Please login to Zacks.com or register to post a comment.
They're hand-picked from the list of Zacks Rank #1 Strong Buys. Our experts predict that their prices will jump the soonest.
Today, you can see them free.
| No Recent Quote currently available |
|
My Portfolio Tracker One of the most important steps you can take today is to set up your portfolio tracker on Zacks.com. Once you do, you'll be notified of major events affecting your stocks and/or funds with daily email alerts. Set yours up today. |
Zacks Rank Home - Evaluate your stocks and use the Zacks Rank to eliminate the losers and keep the winners.
Mutual Fund Rank Home - Evaluate your funds with the Mutual Fund Rank for both your personal and retirement funds.
Stock/Mutual Fund Screening - Find better stocks and mutual funds. The ones most likely to beat the market and provide a positive return.
My Portfolio - Track your Portfolio and find out where your stocks/mutual funds stack up with the Zacks Rank.
| Company Name | Symbol | %Change |
|---|---|---|
| ALLIANCE FIB | AFOP | 9.31% |
| SONIC FOUNDR | SOFO | 7.77% |
| TRI TECH HOL | TRIT | 6.62% |
| A M R CP | AAMRQ | 4.52% |
| FLOWERS FOOD | FLO | 4.31% |
Please login to Zacks.com or register to post a comment.
Resources
Client Support
Zacks Research is Reported On:
Zacks Investment Research
is an A+ Rated BBB
Accredited Business.
Copyright 2013 Zacks Investment Research
At the center of everything we do is a strong commitment to independent research and sharing its profitable discoveries with investors. This dedication to giving investors a trading advantage led to the creation of our proven Zacks Rank stock-rating system. Since 1986 it has nearly tripled the S&P 500 with an average gain of +26% per year. These returns cover a period from 1986-2011 and were examined and attested by Baker Tilly, an independent accounting firm.
Visit performance for information about the performance numbers displayed above.
NYSE and AMEX data is at least 20 minutes delayed. NASDAQ data is at least 15 minutes delayed.
This page is temporarily not available. Please check later as it should be available shortly. If you have any questions, please email customer support at support@zacks.com or call 800-767-3771 ext. 9339.
On Jan 22, we maintained a Neutral recommendation on Coca-Cola Enterprises, Inc ( CCE - Analyst Report ) , following the appraisal of its third quarter results.
Why the Neutral Recommendation?
More than 90% of the sales volume of Coca-Cola Enterprises comprises products of The Coca-Cola Company ( KO - Analyst Report ) . In October 2012, Coca-Cola Enterprises sold its North American operations to The Coca-Cola Companyand took over the latter’s bottling operations in Norway and Sweden.
Coca-Cola Enterprises has thus transformed itself into an exclusive western European bottler. The company is thus exposed to the economic uncertainty of this region, including steep price competition in Great Britain and headwinds from increased taxes on beverages with sweeteners in France.
Moreover, Coca-Cola Enterprises’ second and third quarters were challenging mainly due to volume softness and currency headwinds.
Coca-Cola Enterprises’ third quarter 2012 earnings of 71 cents per share beat the Zacks Consensus Estimate by 2.9%. Earnings, however, declined 1.4% over the prior-year quarter due to currency headwinds and lower revenues and margins. Volumes improved slightly in the quarter, though they are expected to decline in the fourth quarter.
Despite back-to back challenging quarters, volume softness and economic challenges in Europe, we are optimistic about the company’s long-term fundamentals. We appreciate its strong brand portfolio and solid cash position. The company is one of the largest Coca-Cola bottlers in the world.
Further, its cost saving initiatives and accelerated share buybacks are aimed at offsetting the headwinds from a soft operating environment. Moreover, the financial outlook for 2013 provided at the analyst day meet in mid-December 2012, remained somewhat encouraging.
Other Stocks to Consider
Coca-Cola Enterprises carries a Zacks Rank #3 (Hold). Other stocks in the beverage industry that are currently performing well include Coca-Cola Hellenic Bottling Company S.A. ( CCH - Snapshot Report ) and The Coca-Cola FEMSA S.A.B. de C.V. ( KOF - Snapshot Report ) . Both the companies carry Zacks #2 Rank (Buy).
Read the full reports :
Analyst Report on CCE
Analyst Report on KO
Snapshot Report on CCH
Snapshot Report on KOF