Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) closed the day trading at $71.38 down -0.57% from the previous closing price of $71.79. In other words, the price has decreased by -$0.41 from its previous closing price. On the day, 972760 shares were traded.
Ratios:
For a better understanding of CCEP, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 14.92 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 15.06. For the most recent quarter (mrq), Quick Ratio is recorded 0.72 and its Current Ratio is at 0.91. In the meantime, Its Debt-to-Equity ratio is 1.43 whereas as Long-Term Debt/Eq ratio is at 1.27.
Societe Generale Upgraded its Sell to Hold on April 26, 2023, while the target price for the stock was maintained at $61.15.
Valuation Measures:
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 32.66B and an Enterprise Value of 42.95B. As of this moment, Coca-Cola’s Price-to-Earnings (P/E) ratio for their current fiscal year is 18.16, and their Forward P/E ratio for the next fiscal year is 15.56. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.43. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 3.72. Its current Enterprise Value per Revenue stands at 2.35 whereas that against EBITDA is 13.60.
Stock Price History:
Over the past 52 weeks, CCEP has reached a high of $72.67, while it has fallen to a 52-week low of $56.01. The 50-Day Moving Average of the stock is 68.81, while the 200-Day Moving Average is calculated to be 64.27.
Shares Statistics:
Over the past 3-months, CCEP traded about 1.59M shares per day on average, while over the past 10 days, CCEP traded about 1.46M shares per day. A total of 459.20M shares are outstanding, with a floating share count of 204.18M. Insiders hold about 55.50% of the company’s shares, while institutions hold 33.97% stake in the company. Shares short for CCEP as of Feb 29, 2024 were 4.67M with a Short Ratio of 3.13, compared to 5.43M on Jan 31, 2024.
Dividends & Splits
CCEP’s forward annual dividend rate is 2.00, up from 1.84 a year ago. Against a Trailing Annual Dividend Yield of 2.56%, it implies a Forward Annual Dividend Yield of 2.79%. The stock’s 5-year Average Dividend Yield is 2.85. The current Payout Ratio is 50.11% for CCEP, which recently paid a dividend on Dec 05, 2023 with an ex-dividend date of Nov 16, 2023. Stock splits for the company last occurred on May 13, 1997 when the company split stock in a 3:1 ratio.
Earnings Estimates
Current recommendations for the stock of the company come from 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 $4.43 and $4.18 for the fiscal current year, implying an average EPS of $4.3. EPS for the following year is $4.61, with 12 analysts recommending between $4.84 and $4.41.
Revenue Estimates
11 analysts predict $22.44B in revenue for the current quarter. It ranges from a high estimate of $22.91B to a low estimate of $20.74B. As of the current estimate, Coca-Cola Europacific Partners Plc’s year-ago sales were $19.88B, an estimated increase of 12.90% from the year-ago figure. For the next quarter, 1 analysts are estimating revenue of $9.98B, an increase of 120.20% over than the figure of $12.90% in the same quarter last year. There is a high estimate of $9.98B for the next quarter, whereas the lowest estimate is $9.98B.
A total of 11 analysts have provided revenue estimates for CCEP’s current fiscal year. The highest revenue estimate was $22.91B, while the lowest revenue estimate was $20.74B, resulting in an average revenue estimate of $22.44B. In the same quarter a year ago, actual revenue was $19.88B, up 12.90% from the average estimate. Based on 11 analysts’ estimates, the company’s revenue will be $23.46B in the next fiscal year. The high estimate is $24.04B and the low estimate is $21.67B. The average revenue growth estimate for next year is up 4.60% from the average revenue estimate for this year.
