The Vita Coco Company, Inc. (COCO)

NASDAQ: COCO · IEX Real-Time Price · USD
21.37
-0.38 (-1.75%)
At close: Feb 20, 2024, 4:00 PM
21.44
+0.07 (0.33%)
After-hours: Feb 20, 2024, 6:16 PM EST
-1.75%
Market Cap 1.21B
Revenue (ttm) 479.46M
Net Income (ttm) 37.05M
Shares Out 56.76M
EPS (ttm) 0.64
PE Ratio 33.39
Forward PE 25.14
Dividend n/a
Ex-Dividend Date n/a
Volume 667,746
Open 21.75
Previous Close 21.75
Day's Range 21.15 - 21.79
52-Week Range 14.55 - 33.29
Beta 0.01
Analysts Buy
Price Target 28.63 (+33.97%)
Earnings Date Feb 28, 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, and the Asia Pacific. The company offers coconut oil and coconut milk; juice, hydration mix, and milk; sparkling water; 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. The company distributes its products through club, food, drug... [Read more]

IPO Date Oct 21, 2021
Employees 269
Stock Exchange NASDAQ
Ticker Symbol COCO
Full Company Profile

Financial Performance

In 2022, COCO's revenue was $427.79 million, an increase of 12.72% compared to the previous year's $379.51 million. Earnings were $7.81 million, a decrease of -58.91%.

Financial Statements

Analyst Forecast

According to 9 analysts, the average rating for COCO stock is "Buy." The 12-month stock price forecast is $28.63, which is an increase of 33.97% from the latest price.

Price Target
$28.63
(33.97% upside)
Analyst Consensus: Buy
Stock Forecasts

News

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...

6 days 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...

13 days 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
14 days 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...

3 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...

3 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.

3 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%

4 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...

4 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...

5 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...

6 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

6 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...

6 months ago - GlobeNewsWire

Sipping On Success: Vita Coco Stock Setting Up For A Fresh Rally?

It also supplies private-label products to key retailers in the coconut water and coconut oil categories, and has a deal with Diageo plc NYSE: DEO for a canned, ready-to-drink cocktail, Vita Coco Spik...

6 months ago - MarketBeat

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%

7 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.

8 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
8 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

9 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...

9 months 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 ...

9 months ago - GlobeNewsWire

Vita Coco upsizes secondary offering to 5 million shares from 4.5 million, prices at a discount of $23 each

The Vita Coco Co. Inc.'s COCO, +7.04% stock fell 2% in premarket trade Wednesday, after the maker of coconut water upsized and priced a secondary offering by shareholder Verlinvest Beverages SA. The s...

9 months ago - Market Watch

The Vita Coco Company, Inc. Announces Upsizing and Pricing of Secondary Offering of Common Stock by Selling Stockholder

NEW YORK, May 24, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (Nasdaq: COCO) (“Vita Coco Company”), a leading high-growth platform of better-for-you beverage brands, today announced the upsiz...

9 months ago - GlobeNewsWire

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

NEW YORK, May 22, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (Nasdaq: COCO) (“Vita Coco Company”), a leading high-growth platform of better-for-you beverage brands, today announced that an e...

9 months ago - GlobeNewsWire

The Vita Coco Company Reports First Quarter 2023 Financial Results

First Quarter Net Sales Increased 14% to $110 million Driven by Vita Coco Coconut Water Growth of 17% on Strong Mid-teens Volume Growth

10 months ago - GlobeNewsWire

You Can Grow Coconut Trees and Harvest Coconuts with Vita Coco's New Experience “The Coconut Grove” on Roblox

Vita Coco is matching coconut seedlings planted by visitors in new virtual experience Vita Coco is matching coconut seedlings planted by visitors in new virtual experience

10 months ago - GlobeNewsWire

Vita Coco Proudly Announces “Seedlings for Sustainability” Initiative with Partners the Arbor Day Foundation, HOPE and Silvermill Foundation

Vita Coco expands reforestation efforts with commitment to distributing and planting up to 10 million seedlings and trees across the globe by 2030 Vita Coco expands reforestation efforts with commitme...

11 months ago - GlobeNewsWire