Coca-Cola European Partners PLC (NYSE:CCEP) reached a new 52-week high during trading on Tuesday . The company traded as high as $52.51 and last traded at $52.45, with a volume of 708688 shares changing hands. The stock had previously closed at $51.86.

A number of equities research analysts have commented on CCEP shares. Jefferies Financial Group raised Coca-Cola European Partners from a “hold” rating to a “buy” rating in a report on Monday, January 7th. ValuEngine raised Coca-Cola European Partners from a “hold” rating to a “buy” rating in a report on Tuesday, February 19th. Finally, Zacks Investment Research cut Coca-Cola European Partners from a “hold” rating to a “sell” rating in a report on Thursday, December 27th.

The company has a debt-to-equity ratio of 0.78, a current ratio of 0.79 and a quick ratio of 0.61. The firm has a market cap of $25.21 billion, a P/E ratio of 19.27, a PEG ratio of 1.99 and a beta of 0.56.

Coca-Cola European Partners (NYSE:CCEP) last posted its quarterly earnings results on Thursday, February 14th. The company reported $0.54 EPS for the quarter, missing the Zacks’ consensus estimate of $0.62 by ($0.08). The business had revenue of $2.79 billion for the quarter, compared to the consensus estimate of $2.82 billion. Coca-Cola European Partners had a net margin of 7.89% and a return on equity of 16.44%. Coca-Cola European Partners’s revenue was up 5.0% compared to the same quarter last year. During the same period in the prior year, the business earned $0.49 earnings per share. Equities analysts anticipate that Coca-Cola European Partners PLC will post 2.91 EPS for the current fiscal year.

Large investors have recently bought and sold shares of the business. Macquarie Group Ltd. bought a new stake in shares of Coca-Cola European Partners in the third quarter worth about $300,000. Mackenzie Financial Corp bought a new stake in shares of Coca-Cola European Partners in the third quarter worth about $327,000. Clearbridge Investments LLC bought a new stake in shares of Coca-Cola European Partners in the third quarter worth about $402,000. AQR Capital Management LLC bought a new stake in shares of Coca-Cola European Partners in the third quarter worth about $417,000. Finally, Putnam Investments LLC bought a new stake in shares of Coca-Cola European Partners in the third quarter worth about $858,000. 30.83% of the stock is currently owned by institutional investors and hedge funds.

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About Coca-Cola European Partners (NYSE:CCEP)

Coca-Cola European Partners plc, together with its subsidiaries, produces, markets, distributes, and sells a range of nonalcoholic ready-to-drink beverages. The company offers sparkling flavors, energy drinks, juices, isotonics, and other drinks, as well as water. It provides its products primarily under the Coca-Cola, Fanta, and Sprite brands, as well as Coca-Cola Zero Sugar, Mezzo Mix, Schweppes, Royal Bliss, Fïnle, Monster, GLACÉAU Smartwater, Vio, Chaudfontaine, Fuze Tea, Honest Coffee, Oasis, Capri-Sun, Honest, and Tropico brands.

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