Coca-Cola Enterprises, Inc. (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company's segments include Europe and Corporate. CCE is The Coca-Cola Company's strategic bottling partner in Western Europe. The Company has bottling rights within its territories for various beverage brands, including products with the name Coca-Cola. The Company offers beverages, such as Coca-Cola trademark beverages, allied beverages, still beverages and certain other beverages specific to the European market. In Great Britain, the Company distributes Schweppes, Dr Pepper, Oasis and Schweppes Abbey Well. The Company distributes Capri-Sun beverages in France, Belgium, the Netherlands and Luxembourg. The Company also produces and distributes Capri-Sun beverages in Great Britain. The Company distributes Monster-branded beverages.
Industry, Sector and Symbol:
- Sector: Consumer Staples
- Industry: Beverages - Soft Drinks
- Sub-Industry: Soft Drinks
- Symbol: NYSE:CCE
- CUSIP: 19122T10
- Web: www.ccep.com
- Market Cap: $19.68526 billion
- Outstanding Shares: 484,270,000
- 50 Day Moving Avg: $43.04
- 200 Day Moving Avg: $40.35
- 52 Week Range: $30.55 - $44.75
Sales & Book Value:
- Trailing P/E Ratio: 28.62
- Foreward P/E Ratio: 14.78
- P/E Growth: 1.14
- Annual Revenue: $13.25 billion
- Price / Sales: 1.49
- Book Value: $16.33 per share
- Price / Book: 2.49
- Annual Dividend: $1.00
- Dividend Yield: 2.5%
- EBIDTA: $2.14 billion
- Net Margins: 6.93%
- Return on Equity: 15.52%
- Return on Assets: 5.44%
- Debt-to-Equity Ratio: 0.80%
- Current Ratio: 0.93%
- Quick Ratio: 0.73%
- Average Volume: 1.04 million shs.
- Beta: 0.96
- Short Ratio: 2.21
Frequently Asked Questions for Coca-Cola European Partners PLC (NYSE:CCE)
What is Coca-Cola European Partners PLC's stock symbol?
Coca-Cola European Partners PLC trades on the New York Stock Exchange (NYSE) under the ticker symbol "CCE."
How often does Coca-Cola European Partners PLC pay dividends? What is the dividend yield for Coca-Cola European Partners PLC?
Coca-Cola European Partners PLC announced a quarterly dividend on Friday, August 11th. Investors of record on Monday, August 28th will be paid a dividend of $0.25 per share on Monday, September 11th. This represents a $1.00 annualized dividend and a yield of 2.46%. The ex-dividend date is Thursday, August 24th. This is an increase from Coca-Cola European Partners PLC's previous quarterly dividend of $0.23. View Coca-Cola European Partners PLC's Dividend History.
How were Coca-Cola European Partners PLC's earnings last quarter?
Coca-Cola European Partners PLC (NYSE:CCE) issued its quarterly earnings results on Thursday, August, 10th. The company reported $0.74 EPS for the quarter, topping the Zacks' consensus estimate of $0.64 by $0.10. The firm earned $3.05 billion during the quarter, compared to the consensus estimate of $2.77 billion. Coca-Cola European Partners PLC had a net margin of 6.93% and a return on equity of 15.52%. During the same quarter last year, the firm posted $0.56 EPS. View Coca-Cola European Partners PLC's Earnings History.
When will Coca-Cola European Partners PLC make its next earnings announcement?
Where is Coca-Cola European Partners PLC's stock going? Where will Coca-Cola European Partners PLC's stock price be in 2017?
12 equities research analysts have issued 12-month target prices for Coca-Cola European Partners PLC's shares. Their forecasts range from $39.00 to $47.00. On average, they anticipate Coca-Cola European Partners PLC's stock price to reach $44.57 in the next twelve months. View Analyst Ratings for Coca-Cola European Partners PLC.
What are analysts saying about Coca-Cola European Partners PLC stock?
