Stock Price
P/E Ratio
Volume Traded Today
Dividend
52 Week High/low
The Vita Coco Company, Inc. Market Cap
From what 0 stock analysts predict, the share price for The Vita Coco Company, Inc. (COCO) might increase by 9.96% in the next year. This is based on a 12-month average estimation for COCO. Price targets go from $28 to $33. The majority of stock analysts believe COCO is a sell. Please note analyst price targets are not guaranteed and could be missed completely.
About 0 Wall Street analysts have assignedCOCO 0 buy ratings, 0 hold ratings, and 0 sell ratings. This means that analysts expect The Vita Coco Company, Inc. to sell. Keep in mind that these ratings are typically refreshed every quarter, underscoring the importance of conducting your own research on COCO. Don't forget to include both technical and fundamental analysis, as well as staying informed on news that could influence these ratings, in your due diligence.
These are the latest 20 analyst ratings of COCO.
|
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
|---|---|---|---|---|
| Michael Lavery Piper Sandler | Neutral | $28 | Downgrade | Jul 12, 2024 |
| Chris Carey Wells Fargo | Overweight | $33 | Maintains | Jul 10, 2024 |
| Bryan Spillane B of A Securities | Neutral | $30 | Maintains | Jul 10, 2024 |
| Jim Salera Stephens & Co. | Overweight | $31 | Reiterates | May 23, 2024 |
| Michael Lavery Piper Sandler | Overweight | $28 | Maintains | Feb 29, 2024 |
| Bonnie Herzog Goldman Sachs | Buy | $28 | Maintains | Jan 31, 2024 |
| Bonnie Herzog Goldman Sachs | Buy | $28 | Maintains | Jan 30, 2024 |
| Michael Lavery Piper Sandler | Overweight | $24 | Maintains | Jan 26, 2024 |
| Jon Andersen William Blair | Market Perform | Downgrade | Jan 22, 2024 | |
| Kaumil Gajrawala Jefferies | Buy | $33 | Initiates | Nov 13, 2023 |
| Michael Lavery Piper Sandler | Overweight | $35 | Maintains | Nov 1, 2023 |
| Bryan Spillane B of A Securities | Neutral | $29 | Maintains | Oct 17, 2023 |
| Eric Serotta Morgan Stanley | Equal-Weight | $29 | Initiates | Sep 19, 2023 |
Goldman Sachs | Buy | Maintains | Aug 3, 2023 | |
B of A Securities | Neutral | Downgrade | Aug 3, 2023 | |
Piper Sandler | Overweight | Maintains | Aug 3, 2023 | |
| Jim Salera Stephens & Co. | Equal-Weight | $30 | Initiates | Jun 23, 2023 |
| Eric Des Lauriers Craig-Hallum | Buy | $30 | Maintains | May 4, 2023 |
| Chris Carey Wells Fargo | Overweight | $26 | Maintains | May 4, 2023 |
| Bonnie Herzog Goldman Sachs | Buy | $27 | Maintains | May 4, 2023 |
When did it IPO
2021
Staff Count
294
Country
United States
Sector/Industry
Consumer Defensive/Beverages - Non-Alcoholic
CEO
Mr. Martin F. Roper
Market Cap
$1.46B
In 2023, COCO generated $493.6M in revenue, which was a increase of 15.39% from the previous year. This can be seen as a signal that COCO's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Tue, 10 Sep 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vita Coco Company, Inc. (COCO) closed at $26.40, marking a 1.5% increase from the prior trading day.
Why It Matters - Vita Coco's 1.5% price increase signals positive market sentiment, potentially attracting more buyers and reflecting investor confidence in the company's performance.
Wed, 04 Sep 2024
Sentiment - NEGATIVE
Source - Zacks Investment Research
Summary - Vita Coco Company, Inc. (COCO) closed at $24.39, down 1.97% from the previous trading day.
Why It Matters - A decline of 1.97% in Vita Coco's stock price signals potential volatility, impacting investor sentiment and decision-making regarding the company's future performance.
Wed, 31 Jul 2024
Sentiment - NEUTRAL
Source - Seeking Alpha
Summary - Vita Coco Company (NASDAQ: COCO) held its Q2 2024 earnings call on July 31, 2024, featuring key executives and analysts from major financial firms.
Why It Matters - The earnings call provides insights into Vita Coco's financial performance, strategies, and outlook, influencing stock valuation and investment decisions in the beverage sector.
Wed, 31 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vita Coco Company, Inc. (COCO) reported Q3 earnings of $0.32 per share, surpassing the Zacks Consensus Estimate of $0.31 and up from $0.26 per share in the previous year.
Why It Matters - Vita Coco's earnings beat expectations and show year-over-year growth, indicating strong financial performance and potential for continued investor confidence and stock appreciation.
Wed, 24 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vita Coco Company (COCO) is expected to miss earnings estimates in its upcoming report due to lacking the necessary key ingredients for a positive performance.
Why It Matters - Vita Coco's lack of key ingredients for an earnings beat may signal weaker financial performance, potentially leading to stock price declines and affecting investor confidence.
Thu, 25 Jul 2024
Sentiment - POSITIVE
Source - Zacks Investment Research
Summary - Vita Coco Company's Q2 2024 results are expected to show growth driven by strong brand performance and increased market share in the coconut water sector.
Why It Matters - Vita Coco's strong second-quarter results indicate solid brand performance and market share growth, suggesting potential revenue increases and positive momentum for investors.
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