The Vita Coco Company, Inc. (COCO)
| Market Cap | 2.09B |
| Revenue (ttm) | 494.86M |
| Net Income (ttm) | 59.36M |
| Shares Out | 56.73M |
| EPS (ttm) | 1.00 |
| PE Ratio | 36.78 |
| Forward PE | 34.18 |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 951,648 |
| Open | 35.54 |
| Previous Close | 35.48 |
| Day's Range | 35.09 - 36.84 |
| 52-Week Range | 19.41 - 36.84 |
| Beta | 0.22 |
| Analysts | Buy |
| Price Target | 31.00 (-15.76%) |
| Earnings Date | Oct 30, 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]
Financial Performance
In 2023, The Vita Coco Company'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 StatementsAnalyst Forecast
According to 7 analysts, the average rating for COCO stock is "Buy." The 12-month stock price forecast is $31.0, which is a decrease of -15.76% from the latest price.
News
The Vita Coco Company, Inc. (COCO) Q3 2024 Earnings Call Transcript
The Vita Coco Company, Inc. (COCO Q3 2024 Results Conference Call October 30, 2024 8:30 AM ET Company Participants Alex Liscum - Vice President, Investor Relations, ICR Mike Kirban - Executive Chairma...
The Vita Coco Company to Report Third Quarter 2024 Financial Results on October 30, 2024
NEW YORK, Oct. 16, 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...
Vita Coco Launches Growing Roots Grant Program
Program intends to empower communities and promote equitable opportunities for long-term community prosperity Program intends to empower communities and promote equitable opportunities for long-term c...
Vita Coco and Strava Team Up to Keep Runners Motivated & Hydrated Ahead of Marathon
For every mile run through race day in Strava, Vita Coco will donate $1 to &Mother in support of mom-athletes For every mile run through race day in Strava, Vita Coco will donate $1 to &Mother in supp...
Becky G and Vita Coco Build New Greenspace in Inglewood, California
New greenspace at Becky G's elementary school enhances learning, wellness, and community connections New greenspace at Becky G's elementary school enhances learning, wellness, and community connection...
The Vita Coco Company, Inc. (COCO) Q2 2024 Earnings Call Transcript
The Vita Coco Company, Inc. (NASDAQ:COCO) Q2 2024 Earnings Conference Call July 31, 2024 8:30 AM ET Company Participants John Mills - Managing Partner at ICR Michael Kirban - Co founder, Executive Ch...
Vita Coco: Freight Issues Create Expected Q2 Profitability Hiccup
The Vita Coco Company, Inc.'s Q2 results are expected to show moderate growth once again, but pressured margins due to temporarily high and turbulent freight costs. The 2024 hiccup in growth created b...
The Vita Coco Company to Participate in the 4th Annual Evercore ISI Consumer and Retail Conference
NEW YORK, May 30, 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 ...
Vita Coco Co.: Business Could Beat FY24 Guidance
Vita Coco stock is recommended as a buy due to expected growth acceleration and margin expansion. The company reported earnings growth of 1.8% and beat gross margin expectations. Management raised FY2...
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%
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...
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
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...
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 ...
Vita Coco: Strong Margin Expansion, And I Expect It To Continue Ahead
Vita Coco Company has achieved strong top line growth, driven by volume-driven sales of Vita Coco Coconut Water. Gross margins have significantly expanded, leading to an increase in EBIT margin. While...
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.
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%
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...
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...
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.
Quenching Investor Thirst: Vita Coco's Impressive Growth
Vita Coco has provided an impressive return of 81.04% since its IPO in 2021. The company has consistently exceeded EPS expectations for six quarters and is projected to triple its EPS in FY 2023. Vita...
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...
Vita Coco: Private Label Customer Comes Crawling Back (Upgrade)
Vita Coco continued its recent trend of raising guidance throughout the year. The return of a major private label customer is a big win for COCO after last quarter it appeared the company had lost thi...
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...
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.