Coffee - JVA Stock Forecast, Price & News

Coffee Holding Co., Inc. manufactures, roasts, packages, markets, and distributes roasted and blended coffees in the United States, Australia, Canada, England, and China. The company offers wholesale green coffee products, which include unroasted raw beans of approximately 90 varieties that are sold to large, medium, and small roasters, as well as coffee shop operators. It also roasts, blends, packages, and sells coffee under private labels. As of October 31, 2021, the company supplied private label coffee under approximately 21 labels to wholesalers and retailers in cans, brick packages, and instants of various sizes. In addition, it roasts and blends company label branded coffee to supermarkets, wholesalers, and individually owned and multi-unit retail customers. Further, the company offers tabletop coffee roasting equipment, instant coffees, and tea products for its customers. Its coffee brands include Cafe Caribe, Don Manuel, S&W, Cafe Supremo, Via Roma, Premier Roasters, Harmony Bay, and Steep and Brew. The company was formerly known as Transpacific International Group Corp and changed its name to Coffee Holding Co., Inc. in April 1998. Coffee Holding Co., Inc. was founded in 1971 and is headquartered in Staten Island, New York.

Coffee Stock Performance

Shares of NASDAQ:JVA traded up $0.10 during midday trading on Thursday, hitting $2.89. 21,573 shares of the company traded hands, compared to its average volume of 24,998. Coffee has a 12-month low of $2.31 and a 12-month high of $5.46. The stock has a 50-day moving average price of $2.64 and a 200 day moving average price of $3.17. The firm has a market cap of $16.50 million, a P/E ratio of 96.33 and a beta of 1.22.

Coffee (NASDAQ:JVA - Get Rating) last announced its quarterly earnings data on Tuesday, June 14th. The company reported ($0.06) earnings per share for the quarter. The business had revenue of $16.50 million during the quarter. Coffee had a return on equity of 0.46% and a net margin of 0.21%.

Wall Street Analyst Weigh In

JVA has been the topic of several research analyst reports. TheStreet cut shares of Coffee from a "c-" rating to a "d" rating in a research report on Thursday, June 23rd. StockNews.com initiated coverage on shares of Coffee in a research report on Wednesday. They set a "hold" rating on the stock.