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 Wall Street analysts have issued 12 month target prices for Vita Coco's stock. Their COCO share price targets range from $28.00 to $33.00. On average, they predict the company's stock price to reach $29.71 in the next twelve months. This suggests a possible upside of 26.9% 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 at the beginning of 2024. Since then, COCO shares have decreased by 8.7% and is now trading at $23.42. 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 were Vita Coco's earnings last quarter?

The Vita Coco Company, Inc. (NASDAQ:COCO) announced its earnings results on Wednesday, February, 28th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business earned $106.10 million during the quarter, compared to the consensus estimate 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 firm's revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 VegTech Plant-based Innovation & Climate ETF (EATV) . Invesco Food & Beverage ETF (PBJ) .

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 initial public offering (IPO) on Thursday, October 21st 2021. The company issued 11,500,000 shares at a price of $18.00-$21.00 per share.

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 .

NASDAQ:COCO

Vita Coco (COCO) Stock Price, News & Analysis

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Free COCO Stock Alerts

$23.42

-0.51 (-2.13%)

(As of 04/17/2024 ET)

Compare

Today's Range: $23.36
▼
$24.00
50-Day Range: $19.91
▼
$26.23
52-Week Range: $19.41
▼
$33.29

Volume: 333,224 shs
Average Volume: 727,542 shs
Market Capitalization: $1.33 billion

P/E Ratio: 29.28
Dividend Yield: N/A
Price Target: $29.71

Get Vita Coco alerts:

Vita Coco MarketRank™ Stock Analysis

Analyst Rating: Moderate Buy
2.57 Rating Score
Upside/Downside: 26.9% Upside
$29.71 Price Target
Short Interest: Bearish
13.87% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.72
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.

3.36 out of 5 stars

Consumer Staples Sector

88th out of 131 stocks

Beverages Industry

6th out of 12 stocks

3.3

Analyst's Opinion

Consensus Rating
Vita Coco has received a consensus rating of Moderate Buy. The company's average rating score is 2.57, and is based on 4 buy ratings, 3 hold ratings, and no sell ratings.
Amount of Analyst Coverage
Vita Coco has only been the subject of 4 research reports in the past 90 days.

1.0

Short Interest

Percentage of Shares Shorted
13.87% of the float of Vita Coco has been sold short.
Short Interest Ratio / Days to Cover
Vita Coco has a short interest ratio ("days to cover") of 6.9.
Change versus previous month
Short interest in Vita Coco has recently increased by 1.73%, indicating that investor sentiment is decreasing.

0.0

Dividend Strength

Dividend Yield
Vita Coco does not currently pay a dividend.
Dividend Growth
Vita Coco does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for COCO.

2.6

News and Social Media Coverage

News Sentiment
Vita Coco has a news sentiment score of 0.72. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a higher news sentiment than the 0.45 average news sentiment score of Consumer Staples companies.
News Coverage This Week
MarketBeat has tracked 7 news articles for Vita Coco this week, compared to 4 articles on an average week.
Search Interest
Only 19 people have searched for COCO on MarketBeat in the last 30 days. This is a decrease of -17% compared to the previous 30 days.
MarketBeat Follows
Only 10 people have added Vita Coco to their MarketBeat watchlist in the last 30 days. This is a decrease of 0% compared to the previous 30 days.

4.2

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Vita Coco insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $1,309,536.00 in company stock.
Percentage Held by Insiders
51.10% of the stock of Vita Coco is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
88.49% of the stock of Vita Coco is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

2.5

Earnings and Valuation

Earnings Growth
Earnings for Vita Coco are expected to grow by 17.39% in the coming year, from $0.92 to $1.08 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of Vita Coco is 29.28, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 140.34.
Price to Earnings Ratio vs. Sector
The P/E ratio of Vita Coco is 29.28, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 21.56.
Price to Earnings Growth Ratio
Vita Coco has a PEG Ratio of 1.92. PEG Ratios above 1 indicate that a company could be overvalued.
Price to Book Value per Share Ratio
Vita Coco has a P/B Ratio of 6.58. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

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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

30 days | 90 days | 365 days | Advanced Chart

COCO Stock News Headlines

April 6, 2024 | insidertrades.com

The Vita Coco Company, Inc. (NASDAQ:COCO) Chairman Michael Kirban Sells 6,900 Shares

March 26, 2024 | insidertrades.com

Insider Selling: The Vita Coco Company, Inc. (NASDAQ:COCO) Chairman Sells 2,562 Shares of Stock

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March 22, 2024 | insidertrades.com

The Vita Coco Company, Inc. (NASDAQ:COCO) Director Ira Liran Sells 13,998 Shares

March 22, 2024 | insidertrades.com

The Vita Coco Company, Inc. (NASDAQ:COCO) Chairman Sells $480,141.98 in Stock

April 17, 2024 | globenewswire.com

The Vita Coco Company to Report First Quarter 2024 Financial Results on May 1, 2024

April 17, 2024 | finance.yahoo.com

Zacks Industry Outlook Highlights Coca-Cola, PepsiCo, Monster Beverage, Keurig Dr Pepper and Vita Coco

April 14, 2024 | americanbankingnews.com

The Vita Coco Company, Inc. (NASDAQ:COCO) Receives Average Recommendation of "Moderate Buy" from Brokerages

April 18, 2024 | Gold Safe Exchange (Ad)

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Gold has already reached all-time highs, and experts believe it's not slowing down any time soon. In fact, some analysts predict a $7,000 price tag by 2025.

