Coca-Cola European Partners plc (CCEP): Technical Analysis and analyst Ratings


Coca-Cola European Partners plc (NYSE:CCEP) changes shares on Thursday trading session, with a change of 3.89% or $1.49 shares. The trading starts at $38.02 and closed at $38.31 throughout the day. The trading session low price was $38.02 and day high was $39.84 on Thursday, June 18. After the session, the Consumer Defensive sector daily volume shifted to 1.52 million while its average volume is 2.33M. In other hand, the CCEP market cap reached to $17.78B.

Checking out the performance report which defines the increase or decrease of prices for a specific period. For the last 5 trading sessions, its performance is up 6.08% and up 8.80% for month. Its quarterly performance was 28.59% above, while its half year performance is down -20.10%. CCEP yearly performance stood at negative -30.99% and fall -21.78% for year-to-date. Current recommendation for Coca-Cola European Partners plc is 2.60.

Earnings per share or EPS is an important financial measure, which defines the profitability of a company. CCEP EPS (TTM) for 12-month is 2.63. EPS for this year is 28.60%, while for the next year its value is 2.71. Its EPS Q/Q reached 72.10%. It has an EPS of 3.90% up for past five years and for the next five years will be down -0.64%.

Let’s take a look on the analyst recommendations on CCEP for the current month and previous month. For the current month, 9 of 18 analysts recommend stock as Buy while 1 as Sell, 0 as overweight, 1 as underweight and 7 as Hold. As compared with the previous month ratings, 17 analysts participate in stock recommendation. Out of 17, 2 rated it sell, 9 rated it as Buy and 5 as Hold Ratings.

Capital World Investors, Blackrock Inc. and State Street Corporation are the top three holders in Coca-Cola European Partners plc (CCEP) stock. On Mar 30, 2020, Capital World Investors has 19.21 million shares which valued 721.06 million. On Mar 30, 2020, Blackrock Inc. owned 12.17 million shares which valued at 456.65 million. On Mar 30, 2020, State Street Corporation has a total of 5.3 million shares which valued at 198.78 million. In the end, State Street Corporation have 1.17% shares outstanding of Coca-Cola European Partners plc (CCEP) on Mar 30, 2020. The insider ownership moved to 56.15% and institutional holding shifted to 31.50%.

The company posted an EPS (TTM) of 2.63. Comparing with last year, the average estimated EPS was 0.38 which is lower than 0.61 which was posted for recent quarter EPS.

A brief look on simple moving average (SMA) that determines the market price can impact a market. The SMA for CCEP fall -17.28% for period of 200 days. SMA for 50 days was 0.88% which is showing green signal, while SMA-20 was 1.68%. The moving average value for Coca-Cola European Partners plc (CCEP) is 45.22 and 38.58 for 200 and 50 days respectively.