During the recent session, Coca-Cola Europacific Partners Plc (NASDAQ:CCEP)’s traded shares were 1.19 million, with the beta value of the company hitting 0.82. At the last check today, the stock’s price was $70.90, reflecting an intraday gain of 1.78% or $1.24. The 52-week high for the CCEP share is $72.67, that puts it down -2.5 from that peak though still a striking 20.62% gain since the share price plummeted to a 52-week low of $56.28. The company’s market capitalization is $32.53B, and the average trade volume was 1.52 million shares over the past three months.
Coca-Cola Europacific Partners Plc (NASDAQ:CCEP) trade information
Coca-Cola Europacific Partners Plc (CCEP) registered a 1.78% upside in the last session and has traded in the green over the past 5 sessions. The stock spiked 1.78% in intraday trading to $70.90, hitting a weekly high. The stock’s 5-day price performance is 6.46%, and it has moved by -0.78% in 30 days. Based on these gigs, the overall price performance for the year is 12.04%.
Coca-Cola Europacific Partners Plc (CCEP) estimates and forecasts
Statistics show that Coca-Cola Europacific Partners Plc has underperformed its competitors in share price, compared to the industry in which it operates. Coca-Cola Europacific Partners Plc (CCEP) shares have gone up 20.87% during the last six months, with a year-to-date growth rate less than the industry average at 4.24% against 20.80. In the rating firms’ projections, revenue will increase 13.00% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 22.14B as predicted by 13 analyst(s). Meanwhile, a consensus of 1 analyst(s) estimates revenue growth to 4.63B by the end of current fiscal year. As per earnings report from last fiscal year’s results, sales for the corresponding quarters totaled 19.59B and 4.53B respectively. In this case, analysts expect current quarter sales to grow by 13.00% and then jump by 2.20% in the coming quarter.
An analysis of the company’s performance over the past 5 years shows that the company’s earnings grew an estimated 12.15%. While earnings are projected to return 6.44% in 2024, the next five years will return 7.22% per annum.
CCEP Dividends
Coca-Cola Europacific Partners Plc is due to release its next quarterly earnings in May. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance. Investors should also take the other fundamental and operational aspects into account before investing in the stock. The forward dividend ratio for Coca-Cola Europacific Partners Plc is 2.00, with the dividend yield indicating at 2.83 percent, continuing the trend of increasing dividends in recent years.
