The Vita Coco Company, Inc.

The Vita Coco Company, Inc. Stock Forecast & Price Prediction

Live The Vita Coco Company, Inc. Stock (COCO) Price
$35.54

10

Ratings

  • Buy 6
  • Hold 4
  • Sell 0
Disclaimer : Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance. This information is for educational purposes only and should not be construed as advice to buy or sell any security.

Stock Price

$35.54

P/E Ratio

35.91

Volume Traded Today

$162,300

Dividend

Dividends not available for COCO

52 Week High/low

37.05/19.41

The Vita Coco Company, Inc. Market Cap

$2.04B

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COCO Summary

From what 10 stock analysts predict, the share price for The Vita Coco Company, Inc. (COCO) might decrease by 6.52% in the next year. This is based on a 12-month average estimation for COCO. Price targets go from $30 to $36. The majority of stock analysts believe COCO is a buy. Please note analyst price targets are not guaranteed and could be missed completely.

COCO Analyst Ratings

About 10 Wall Street analysts have assignedCOCO 6 buy ratings, 4 hold ratings, and 0 sell ratings. This means that analysts expect The Vita Coco Company, Inc. to buy. 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.

COCO stock forecast by analyst

These are the latest 20 analyst ratings of COCO.

Analyst/Firm

Rating

Price Target

Change

Date

Eric Des Lauriers
Craig-Hallum

Buy

$36

Maintains

Oct 31, 2024
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

COCO Company Information

What They Do: Produces and distributes coconut water products.

Business Model: The company primarily generates revenue by developing, marketing, and distributing coconut water and related products under the Vita Coco brand. It also sells coconut oil, coconut milk, plant-based energy drinks, and bottled water, along with private label products to retailers. Distribution channels include club stores, grocery, drug stores, mass merchants, convenience stores, e-commerce platforms, and foodservice.

Other Information: Founded in 2004 and headquartered in New York, the company expanded its product offerings and market reach, serving customers across multiple regions including North America, Europe, and Asia Pacific. The rebranding from All Market Inc. to The Vita Coco Company, Inc. took place in September 2021, reflecting its focus on coconut-based beverages.
COCO
The Vita Coco Company, Inc. (COCO)

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

$2.04B

The Vita Coco Company, Inc. (COCO) Financial Data

In 2023, COCO generated $493.6M in revenue, which was a increase of 0.00% 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

N/A

Revenue From 2021

N/A

0.00 %
From Previous Year

Revenue From 2022

N/A

0.00 %
From Previous Year

Revenue From 2023

$493.6M

0.00 %
From Previous Year
  • Revenue TTM $494.9M
  • Operating Margin TTM 15.5%
  • Gross profit TTM $180.7M
  • Return on assets TTM 15.1%
  • Return on equity TTM 26.7%
  • Profit Margin 12.0%
  • Book Value Per Share 4.44%
  • Market capitalisation $2.04B
  • Revenue for 2021 N/A
  • Revenue for 2022 N/A
  • Revenue for 2023 $493.6M
  • EPS this year (TTM) $1.00

The Vita Coco Company, Inc. (COCO) Latest News

News Image

Fri, 22 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Vita Coco Company (COCO) is currently at a 52-week high. Investors are evaluating the company's fundamentals for potential future gains.

Why It Matters - Vita Coco reaching a 52-week high signals strong market performance, prompting analysis of fundamentals to gauge future growth potential and investment risks.

News Image

Thu, 21 Nov 2024

Sentiment - NEUTRAL

Source - GlobeNewsWire

Summary - Vita Coco (NYSE: COCO) is launching a "Treats-mas" giveaway in December, offering 12 days of holiday prizes, including travel kits and tech, alongside a 12-pack of their coconut water.

Why It Matters - Vita Coco's holiday promotion may boost brand visibility and consumer engagement, potentially driving sales and enhancing market share during a key shopping season.

News Image

Thu, 21 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Vita Coco Company, Inc. (COCO) and Pilgrim's Pride (PPC) have shown performance metrics against their sector for the year. Specific performance details were not provided in the excerpt.

Why It Matters - Performance comparisons provide insights into market positioning, potential growth, and risk assessment, influencing investment decisions in Vita Coco and Pilgrim's Pride relative to their sectors.

News Image

Tue, 19 Nov 2024

Sentiment - NEGATIVE

Source - Zacks Investment Research

Summary - Consumer staple stocks INGR, MKC, and COCO, known for their low beta, are considered stable investments during current market volatility.

Why It Matters - Low beta consumer staples like INGR, MKC, and COCO offer stability and lower risk during market volatility, attracting investors seeking safety and consistent returns.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Vita Coco Company (COCO) is currently at a 52-week high; investors are examining the company's fundamentals for potential future gains.

Why It Matters - Vita Coco's 52-week high indicates strong market performance, prompting investor interest in its fundamentals for potential future growth and sustainability.

News Image

Tue, 05 Nov 2024

Sentiment - POSITIVE

Source - Zacks Investment Research

Summary - Vita Coco Company, Inc. (COCO) and Pilgrim's Pride (PPC) have shown performance metrics relative to their sector in 2023. Detailed comparisons were not provided in the excerpt.

Why It Matters - Performance comparisons reveal how COCO and PPC are faring against their sector, impacting investor sentiment, potential stock valuations, and investment decisions.

...

COCO Frequently asked questions

The highest forecasted price for COCO is $36 from Eric Des Lauriers at Craig-Hallum.

The lowest forecasted price for COCO is $30 from Eric Des Lauriers from Craig-Hallum

The COCO analyst ratings consensus are 6 buy ratings, 4 hold ratings, and 0 sell ratings.