The Vita Coco Company, Inc. (COCO)

NASDAQ: COCO · IEX Real-Time Price · USD
26.51
+0.05 (0.19%)
May 3, 2024, 4:00 PM EDT - Market closed
0.19%
Market Cap 1.50B
Revenue (ttm) 495.55M
Net Income (ttm) 54.16M
Shares Out 56.68M
EPS (ttm) 0.92
PE Ratio 28.82
Forward PE 28.31
Dividend n/a
Ex-Dividend Date n/a
Volume 623,554
Open 26.84
Previous Close 26.46
Day's Range 26.26 - 27.02
52-Week Range 19.41 - 33.29
Beta 0.15
Analysts Buy
Price Target 29.13 (+9.88%)
Earnings Date May 1, 2024

About 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 foodse... [Read more]

IPO Date Oct 21, 2021
Employees 294
Stock Exchange NASDAQ
Ticker Symbol COCO
Full Company Profile

Financial Performance

In 2023, COCO's revenue was $493.61 million, an increase of 15.39% compared to the previous year's $427.79 million. Earnings were $46.63 million, an increase of 496.74%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for COCO stock is "Buy." The 12-month stock price forecast is $29.13, which is an increase of 9.88% from the latest price.

Price Target
$29.13
(9.88% upside)
Analyst Consensus: Buy
Stock Forecasts

News

The Vita Coco Company Reports First Quarter 2024 Financial Results

First Quarter Net Sales Increased 2% to $112 million With Vita Coco Coconut Water Growth of 1%

3 days ago - GlobeNewsWire

The Vita Coco Company Releases Third-Annual Impact Report

The report covers The Vita Coco Company's Environmental, Social and Governance (ESG) strategy and provides an update on its impact progress during 2023 and into the first quarter of 2024 The report co...

10 days ago - GlobeNewsWire

The Vita Coco Company Announces the Formation of The Vita Coco Community Foundation

The Foundation will focus on empowering communities globally to thrive for future generations The Foundation will focus on empowering communities globally to thrive for future generations

11 days ago - GlobeNewsWire

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

NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announce...

17 days ago - GlobeNewsWire

Treat Yourself with New Vita Coco Strawberries & Cream Treats™

NEW YORK, April 10, 2024 (GLOBE NEWSWIRE) -- Every now and then, we all deserve a little treat, and The Vita Coco Company (NASDAQ: COCO) has just what you need. Its flagship coconut water brand, Vita ...

24 days ago - GlobeNewsWire

Vita Coco Co-Founder Michael Kirban talks building a billion-dollar coconut water brand

Hosted by Brian Sullivan, “Last Call” is a fast-paced, entertaining business show that explores the intersection of money, culture and policy. Tune in Monday through Friday at 7 p.m.

7 weeks ago - CNBC Television

The Vita Coco Company Reports Fourth Quarter and Full Year 2023 Financial Results

Full Year Net Sales Increased 15% to $494 million Driven by Vita Coco Coconut Water Growth of 14%

2 months ago - GlobeNewsWire

The Vita Coco Company to Report Fourth Quarter and Full Year 2023 Financial Results on February 28, 2024

NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced...

2 months ago - GlobeNewsWire

Vita Coco Offers Free Hangover Recovery Nationwide on Monday after the Big Game

Consumers nationwide can score free Vita Coco Coconut Water anywhere they shop on Feb. 12 after the Big Game, one of the most hungover days of the year Consumers nationwide can score free Vita Coco Co...

3 months ago - GlobeNewsWire

Top 5 Risk Off Stocks That Could Lead To Your Biggest Gains In Q1 - Vita Coco (NASDAQ:COCO), Archer-Daniels Midland (NYSE:ADM)

The most oversold stocks in the consumer staples sector presents an opportunity to buy into undervalued companies.

Other symbols: ADMFDPGOMGPI
3 months ago - Benzinga

The Vita Coco Company to Participate in the Morgan Stanley Global Consumer and Retail Conference

NEW YORK, Nov. 27, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced...

