Coca-Cola European Partners plc [CCEP] shares are down more than -28.89% this year and recently decreased -0.02% or -$0.84 to settle at $38.19. Analysts expect CCEP to grow earnings at a 0.35% annual rate over the next 5 years. CCEP has a short ratio of 1.22. This implies that the market is currently less bearish on the outlook for CCEP.

On 26, October 2020, CORRECTION – CCEP announces Q3 Trading Update & Interim Dividend Declaration. According to news published on Yahoo Finance, The headline for the below announcement released originally on 25/10/20 at (time) has been amended and should read “CCEP announces Q3 Trading Update & Interim Dividend Declaration”.

Analyst Birdseye View:

The most recent analyst activity for Coca-Cola European Partners plc [NYSE:CCEP] stock was on June 10, 2020, when it was Upgrade with a Hold rating from ABN Amro. On June 05, 2020, HSBC Securities Initiated a Hold rating and boosted its price target on this stock to $44. On March 19, 2020, BofA/Merrill Downgrade an Underperform rating and decreased its price target from $60 to $30. On January 15, 2020, JP Morgan Upgrade an Overweight rating and increased its price target to $62. On December 05, 2019, Argus Downgrade a Hold rating. On September 19, 2019, Liberum Initiated a Buy rating.

In the past 52 weeks of trading, this stock has oscillated between a low of $28.35 and a peak of $57.67. Right now, according to Wall Street analyst the average 12-month amount target is $39.61. At the most recent market close, shares of Coca-Cola European Partners plc [NYSE:CCEP] were valued at $38.19. According to the average price forecast, investors can expect a potential return of -18.73%.

FUNDAMENTAL ANALYSIS

Coca-Cola European Partners plc [NYSE:CCEP] most recently reported quarterly sales of 5.33 billion, which represented growth of 73.10%. This publicly-traded organization’s revenue is $522,026 per employee, while its income is $47,350 per employee. This company’s Gross Margin is currently 36.70%, its Operating Margin is 9.90%, its Pretax Margin is +12.10, and its Net Margin is +9.07. Continuing to look at profitability, this corporation’s Return on Assets, Equity, Whole Principal & invested Principal is sitting at 5.84, 16.93, 13.22 and 9.18 respectively.

The Principal structure of this organization shows its whole liability to whole principal at 51.05 and the whole liability to whole assets at 34.36. It shows enduring liability to the whole principal at 44.70 and enduring liability to assets at 0.30 while looking for an extended time period.

Readers are usually of view to make a close observation to the indicators that support and make resistance before moving to any particular stock. As of now, the company’s stock is sitting at 38.50 points at 1st support level, the second support level is making up to 37.98. But as of 1st resistance point, this stock is sitting at 39.77 and at 40.52 for 2nd resistance point.

Important Ratio’s To Watch

Meanwhile, turning our focus to liquidity, the Current Ratio for Coca-Cola European Partners plc [NYSE:CCEP] is 0.90. Likewise, the Quick ratio is also the same, showing Cash ratio at 0.08. Now if looking for a valuation of this stock’s amount to sales ratio it’s 1.77, it’s amount to book ratio is 3.36 and showing 21.54 of P/E (TTM) ratio.