The Vita Coco Company, Inc. (COCO)

NASDAQ: COCO · IEX Real-Time Price · USD
12.45
+0.72 (6.14%)
Oct 4, 2022 11:34 AM EDT - Market open
6.14%
Market Cap 692.89M
Revenue (ttm) 414.01M
Net Income (ttm) 12.94M
Shares Out 55.65M
EPS (ttm) 0.22
PE Ratio 56.59
Forward PE 19.88
Dividend n/a
Ex-Dividend Date n/a
Volume 35,487
Open 12.05
Previous Close 11.73
Day's Range 12.05 - 12.53
52-Week Range 7.51 - 18.61
Beta n/a
Analysts Buy
Price Target 14.79 (+18.8%)
Earnings Date Aug 10, 2022

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; Hydration Drink Mix, a powdered form of flavored coconut water; sparkling water; Runa, a plant-based energy drink; purified water under the Ever & Ever brand name; and PWR LIFT, a protein-infused fitness drink. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodser... [Read more...]

Industry Beverages-Non-Alcoholic
IPO Date Oct 21, 2021
Employees 281
Stock Exchange NASDAQ
Ticker Symbol COCO
Full Company Profile

Financial Performance

In 2021, COCO's revenue was $379.51 million, an increase of 22.17% compared to the previous year's $310.64 million. Earnings were $19.02 million, a decrease of -41.78%.

Financial Statements

Analyst Forecast

According to 13 analysts, the average rating for COCO stock is "Buy." The 12-month stock price forecast is 14.79, which is an increase of 18.80% from the latest price.

Price Target
$14.79
(18.80% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Vita Coco Partners with Beautiful Destinations to Celebrate Coconut Farming Communities on World Coconut Day

New video that illustrates the Vita Coco Project debuts alongside social media campaign to generate support for coconut farming communities in Southeast Asia New video that illustrates the Vita Coco Pro...

1 month ago - GlobeNewsWire

The Vita Coco Company Reports Second Quarter 2022 Financial Results

Second Quarter Net Sales Increased +13% to $115 million; For The First Six Months, Net Sales grew +19%

1 month ago - GlobeNewsWire

COCO vs. BROS: Which Stock Is the Better Value Option?

COCO vs. BROS: Which Stock Is the Better Value Option?

Other symbols: BROS
2 months ago - Zacks Investment Research

The Vita Coco Company to Report Second Quarter 2022 Financial Results on August 10, 2022

NEW YORK, July 22, 2022 (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 t...

2 months ago - GlobeNewsWire

Vita Coco stock soars after upgrade on expectations for decline in ocean freight costs

Vita Coco Co. COCO, +15.91% stock soared 16% in Friday trading after the coconut water company was upgraded to buy from neutral at Bank of America. Analysts raised their price objective to $12 from $10.

2 months ago - Market Watch

Everything is Bigger in Texas, including The World's Biggest Coconut Experience by Vita Coco

Limited-time experience pops up in Bishop Arts District July 22-24 to celebrate Vita Coco's new Coconut Juice Limited-time experience pops up in Bishop Arts District July 22-24 to celebrate Vita Coco's ...

2 months ago - GlobeNewsWire

Vita Coco partners with Diageo amid growing competition in the canned cocktail category

A partnership between Vita Coco Co. Inc. and Diageo is the latest addition to the canned cocktail craze that's mixing hard liquor with soft drinks and other beverages.

Other symbols: DEO
2 months ago - Market Watch

The Vita Coco Company Announces CFO Transition

CFO Kevin Benmoussa Intends to Step Down August 31 CFO Kevin Benmoussa Intends to Step Down August 31

3 months ago - GlobeNewsWire

The Vita Coco Company Appoints Aishetu Fatima Dozie to Board of Directors

Bossy Cosmetics founder and CEO joins the board as The Vita Coco Company continues to build beverage company of the future Bossy Cosmetics founder and CEO joins the board as The Vita Coco Company contin...

