Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) is -0.65% lower on its value in year-to-date trading and has touched a low of $65.77 and a high of $82.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The CCEP stock was last observed hovering at around $77.06 in the last trading session, with the day’s loss setting it -0.75%.
Currently trading at $76.31, the stock is 0.36% and -0.74% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.28 million and changing -0.97% at the moment leaves the stock 1.06% off its SMA200. CCEP registered 13.71% gain for a year compared to 6-month gain of 4.81%. The firm has a 50-day simple moving average (SMA 50) of $76.8954 and a 200-day simple moving average (SMA200) of $75.47725.
The stock witnessed a 2.14% loss in the last 1 month and extending the period to 3 months gives it a -1.09%, and is 0.82% 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 1.71% over the week and 1.64% over the month.
Coca-Cola Europacific Partners Plc (CCEP) has around 32315 employees, a market worth around $35.13B and $20.71B in sales. Current P/E ratio is 20.12 and Fwd P/E is 17.15. Profit margin for the company is 8.42%. Distance from 52-week low is 16.03% and -7.30% from its 52-week high. The company has generated returns on investments over the last 12 months (8.72%).
with sales reaching $5.15B over the same period.The EPS is expected to grow by 4.97% this year, but quarterly earnings will post 12.35% year-over-year. Quarterly sales are estimated to grow 13.94% in year-over-year returns.
887.0 institutions hold shares in Coca-Cola Europacific Partners Plc (CCEP), with institutional investors hold 76.64% of the company’s shares. The shares outstanding are 474.92M, and float is at 206.10M with Short Float at 1.76%. Institutions hold 34.20% 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.
Coca-Cola Europacific Partners Plc (CCEP) Insider Activity
Still, SEC filings show that on Sep 20 ’24, STEPHEN MOORHOUSE (Officer) Proposed Sale 8,000 shares at an average price of $80.78 for $0.65 million. The insider now directly holds shares of Coca-Cola Europacific Partners Plc (CCEP).
