Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) saw an upside of 0.47% to close Friday at $62.57 after adding $0.29 on the day. The 5-day average trading volume is 752,360 shares of the company’s common stock. It has gained $64.52 in the past week and touched a new high 1 time within the past 5 days. An average of 993,795 shares of the company has been traded in the last 20 days, and the 50-day average volume stands at 1,011,072.
CCEP’s 1-month performance is -3.81% or -$2.04 on its low of $61.85 reached on 08/18/23. The company’s shares have touched a 52-week low of $41.80 and high of $66.79, with the stock’s rally to the 52-week high happening on 05/16/23. YTD, CCEP has achieved 13.11% or $7.25 and has reached a new high 24 times. However, the current price is down -6.32% from the 52-week high price.
Valuation Metrics
CCEP stock has a beta of 0.79. Moving on to other valuation ratios, the trailing price-to-sales (P/S) ratio is 1.46 while the price-to-book (PB) in the most recent quarter is 3.40.
Coca-Cola Europacific Partners PLC’s quick ratio for the recent period was 0.70, with the current ratio over the same period at 0.90. In terms of profitability, the gross margin trailing 12 months is 36.30%. The trailing 12-month EBITDA margin is 17.77%. The firm’s gross profit as reported stood at $6.56 billion against revenue of $18.25 billion.
Earnings Surprise
CCEP stock balance sheet for the recent quarter shows that total liabilities totaled 24.03 billion, with total debt at $11.98 billion.
Let’s look briefly at Coca-Cola Europacific Partners PLC (CCEP) price momentum from a technical analysis perspective. The 9-day relative strength index as at close on 18 August was 36.07% to suggest the stock is trending Neutral, with historical volatility in this time period at 11.92%.
The stock’s 5-day moving average is $63.02, reflecting a -3.10% or -$2.00 change from its current price. CCEP is currently trading -3.60% above its 20-day SMA, +9.22% above its 100-day SMA. However, the stock’s current price level is away from the SMA50 by -0.19% and SMA200 by+32.99%.
Stochastic %K and %D was 7.14% and 10.93% and the average true range (ATR) pointed at 0.97. The RSI (14) points at 39.61%, while the 14-day stochastic is at 15.96% with the period’s ATR at 0.98. The stock’s 9-day MACD Oscillator is pointing at -0.98 and -1.17 on the 14-day charts.
Analyst Ratings
In the most recent analyst report for Coca-Cola Europacific Partners PLC (NASDAQ: CCEP), Societe Generale upgraded it to a Hold rating. They previously had a Sell rating on the stock. Analysts offering their rating for CCEP stock have a consensus rating for the stock as Overweight. Currently, 0 brokerage advisors rate CCEP as a “sell,”, while 6 advise that investors “Hold.” 0 analysts have rated the stock as underweight. 1 rates the stock as overweight while 13 have offered a “buy” rating.
What is CCEP’s price target for the next 12 months?
Analysts have a consensus price target ranging from a low of $53.97 and a high of $77.00, with their median price target at $66.88. Looking at these predictions, the average price target given by analysts is for Coca-Cola Europacific Partners PLC (CCEP) stock is $64.98.
