Vita Coco (COCO) to Release Earnings on Wednesday

Vita Coco (NASDAQ:COCO - Get Free Report) is expected to release its Q2 2025 earnings data before the market opens on Wednesday, July 30th. Analysts expect Vita Coco to post earnings of $0.38 per share and revenue of $162.20 million for the quarter. Vita Coco has set its FY 2025 guidance at EPS.

Vita Coco (NASDAQ:COCO - Get Free Report) last released its quarterly earnings data on Wednesday, April 30th. The company reported $0.31 EPS for the quarter, beating the consensus estimate of $0.22 by $0.09. The company had revenue of $130.92 million for the quarter, compared to analysts' expectations of $125.64 million. Vita Coco had a return on equity of 25.08% and a net margin of 11.32%. Vita Coco's revenue was up 17.2% compared to the same quarter last year. During the same period last year, the firm posted $0.24 earnings per share. On average, analysts expect Vita Coco to post $1 EPS for the current fiscal year and $1 EPS for the next fiscal year.

Vita Coco Stock Performance

Shares of NASDAQ:COCO opened at $39.10 on Wednesday. The stock has a market capitalization of $2.22 billion, a price-to-earnings ratio of 38.71, a PEG ratio of 2.09 and a beta of 0.37. The stock's 50-day simple moving average is $35.94 and its two-hundred day simple moving average is $34.83. Vita Coco has a 52-week low of $23.56 and a 52-week high of $40.32.

Insider Activity at Vita Coco

In other news, CMO Jane Prior sold 10,000 shares of Vita Coco stock in a transaction dated Tuesday, July 1st. The stock was sold at an average price of $37.07, for a total transaction of $370,700.00. Following the sale, the chief marketing officer owned 134,188 shares in the company, valued at approximately $4,974,349.16. The trade was a 6.94% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Es Charles Van sold 10,000 shares of the business's 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 in the company, valued at $3,578,708.54. This trade represents a 9.60% decrease in their position. The disclosure for this sale can be found here. Insiders sold 3,846,562 shares of company stock worth $131,933,805 over the last three months. Company insiders own 34.20% of the company's stock.

Hedge Funds Weigh In On Vita Coco

An institutional investor recently raised its position in Vita Coco stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its position in shares of Vita Coco Company, Inc. (NASDAQ:COCO - Free Report) by 5.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 23,493 shares of the company's stock after acquiring an additional 1,174 shares during the quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd.'s holdings in Vita Coco were worth $720,000 at the end of the most recent quarter. Hedge funds and other institutional investors own 88.49% of the company's stock.

Analyst Ratings Changes

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

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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