NASDAQ:COCO

Vita Coco (COCO) Stock Price, News & Analysis

$23.61
+0.53 (+2.30%)
(As of 05:46 PM ET)
Today's Range
$23.05
$23.69
50-Day Range
$20.56
$26.23
52-Week Range
$19.41
$33.29
Volume
423,146 shs
Average Volume
706,949 shs
Market Capitalization
$1.34 billion
P/E Ratio
29.51
Dividend Yield
N/A
Price Target
$29.71

Vita Coco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
25.7% Upside
$29.71 Price Target
Short Interest
Bearish
13.87% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.35mentions of Vita Coco in the last 14 days
Based on 7 Articles This Week
Insider Trading
Selling Shares
$1.31 M Sold Last Quarter
Proj. Earnings Growth
17.39%
From $0.92 to $1.08 Per Share

Overall MarketRank

New Rank-Based ScoringMarketRank is calculated by averaging available category scores (with extra weight given to analysis and valuation), then ranking the company's weighted average against that of other companies.

3.29 out of 5 stars

Consumer Staples Sector

69th out of 133 stocks

Beverages Industry

6th out of 12 stocks

COCO stock logo

About Vita Coco Stock (NASDAQ:COCO)

The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific. The company offers coconut oil and coconut milk; juice; Runa, a plant-based energy drink; packaged water under the Ever & Ever brand name; and PWR LIFT, a protein-infused fitness drink. It also provides private label coconut water and oil to retailers. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodservice channels. The company was formerly known as All Market Inc. and changed its name to The Vita Coco Company, Inc. in September 2021.The Vita Coco Company, Inc. was incorporated in 2004 and is headquartered in New York, New York.

COCO Stock Price History

COCO Stock News Headlines

The Best AI Stock to Own in the World Today is Trading for Just $25
“Titan of Tech” Bets Big on Tiny AI Company He’s made as much as 3,250,000% in just three years on companies like Facebook, Airbnb, and PayPal… But our research shows his latest investment could be his most successful venture yet.
BIZ BUZZ: More coconuts for MVP
EU leaders to tackle economic decline
Axelum, Vita Coco extend partnership
A new way to collect income from stocks
Most people think of BUYING options when they talk about options. It’s how speculators leverage large sums of money hoping that a stock moves in the “right” direction over a certain period of time. The problem is - they don’t always pay off when you buy them. In fact, a contributing writer at the Financial Post studied options extensively…
The 3 Best Consumer Stocks to Buy in April 2024
Alex Rodriguez’s net worth in 2024
COCO Oct 2024 12.500 put
See More Headlines
Receive COCO Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Vita Coco and its competitors with MarketBeat's FREE daily newsletter.

Company Calendar

Last Earnings
2/28/2024
Today
4/23/2024
Next Earnings (Confirmed)
5/01/2024
Fiscal Year End
12/31/2024

Industry, Sector and Symbol

Industry
Beverages
Sub-Industry
N/A
Current Symbol
NASDAQ:COCO
Fax
N/A
Employees
294
Year Founded
N/A

Price Target and Rating

Average Stock Price Target
$29.71
High Stock Price Target
$33.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+25.7%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$46.63 million
Pretax Margin
11.73%

Debt

Sales & Book Value

Annual Sales
$493.61 million
Cash Flow
$0.79 per share
Book Value
$3.56 per share

Miscellaneous

Free Float
27,838,000
Market Cap
$1.35 billion
Optionable
Optionable
Beta
0.16
7 Energy Stocks to Buy and Hold Forever Cover

Do you expect the global demand for energy to shrink?! If not, it's time to take a look at how energy stocks can play a part in your portfolio.

Get This Free Report

COCO Stock Analysis - Frequently Asked Questions

Should I buy or sell Vita Coco stock right now?

7 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Vita Coco in the last year. There are currently 3 hold ratings and 4 buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" COCO shares.
View COCO analyst ratings
or view top-rated stocks.

What is Vita Coco's stock price target for 2024?

7 brokerages have issued 1 year price objectives for Vita Coco's stock. Their COCO share price targets range from $28.00 to $33.00. On average, they expect the company's stock price to reach $29.71 in the next year. This suggests a possible upside of 25.7% from the stock's current price.
View analysts price targets for COCO
or view top-rated stocks among Wall Street analysts.

How have COCO shares performed in 2024?

Vita Coco's stock was trading at $25.65 on January 1st, 2024. Since then, COCO stock has decreased by 7.8% and is now trading at $23.64.
View the best growth stocks for 2024 here
.

When is Vita Coco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, May 1st 2024.
View our COCO earnings forecast
.

How can I listen to Vita Coco's earnings call?

Vita Coco will be holding an earnings conference call on Wednesday, May 1st at 8:30 AM Eastern. Interested parties can register for or listen to the call using this link.

How were Vita Coco's earnings last quarter?

The Vita Coco Company, Inc. (NASDAQ:COCO) released its quarterly earnings results on Wednesday, February, 28th. The company reported $0.11 EPS for the quarter, topping analysts' consensus estimates of $0.09 by $0.02. The firm earned $106.10 million during the quarter, compared to analysts' expectations of $99.63 million. Vita Coco had a trailing twelve-month return on equity of 24.27% and a net margin of 9.45%. The company's revenue for the quarter was up 15.3% on a year-over-year basis. During the same period last year, the firm posted $0.04 earnings per share.

What ETFs hold Vita Coco's stock?

ETFs with the largest weight of Vita Coco (NASDAQ:COCO) stock in their portfolio include Invesco Food & Beverage ETF (PBJ).VegTech Plant-based Innovation & Climate ETF (EATV).

What guidance has Vita Coco issued on next quarter's earnings?

Vita Coco updated its FY 2024 earnings guidance on Wednesday, February, 28th. The company provided earnings per share (EPS) guidance of for the period. The company issued revenue guidance of $495.0 million-$505.0 million, compared to the consensus revenue estimate of $503.3 million.

When did Vita Coco IPO?

Vita Coco (COCO) raised $224 million in an IPO on Thursday, October 21st 2021. The company issued 11,500,000 shares at $18.00-$21.00 per share.

Who are Vita Coco's major shareholders?

Vita Coco's stock is owned by a number of retail and institutional investors. Top institutional shareholders include Wasatch Advisors LP (0.70%), AMI Asset Management Corp (0.31%) and Allspring Global Investments Holdings LLC (0.06%). Insiders that own company stock include Beverages Sa Verlinvest, Eric Melloul, Es Charles Van, Ira Liran, Jane Prior, Jonathan Burth, Kenneth Sadowsky, Kevin Benmoussa, Martin F Roper, Michael Kirban and Rowena Ricalde.
View institutional ownership trends
.

How do I buy shares of Vita Coco?

Shares of COCO stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

This page (NASDAQ:COCO) was last updated on 4/23/2024 by MarketBeat.com Staff

From Our Partners