Coca-Cola Europacific Companions PLC (NYSE:CCEP – Get Score) – Equities researchers at Jefferies Monetary Group upped their FY2022 earnings per share (EPS) estimates for Coca-Cola Europacific Companions in a analysis notice issued to buyers on Thursday, January fifth. Jefferies Monetary Group analyst E. Mundy now anticipates that the corporate will submit earnings of $3.55 per share for the 12 months, up from their earlier forecast of $3.33. The consensus estimate for Coca-Cola Europacific Companions’ present full-year earnings is $3.40 per share. Jefferies Monetary Group additionally issued estimates for Coca-Cola Europacific Companions’ FY2023 earnings at $3.79 EPS and FY2024 earnings at $4.07 EPS.
Numerous different analysis corporations have additionally just lately commented on CCEP. Barclays reduce their goal value on Coca-Cola Europacific Companions from $62.00 to $61.00 and set an “chubby” ranking on the inventory in a analysis notice on Tuesday, November eighth. JPMorgan Chase & Co. boosted their value goal on Coca-Cola Europacific Companions to €66.50 ($70.74) and gave the corporate an “chubby” ranking in a report on Thursday, December 1st. StockNews.com lowered Coca-Cola Europacific Companions from a “strong-buy” ranking to a “purchase” ranking in a report on Thursday, December twenty ninth. Lastly, Deutsche Financial institution Aktiengesellschaft boosted their value goal on Coca-Cola Europacific Companions from $63.00 to $66.00 in a report on Thursday. One analysis analyst has rated the inventory with a promote ranking, one has given a maintain ranking and eight have issued a purchase ranking to the corporate. Based mostly on knowledge from MarketBeat.com, Coca-Cola Europacific Companions presently has a mean ranking of “Reasonable Purchase” and a mean goal value of $61.27.
Coca-Cola Europacific Companions Inventory Efficiency
CCEP opened at $56.83 on Friday. The inventory’s 50 day transferring common value is $52.67 and its 200-day transferring common value is $50.56. Coca-Cola Europacific Companions has a one 12 months low of $41.80 and a one 12 months excessive of $59.86. The corporate has a fast ratio of 0.75, a present ratio of 0.94 and a debt-to-equity ratio of 1.42.
Coca-Cola Europacific Companions Will increase Dividend
The agency additionally just lately disclosed a semi-annual dividend, which was paid on Wednesday, December seventh. Stockholders of report on Friday, November 18th had been issued a dividend of $1.11 per share. This represents a dividend yield of three.5%. The ex-dividend date was Thursday, November seventeenth. This can be a constructive change from Coca-Cola Europacific Companions’s earlier semi-annual dividend of $1.00.
Hedge Funds Weigh In On Coca-Cola Europacific Companions
Hedge funds have just lately made modifications to their positions within the firm. Allworth Monetary LP elevated its place in shares of Coca-Cola Europacific Companions by 459.4% within the third quarter. Allworth Monetary LP now owns 3,496 shares of the corporate’s inventory valued at $149,000 after buying an extra 2,871 shares throughout the interval. Kempen Capital Administration N.V. acquired a brand new place in shares of Coca-Cola Europacific Companions within the 1st quarter valued at $34,000. abrdn plc elevated its place in shares of Coca-Cola Europacific Companions by 1.2% within the 2nd quarter. abrdn plc now owns 293,862 shares of the corporate’s inventory valued at $15,091,000 after buying an extra 3,496 shares throughout the interval. Sculptor Capital LP acquired a brand new place in shares of Coca-Cola Europacific Companions within the 2nd quarter valued at $153,833,000. Lastly, Korea Funding CORP elevated its place in shares of Coca-Cola Europacific Companions by 117.0% within the 2nd quarter. Korea Funding CORP now owns 146,453 shares of the corporate’s inventory valued at $7,524,000 after buying an extra 78,953 shares throughout the interval. 28.63% of the inventory is owned by institutional buyers and hedge funds.
Coca-Cola Europacific Companions Firm Profile
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Coca-Cola Europacific Companions PLC, along with its subsidiaries, produces, distributes, and sells a variety of non-alcoholic able to drink drinks. The corporate provides flavours, mixers, and vitality drinks; mushy drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and occasional, juices, and different drinks.
Additional Studying
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