now?
Here's what our data says about COKE as of 2026-06-19: The stock is above its 200-week moving average, so it doesn't currently meet our primary signal. The 14-week RSI is 38. Free cash flow yield is 4.4%. Return on equity is 135.2%. Price-to-book is 3.8x. 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 33.5 years, $100 invested in COKE would have grown to $16611, compared to $3097 for the S&P 500. That's 16.5% annualized vs 10.8% for the index. COKE has outperformed the broader market over this period.
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 2026-06-19