With 1.67 million shares changed hands, the volume of the stock remained heavier than its average volume of 1.57 million shares. The 52-week range on CCEP shows that it touched its highest point at $87.03 and its lowest point at $65.94 during that stretch. It currently has a 1-year price target of $88.55. With its current market cap of 39.85 billion, CCEP has annualized dividend of $2.09 while the current yield stands at 2.42%. Beta for the stock currently stands at 0.91.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of CCEP was up-trending over the past week, with a rise of 6.34%, but this was up by 11.48% over a month. Three-month performance surged to 14.24% while six-month performance rose 12.18%. The stock gained 28.03% in the past year, while it has gained 12.68% so far this year. A look at the trailing 12-month EPS for CCEP yields 3.33 with Next year EPS estimates of 4.86. EPS is expected to grow by 8.81% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 4.96%.
Float and Shares Shorts:
At present, 474.92 million CCEP shares are outstanding with a float of 206.06 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for CCEP since 4 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 0 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $4.26302 being high and $3.86122 being low. For CCEP, this leads to a yearly average estimate of $4.07682. Based on analyst estimates, the high estimate for the next quarter is $0 and the low estimate is $0. The average estimate for the next quarter is thus $0.
