William Blair Brokers Boost Earnings Estimates for Vita Coco

The Vita Coco Company, Inc. (NASDAQ:COCO - Free Report) - Analysts at William Blair raised their Q2 2025 earnings estimates for Vita Coco in a research note issued to investors on Wednesday, April 30th. William Blair analyst J. Andersen now expects that the company will earn $0.35 per share for the quarter, up from their prior estimate of $0.34. The consensus estimate for Vita Coco's current full-year earnings is $1.07 per share. William Blair also issued estimates for Vita Coco's Q3 2025 earnings at $0.30 EPS, Q4 2025 earnings at $0.26 EPS and FY2026 earnings at $1.45 EPS.

Vita Coco (NASDAQ:COCO - Get Free Report) last announced its earnings results on Wednesday, April 30th. The company reported $0.31 earnings per share for the quarter, beating the consensus estimate of $0.22 by $0.09. Vita Coco had a return on equity of 26.49% and a net margin of 11.99%. The company had revenue of $130.92 million for the quarter, compared to the consensus estimate of $125.64 million. During the same period last year, the business posted $0.24 EPS. The company's revenue was up 17.2% on a year-over-year basis.

Several other analysts have also recently commented on COCO. The Goldman Sachs Group raised their price target on Vita Coco from $34.00 to $38.00 and gave the company a "buy" rating in a report on Thursday, February 27th. Evercore ISI boosted their target price on shares of Vita Coco from $35.00 to $38.00 and gave the stock an "outperform" rating in a research report on Thursday. Wells Fargo & Company cut their price target on shares of Vita Coco from $40.00 to $39.00 and set an "overweight" rating for the company in a report on Thursday, February 27th. Finally, Stephens reissued an "equal weight" rating and set a $32.00 price objective on shares of Vita Coco in a report on Thursday, March 27th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $35.00.

Vita Coco Stock Up 2.2 %

NASDAQ COCO traded up $0.74 during trading hours on Friday, hitting $34.21. 709,457 shares of the stock were exchanged, compared to its average volume of 598,970. The company has a market cap of $1.95 billion, a price-to-earnings ratio of 34.56, a price-to-earnings-growth ratio of 2.25 and a beta of 0.38. Vita Coco has a 12-month low of $23.56 and a 12-month high of $40.32. The stock has a 50-day moving average of $32.11 and a 200 day moving average of $34.39.

Insider Activity at Vita Coco

In related news, COO Jonathan Burth sold 10,000 shares of the company's stock in a transaction that occurred on Monday, March 3rd. The shares were sold at an average price of $32.69, for a total transaction of $326,900.00. Following the completion of the transaction, the chief operating officer now owns 94,108 shares of the company's stock, valued at approximately $3,076,390.52. This represents a 9.61 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Chairman Michael Kirban sold 6,000 shares of the business's stock in a transaction on Wednesday, March 19th. The shares were sold at an average price of $35.00, for a total transaction of $210,000.00. Following the sale, the chairman now directly owns 1,663,049 shares of the company's stock, valued at $58,206,715. This represents a 0.36 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 79,358 shares of company stock valued at $2,865,456. 34.20% of the stock is owned by corporate insiders.

Institutional Trading of Vita Coco

A number of institutional investors have recently added to or reduced their stakes in COCO. Barclays PLC boosted its stake in shares of Vita Coco by 200.6% in the third quarter. Barclays PLC now owns 69,504 shares of the company's stock valued at $1,969,000 after purchasing an additional 46,385 shares during the period. Pier Capital LLC boosted its position in Vita Coco by 39.6% in the 4th quarter. Pier Capital LLC now owns 200,623 shares of the company's stock valued at $7,405,000 after buying an additional 56,879 shares during the last quarter. Lord Abbett & CO. LLC grew its stake in shares of Vita Coco by 21.1% during the third quarter. Lord Abbett & CO. LLC now owns 460,416 shares of the company's stock valued at $13,034,000 after acquiring an additional 80,128 shares in the last quarter. Raymond James Financial Inc. purchased a new stake in shares of Vita Coco during the fourth quarter worth about $7,985,000. Finally, KLP Kapitalforvaltning AS acquired a new position in shares of Vita Coco in the fourth quarter worth about $399,000. 88.49% of the stock is owned by hedge funds and other institutional investors.

About Vita Coco

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.