Vita Coco Company Inc (NASDAQ: COCO) is -9.75% lower on its value in year-to-date trading and has touched a low of $23.56 and a high of $40.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The COCO stock was last observed hovering at around $35.01 in the last trading session, with the day’s loss setting it -1.7%.
Currently trading at $33.31, the stock is 2.95% and 2.67% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.84 million and changing -4.86% at the moment leaves the stock 3.91% off its SMA200. COCO registered 28.12% gain for a year compared to 6-month loss of -5.56%.
The stock witnessed a 6.49% gain in the last 1 month and extending the period to 3 months gives it a -11.27%, and is -2.63% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.90% over the week and 4.72% over the month.
Vita Coco Company Inc (COCO) has around 319 employees, a market worth around $1.89B and $535.24M in sales. Current P/E ratio is 32.72 and Fwd P/E is 24.88. Profit margin for the company is 11.32%. Distance from 52-week low is 41.38% and -17.39% from its 52-week high. The company has generated returns on investments over the last 12 months (20.86%).
with sales reaching $162.2M over the same period.The EPS is expected to grow by 21.38% this year, but quarterly earnings will post 11.57% year-over-year. Quarterly sales are estimated to grow 12.55% in year-over-year returns.
Vita Coco Company Inc (COCO) Top Institutional Holders
The shares outstanding are 57.02M, and float is at 38.98M with Short Float at 15.13%.
The top institutional shareholder in the company is BLACKROCK INC. with over 2.93 million shares valued at $81.69 million. The investor’s holdings represent 5.1725% of the COCO Shares outstanding. As of 2024-06-30, the second largest holder is VANGUARD GROUP INC with 2.45 million shares valued at $68.14 million to account for 4.3145 of the shares outstanding. The other top investors are FMR LLC which holds 2.3 million shares representing 4.0503% and valued at over $63.96 million, while AMERIPRISE FINANCIAL INC holds 3.0867 of the shares totaling 1.75 million with a market value of $48.75 million.
Vita Coco Company Inc (COCO) Insider Activity
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Still, SEC filings show that on Mar 18 ’25, Kirban Michael (Executive Chairman) disposed off 20,000 shares at an average price of $35.13 for $0.7 million. The insider now directly holds 1,669,049 shares of Vita Coco Company Inc (COCO).
