NEW YORK, November 14, 2016 /PRNewswire/ --
The Beverages industry, particularly the Soft Drinks category, has so far reported decent earnings this season as well as over the past few quarters. This is due to the higher sales of non-carbonated drinks, lower costs of key raw materials, cost reductions, and overall improved execution. Today, Stock-Callers.com has initiated coverage on four major industry players which are: The Coca-Cola Co. (NYSE: KO), Pepsico Inc. (NYSE: PEP), Coca-Cola European Partners PLC (NYSE: CCE), and Dr Pepper Snapple Group Inc. (NYSE: DPS). Learn more about these stocks by downloading their free research reports in PDF format at:
Last Friday at the close, shares in Atlanta, Georgia headquartered The Coca-Cola Co. ended 0.22% higher at $41.03. The stock recorded a trading volume of 13.40 million shares, which was above its three months average volume of 12.26 million shares. The Company's shares are trading below their 50-day moving average by 2.85%. Furthermore, shares of Coca-Cola, which manufactures and distributes various nonalcoholic beverages worldwide, have a Relative Strength Index (RSI) of 38.32.
On October 27th, 2016, Coca-Cola announced that Barry Simpson has been promoted from his current position as head of Global Business Unit IT Services to the role of Chief Information Officer, effective immediately. In his new role, Simpson will oversee all of the company's global information technology strategy, services and operations. A nearly 30-year IT industry veteran, Simpson joined the Coca-Cola system in 2008 as Group CIO of the Coca-Cola Amatil (CCA) Group, a major Coca-Cola bottler based in Sydney, Australia. Sign up and read the free research report on KO at:
Purchase, New York headquartered Pepsico Inc.'s stock finished Friday's session 0.06% lower at $103.19. A total volume of 5.88 million shares was traded, which was above their three months average volume of 4.00 million shares. The Company's shares have advanced 5.53% since the start of this year. The stock is trading below its 200-day moving average by 0.26%. Additionally, shares of Pepsico, which operates as a food and beverage company worldwide, have an RSI of 36.16.
On November 04th, 2016, Doritos, one of the marquee brands from PepsiCo's Frito-Lay division, announced the nationwide availability of Doritos Loaded, a bite-sized, triangle-shaped snack loaded with melted cheese and covered in a crispy Doritos-flavored crust. Doritos Loaded paves the way for the next generation of snacking with its combination of warm melted cheese inside a crispy Doritos flavored crust. They're the ideal snacking size and are ready after just minutes in the oven. The complimentary research report on PEP can be downloaded at:
Coca-Cola European Partners
Shares in Uxbridge, UK headquartered Coca-Cola European Partners PLC ended the session 1.58% higher at $35.47. A total volume of 2.64 million shares was traded, which was above their three months average volume of 2.04 million shares. The stock has gained 1.91% on an YTD basis. The Company's shares are trading below their 200-day moving average by 4.41%. Moreover, shares of Coca-Cola European Partners, which produces, distributes, and markets a range of non-alcoholic ready-to-drink beverages in Europe, have an RSI of 32.16.
On November 10th, 2016, Coca-Cola European Partners reported interim revenue of €3.0 billion for Q3 2016, up 82.5% versus Q3 2015, reflecting the inclusion of Germany and Iberia in the quarter. Q3 2016 diluted earnings per share were €0.67 on a reported basis, or €0.66 on a pro-forma comparable basis, including a negative currency translation impact of €0.03. Separately on the same day, the company announced that Damian Gammell will succeed John F. Brock as chief executive officer. Register for free on Stock-Callers.com and access the latest report on CCE at:
Dr Pepper Snapple Group
Plano, Texas headquartered Dr Pepper Snapple Group Inc.'s shares recorded a trading volume of 1.65 million shares, which was above their three months average volume of 1.26 million shares. The stock closed 1.03% lower at $82.38. The Company's shares are trading 7.54% below their 50-day moving average. Additionally, shares of Dr Pepper Snapple, which operates as a brand owner, manufacturer, and distributor of non-alcoholic beverages in the US, Mexico, and Canada, have an RSI of 29.61.
On October 27th, 2016, Dr Pepper Snapple reported Q3 2016 EPS of $1.29, including a $0.09 tax gain, compared to $1.05 in Q3 2015. Core EPS were $1.17, up 8% compared to $1.08 in Q3 2015. For the reported quarter, net sales of $1.68 billion increased 3% on favorable product and package mix, a 1% increase in sales volumes and higher pricing. Net sales growth was reduced in the quarter by 1 percentage point of unfavorable foreign currency translation.
On October 28th, 2016, research firm UBS reiterated its 'Neutral' rating on the Company's stock with a decrease of the target price from $96 a share to $94 a share. Get free access to your research report on DPS at:
Stock Callers (SC) produces regular sponsored and non-sponsored reports, articles, stock market blogs, and popular investment newsletters covering equities listed on NYSE and NASDAQ and micro-cap stocks. SC has two distinct and independent departments. One department produces non-sponsored analyst certified content generally in the form of press releases, articles and reports covering equities listed on NYSE and NASDAQ and the other produces sponsored content (in most cases not reviewed by a registered analyst), which typically consists of compensated investment newsletters, articles and reports covering listed stocks and micro-caps. Such sponsored content is outside the scope of procedures detailed below.
SC has not been compensated; directly or indirectly; for producing or publishing this document.
PRESS RELEASE PROCEDURES:
The non-sponsored content contained herein has been prepared by a writer (the "Author") and is fact checked and reviewed by a third party research service company (the "Reviewer") represented by a credentialed financial analyst [for further information on analyst credentials, please email [email protected]. Rohit Tuli, a CFA® charterholder (the "Sponsor"), provides necessary guidance in preparing the document templates. The Reviewer has reviewed and revised the content, as necessary, based on publicly available information which is believed to be reliable. Content is researched, written and reviewed on a reasonable-effort basis. The Reviewer has not performed any independent investigations or forensic audits to validate the information herein. The Reviewer has only independently reviewed the information provided by the Author according to the procedures outlined by SC. SC is not entitled to veto or interfere in the application of such procedures by the third-party research service company to the articles, documents or reports, as the case may be. Unless otherwise noted, any content outside of this document has no association with the Author or the Reviewer in any way.
SC, the Author, and the Reviewer are not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted whatsoever for any direct, indirect or consequential loss arising from the use of this document. SC, the Author, and the Reviewer expressly disclaim any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Additionally, SC, the Author, and the Reviewer do not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
NOT AN OFFERING
This document is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed, and is to be used for informational purposes only. Please read all associated disclosures and disclaimers in full before investing. Neither SC nor any party affiliated with us is a registered investment adviser or broker-dealer with any agency or in any jurisdiction whatsoever. To download our report(s), read our disclosures, or for more information, visit
For any questions, inquiries, or comments reach out to us directly. If you're a company we are covering and wish to no longer feature on our coverage list contact us via email and/or phone between 09:30 EDT to 16:00 EDT from Monday to Friday at:
Email: [email protected]
Phone number: +44 330 808 3765
Office Address: Clyde Offices, Second Floor, 48 West George Street, Glasgow, U.K. -G2 1BP
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
SOURCE Chelmsford Park SA