(VIANEWS) - Shares of Coca-Cola Consolidated (NASDAQ: COKE) rose 9.61% to $569.95 at 10:58 EST on Thursday, following the last session's upward trend. NASDAQ is rising 0.61% to $11,576.75, following the last session's upward trend. This seems, at the moment, a somewhat positive trend trading session today.
Coca-Cola Consolidated's last close was $520.00, 20.74% under its 52-week high of $656.11.
About Coca-Cola Consolidated
Coca-Cola Consolidated, Inc., together with its subsidiaries, manufactures, markets, and distributes nonalcoholic beverages primarily products of The Coca-Cola Company in the United States. The company offers sparkling beverages, such as carbonated beverages; and still beverages, including energy products, as well as noncarbonated beverages comprising bottled water, ready to drink coffee and tea, enhanced water, juices, and sports drinks. It also sells its products to other Coca-Cola bottlers; and post-mix products that are dispensed through equipment, which mixes the fountain syrup with carbonated or still water enabling fountain retailers to sell finished products to consumers in cups or glasses. In addition, the company distributes products for various other beverage brands that include Dr Pepper and Monster Energy. It sells and distributes its products directly to grocery stores, mass merchandise stores, club stores, convenience stores, and drug stores; and restaurants, schools, amusement parks, and recreational facilities, as well as through vending machine outlets. The company has a strategic alliance with EspriGas. The company was formerly known as Coca-Cola Bottling Co. Consolidated and changed its name to Coca-Cola Consolidated, Inc. in January 2019. Coca-Cola Consolidated, Inc. was incorporated in 1980 and is headquartered in Charlotte, North Carolina.
Earnings Per Share
As for profitability, Coca-Cola Consolidated has a trailing twelve months EPS of $18.3.
PE Ratio
Coca-Cola Consolidated has a trailing twelve months price to earnings ratio of 31.14. Meaning, the purchaser of the share is investing $31.14 for every dollar of annual earnings.
The company's return on equity, which measures the profitability of a business relative to shareholder's equity, for the twelve trailing months is 38.94%.Sales Growth
Coca-Cola Consolidated's sales growth is 11.3% for the current quarter and 11.7% for the next.
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