The closing price of Coca-Cola Europacific Partners PLC (NASDAQ: CCEP) was $63.88 for the day, down -0.73% from the previous closing price of $64.35. In other words, the price has decreased by -$0.47 from its previous closing price. On the day, 803670 shares were traded. CCEP stock price reached its highest trading level at $64.23 during the session, while it also had its lowest trading level at $63.35.
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Our analysis of CCEP’s different ratios will help us gain a deeper understanding of the company. For the most recent quarter (mrq), Quick Ratio is recorded 0.70 and its Current Ratio is at 0.90. In the meantime, Its Debt-to-Equity ratio is 1.60 whereas as Long-Term Debt/Eq ratio is at 1.42.
Upgrades & Downgrades
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, CCEP now has a Market Capitalization of 29.57B and an Enterprise Value of 40.99B. As of this moment, Coca-Cola’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.01, and their Forward P/E ratio for the next fiscal year is 15.03. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.05. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.57 while its Price-to-Book (P/B) ratio in mrq is 3.64. Its current Enterprise Value per Revenue stands at 2.37 whereas that against EBITDA is 14.11.
Stock Price History:
Over the past 52 weeks, CCEP has reached a high of $66.79, while it has fallen to a 52-week low of $41.80. The 50-Day Moving Average of the stock is 61.53, while the 200-Day Moving Average is calculated to be 54.15.
CCEP traded an average of 1.10M shares per day over the past three months and 1.1M shares per day over the past ten days. A total of 457.00M shares are outstanding, with a floating share count of 289.36M. Insiders hold about 0.35% of the company’s shares, while institutions hold 32.00% stake in the company. Shares short for CCEP as of Apr 27, 2023 were 5.03M with a Short Ratio of 5.03M, compared to 4.84M on Mar 30, 2023.
Dividends & Splits
With its trailing 12-month dividend rate of 1.68, CCEP has a forward annual dividend rate of 2.44. Against a Trailing Annual Dividend Yield of 2.61%, it implies a Forward Annual Dividend Yield of 2.96%. The stock’s 5-year Average Dividend Yield is 2.79. The current Payout Ratio is 50.60% for CCEP, which recently paid a dividend on May 24, 2023 with an ex-dividend date of May 10, 2023. Stock splits for the company last occurred on May 12, 1997 when the company split stock in a 3:1 ratio.
The firm’s stock currently is rated by 0 analysts. The consensus estimate for the next quarter is $0, with high estimates of $0 and low estimates of $0.
Analysts are recommending an EPS of between $3.95 and $3.79 for the fiscal current year, implying an average EPS of $3.89. EPS for the following year is $4.24, with 16 analysts recommending between $4.45 and $4.09.
A total of 14 analysts have provided revenue estimates for CCEP’s current fiscal year. The highest revenue estimate was $20.21B, while the lowest revenue estimate was $19.75B, resulting in an average revenue estimate of $19.97B. In the same quarter a year ago, actual revenue was $19.02B, up 5.00% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $20.77B in the next fiscal year. The high estimate is $21.25B and the low estimate is $20.45B. The average revenue growth estimate for next year is up 4.00% from the average revenue estimate for this year.