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 ...

Table of Contents ____________________ UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 20549 FORM 10-Q ____________________ (Mark One) x QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2024 OR o TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-40950 | --- | --- | |------------------ ...

The Vita Coco Company, Inc. (COCO Q3 2024 Results Conference Call October 30, 2024 8:30 AM ET Company Participants Alex Liscum - Vice President, Investor Relations, ICR Mike Kirban - Executive Chairman Martin Roper - Chief Executive Officer Corey Baker - Chief Financial Officer Conference Call Participants Bonnie Herzog - Goldman Sachs Chris Carey - Wells Fargo Securities Eric Serotta - Morgan Stanley Jon Andersen - William Blair Jim Salera - Stephens Eric Des Lauriers - Craig-Hallum Capital Group Michael L ...