Let’s look at the key reasons that are pushing Coca-Cola Europacific Partners Plc (CCEP) to new highs

A new trading day began on Tuesday, with Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) stock price up 2.62% from the previous day of trading, before settling in for the closing price of $75.86. CCEP’s price has ranged from $59.31 to $82.32 over the past 52 weeks.

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 8.80%. Meanwhile, its annual earnings per share averaged 5.66%. With a float of $206.10 million, this company’s outstanding shares have now reached $459.20 million.

Considering the fact that the conglomerate employs 32315 people, you should pay attention to its efficiency factor. In terms of profitability, gross margin is 36.33%, operating margin of 12.11%, and the pretax margin is 11.21%.

Coca-Cola Europacific Partners Plc (CCEP) Breakdown of a Key Holders of the stock

As we move forward, let’s examine how large-scale investors are investing in this stock of the Beverages – Non-Alcoholic Industry. The insider ownership of Coca-Cola Europacific Partners Plc is 55.23%, while institutional ownership is 33.30%. The most recent insider transaction that took place on Sep 23 ’24, was worth 893,116. Before that another transaction happened on Sep 20 ’24, when Company’s Officer proposed sale 8,000 for $80.78, making the entire transaction worth $646,259.

Coca-Cola Europacific Partners Plc (CCEP) Recent Fiscal highlights

According to the Wall Street analysts, stocks earnings will be around 5.66% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.50% during the next five years compared to 12.15% growth over the previous five years of trading.

Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) Trading Performance Indicators

Here are Coca-Cola Europacific Partners Plc’s current performance indicators. According to the last quarter’s results, the stock had a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.73. Likewise, its price to free cash flow for the trailing twelve months is 19.50.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.79 and is forecasted to reach 4.63 in one year’s time.

Technical Analysis of Coca-Cola Europacific Partners Plc (CCEP)

Compared to the last year’s volume of 1.39 million, its volume of 1.12 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 31.90%. Additionally, its Average True Range was 1.26.

During the past 100 days, Coca-Cola Europacific Partners Plc’s (CCEP) raw stochastic average was set at 58.68%, which indicates a significant decrease from 65.18% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 19.62% in the past 14 days, which was higher than the 16.55% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.77, while its 200-day Moving Average is $73.57. Nevertheless, the first resistance level for the watch stands at $78.68 in the near term. At $79.52, the stock is likely to face the second major resistance level. The third major resistance level sits at $81.01. If the price goes on to break the first support level at $76.35, it is likely to go to the next support level at $74.86. Now, if the price goes above the second support level, the third support stands at $74.02.

Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) Key Stats

With a market capitalization of 35.84 billion, the company has a total of 456,790K Shares Outstanding. Currently, annual sales are 19,808 M while annual income is 1,806 M. The company’s previous quarter sales were 2,794 M while its latest quarter income was 134,000 K.