Vita Coco (COCO) Stock Price, News & Analysis

Company Overview

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.

Key Stats

• Today's Range: $35.09 to $36.84
• 50-Day Range: $26.27 to $35.61
• 52-Week Range: $19.41 to $36.84
• Volume: 951,694 shs
• Average Volume: 620,717 shs
• Market Capitalization: $2.09 billion
• P/E Ratio: 37.17
• Dividend Yield: N/A
• Price Target: $31.00
• Consensus Rating: Moderate Buy

Vita Coco Stock Analysis - MarketRank™

Vita Coco scored higher than 28% of companies evaluated by MarketBeat, and ranked 122nd out of 138 stocks in the consumer staples sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: 1.3 / 5
• Analyst Rating: Moderate Buy

Consensus Rating

Vita Coco has received a consensus rating of Moderate Buy. The company's average rating score is 2.63, and is based on 5 buy ratings, 3 hold ratings, and no sell ratings.

Amount of Analyst Coverage

Vita Coco has only been the subject of 1 research reports in the past 90 days.

Earnings and Valuation

• Score: 1.9 / 5
• Proj. Earnings Growth: 8.41%

Earnings Growth

Earnings for Vita Coco are expected to grow by 8.41% in the coming year, from $1.07 to $1.16 per share.

Price to Earnings Ratio vs. the Market

The P/E ratio of Vita Coco is 37.17, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 134.38.

Price to Earnings Ratio vs. Sector

The P/E ratio of Vita Coco is 37.17, which means that it is trading at a more expensive P/E ratio than the Consumer Staples sector average P/E ratio of about 23.97.

Price to Earnings Growth Ratio

Vita Coco has a PEG Ratio of 2.22. 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 10.34. P/B Ratios above 3 indicate that a company could be overvalued with respect to its assets and liabilities.

Short Interest

• Score: 0.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

16.06% 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 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Vita Coco has recently increased by 9.22%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Vita Coco does not currently pay a dividend.

Dividend Growth

Vita Coco does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

16.06% 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 12.6, which indicates bearish sentiment.

Change versus previous month

Short interest in Vita Coco has recently increased by 9.22%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 2.5 / 5
• News Sentiment: 0.50

News Sentiment

Vita Coco has a news sentiment score of 0.50. 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 lower news sentiment than the 0.64 average news sentiment score of Consumer Staples companies.

News Coverage This Week

MarketBeat has tracked 8 news articles for Vita Coco this week, compared to 5 articles on an average week.

Search Interest

7 people have searched for COCO on MarketBeat in the last 30 days. This is an increase of 133% compared to the previous 30 days.

MarketBeat Follows

Only 2 people have added Vita Coco to their MarketBeat watchlist in the last 30 days. This is a decrease of -50% compared to the previous 30 days.

Company Ownership

• Score: 4.2 / 5
• Insider Trading: Selling Shares

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 $1,669,873.00 in company stock.

Percentage Held by Insiders

34.20% 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.

COCO Stock Analysis - Frequently Asked Questions

How have COCO shares performed this year?

Vita Coco's stock was trading at $25.65 on January 1st, 2024. Since then, COCO stock has increased by 43.5% and is now trading at $36.80.
View the best growth stocks for 2024 here.

How were Vita Coco's earnings last quarter?

The Vita Coco Company, Inc. (NASDAQ:COCO) released its quarterly earnings data on Wednesday, October, 30th. The company reported $0.32 earnings per share for the quarter, topping analysts' consensus estimates of $0.26 by $0.06. The firm's revenue for the quarter was down 3.6% on a year-over-year basis.

When did Vita Coco IPO?

Vita Coco (COCO) raised $224 million in an initial public offering 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 top institutional investors include Wasatch Advisors LP (4.23%), FMR LLC (2.77%), Loomis Sayles & Co. L P (2.17%) and Champlain Investment Partners LLC (1.98%). Insiders that own company stock include Beverages Sa Verlinvest, Eric Melloul, Ira Liran, Michael Kirban, Kenneth Sadowsky, Jane Prior, Jonathan Burth, Es Charles Van, Rowena Ricalde, Kevin Benmoussa and John Zupo.
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.

What other stocks do shareholders of Vita Coco own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Vita Coco investors own include NVIDIA (NVDA), Broadcom (AVGO), Meta Platforms (META), e.l.f. Beauty (ELF), ServiceNow (NOW), Arista Networks (ANET) and Disc Medicine (IRON).

Company Calendar

• Last Earnings: 10/30/2024
• Today: 11/21/2024
• Fiscal Year End: 12/31/2024
• Next Earnings (Estimated): 2/26/2025

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: $31.00
• High Stock Price Target: $36.00
• Low Stock Price Target: $28.00
• Potential Upside/Downside: -15.8%
• Consensus Rating: Moderate Buy
• Rating Score (0-4): 2.63
• Research Coverage: 8 Analysts

Profitability

• EPS (Most Recent Fiscal Year): $0.99
• Trailing P/E Ratio: 37.17
• Forward P/E Ratio: 34.39
• P/E Growth: 2.22
• Net Income: $46.63 million
• Net Margins: 11.99%
• Pretax Margin: 15.58%
• Return on Equity: 26.49%
• Return on Assets: 18.98%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 3.28
• Quick Ratio: 2.64

Sales & Book Value

• Annual Sales: $494.86 million
• Price / Sales: 4.22
• Cash Flow: $0.84 per share
• Price / Cash Flow: 43.79
• Book Value: $3.56 per share
• Price / Book: 10.34

Miscellaneous

• Outstanding Shares: 56,732,000
• Free Float: 37,330,000
• Market Cap: $2.09 billion
• Optionable: Optionable
• Beta: 0.22