Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) has seen a decline in its stock price by -0.60 in relation to its previous close of 72.02. However, the company has experienced a 2.77% gain in its stock price over the last five trading sessions. Seeking Alpha reported 2024-04-27 that Coca-Cola Europacific Partners PLC (NASDAQ:CCEP ) Q1 2024 Earnings Conference Call April 25, 2024 7:00 AM ET Corporate Participants Sarah Willett – Vice President of Investor Relations & Corporate Strategy Damian Gammell – Chief Executive Officer Nik Jhangiani – Chief Financial Officer Conference Call Participants Matthew Ford – BNP Paribas Exane Simon Hales – Citi Lauren Lieberman – Barclays Edward Mundy – Jefferies Bonnie Herzog – Goldman Sachs Mitch Collett – Deutsche Bank Eric Serotta – Morgan Stanley Sanjeet Aujla – UBS Bryan Spillane – Bank of America Robert Ottenstein – Evercore Richard Withagen – Kepler Cheuvreux Philip Spain – JPMorgan Charlie Higgs – Redburn Atlantic Operator Hello, and thank you for standing by, and welcome to today’s Coca-Cola Europacific Partners Q1 Trading Update Conference Call. [Operator Instructions] I must advice you this conference call is being recorded today.
Is It Worth Investing in Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) Right Now?
The price-to-earnings ratio for Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) is above average at 18.22x, Company’s 36-month beta value is 0.81.Analysts have differing opinions on the stock, with 0 analysts rating it as a “buy,” 0 as “overweight,” 0 as “hold,” and 0 as “sell.”
The public float for CCEP is 204.58M, and currently, short sellers hold a 2.16% ratio of that floaft. The average trading volume of CCEP on May 02, 2024 was 1.52M shares.
CCEP’s Market Performance
The stock of Coca-Cola Europacific Partners Plc (CCEP) has seen a 2.77% increase in the past week, with a 3.80% rise in the past month, and a 3.90% gain in the past quarter. The volatility ratio for the week is 1.70%, and the volatility levels for the past 30 days are at 1.69% for CCEP. The simple moving average for the past 20 days is 4.07% for CCEP’s stock, with a 10.31% 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 2.65% 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 -1.49% of loss for the given period.
Volatility was left at 1.69%, however, over the last 30 days, the volatility rate increased by 1.70%, as shares surge +3.83% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +4.76% upper at present.
During the last 5 trading sessions, CCEP rose by +2.77%, which changed the moving average for the period of 200-days by +9.90% in comparison to the 20-day moving average, which settled at $68.92. In addition, Coca-Cola Europacific Partners Plc saw 7.27% 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 1.31. 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 a nutshell, Coca-Cola Europacific Partners Plc (CCEP) has experienced a better performance in recent times. The stock has received mixed “buy” and “hold” ratings from analysts. It is worth mentioning that the stock is currently trading in close proximity to its 50-day moving average and its 52-week high.
