Coca-Cola Europacific Partners (CCEP) Stock Price, News & Analysis

Company Overview

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks. The company provides its products under the Coca-Cola, Diet Coke, Coca-Cola Zero Sugar, Fanta, Sprite, Monster Energy, Coca-Cola Energy, Relentless, nalu, URGE, BURN, Kuli, REIGN, POWERADE, Appletiser, Schweppes, FINLEY, mezzo mix, Royal Bliss, Lift, Vio SCHORLE, Coca-Cola Signature Mixers, NORDIC MIST, smartwater, Chaudfontaine, AQUARIUS, VILAS del Turbon, BONAQUA, Apollinaris, Krystal, Honest, Costa Coffee, Fuzetea, CHAQWA, NESTEA, Capri-Sun, Oasis, Minute Maid, MER, and Tropico brands. In addition, it engages in the bottling and other operations. The company was formerly known as Coca-Cola European Partners plc and changed its name to Coca-Cola Europacific Partners PLC in May 2021. The company was founded in 1904 and is based in Uxbridge, the United Kingdom.

Key Stats

• Today's Range: $76.83 to $78.00
• 50-Day Range: $76.42 to $81.88
• 52-Week Range: $57.48 to $82.32
• Volume: 1.31 million shs
• Average Volume: 1.41 million shs
• Market Capitalization: $35.39 billion
• P/E Ratio: 16.52
• Dividend Yield: 2.04%
• Price Target: $80.88
• Consensus Rating: Buy

Coca-Cola Europacific Partners Stock Analysis - MarketRank™

Coca-Cola Europacific Partners scored higher than 64% of companies evaluated by MarketBeat, and ranked 69th out of 137 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.5 / 5
• Analyst Rating: Buy

Consensus Rating

Coca-Cola Europacific Partners has received a consensus rating of Buy. The company's average rating score is 3.00, and is based on 7 buy ratings, 1 hold rating, and no sell ratings.

Amount of Analyst Coverage

Coca-Cola Europacific Partners has only been the subject of 4 research reports in the past 90 days.

Earnings and Valuation

• Score: 2.5 / 5
• Proj. Earnings Growth: 9.15%

Earnings Growth

Earnings for Coca-Cola Europacific Partners are expected to grow by 9.15% in the coming year, from $4.26 to $4.65 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Coca-Cola Europacific Partners is 16.52, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 130.00.

Price to Earnings Ratio vs. Sector

The P/E ratio of Coca-Cola Europacific Partners is 16.52, which means that it is trading at a less expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.21.

Price to Earnings Growth Ratio

Coca-Cola Europacific Partners has a PEG Ratio of 3.54. PEG Ratios above 1 indicate that a company could be overvalued.

Price to Book Value per Share Ratio

Coca-Cola Europacific Partners has a P/B Ratio of 4.10. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 5.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

1.21% of the float of Coca-Cola Europacific Partners has been sold short.

Short Interest Ratio / Days to Cover

Coca-Cola Europacific Partners has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coca-Cola Europacific Partners has recently decreased by 15.25%, indicating that investor sentiment is improving significantly.

Dividend

• Score: 2.5 / 5
• Dividend Strength: Moderate

Dividend Yield

Coca-Cola Europacific Partners pays a meaningful dividend of 2.06%, higher than the bottom 25% of all stocks that pay dividends.

Dividend Growth

Coca-Cola Europacific Partners does not have a long track record of dividend growth.

Dividend Coverage

The dividend payout ratio of Coca-Cola Europacific Partners is 33.69%. This payout ratio is at a healthy, sustainable level, below 75%.

Dividend Sustainability

Based on earnings estimates, Coca-Cola Europacific Partners will have a dividend payout ratio of 33.98% next year. This indicates that Coca-Cola Europacific Partners will be able to sustain or increase its dividend.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

1.21% of the float of Coca-Cola Europacific Partners has been sold short.

Short Interest Ratio / Days to Cover

Coca-Cola Europacific Partners has a short interest ratio ("days to cover") of 1.7, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Coca-Cola Europacific Partners has recently decreased by 15.25%, indicating that investor sentiment is improving significantly.

