Group 1 - Vita Coco Company, Inc. (COCO) closed at $37.32, with a +0.65% change from the previous day, outperforming the S&P 500 which gained 0.36% [1] - Over the last month, COCO shares increased by 9.12%, while the Consumer Staples sector experienced a loss of 0.5% and the S&P 500 gained 2.11% [1] Group 2 - The upcoming earnings report for Vita Coco is expected to show an EPS of $0.08, reflecting a 27.27% decline compared to the same quarter last year, with revenue anticipated at $122.22 million, a 15.15% increase from the prior-year quarter [2] Group 3 - Changes in analyst estimates for Vita Coco are important as they indicate short-term business trends, with positive revisions suggesting analyst optimism about the company's performance [3] Group 4 - The Zacks Rank system, which incorporates estimate changes, indicates that COCO is currently ranked 2 (Buy), with the consensus EPS estimate moving 0.43% higher over the last 30 days [5] Group 5 - Vita Coco has a Forward P/E ratio of 31.83, which is higher than the industry average of 17.83, and a PEG ratio of 2.22, matching the average for the Beverages - Soft drinks industry [6] Group 6 - The Beverages - Soft drinks industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 180, placing it in the bottom 29% of over 250 industries [7]

Market Overview - The global coconut water market is projected to reach USD 11.43 billion by 2030, growing at a CAGR of 17.3% from 2025 to 2030 [1][12]. - The estimated market value in 2024 is USD 4.43 billion [12]. Consumer Trends - Coconut water is gaining popularity due to its rich electrolyte, vitamin, and mineral content, appealing particularly to health-conscious consumers seeking alternatives to sugary drinks [2]. - The introduction of various formats, such as ready-to-drink packaging and flavored variants, caters to diverse consumer preferences [2]. Market Segmentation - The conventional coconut water segment dominated the market with a revenue share of 81.7% in 2024, primarily due to its affordability and widespread availability [13]. - The tetra pack packaging segment held a major share of 52.7% in 2024, favored for its convenience and ability to preserve product quality [13]. - Supermarkets and hypermarkets accounted for 48.0% of the market share in 2024, benefiting from consumer trust and competitive pricing [13]. Regional Insights - Central and South America represented the largest market share in 2024, supported by favorable climatic conditions for coconut cultivation [8]. - The Asia Pacific region dominated with a revenue share of 33.1% in 2024, attributed to extensive coconut production and cultural affinity for coconut-based beverages [13]. Competitive Landscape - Major players in the coconut water market include PepsiCo, Vita Coco, C2O Pure Coconut Water, and others, employing strategies such as new product launches and partnerships to enhance market share [9]. - The rise of private-label coconut water products is evident, with companies like Vita Coco expanding in this segment to compete effectively [3].

Company Performance - Vita Coco Company, Inc. (COCO) closed at $33.98, reflecting a -0.09% change from the previous day, underperforming the S&P 500's gain of 0.16% [1] - The stock has decreased by 8.21% over the past month, compared to a 5.71% loss in the Consumer Staples sector and a 2.7% loss in the S&P 500 [1] Earnings Projections - The upcoming earnings report for Vita Coco is projected to show an EPS of $0.08, indicating a 27.27% decline from the same quarter last year [2] - Revenue is expected to reach $122.28 million, representing a 15.21% increase from the previous year [2] Analyst Estimates - Recent adjustments to analyst estimates for Vita Coco reflect changing short-term business trends, with upward revisions indicating positive sentiment towards the company's operations [3] - The Zacks Rank system, which incorporates these estimate changes, currently ranks Vita Coco at 2 (Buy) [5] Valuation Metrics - Vita Coco has a Forward P/E ratio of 29.29, which is higher than the industry average of 16.96 [6] - The company's PEG ratio stands at 2.05, compared to the Beverages - Soft drinks industry's average PEG ratio of 2.25 [6] Industry Context - The Beverages - Soft drinks industry, part of the Consumer Staples sector, holds a Zacks Industry Rank of 91, placing it in the top 37% of over 250 industries [7] - Strong industry rankings correlate with better stock performance, with the top 50% of rated industries outperforming the bottom half by a factor of 2 to 1 [7]

Investors might want to bet on Vita Coco Company, Inc. (COCO) , as it has been recently upgraded to a Zacks Rank #2 (Buy). This upgrade is essentially a reflection of an upward trend in earnings estimates -- one of the most powerful forces impacting stock prices.The Zacks rating relies solely on a company's changing earnings picture. It tracks EPS estimates for the current and following years from the sell-side analysts covering the stock through a consensus measure -- the Zacks Consensus Estimate.Since a c ...

Have you been paying attention to shares of Vita Coco Company, Inc. (COCO) ? Shares have been on the move with the stock up 25% over the past month. The stock hit a new 52-week high of $37.05 in the previous session. Vita Coco Company, Inc. has gained 42.8% since the start of the year compared to the 3.2% move for the Zacks Consumer Staples sector and the -1.4% return for the Zacks Beverages - Soft drinks industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Vita Coco Company, Inc. (COCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Vita Coco Company, Inc. is one of 184 individual stocks ...

NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Coconut Company (NYSE: COCO) is making it easy for consumers to treat themselves this busy holiday season with its all-pink Treats-mas giveaway. This December, the leading coconut water brand is delivering 12 days of pink holiday surprises from premium brands fans know and love––including travel kits, jewelry, purses, tech and more—topped off with a 12-pack of Vita Coco Treats. One grand prize winner will take home the ultimate treat of the season: a ...

The Wall Street post-election rally has come to an abrupt halt, with all three major indexes retreating sharply from their record highs over the past week. A slight jump in inflation coupled with fresh comments from the Federal Reserve has raised concerns over the pace of future rate cuts and the economy’s health.Given the ongoing volatility, it would be wise to invest in stocks from a defensive space like consumer staples such as Ingredion Incorporated (INGR) , McCormick & Company, Incorporated (MKC) and T ...

For those looking to find strong Consumer Staples stocks, it is prudent to search for companies in the group that are outperforming their peers. Vita Coco Company, Inc. (COCO) is a stock that can certainly grab the attention of many investors, but do its recent returns compare favorably to the sector as a whole? By taking a look at the stock's year-to-date performance in comparison to its Consumer Staples peers, we might be able to answer that question.Vita Coco Company, Inc. is one of 184 individual stocks ...

Shares of Vita Coco Company, Inc. (COCO) have been strong performers lately, with the stock up 24.6% over the past month. The stock hit a new 52-week high of $35.78 in the previous session. Vita Coco Company, Inc. has gained 34.9% since the start of the year compared to the 3.6% move for the Zacks Consumer Staples sector and the 2.1% return for the Zacks Beverages - Soft drinks industry.What's Driving the Outperformance?The stock has a great record of positive earnings surprises, as it hasn't missed our ea ...