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

On Tuesday, Coca-Cola Europacific Partners Plc (NASDAQ: CCEP) was -0.26% drop from the session before settling in for the closing price of $78.14. A 52-week range for CCEP has been $59.31 – $82.32.

Over the past five-year period, the growth rate of yearbook sales for the company of the Consumer Defensive sector was 8.80%. When this article was written, the company’s average yearly earnings per share was at 7.04%. 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

Also, it is sometimes useful to examine the sentiment of large-scale investors toward Coca-Cola Europacific Partners Plc stocks. 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

Wall Street market experts anticipate that the next fiscal year will bring earnings of 0 per share during the current fiscal year.

According to the Wall Street analysts, stocks earnings will be around 7.04% 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

You can see what Coca-Cola Europacific Partners Plc (CCEP) is doing with its current performance indicators. In the most recent 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 1.73. Likewise, its price to free cash flow for the trailing twelve months is 19.52.

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)

Compared to the last year’s volume of 1.39 million, its volume of 1.26 million showed lagged in the last five days. As of the previous 9 days, the stock’s Stochastic %D was 69.64%. Additionally, its Average True Range was 1.38.

During the past 100 days, Coca-Cola Europacific Partners Plc’s (CCEP) raw stochastic average was set at 59.56%, which indicates a significant decrease from 66.23% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 22.65% in the past 14 days, which was higher than the 17.70% volatility it showed in the past 100 days.

At the time of writing, stock’s 50-day Moving Average is $77.73, while its 200-day Moving Average is $74.25. Nevertheless, the first resistance level for the watch stands at $78.26 in the near term. At $78.59, the stock is likely to face the second major resistance level. The third major resistance level sits at $79.08. If the price goes on to break the first support level at $77.44, it is likely to go to the next support level at $76.95. Now, if the price goes above the second support level, the third support stands at $76.62.

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

There are 456,790K outstanding shares of the company, which has a market capitalization of 35.88 billion. As of now, sales total 19,808 M while income totals 1,806 M. Its latest quarter income was 2,794 M while its last quarter net income were 134,000 K.