Here are some recent quotes from research analysts about Coca-Cola European Partners PLC stock:
- 1. According to Zacks Investment Research, "Coca-Cola European Partners PLC is a consumer packaged goods company. It is engaged in producing, distributing and marketing nonalcoholic ready-to-drink beverages. It operates primarily in Andorra, Belgium, continental France, Germany, Great Britain, Luxembourg, Monaco, the Netherlands, Norway, Portugal, Spain and Sweden. Coca-Cola European Partners PLC, formerly known as Coca-Cola Enterprises Inc., is headquartered in Uxbridge, United Kingdom. " (9/11/2017)
- 2. UBS AG analysts commented, "CCEP reported Q4 EPS of '0.43 (vs. UBSe/cons. of '0.43/'0.42) alongside net sales growth of +0.2% (vs. UBSe/cons. of -0.4%/-0.9%); however, FX-neutral growth was up +4.0% vs. UBSe of +2.6%. Volumes were up +2.5% (vs. UBSe of +2.6%), and were up +1.5% selling day-adjusted. CCEP declared a dividend of '0.21 (ahead of UBSe of '0.19) and affirmed its prior FX-neutral guidance (revenue +LSD, op. profit and EPS +HSD), but now sees FX posing a -2.0% drag (vs. -1.0% prior)'implying diluted EPS of '2.02 to '2.05 (vs. prior UBSe/cons. of '2.09/'2.08). With CCEP presenting at the CAGE conference tomorrow, we look forward to hearing more about its plans for non-CSDs as well as how CCEP/KO intend to share that investment burden over time." (3/22/2017)
Who are some of Coca-Cola European Partners PLC's key competitors?
Some companies that are related to Coca-Cola European Partners PLC include Constellation Brands (STZ), Pernod Ricard SA (PDRDY), Fomento Economico Mexicano S.A.B. de C.V. (FMX), Monster Beverage Corporation (MNST), General Mills (GIS), Kao Corp. (KCRPY), Sysco Corporation (SYY), Heineken NV (HEINY), Archer-Daniels-Midland Company (ADM), Tyson Foods (TSN), Hershey Company (The) (HSY), Kellogg Company (K), Brown Forman Corporation (BF.A), Kirin Holdings Co Ltd (KNBWY), Swatch Group AG (SWGAY), Brown Forman Corporation (BF.B), Molson Coors Brewing Company (TAP) and Clorox Company (The) (CLX).
Who owns Coca-Cola European Partners PLC stock?
Coca-Cola European Partners PLC's stock is owned by a variety of of institutional and retail investors. Top institutional shareholders include Capital World Investors (4.52%), Artisan Partners Limited Partnership (3.51%), Boston Partners (2.22%), First Eagle Investment Management LLC (1.17%), FMR LLC (1.06%) and Epoch Investment Partners Inc. (0.98%). View Institutional Ownership Trends for Coca-Cola European Partners PLC.
Who sold Coca-Cola European Partners PLC stock? Who is selling Coca-Cola European Partners PLC stock?
Coca-Cola European Partners PLC's stock was sold by a variety of institutional investors in the last quarter, including Wells Fargo & Company MN, Glenview Capital Management LLC, Lord Abbett & CO. LLC, Renaissance Technologies LLC, Russell Investments Group Ltd., AXA, Parametric Portfolio Associates LLC and Stevens Capital Management LP. View Insider Buying and Selling for Coca-Cola European Partners PLC.
Who bought Coca-Cola European Partners PLC stock? Who is buying Coca-Cola European Partners PLC stock?
Coca-Cola European Partners PLC's stock was purchased by a variety of institutional investors in the last quarter, including First Eagle Investment Management LLC, Artisan Partners Limited Partnership, Capital World Investors, Kingdon Capital Management L.L.C., PGGM Investments, OZ Management LP, Epoch Investment Partners Inc. and Teachers Advisors LLC. View Insider Buying and Selling for Coca-Cola European Partners PLC.
How do I buy Coca-Cola European Partners PLC stock?
Shares of Coca-Cola European Partners PLC can be purchased through any online brokerage account. Popular online brokerages include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.
What is Coca-Cola European Partners PLC's stock price today?
MarketBeat Community Rating for Coca-Cola European Partners PLC (NYSE CCE)MarketBeat's community ratings are surveys of what our community members think about Coca-Cola European Partners PLC and other stocks. Vote "Outperform" if you believe the stock will outperform the S&P 500 over the long term. Vote "Underperform" if you believe the stock will underperform the S&P 500 over the long term. You may vote once every thirty days.
One share of Coca-Cola European Partners PLC stock can currently be purchased for approximately $40.64.
Consensus Ratings for Coca-Cola European Partners PLC (NYSE:CCE) (How are Consensus Ratings Calculated?)
