Vita Coco (COCO) Expected to Announce Earnings on Wednesday

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

NASDAQ COCO traded up $0.15 on Friday, reaching $37.92. 502,874 shares of the company's stock traded hands, compared to its average volume of 662,747. The firm has a market cap of $2.15 billion, a price-to-earnings ratio of 37.54, a P/E/G ratio of 2.02 and a beta of 0.37. The stock has a 50 day moving average price of $36.25 and a 200-day moving average price of $34.93. Vita Coco has a fifty-two week low of $23.56 and a fifty-two week high of $40.32.

Analyst Ratings Changes

A number of research analysts have weighed in on COCO shares. Wells Fargo & Company upped their price objective on shares of Vita Coco from $39.00 to $43.00 and gave the stock an "overweight" rating in a research report on Friday, May 30th. Wall Street Zen cut shares of Vita Coco from a "buy" rating to a "hold" rating in a research note on Saturday, June 7th. The Goldman Sachs Group set a $41.00 price objective on shares of Vita Coco and gave the company a "buy" rating in a research note on Wednesday, April 30th. Finally, Evercore ISI boosted their target price on shares of Vita Coco from $35.00 to $38.00 and gave the company an "outperform" rating in a report on Thursday, May 1st. Three analysts have rated the stock with a hold rating and four have given a buy rating to the company's stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $38.00.

Insider Activity

In other news, major shareholder Beverages Sa Verlinvest sold 3,766,762 shares of the firm's stock in a transaction on Friday, May 9th. The shares were sold at an average price of $34.25, for a total value of $129,011,598.50. Following the sale, the insider directly owned 7,097,161 shares in the company, valued at approximately $243,077,764.25. This trade represents a 34.67% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Kenneth Sadowsky sold 3,900 shares of the firm's stock in a transaction on Wednesday, July 16th. The shares were sold at an average price of $37.65, for a total transaction of $146,835.00. Following the completion of the sale, the director owned 631,666 shares in the company, valued at $23,782,224.90. The trade was a 0.61% decrease in their ownership of the stock. 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 90 days. Company insiders own 32.30% of the company's stock.

Institutional Investors Weigh In On Vita Coco

An institutional investor recently raised its position in Vita Coco stock. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Vita Coco Company, Inc. (NASDAQ:COCO - Free Report) by 5.3% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 23,493 shares of the company's stock after purchasing 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 reporting period. 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.