Coca-Cola Europacific Partners Plc (CCEP) Shares Plummet Below 1-Year High

Coca-Cola Europacific Partners Plc (NASDAQ: CCEP)’s stock price has decreased by -0.46 compared to its previous closing price of 69.29. However, the company has seen a -3.59% decrease in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-01 that The SPDR S&P 500 ETF Trust had a 3.27% return in March, outperforming Vanguard’s Dividend Appreciation Index Fund ETF Shares. The top 15 dividend growth stocks for April 2024 offer an average dividend yield of 1.44% and appear to be about 24% undervalued based on dividend yield theory.

Is It Worth Investing in Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) Right Now?

Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) has a higher price-to-earnings ratio of 17.55x compared to its average ratio, The 36-month beta value for CCEP is at 0.83. Analysts have varying views on the stock, with 0 analysts rating it as a “buy,” 0 rating it as “overweight,” 0 as “hold,” and 0 as “sell.”

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The public float for CCEP is 204.58M, and currently, shorts hold a 2.44% of that float. The average trading volume for CCEP on April 03, 2024 was 1.58M shares.

CCEP’s Market Performance

The stock of Coca-Cola Europacific Partners Plc (CCEP) has seen a -3.59% decrease in the past week, with a -0.62% drop in the past month, and a 3.34% gain in the past quarter. The volatility ratio for the week is 1.91%, and the volatility levels for the past 30 days are at 1.70% for CCEP. The simple moving average for the past 20 days is -2.74% for CCEP’s stock, with a 6.96% simple moving average for the past 200 days.

Analysts’ Opinion of CCEP

Societe Generale gave a rating of “Hold” to CCEP, setting the target price at $61.15 in the report published on April 26th of the previous year.

CCEP Trading at -0.55% from the 50-Day Moving Average

After a stumble in the market that brought CCEP to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -5.09% of loss for the given period.

Volatility was left at 1.70%, however, over the last 30 days, the volatility rate increased by 1.91%, as shares sank -0.82% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +2.10% upper at present.

During the last 5 trading sessions, CCEP fell by -3.59%, which changed the moving average for the period of 200-days by +5.36% in comparison to the 20-day moving average, which settled at $70.88. In addition, Coca-Cola Europacific Partners Plc saw 3.34% in overturn over a single year, with a tendency to cut further gains.

Stock Fundamentals for CCEP

Current profitability levels for the company are sitting at:

  • 0.13 for the present operating margin
  • 0.36 for the gross margin

The net margin for Coca-Cola Europacific Partners Plc stands at 0.09. The total capital return value is set at 0.18. Equity return is now at value 21.53, with 5.67 for asset returns.

Based on Coca-Cola Europacific Partners Plc (CCEP), the company’s capital structure generated 0.59 points at debt to capital in total, while cash flow to debt ratio is standing at 0.33. The debt to equity ratio resting at 1.43. The interest coverage ratio of the stock is 19.45.

Currently, EBITDA for the company is 3.25 billion with net debt to EBITDA at 1.89. When we switch over and look at the enterprise to sales, we see a ratio of 1.27. The receivables turnover for the company is 10.53for trailing twelve months and the total asset turnover is 1.06. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.91.

Conclusion

In conclusion, Coca-Cola Europacific Partners Plc (CCEP) has had a mixed performance lately. Opinion on the stock among analysts is mixed, with some giving it a “buy” rating and others a “hold”. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.

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