MarketBeat calculates consensus ratings using the most recent rating from each brokerage that has rated a stock within the last twelve months. Since brokers often use different ratings systems, each rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings. Each stock's consensus rating is derived from its calculated consensus ratings score (0-1.5 = Sell, 1.5-2.5 = Hold, 2.5-3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months.
MarketBeat will no longer include ratings and price target data in its consensus calculation if a broker drops coverage and MarketBeat has received a report that coverage was dropped. Ratings from certain research firms that issue ratings using purely quantitative methods (such as Zacks, Vetr and ValuEngine) are not included in consensus calculations. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
|Ratings Breakdown: ||1 Sell Rating, 7 Hold Ratings, 4 Buy Ratings|
|Consensus Rating:||Hold (Score: 2.25)|
|Consensus Price Target: ||$44.57 (9.67% upside)|
Analysts' Ratings History for Coca-Cola European Partners PLC (NYSE:CCE)
(Data available from 9/26/2015 forward)
|Date||Firm||Action||Rating||Price Target||Impact on Share Price||Details|
|9/14/2017||Macquarie||Initiated Coverage||Outperform -> Outperform||$46.00||Medium|
|9/14/2017||Jefferies Group LLC||Reiterated Rating||Hold||$45.00||Low|
|8/13/2017||Barclays PLC||Set Price Target||Buy||$47.00||Low|
|8/11/2017||Deutsche Bank AG||Reiterated Rating||Hold||$44.00 -> $46.00||Low|
|8/10/2017||Susquehanna Bancshares Inc||Reiterated Rating||Hold||Low|
|5/24/2017||Argus||Boost Price Target||Buy||$44.00 -> $46.00||Low|
|4/28/2017||ABN Amro||Reiterated Rating||Sell||Low|
|4/28/2017||Citigroup Inc.||Downgrade||Buy -> Neutral||Medium|
|4/3/2017||J P Morgan Chase & Co||Initiated Coverage||Neutral -> Neutral||Low|
|12/6/2016||Stifel Nicolaus||Downgrade||Buy -> Hold||N/A|
|10/20/2016||Kepler Capital Markets||Initiated Coverage||Buy||N/A|
|10/10/2016||Goldman Sachs Group Inc||Downgrade||Buy -> Neutral||$43.00||N/A|
|9/15/2016||Credit Suisse Group||Initiated Coverage||Neutral||N/A|
|7/19/2016||Societe Generale||Upgrade||Hold -> Buy||N/A|
|6/26/2016||Evercore ISI||Reiterated Rating||Buy||N/A|
|6/1/2016||Bank of America Corporation||Initiated Coverage||Buy||N/A|
Earnings History for Coca-Cola European Partners PLC (NYSE:CCE)Earnings History by Quarter for Coca-Cola European Partners PLC (NYSE CCE)
(Data available from 1/1/2011 forward)
|Date||Quarter||Consensus Estimate||Actual EPS||Revenue Estimate||Actual Revenue||Release Link||Conference Call||Details|
|8/10/2017||Q2 2017||$0.64||$0.74||$2.77 billion||$3.05 billion||View||N/A|
|5/4/2017||3/31/2017||$0.31||$0.33||$2.52 billion||$2.54 billion||View||N/A|
|3/21/2017||12/31/2016||$0.46||$0.46||$2.54 billion||$2.58 billion||View||N/A|
|11/10/2016||Q316||$0.72||$0.74||$3.18 billion||$2.99 billion||View||N/A|
|9/22/2016||Q2||$0.74||$0.63||$3.03 billion||$2.87 billion||View||Listen|
|4/28/2016||Q116||$0.40||$0.41||$1.55 billion||$1.50 billion||View||Listen|
|2/11/2016||Q415||$0.51||$0.53||$1.64 billion||$1.63 billion||View||Listen|
|10/29/2015||Q315||$0.81||$0.84||$1.88 billion||$1.80 billion||View||Listen|
|7/30/2015||Q215||$0.76||$0.79||$1.90 billion||$1.90 billion||View||Listen|
|4/30/2015||Q115||$0.41||$0.42||$1.68 billion||$1.63 billion||View||Listen|
