Research Analysts Set Expectations for Vita Coco Q2 Earnings

Vita Coco Company, Inc. (NASDAQ:COCO - Free Report) - Equities research analysts at William Blair dropped their Q2 2025 earnings per share (EPS) estimates for shares of Vita Coco in a research note issued on Wednesday, July 16th. William Blair analyst J. Andersen now anticipates that the company will post earnings per share of $0.32 for the quarter, down from their previous estimate of $0.35. The consensus estimate for Vita Coco's current full-year earnings is $1.07 per share.

Vita Coco (NASDAQ:COCO - Get Free Report) last issued its quarterly earnings data on Wednesday, April 30th. The company reported $0.31 earnings per share for the quarter, topping analysts' consensus estimates of $0.22 by $0.09. Vita Coco had a net margin of 11.32% and a return on equity of 25.08%. The business had revenue of $130.92 million during the quarter, compared to analysts' expectations of $125.64 million. During the same period last year, the company posted $0.24 EPS. The company's revenue was up 17.2% on a year-over-year basis.

Other equities research analysts have also recently issued research reports about the company. Wall Street Zen cut Vita Coco from a "buy" rating to a "hold" rating in a report on Saturday, June 7th. Wells Fargo & Company upped their target price on Vita Coco from $39.00 to $43.00 and gave the company an "overweight" rating in a report on Friday, May 30th. Stephens reiterated an "equal weight" rating and issued a $32.00 target price on shares of Vita Coco in a report on Thursday, March 27th. Evercore ISI lifted their price target on Vita Coco from $35.00 to $38.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Finally, The Goldman Sachs Group set a $41.00 price objective on Vita Coco and gave the company a "buy" rating in a report on Wednesday, April 30th. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, Vita Coco presently has a consensus rating of "Moderate Buy" and an average price target of $37.00.

Vita Coco Stock Down 0.4%

COCO stock opened at $39.12 on Friday. The company has a market capitalization of $2.22 billion, a PE ratio of 38.73, a P/E/G ratio of 2.01 and a beta of 0.37. Vita Coco has a 52-week low of $23.56 and a 52-week high of $40.32. The stock's 50 day moving average is $35.70 and its two-hundred day moving average is $34.80.

Insider Buying and Selling at Vita Coco

In related news, insider Es Charles Van sold 10,000 shares of the stock in a transaction dated Monday, July 7th. The shares were sold at an average price of $38.02, for a total value of $380,200.00. Following the completion of the transaction, the insider owned 94,127 shares of the company's stock, valued at $3,578,708.54. This represents a 9.60% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, Chairman Michael Kirban sold 14,000 shares of the stock in a transaction dated Wednesday, May 21st. The stock was sold at an average price of $37.03, for a total transaction of $518,420.00. Following the completion of the transaction, the chairman directly owned 1,629,049 shares of the company's stock, valued at $60,323,684.47. This trade represents a 0.85% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,842,662 shares of company stock valued at $131,786,970 over the last quarter. Company insiders own 32.30% of the company's stock.

Institutional Inflows and Outflows

A number of large investors have recently added to or reduced their stakes in COCO. Wasatch Advisors LP raised its position in shares of Vita Coco by 17.8% during the fourth quarter. Wasatch Advisors LP now owns 2,828,868 shares of the company's stock worth $104,414,000 after purchasing an additional 427,871 shares during the period. Vanguard Group Inc. lifted its stake in Vita Coco by 2.1% in the 1st quarter. Vanguard Group Inc. now owns 2,642,306 shares of the company's stock valued at $80,987,000 after purchasing an additional 53,172 shares during the last quarter. Artisan Partners Limited Partnership lifted its stake in Vita Coco by 14.1% in the 4th quarter. Artisan Partners Limited Partnership now owns 1,502,587 shares of the company's stock valued at $55,460,000 after purchasing an additional 185,692 shares during the last quarter. Loomis Sayles & Co. L P lifted its stake in Vita Coco by 15.7% in the 4th quarter. Loomis Sayles & Co. L P now owns 1,421,999 shares of the company's stock valued at $52,486,000 after purchasing an additional 193,420 shares during the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its stake in Vita Coco by 6.0% in the 4th quarter. D. E. Shaw & Co. Inc. now owns 1,130,117 shares of the company's stock valued at $41,713,000 after purchasing an additional 64,011 shares during the last quarter. 88.49% of the stock is currently owned by institutional investors and hedge funds.

Vita Coco Company Profile

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.

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