NASDAQ:COCO

Vita Coco (COCO) Stock Price, News & Analysis

$26.00
-0.37 (-1.40%)
(As of 05/7/2024 ET)
Today's Range
$25.96
$26.99
50-Day Range
$23.08
$26.51
52-Week Range
$19.41
$33.29
Volume
472,753 shs
Average Volume
713,084 shs
Market Capitalization
$1.47 billion
P/E Ratio
28.26
Dividend Yield
N/A
Price Target
$29.67

Vita Coco MarketRank™ Stock Analysis

Analyst Rating
Moderate Buy
2.57 Rating Score
Upside/​Downside
14.1% Upside
$29.67 Price Target
Short Interest
Bearish
14.81% of Float Sold Short
Dividend Strength
N/A
Sustainability
N/A
News Sentiment
0.78mentions of Vita Coco in the last 14 days
Based on 27 Articles This Week
Insider Trading
Selling Shares
$1.31 M Sold Last Quarter
Proj. Earnings Growth
13.73%
From $1.02 to $1.16 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.

2.28 out of 5 stars

Consumer Staples Sector

92nd out of 134 stocks

Beverages Industry

7th 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 Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
The Gold Grab of the Century
When central banks buy gold… The rich buy right along with them. And central banks are buying at breakneck pace. Last year… 1,037 tons. Just 45 tons less than the record set two years ago.
Q1 2024 Vita Coco Company Inc Earnings Call
Why Vita Coco (COCO) Stock Is Up Today
Vita Coco Q1 2024 Earnings Preview
7 Diamond-in-the-Rough Stocks Worth Digging Up Now
Vita Coco (COCO) to Release Earnings on Wednesday
COCO The Vita Coco Company, Inc.
BIZ BUZZ: More coconuts for MVP
See More Headlines
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Company Calendar

Last Earnings
5/01/2024
Today
5/08/2024
Next Earnings (Estimated)
8/07/2024
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
$29.67
High Stock Price Target
$33.00
Low Stock Price Target
$28.00
Potential Upside/Downside
+14.1%
Consensus Rating
Moderate Buy
Rating Score (0-4)
2.57
Research Coverage
7 Analysts

Profitability

Net Income
$46.63 million
Pretax Margin
13.60%

Debt

Sales & Book Value

Annual Sales
$493.61 million
Cash Flow
$0.76 per share
Book Value
$3.56 per share

Miscellaneous

Free Float
37,298,000
Market Cap
$1.47 billion
Optionable
Optionable
Beta
0.18
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Key Executives


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 targets for Vita Coco's shares. Their COCO share price targets range from $28.00 to $33.00. On average, they expect the company's share price to reach $29.67 in the next twelve months. This suggests a possible upside of 14.1% 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 shares have increased by 1.4% and is now trading at $26.00.
View the best growth stocks for 2024 here
.

Are investors shorting Vita Coco?

Vita Coco saw a increase in short interest during the month of April. As of April 15th, there was short interest totaling 5,670,000 shares, an increase of 7.0% from the March 31st total of 5,300,000 shares. Based on an average daily trading volume, of 681,300 shares, the days-to-cover ratio is currently 8.3 days. Currently, 14.8% of the company's stock are sold short.
View Vita Coco's Short Interest
.

When is Vita Coco's next earnings date?

The company is scheduled to release its next quarterly earnings announcement on Wednesday, August 7th 2024.
View our COCO earnings forecast
.

How were Vita Coco's earnings last quarter?

The Vita Coco Company, Inc. (NASDAQ:COCO) posted its earnings results on Wednesday, May, 1st. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.19 by $0.05. The firm earned $112 million during the quarter, compared to analysts' expectations of $111.72 million. Vita Coco had a trailing twelve-month return on equity of 26.27% and a net margin of 10.93%. Vita Coco's revenue for the quarter was up 2.0% on a year-over-year basis. During the same period last year, the business posted $0.12 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) and VegTech Plant-based Innovation & Climate ETF (EATV).Putnam Sustainable Future ETF (PFUT).

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

Vita Coco issued an update on its FY 2024 earnings guidance on Wednesday, May, 1st. The company provided EPS guidance of for the period. The company issued revenue guidance of $500.0 million-$510.0 million, compared to the consensus revenue estimate of $503.4 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 a price of $18.00-$21.00 per share.

Who are Vita Coco's major shareholders?

Vita Coco's stock is owned by a number of institutional and retail investors. Top institutional shareholders include Wasatch Advisors LP (0.70%), AMI Asset Management Corp (0.31%), Swiss National Bank (0.13%), Oak Ridge Investments LLC (0.13%), GSA Capital Partners LLP (0.07%) and Sei Investments Co. (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 5/8/2024 by MarketBeat.com Staff

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