|2/12/2015||Q414||$0.56||$0.58||$1.94 billion||$1.93 billion||View||Listen|
|10/23/2014||Q314||$0.88||$0.92||$2.29 million||$2.10 billion||View||Listen|
|7/24/2014||Q214||$0.88||$0.90||$2.34 billion||$2.33 billion||View||Listen|
|4/24/2014||Q1||$0.44||$0.46||$1.93 million||$1.87 million||View||Listen|
|2/5/2014||Q413||$0.52||$0.51||$2.03 billion||$2.03 billion||View||Listen|
|10/24/2013||Q313||$0.79||$0.82||$2.14 billion||$2.17 billion||View||Listen|
|7/25/2013||Q2 2013||$0.76||$0.77||$2.22 billion||$2.16 billion||View||Listen|
|4/25/2013||Q1 2013||$0.38||$0.39||$1.92 billion||$1.90 billion||View||Listen|
|2/7/2013||Q4 2012||$0.44||$0.34||$1.92 billion||$1.92 billion||View||Listen|
Earnings Estimates for Coca-Cola European Partners PLC (NYSE:CCE)
2017 EPS Consensus Estimate: $2.29
(Data provided by Zacks Investment Research)
|Quarter||Number of Estimates||Low Estimate||High Estimate||Average Estimate|
Current Dividend Information for Coca-Cola European Partners PLC (NYSE:CCE)
|Most Recent Dividend:||9/11/2017|
|Dividend Growth:||-0.40% (3 Year Average)|
|Payout Ratio:||56.50% (Trailing 12 Months of Earnings) |
39.68% (Based on This Year's Estimates)
36.36% (Based on Next Year's Estimates)
|Track Record:||8 Years of Consecutive Dividend Growth|
Dividend History by Quarter for Coca-Cola European Partners PLC (NYSE CCE)
(Data available from 1/1/2013 forward)
|Announced||Period||Amount||Yield||Ex-Dividend Date||Record Date||Payable Date|
Insider Trading and Institutional Ownership History for Coca-Cola European Partners PLC (NYSE:CCE)
Insider Ownership Percentage: 3.00%Insider Trades by Quarter for Coca-Cola European Partners PLC (NYSE:CCE)
Institutional Ownership Percentage: 29.61%
(Data available from 1/1/2013 forward)
|Transaction Date||Insider Name||Title||Buy/Sell||Number of Shares||Average Share Price||Total Transaction||Details|
|11/2/2015||John Brock||CEO||Sell||218,807||$51.25||$11,213,858.75|| |
|7/13/2015||Calvin Darden||Director||Sell||12,399||$45.00||$557,955.00|| |
|5/4/2015||Laura Brightwell||VP||Sell||2,462||$45.96||$113,153.52|| |
|5/1/2015||Suzanne D Patterson||CAO||Sell||3,312||$45.96||$152,219.52|| |
|2/26/2015||Hubert Patricot||VP||Sell||79,198||$46.00||$3,643,108.00|| |
|2/23/2015||Thomas H Johnson||Director||Sell||3,000||$44.43||$133,290.00|| |
|8/19/2014||Laura Brightwell||VP||Sell||13,500||$50.00||$675,000.00|| |
|5/12/2014||Pamela Kimmet||VP||Sell||9,000||$47.00||$423,000.00|| |
|5/2/2014||Laura Brightwell||VP||Sell||5,660||$45.45||$257,247.00|| |
|5/2/2014||Suzanne Patterson||CAO||Sell||11,235||$45.45||$510,630.75|| |
|5/2/2014||Yahya Esat Sezer||SVP||Sell||16,325||$45.45||$741,971.25|| |
|4/28/2014||Thomas Johnson||Director||Sell||3,500||$46.34||$162,190.00|| |
|2/14/2014||William Douglas III||VP||Sell||40,427||$46.00||$1,859,642.00|| |
|11/5/2013||Suzanne D Patterson||CAO||Sell||49,017||$41.50||$2,034,205.50|| |
|11/5/2013||Yahya Esat Sezer||SVP||Sell||58,934||$41.54||$2,448,118.36|| |
|2/6/2013||John R Parker Jr||VP||Sell||13,605||$34.45||$468,692.25|| |
|2/6/2013||William W Douglas III||CFO||Sell||15,979||$34.45||$550,476.55|| |
|10/5/2012||William W Douglas III||CFO||Sell||29,174||$32.00||$933,568.00|| |
Headline Trends for Coca-Cola European Partners PLC (NYSE:CCE)
Latest Headlines for Coca-Cola European Partners PLC (NYSE:CCE)
Coca-Cola European Partners PLC (CCE) Chart for Tuesday, September, 26, 2017