Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) is 21.82% higher on its value in year-to-date trading and has touched a low of $56.28 and a high of $81.25 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The CCEP stock was last observed hovering at around $80.50 in the last trading session, with the day’s gains setting it 0.8%.
Currently trading at $81.30, the stock is 5.56% and 8.39% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.58 million and changing 0.99% at the moment leaves the stock 15.65% off its SMA200. CCEP registered 30.46% gain for a year compared to 6-month gain of 17.00%.
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The stock witnessed a 11.08% loss in the last 1 month and extending the period to 3 months gives it a 10.06%, and is 1.64% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.43% over the week and 1.49% over the month.
Coca-Cola Europacific Partners Plc (CCEP) has around 32315 employees, a market worth around $37.43B and $20.71B in sales. Current P/E ratio is 21.44 and Fwd P/E is 17.12. Profit margin for the company is 8.42%. Distance from 52-week low is 44.46% and 0.06% from its 52-week high. The company has generated returns on investments over the last 12 months (8.72%).
The EPS is expected to grow by 7.29% this year
848.0 institutions hold shares in Coca-Cola Europacific Partners Plc (CCEP), with institutional investors hold 78.97% of the company’s shares. The shares outstanding are 459.20M, and float is at 205.26M with Short Float at 1.72%. Institutions hold 35.17% of the Float.
The top institutional shareholder in the company is BLACKROCK INC. with over 15.62 million shares valued at $1.14 billion. The investor’s holdings represent 3.3983 of the CCEP Shares outstanding. As of 2024-06-30, the second largest holder is BOSTON PARTNERS with 8.18 million shares valued at $596.45 million to account for 1.7796 of the shares outstanding. The other top investors are INVESCO LTD. which holds 7.86 million shares representing 1.71 and valued at over $572.92 million, while FMR LLC holds 1.5924 of the shares totaling 7.32 million with a market value of $533.53 million.