5 months ago - GlobeNewsWire

The Vita Coco Company, Inc. Announces Secondary Offering of Common Stock

NEW YORK, Nov. 06, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (“ Vita Coco Company ” or the “ Company ”) (Nasdaq: COCO), a leading high-growth platform of better-for-you beverage brands, tod...

6 months ago - GlobeNewsWire

Vita Coco CEO touts being 'the 7th best performing IPO since 2021'

This segment originally aired on November 1, 2023. Shares of Vita Coco (COCO) are up more than 170% over the past 12 months.

6 months ago - Yahoo Finance

The Vita Coco Company Reports Third Quarter 2023 Financial Results

Third Quarter Net Sales Increased 11% to $138MM ; Year-To-Date Net Sales Grew 15%

6 months ago - GlobeNewsWire

The Vita Coco Company to Report Third Quarter 2023 Financial Results on October 31, 2023

NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced...

7 months ago - GlobeNewsWire

Vita Coco Announces Partnership with Global Superstar Becky G Ahead of her Landmark U.S. ‘Mi Casa, Tu Casa' Tour

Multi-year partnership with award-winning singer to include activations around her tour, new album, and impact programming focused on Latin communities in U.S. Multi-year partnership with award-winnin...

8 months ago - GlobeNewsWire

This World Coconut Day, Visit “The Coconut Grove” from Vita Coco on Roblox for a New Giant Coconut, Fun Prizes, and To Give Back to Farming Communities

For every coconut seedling planted in The Coconut Grove, Vita Coco will donate $1 towards its Seedlings for Sustainability efforts in Brazil For every coconut seedling planted in The Coconut Grove, Vi...

8 months ago - GlobeNewsWire

Vita Coco is Giving You Two Ways to Recover After Labor Day Weekend with Exclusive Offers via DoorDash

Vita Coco delivering coconut-fueled hangover deals from The Hangover Shop™ and Bluestone Lane Vita Coco delivering coconut-fueled hangover deals from The Hangover Shop™ and Bluestone Lane

8 months ago - GlobeNewsWire

Vita Coco Announces Expansion of Social Impact Program, The Vita Coco Project, to Brazil

Through partnership with Brazilian environmental nonprofit Apremavi, Company reaffirms commitment to making a positive impact on the world Through partnership with Brazilian environmental nonprofit Ap...

9 months ago - GlobeNewsWire

The Vita Coco Company Reports Second Quarter 2023 Financial Results

Second Quarter Net Sales Increased 21% to $140MM ; Year-To-Date Net Sales grew 18%

9 months ago - GlobeNewsWire

20 Stocks That Look Like They're in Bubble Territory Right Now

Stocks that are difficult to sell short are likely to be overvalued, a new study finds. These fit the bill.

11 months ago - Barrons

No Passport Needed: Vita Coco Spiked with Captain Morgan is Bringing the Tropics to U.S. Cities All Summer Long, from the Concrete Jungle of NYC to the Southern Coast of California - with just the Crack of a Can

Captain Morgan and Vita Coco Tap Tropical Superstars Sean Paul, Myke Towers and Shenseea to Serve Up Everything You Love About the Tropics, Especially the Drinks  NEW YORK , June 15, 2023 /PRNewswire/...

Other symbols: DEO
11 months ago - PRNewsWire

Vita Coco Partners with Bluestone Lane to Launch New Coconut Water Cold Brew

Go-to summer refreshment available nationwide exclusively at Bluestone Lane cafés and coffee shops Go-to summer refreshment available nationwide exclusively at Bluestone Lane cafés and coffee shops

11 months ago - GlobeNewsWire

The Vita Coco Company to Participate in Upcoming Investor Conferences

NEW YORK, June 02, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ: COCO) (“Vita Coco” or the “Company”), a leading high-growth platform of better-for-you beverage brands, today announced...

1 year ago - GlobeNewsWire

Vita Coco is Shaking Up The Hamptons This Summer

Summer has never tasted better than with Vita Coco's new refreshing cocktails, now on The Hamptons hot spot menus Summer has never tasted better than with Vita Coco's new refreshing cocktails, now on ...

1 year ago - GlobeNewsWire