Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) currently has a daily average trading volume of 1.12M but it saw 1648578 shares traded on Thursday. With a market cap of 25.98B USD, stock’s current market price of $56.58 came rising about 1.36 while comparing to the previous closing price of $55.82. In past 52 weeks, the stock remained buoying in the range of price level as high as $57.63 and as low as $41.80. In the recent trading on the day, stock has struck highest price mark of $56.74 while lowest mark touched by it was $55.17.
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Taking a look at 20-day trading activity of Coca-Cola Europacific Partners PLC (CCEP) gives us an average price of $55.50, while its current price level is -1.83% below from 52-week high level whereas it is 35.36% above from lowest level seen by the stock during that period. Simple moving average of 50 days or SMA-50 of the stock’s closing price is $55.68 while that of 200 days or SMA-200 reads an average of $51.84. A closer look into the stock’s movement over the week reveals that its volatility is standing at 2.48% during that period while stretching the period over a month that decreases to 2.00%. It is also necessary to take a look into other indicators of a stock too, to get a better idea about its price movement. And in doing so, we find stock’s 14-day relative strength index (RSI) standing at 57.59 which implies that the stock is in neutral territory.
The company’s shares got several price updates from the analyst firms in past one month and most recent of them is from the UBS which upgraded the stock as “Buy” in its note to investors issued on August 03, 2022, recommending a price target of between $62 and $68 for it. ING Group issued its recommendations for the stock as it initiated the price target for the stock is $71.05.
Over the week, CCEP’s stock price is moving 4.56% up while it is 1.13% when we observe its performance for the past one month. Year-to-date it is 2.28% up and over the past year, the stock is showing an upside performance of 20.31%.
The company is expected to be releasing its next quarterly report in 04/25/2023, for which analysts forecasted an EPS of $0 while estimate for next year EPS is $3.61. For CCEP, analysts are forecasting an EPS-growth rate of 25.30% for current year and estimate for EPS growth in next year is 7.20%. Moreover, analysts are in estimates of $4.68 billion for current-quarter revenue.
Currently, Coca-Cola Europacific Partners PLC’s total number of outstanding shares is 457.06M with 0.31% of that held by the insiders while 32.30% of its common stock has been owned by the institutions. Company’s return on investment (ROI) stands at 8.50%. It has a price to earnings ratio (P/E ratio) of 16.27 while having a 13.63 of forward P/E ratio. Stock’s beta reads 0.79. Stock has a price to book (P/B) ratio of 3.28 while price to sale or P/S ratio amounts to 1.42.
A filing at the U.S. Securities and Exchange Commission revealed that Lazard International Strategic Eq came shrinking its share ownership by -3.68% in the Coca-Cola Europacific Partners PLC (CCEP) decreasing its stake to 0.60% with control over -0.1 million shares in the company.
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