News and Social Media

• Score: 3.3 / 5
• News Sentiment: 0.89

News Sentiment

Coca-Cola Europacific Partners has a news sentiment score of 0.89. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 4 news articles for Coca-Cola Europacific Partners this week, compared to 4 articles on an average week.

Search Interest

5 people have searched for CCEP on MarketBeat in the last 30 days. This is an increase of 67% compared to the previous 30 days.

MarketBeat Follows

6 people have added Coca-Cola Europacific Partners to their MarketBeat watchlist in the last 30 days.

Company Ownership

• Score: 0.0 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Coca-Cola Europacific Partners insiders have not sold or bought any company stock.

Percentage Held by Insiders

Only 3.00% of the stock of Coca-Cola Europacific Partners is held by insiders.

Percentage Held by Institutions

Only 31.35% of the stock of Coca-Cola Europacific Partners is held by institutions.

CCEP Stock Analysis - Frequently Asked Questions

How have CCEP shares performed this year?

Coca-Cola Europacific Partners' stock was trading at $66.74 at the beginning of 2024. Since then, CCEP stock has increased by 16.1% and is now trading at $77.48.
View the best growth stocks for 2024 here.

How were Coca-Cola Europacific Partners' earnings last quarter?

Coca-Cola Europacific Partners PLC (NASDAQ:CCEP) posted its quarterly earnings results on Friday, February, 23rd. The company reported $1.85 EPS for the quarter, meeting the consensus estimate of $1.85.

Does Coca-Cola Europacific Partners have any subsidiaries?

Coca-Cola Europacific Partners subsidiaries include Agua De La Vega Del Codorno S.L.U., Aguas Del Maestrazgo S.L.U., Aguas Del Toscal S.A.U., Aguas De Santolin S.L.U., Aguas Vilas Del Turbon S.L.U., Amalgamated Beverages Great Britain Limited, BBH Investment Ireland Limited, and more.

Who are Coca-Cola Europacific Partners' major shareholders?

Top institutional investors of Coca-Cola Europacific Partners include Marathon Asset Management Ltd (0.29%), Schwartz Investment Counsel Inc. (0.12%), Vontobel Holding Ltd. (0.06%) and Raymond James & Associates (0.04%).
View institutional ownership trends.

How do I buy shares of Coca-Cola Europacific Partners?

Shares of CCEP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Coca-Cola Europacific Partners own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Coca-Cola Europacific Partners investors own include Chevron (CVX), Bristol-Myers Squibb (BMY), Comcast (CMCSA), Charles Schwab (SCHW), McKesson (MCK), Yum! Brands (YUM) and Edwards Lifesciences (EW).

Company Calendar

• Last Earnings: 2/23/2024
• Today: 10/23/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Consumer Staples
• Industry: Bottled & canned soft drinks
• Sub-Industry: Candy & Soda
• Current Symbol: NASDAQ:CCEP
• Previous Symbol: NYSE:CCEP
• CUSIP: N/A
• CIK: 1650107
• Web: www.ccep.com
• Phone: 441895231313
• Fax: 302-655-5049
• Employees: 32,000
• Year Founded: 2016

Price Target and Rating

• Average Stock Price Target: $80.88
• High Stock Price Target: $90.00
• Low Stock Price Target: $70.00
• Potential Upside/Downside: +4.4%
• Consensus Rating: Buy
• Rating Score (0-4): 3.00
• Research Coverage: 9 Analysts

Profitability

• EPS (Most Recent Fiscal Year): N/A
• Trailing P/E Ratio: 16.52
• Forward P/E Ratio: 18.19
• P/E Growth: 3.54
• Net Income: N/A
• Net Margins: N/A
• Pretax Margin: N/A
• Return on Equity: N/A
• Return on Assets: N/A

Debt

• Debt-to-Equity Ratio: 1.12
• Current Ratio: 0.85
• Quick Ratio: 0.63

Sales & Book Value

• Annual Sales: $19.15 billion
• Price / Sales: 1.85
• Cash Flow: $5.87 per share
• Price / Cash Flow: 13.21
• Book Value: $18.90 per share
• Price / Book: 4.10

Miscellaneous

• Outstanding Shares: 456,790,000
• Free Float: N/A
• Market Cap: $35.39 billion
• Optionable: Optionable
• Beta: 0.90