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Vita Coco Company (COCO)
NASDAQ:COCO
Vita Coco Company (COCO) Stock Price & Analysis
275 Followers
COCO Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$19.41 - $33.29
Previous Close$26.51
Volume636.31K
Average Volume (3M)674.69K
Market Cap
$1.50B
Enterprise Value$1.41B
Total Cash (Recent Filing)$94.89M
Total Debt (Recent Filing)$30.00K
Price to Earnings (P/E)28.9
Beta1.20
Next Earnings
Aug 07, 2024EPS Estimate
$0.3Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)0.92
Shares Outstanding56,929,302
10 Day Avg. Volume692,061
30 Day Avg. Volume674,688
Standard Deviation0.16
R-Squared0.00326
Alpha0.03
Financial Highlights & Ratios
Price to Book (P/B)7.65
Price to Sales (P/S)3.52
Price to Cash Flow (P/CF)10.00
P/FCF Ratio10.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue3.63
Enterprise Value/Gross Profit13.62
Enterprise Value/Ebitda28.38
Forecast
1Y Price Target
$29.20Price Target Upside10.15% Upside
Rating ConsensusStrong Buy
Number of Analyst Covering7
Vita Coco Company News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceStrong gross margin expansion led to a sizable EPS beat.
Future OutlookManagement raised its FY24 net sales guidance, reflecting confidence in continued business growth.
Market PositionStrong business momentum is supported by expanded distribution and a strong pipeline of innovation, enhancing Vita Coco Co.'s market position.
Bears Say
Financial PerformanceCOCO expects FY24 to be an off-algorithm year for sales and adj. EBITDA due to the transition out of private label oil business and higher ocean freight rates.
Margin CompressionRates to and from the US rose significantly due to supply shocks, compressing gross margin by a substantial amount.
Revenue ImpactCOCO is exiting some private label coconut oil business, which appears to be the largest percentage of the hit to 2024 revenue.
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Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
COCO FAQ
What was Vita Coco Company’s price range in the past 12 months?
Vita Coco Company lowest stock price was $19.41 and its highest was $33.29 in the past 12 months.
What is Vita Coco Company’s market cap?
Currently, no data Available
When is Vita Coco Company’s upcoming earnings report date?
Vita Coco Company’s upcoming earnings report date is Aug 07, 2024 which is in 95 days.
How were Vita Coco Company’s earnings last quarter?
Vita Coco Company released its earnings results on May 01, 2024. The company reported $0.24 earnings per share for the quarter, beating the consensus estimate of $0.179 by $0.061.
Is Vita Coco Company overvalued?
According to Wall Street analysts Vita Coco Company’s price is currently Undervalued.
Does Vita Coco Company pay dividends?
Vita Coco Company does not currently pay dividends.
What is Vita Coco Company’s EPS estimate?
Vita Coco Company’s EPS estimate is $0.3.
How many shares outstanding does Vita Coco Company have?
Vita Coco Company has 56,683,994 shares outstanding.
What happened to Vita Coco Company’s price movement after its last earnings report?
Vita Coco Company reported an EPS of $0.24 in its last earnings report, beating expectations of $0.179. Following the earnings report the stock price went up 7.921%.
Which hedge fund is a major shareholder of Vita Coco Company?
Among the largest hedge funds holding Vita Coco Company’s share is Gilder Gagnon Howe & Co LLC.. It holds Vita Coco Company’s shares valued at 34M.
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Vita Coco Company Stock Smart Score
Neutral
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Analyst Consensus
Strong Buy
Average Price Target:
$29.20 (10.15% Upside)
$29.20 (10.15% Upside)
Blogger Sentiment
Bullish
COCO Sentiment 88%
Sector Average 67%
Sector Average 67%
Hedge Fund Trend
Decreased
By 324.7K Shares
Last Quarter.
Last Quarter.
Insider Transactions
Sold Shares
Worth $200.3K over
the Last 3 Months
the Last 3 Months
Crowd Wisdom
Positive
Last 7 Days ▲ 1.5%
Last 30 Days ▲ 1.9%
Last 30 Days ▲ 1.9%
News Sentiment
Very Bullish
Bullish news 100%
Bearish news 0%
Bearish news 0%
Technicals
SMA
Negative
20 days / 200 days
Momentum
12.23%
12-Months-Change
Fundamentals
Return on Equity
30.14%
Trailing 12-Months
Asset Growth
39.25%
Trailing 12-Months
Company Description
Vita Coco Company
The Vita Coco Co Inc is a plant-based functional hydration platform. Its products include Vita Coco Coconut Water, Private Label including coconut water and oil, and Other including Runa and Ever & Ever product offerings, Vita Coco product extensions beyond coconut water, such as Vita Coco Sparkling, coconut milk products, and others.
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COCO Company Deck
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COCO Earnings Call
Q1 2024
0:00 / 0:00
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COCO Stock 12 Months Forecast
Average Price Target
$29.20
▲(10.15% Upside)
Technical Analysis
Best Analysts Covering COCO
1 Year
1 Year Success Rate
7/8 ratings generated profit
1 Year Average Return
+8.94%
reiterated a buy rating 4 days ago
Copying Eric Des Lauriers's trades and holding each position for 1 Year would result in 87.50% of your transactions generating a profit, with an average return of +8.94% per trade.
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