Coca-Cola Europacific Partners (CCEP) Expected to Announce Quarterly Earnings on Friday

Coca-Cola Europacific Partners (NASDAQ:CCEP - Get Free Report) is expected to issue its quarterly earnings data before the market opens on Friday, February 28th. Analysts expect the company to announce earnings of $2.03 per share and revenue of $10.98 billion for the quarter. Parties that wish to register for the company's conference call can do so using this link.

Coca-Cola Europacific Partners Stock Performance

Shares of CCEP stock traded up $0.14 during mid-day trading on Friday, reaching $86.26. The stock had a trading volume of 2,235,891 shares, compared to its average volume of 1,722,823. The firm's 50 day simple moving average is $79.35 and its 200 day simple moving average is $78.56. The company has a quick ratio of 0.63, a current ratio of 0.81 and a debt-to-equity ratio of 1.11. Coca-Cola Europacific Partners has a one year low of $65.94 and a one year high of $88.39. The firm has a market cap of $39.76 billion, a PE ratio of 17.75, a P/E/G ratio of 4.89 and a beta of 0.91.

Wall Street Analysts Forecast Growth

A number of equities analysts have recently issued reports on CCEP shares. Morgan Stanley raised Coca-Cola Europacific Partners from an "equal weight" rating to an "overweight" rating in a report on Monday, December 9th. Barclays dropped their target price on Coca-Cola Europacific Partners from $86.00 to $83.00 and set an "overweight" rating for the company in a report on Friday, January 17th. UBS Group increased their target price on Coca-Cola Europacific Partners from $82.50 to $90.00 and gave the stock a "buy" rating in a report on Thursday, December 12th. JPMorgan Chase & Co. cut Coca-Cola Europacific Partners from an "overweight" rating to a "neutral" rating and dropped their target price for the stock from $85.00 to $82.00 in a report on Wednesday, November 27th. Finally, Kepler Capital Markets cut Coca-Cola Europacific Partners from a "hold" rating to a "reduce" rating in a report on Tuesday. One investment analyst has rated the stock with a sell rating, four have issued a hold rating, seven have assigned a buy rating and one has assigned a strong buy rating to the company's stock. Based on data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $85.00.

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About Coca-Cola Europacific Partners

Coca-Cola Europacific Partners PLC, together with its subsidiaries, produces, distributes, and sells a range of non-alcoholic ready to drink beverages. It offers flavours, mixers, and energy drinks; soft drinks, waters, enhanced water, and isotonic drinks; and ready-to-drink tea and coffee, juices, and other drinks.