Somewhat Favorable News Coverage Somewhat Unlikely to Impact Coca-Cola Bottling Co. Consolidated (COKE) Share Price

News coverage about Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) has trended somewhat positive recently, according to Accern Sentiment. The research firm identifies negative and positive media coverage by analyzing more than 20 million news and blog sources. Accern ranks coverage of companies on a scale of -1 to 1, with scores closest to one being the most favorable. Coca-Cola Bottling Co. Consolidated earned a daily sentiment score of 0.17 on Accern’s scale. Accern also gave news headlines about the company an impact score of 45.9757520317851 out of 100, meaning that recent media coverage is somewhat unlikely to have an impact on the stock’s share price in the immediate future.

These are some of the headlines that may have impacted Accern Sentiment’s scoring:

Shares of Coca-Cola Bottling Co. Consolidated (COKE) traded down 0.05% during midday trading on Friday, hitting $208.89. The stock had a trading volume of 74,767 shares. Coca-Cola Bottling Co. Consolidated has a 1-year low of $125.00 and a 1-year high of $249.54. The stock has a market cap of $1.95 billion, a price-to-earnings ratio of 42.67 and a beta of 0.06. The firm’s 50-day moving average price is $216.87 and its 200-day moving average price is $213.52.

Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE) last posted its quarterly earnings results on Tuesday, August 8th. The company reported $2.36 earnings per share for the quarter, missing the consensus estimate of $4.10 by ($1.74). The company had revenue of $1.17 billion during the quarter. Coca-Cola Bottling Co. Consolidated had a return on equity of 15.49% and a net margin of 1.23%. Analysts forecast that Coca-Cola Bottling Co. Consolidated will post $8.86 earnings per share for the current year.

Separately, BidaskClub cut Coca-Cola Bottling Co. Consolidated from a “buy” rating to a “hold” rating in a research note on Wednesday, July 5th.

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About Coca-Cola Bottling Co. Consolidated

Coca-Cola Bottling Co Consolidated produces, markets and distributes nonalcoholic beverages. The Company is an independent Coca-Cola bottler in the United States. The Company’s segments include Nonalcoholic Beverages and All Other. Majority of its total bottle/can volume to retail customers consist of products of The Coca-Cola Company.

Insider Buying and Selling by Quarter for Coca-Cola Bottling Co. Consolidated (NASDAQ:COKE)

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