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

On Friday, Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) opened lower -3.82% from the last session, before settling in for the closing price of $78.77. Price fluctuations for CCEP have ranged from $59.31 to $82.32 over the past 52 weeks.

During the last 5-year period, the sales growth of Consumer Defensive Sector giant was 8.80%. Company’s average yearly earnings per share was noted 6.92% at the time writing. With a float of $206.10 million, this company’s outstanding shares have now reached $459.20 million.

Let’s determine the extent of company efficiency that accounts for 32315 employees. 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

A key investor’s attitude towards the stock of the Beverages – Non-Alcoholic industry is another important factor to consider. The insider ownership of Coca-Cola Europacific Partners Plc is 55.23%, while institutional ownership is 32.31%. 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 6.92% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 8.39% 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

Check out the current performance indicators for Coca-Cola Europacific Partners Plc (CCEP). In the past quarter, the stock posted a quick ratio of 0.63. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 1.62. Likewise, its price to free cash flow for the trailing twelve months is 18.25.

For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 3.79 and is forecasted to reach 4.51 in one year’s time.

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

Looking closely at Coca-Cola Europacific Partners Plc (NASDAQ: CCEP), its last 5-days average volume was 1.46 million, which is a jump from its year-to-date volume of 1.4 million. As of the previous 9 days, the stock’s Stochastic %D was 61.71%. Additionally, its Average True Range was 1.48.

During the past 100 days, Coca-Cola Europacific Partners Plc’s (CCEP) raw stochastic average was set at 39.43%, which indicates a significant increase from 15.13% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 24.61% in the past 14 days, which was higher than the 17.48% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $78.24, while its 200-day Moving Average is $73.91. However, in the short run, Coca-Cola Europacific Partners Plc’s stock first resistance to watch stands at $77.16. Second resistance stands at $78.55. The third major resistance level sits at $79.39. If the price goes on to break the first support level at $74.93, it is likely to go to the next support level at $74.09. Now, if the price goes above the second support level, the third support stands at $72.70.

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

There are currently 456,790K shares outstanding in the company with a market cap of 33.54 billion. Presently, the company’s annual sales total 19,808 M according to its annual income of 1,806 M. Last quarter, the company’s sales amounted to 2,794 M and its income totaled 134,000 K.