3 months ago - GlobeNewsWire

UPDATE -- Vita Coco Introduces Coconut Juice, its Biggest and Boldest Coconut Water Yet

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Leading coconut water brand Vita Coco  (NASDAQ: COCO) is transporting your tastebuds to the tropics with the launch of its boldest-flavored coconut water yet....

4 months ago - GlobeNewsWire

Vita Coco Introduces Coconut Juice, its Biggest and Boldest Coconut Water Yet

NEW YORK, June 02, 2022 (GLOBE NEWSWIRE) -- Leading coconut water brand Vita Coco is transporting your tastebuds to the tropics with the launch of its boldest-flavored coconut water yet. Vita Coco Cocon...

4 months ago - GlobeNewsWire

What Crash? 10 Stocks to Buy That Are Gaining Momentum

Although most market segments are hurting from the recent downfall, a few names have enjoyed surprisingly robust momentum. The post What Crash?

4 months ago - InvestorPlace

The Vita Coco Company Reports First Quarter 2022 Financial Results

First Quarter Net Sales Increased 28% to $96 Million

4 months ago - GlobeNewsWire

The Vita Coco Company to Participate in Upcoming Investor Conferences

NEW YORK, May 09, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced today that members of its manageme...

4 months ago - GlobeNewsWire

The Vita Coco Company Announces Leadership Title Changes

NEW YORK, May 02, 2022 (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 new...

5 months ago - GlobeNewsWire

The Vita Coco Company to Report First Quarter 2022 Financial Results on May 11, 2022

NEW YORK, April 25, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial re...

5 months ago - GlobeNewsWire

4 Non-Cyclical Stocks With High Returns

Investors may want to consider the following non-cyclical stocks as their earnings yields (as calculated by Joel Greenblatt (Trades, Portfolio)'s method) are outperforming the 20-year high-quality marke...

Other symbols: IBANATROGE
6 months ago - GuruFocus

PWR LIFT Partners with DEKA FIT as Official Protein Water for 2022 Races

New Protein Infused Water from The Vita Coco Company Will Support Active Recovery for DEKA FIT Athletes in 2022 New Protein Infused Water from The Vita Coco Company Will Support Active Recovery for DEKA...

6 months ago - GlobeNewsWire

Vita Coco stock slumps as freight costs take a toll

Vita Coco Co. COCO, -16.87% stock slumped 17% in Thursday trading after the coconut water maker swung to a fourth-quarter loss. Net loss totaled $3.4 million, or 6 cents per share, after net income of $...

6 months ago - Market Watch

The Vita Coco Company Reports Fourth Quarter and Full Year 2021 Financial Results

Record Full Year Net Sales Increased 22% to $380 million driven by Vita Coco Coconut Water Growth of 39%

6 months ago - GlobeNewsWire

Vita Coco Teams Up with The Big Ten Conference, Big Ten Network

Coconut water brand expands presence and consumer base across the nation Coconut water brand expands presence and consumer base across the nation

6 months ago - GlobeNewsWire

The Vita Coco Company to Report Fourth Quarter and Full Year 2021 Financial Results on March 10, 2022

NEW YORK, Feb. 17, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial res...

7 months ago - GlobeNewsWire

Vita Coco Wants to Tackle Your Hangover for the Big Game with Launch of The Hangover Shop

The Hangover Shop will be available on all major delivery platforms starting February 14 The Hangover Shop will be available on all major delivery platforms starting February 14

7 months ago - GlobeNewsWire

Vita Coco and TRX® Bringing Fitness and Fuel Straight to Consumers Through “The World's Most Achievable Resolution” C...

Vita Coco and TRX Debut Home Gym Makeover Giveaway Providing Consumers The Healthy Boost Needed When Considering Abandoning New Year's Resolutions Vita Coco and TRX Debut Home Gym Makeover Giveaway Prov...

8 months ago - GlobeNewsWire

Vita Coco and Lyft Team Up to Keep Consumers Hydrated and Riding Responsibly this New Year's Eve

Vita Coco Launching Hangover Subscription and Hangover Shop in Early 2022 Vita Coco Launching Hangover Subscription and Hangover Shop in Early 2022

9 months ago - GlobeNewsWire