April 11, 2024 | msn.com

I'm Obsessed With This New Pink Drink That's Better Than Starbucks

April 11, 2024 | investorplace.com

Wall Street Favorites: 3 Consumer Stocks With Strong Buy Ratings for April 2024

April 11, 2024 | finance.yahoo.com

Beverages and Alcohol Stocks Q4 Results: Benchmarking Monster (NASDAQ:MNST)

April 10, 2024 | globenewswire.com

Treat Yourself with New Vita Coco Strawberries & Cream Treats™

April 9, 2024 | msn.com

Treat Yourself with New Vita Coco Strawberries & Cream Treats™

April 7, 2024 | nasdaq.com

Vita Coco Breaks Above 200-Day Moving Average - Bullish for COCO

April 7, 2024 | msn.com

29 Trendy Nordstrom Shoes That Are Perfect For Travel

April 4, 2024 | forbes.com

Alex Rodriguez: Humor, Storytelling Make Baseball Special

April 4, 2024 | finance.yahoo.com

Beverages and Alcohol Stocks Q4 Highlights: Boston Beer (NYSE:SAM)

April 4, 2024 | investorplace.com

The 3 Best Consumer Stocks to Buy in April 2024

April 3, 2024 | msn.com

Co-op bans item from stores in 'crackdown' and says others should do same

March 29, 2024 | msn.com

Alex Rodriguez’s net worth in 2024

March 29, 2024 | finance.yahoo.com

Why The 28% Return On Capital At Vita Coco Company (NASDAQ:COCO) Should Have Your Attention

March 18, 2024 | seekingalpha.com

Vita Coco: Strong Margin Expansion, And I Expect It To Continue Ahead

March 16, 2024 | finance.yahoo.com

COCO Oct 2024 12.500 put

March 16, 2024 | finance.yahoo.com

COCO Jul 2024 12.500 put

March 15, 2024 | msn.com

Is There A Difference Between Coconut Water And Coconut Juice?

March 15, 2024 | finance.yahoo.com

Insider Sell: COO Jonathan Burth Sells 45,000 Shares of The Vita Coco Co Inc (COCO)

See More Headlines

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Company Calendar

Last Earnings: 2/28/2024
Today: 4/17/2024
Next Earnings (Estimated): 5/01/2024
Fiscal Year End: 12/31/2024

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NASDAQ
Sector: Consumer Staples
Industry: Beverages
Sub-Industry: N/A
Current Symbol: NASDAQ:COCO
CUSIP: N/A
CIK: 1482981
Web: vitacoco.com
Phone: 212-206-0763
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: +26.9%
Consensus Rating: Moderate Buy
Rating Score (0-4): 2.57
Research Coverage: 7 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.80
Trailing P/E Ratio: 29.28
Forward P/E Ratio: 25.46
P/E Growth: 1.92
Net Income: $46.63 million
Net Margins: 9.45%
Pretax Margin: 11.73%
Return on Equity: 24.27%
Return on Assets: 17.26%

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: 3.18
Quick Ratio: 2.57

Sales & Book Value

Annual Sales: $493.61 million
Price / Sales: 2.70
Cash Flow: $0.76 per share
Price / Cash Flow: 30.92
Book Value: $3.56 per share
Price / Book: 6.58

Miscellaneous

Outstanding Shares: 56,930,000
Free Float: 27,838,000
Market Cap: $1.33 billion
Optionable: Optionable
Beta: 0.16

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Key Executives

Mr. Michael Kirban (Age 49)
Co-Founder, Executive Chairman & President
Comp: $559.55k
Mr. Martin F. Roper (Age 61)
CEO & Director
Comp: $559.55k
Mr. Ira Liran (Age 45)
Co-Founder & Director
Comp: $40k
Mr. Jonathan Burth (Age 43)
Chief Operating Officer
Comp: $448.75k
Mr. Charles van Es (Age 47)
Chief Sales Officer
Comp: $437.59k
Mr. Corey Baker (Age 52)
Chief Financial Officer
Ms. Rowena Ricalde (Age 43)
Chief Accounting Officer
Yolanda Goettsch
General Counsel & Secretary
Ms. Jane Prior (Age 46)
Chief Marketing Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

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 Wall Street analysts have issued 12 month target prices for Vita Coco's stock. Their COCO share price targets range from $28.00 to $33.00. On average, they predict the company's stock price to reach $29.71 in the next twelve months. This suggests a possible upside of 26.9% 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 at the beginning of 2024. Since then, COCO shares have decreased by 8.7% and is now trading at $23.42.
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 were Vita Coco's earnings last quarter?: The Vita Coco Company, Inc. (NASDAQ:COCO) announced its earnings results on Wednesday, February, 28th. The company reported $0.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.02. The business earned $106.10 million during the quarter, compared to the consensus estimate 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 firm's revenue was up 15.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 VegTech Plant-based Innovation & Climate ETF (EATV).Invesco Food & Beverage ETF (PBJ).
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 initial public offering (IPO) on Thursday, October 21st 2021. The company issued 11,500,000 shares at a price of $18.00-$21.00 per share.
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 4/18/2024 by MarketBeat.com Staff

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Vita Coco (COCO) Stock Price, News & Analysis

Vita Coco MarketRank™ Stock Analysis

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About Vita Coco Stock (NASDAQ:COCO)

COCO Stock Price History

COCO Stock News Headlines

Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Key Executives

Key Competitors

Insiders & Institutions

COCO Stock Analysis - Frequently Asked Questions

Overall MarketRank^™