Coca-Cola European Partners (CCEP, $47.47) expects growth in 2019, reports increased revenue on price hikes for Q4
Coca-Cola European Partners PLC is expecting 2019 to be a year of positive growth in sales and profit for the company.
The bottler of Coca-Cola products has predicted low single-digit revenue growth (excluding impact from currency fluctuations or incremental soft drink taxes), and 6%-7% increase in comparable operating profit for 2019. The company’s forecast for earnings-per-share growth is 10%-11%.
The company also reported its fourth quarter performance. Its revenue in the quarter increased + 5% year-over-year to touch 2.8 billion euros – as prices rise more than offset decline in volume. Volume dropped -2.5%, while revenue per case rose +6%. Comparable earnings per share came in at 54 euro cents.
Coca-Cola European Partners will be spending upto 1 billion euros in stock buybacks this year.
CCEP in upward trend: 10-day moving average moved above 50-day moving average on December 04, 2024
The 10-day moving average for CCEP crossed bullishly above the 50-day moving average on December 04, 2024. This indicates that the trend has shifted higher and could be considered a buy signal. In of 17 past instances when the 10-day crossed above the 50-day, the stock continued to move higher over the following month. The odds of a continued upward trend are .
Technical Analysis (Indicators)
Bullish Trend Analysis
The Momentum Indicator moved above the 0 level on December 09, 2024. You may want to consider a long position or call options on CCEP as a result. In of 96 past instances where the momentum indicator moved above 0, the stock continued to climb. The odds of a continued upward trend are .
The Moving Average Convergence Divergence (MACD) for CCEP just turned positive on November 21, 2024. Looking at past instances where CCEP's MACD turned positive, the stock continued to rise in of 50 cases over the following month. The odds of a continued upward trend are .
CCEP moved above its 50-day moving average on December 05, 2024 date and that indicates a change from a downward trend to an upward trend.
Following a 3-day Advance, the price is estimated to grow further. Considering data from situations where CCEP advanced for three days, in of 331 cases, the price rose further within the following month. The odds of a continued upward trend are .
Bearish Trend Analysis
The Stochastic Oscillator has been in the overbought zone for 2 days. Expect a price pull-back in the near future.
Following a 3-day decline, the stock is projected to fall further. Considering past instances where CCEP declined for three days, the price rose further in of 62 cases within the following month. The odds of a continued downward trend are .
The Tickeron PE Growth Rating for this company is (best 1 - 100 worst), pointing to outstanding earnings growth. The PE Growth rating is based on a comparative analysis of stock PE ratio increase over the last 12 months compared against S&P 500 index constituents.
The Tickeron Profit vs. Risk Rating rating for this company is (best 1 - 100 worst), indicating low risk on high returns. The average Profit vs. Risk Rating rating for the industry is 73, placing this stock better than average.
The Tickeron Valuation Rating of (best 1 - 100 worst) indicates that the company is slightly undervalued in the industry. This rating compares market capitalization estimated by our proprietary formula with the current market capitalization. This rating is based on the following metrics, as compared to industry averages: P/B Ratio (3.694) is normal, around the industry mean (75.858). P/E Ratio (17.668) is within average values for comparable stocks, (31.998). Projected Growth (PEG Ratio) (1.901) is also within normal values, averaging (5.544). Dividend Yield (0.029) settles around the average of (0.027) among similar stocks. P/S Ratio (1.608) is also within normal values, averaging (3.197).
The Tickeron Price Growth Rating for this company is (best 1 - 100 worst), indicating steady price growth. CCEP’s price grows at a higher rate over the last 12 months as compared to S&P 500 index constituents.
The Tickeron Seasonality Score of (best 1 - 100 worst) indicates that the company is slightly overvalued in the industry. The Tickeron Seasonality score describes the variance of predictable price changes around the same period every calendar year. These changes can be tied to a specific month, quarter, holiday or vacation period, as well as a meteorological or growing season.
The Tickeron SMR rating for this company is (best 1 - 100 worst), indicating weak sales and an unprofitable business model. SMR (Sales, Margin, Return on Equity) rating is based on comparative analysis of weighted Sales, Income Margin and Return on Equity values compared against S&P 500 index constituents. The weighted SMR value is a proprietary formula developed by Tickeron and represents an overall profitability measure for a stock.
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General Information
a bottling company with interests in marketing, production and distribution of Coca-Cola products
Industry BeveragesNonAlcoholic