Headlines about Coca-Cola European Partners (NYSE:CCE) have trended somewhat positive this week, according to Accern Sentiment. The research firm identifies positive and negative press coverage by reviewing more than 20 million news and blog sources. Accern ranks coverage of public companies on a scale of negative one to one, with scores nearest to one being the most favorable. Coca-Cola European Partners earned a media sentiment score of 0.11 on Accern’s scale. Accern also assigned news articles about the company an impact score of 45.5539959918914 out of 100, indicating that recent press coverage is somewhat unlikely to have an effect on the stock’s share price in the near term.
A number of equities analysts recently weighed in on the stock. Zacks Investment Research upgraded shares of Coca-Cola European Partners from a “sell” rating to a “buy” rating and set a $44.00 price target on the stock in a research report on Tuesday, January 9th. Morgan Stanley initiated coverage on shares of Coca-Cola European Partners in a research note on Monday, March 26th. They set an “overweight” rating on the stock. Deutsche Bank boosted their price target on shares of Coca-Cola European Partners from $43.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Susquehanna Bancshares reduced their price target on shares of Coca-Cola European Partners from $33.00 to $30.00 and set a “negative” rating on the stock in a research note on Monday, February 12th. Finally, Macquarie downgraded shares of Coca-Cola European Partners from an “outperform” rating to a “neutral” rating and set a $40.00 price target on the stock. in a research note on Friday, January 5th. Two equities research analysts have rated the stock with a sell rating, six have issued a hold rating and five have issued a buy rating to the stock. The company presently has an average rating of “Hold” and an average price target of $43.38.
NYSE CCE traded up $0.03 on Friday, hitting $41.73. 788,224 shares of the stock were exchanged, compared to its average volume of 1,292,879. The company has a quick ratio of 0.81, a current ratio of 1.01 and a debt-to-equity ratio of 0.82. Coca-Cola European Partners has a fifty-two week low of $36.17 and a fifty-two week high of $44.75. The stock has a market capitalization of $20,213.26, a PE ratio of 17.46, a price-to-earnings-growth ratio of 2.07 and a beta of 0.74.
Coca-Cola European Partners (NYSE:CCE) last issued its earnings results on Thursday, February 15th. The company reported $0.58 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.55 by $0.03. Coca-Cola European Partners had a net margin of 5.91% and a return on equity of 16.12%. The business had revenue of $2.66 billion during the quarter, compared to analysts’ expectations of $2.58 billion. During the same quarter in the prior year, the business posted $0.43 EPS. The company’s revenue for the quarter was up 3.3% on a year-over-year basis. equities research analysts expect that Coca-Cola European Partners will post 2.81 earnings per share for the current fiscal year.
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 15th. Investors of record on Tuesday, February 27th were given a $0.32 dividend. This is an increase from Coca-Cola European Partners’s previous quarterly dividend of $0.24. The ex-dividend date of this dividend was Monday, February 26th. This represents a $1.28 annualized dividend and a yield of 3.07%. Coca-Cola European Partners’s dividend payout ratio is 53.56%.
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Coca-Cola European Partners Company Profile
Coca-Cola Enterprises, Inc (CCE) markets, produces and distributes nonalcoholic beverages. The Company serves customers across Belgium, continental France, Great Britain, Luxembourg, Monaco, the Netherlands, Norway and Sweden. The Company’s segments include Europe and Corporate. CCE is The Coca-Cola Company’s strategic bottling partner in Western Europe.
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