The Vita o pany(COCO)

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The Vita Coco Company to Report Fourth Quarter and Full Year 2024 Financial Results on February 26, 2025
GlobeNewswire· 2025-02-12 13:00
Company Overview - The Vita Coco Company is a leading high-growth platform of better-for-you beverage brands, including its flagship coconut water brand, sustainably packaged water Ever & Ever, and protein-infused water PWR LIFT [3] - The company was co-founded in 2004 and operates as a public benefit corporation and Certified B Corporation [3] - Vita Coco is recognized as the leading coconut water brand in the U.S., appealing to consumers for its electrolytes, nutrients, and vitamins [3] Financial Results Announcement - The company will report its financial results for the fourth quarter and full year ended December 31, 2024, on February 26, 2025, before market open [1] - A conference call and webcast to discuss these results will take place at 8:30 a.m. ET on the same day [1] Participation in Earnings Call - Interested participants can register for the live earnings call and question-and-answer session through a provided link, with dial-in information sent directly to registrants [2] - The live audio webcast will be accessible in the "Events" section of the company's Investor Relations website, and an archived replay will be available shortly after the live event [2]
Why Vita Coco Company, Inc. (COCO) Outpaced the Stock Market Today
ZACKS· 2025-02-07 00:21
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]
Coconut Water Market Forecast Report 2025-2030: Competitive Analysis of Vita Coco, C2O Coconut Water, Celebes Coconut, Taste Nirvana, ZICO Rising, Goya Foods, Wichy Plantation, Harmless Harvest & More
GlobeNewswire News Room· 2025-01-24 09:02
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].
Vita Coco Company, Inc. (COCO) Stock Sinks As Market Gains: Here's Why
ZACKS· 2025-01-10 00:20
The latest trading session saw Vita Coco Company, Inc. (COCO) ending at $33.98, denoting a -0.09% adjustment from its last day's close. The stock's performance was behind the S&P 500's daily gain of 0.16%. At the same time, the Dow added 0.25%, and the tech-heavy Nasdaq lost 0.06%.The the stock of company has fallen by 8.21% in the past month, lagging the Consumer Staples sector's loss of 5.71% and the S&P 500's loss of 2.7%.The investment community will be closely monitoring the performance of Vita Coco Co ...
Vita Coco Company (COCO) Upgraded to Buy: Here's What You Should Know
ZACKS· 2024-12-04 18:00
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 ...
Vita Coco Company, Inc. (COCO) Hits Fresh High: Is There Still Room to Run?
ZACKS· 2024-11-22 15:16
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, ...
Are Consumer Staples Stocks Lagging Vita Coco Company (COCO) This Year?
ZACKS· 2024-11-21 15:45
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 ...
Vita Coco is Treating Fans This Holiday Season with 12 Days of Treats-mas Giveaway
GlobeNewswire News Room· 2024-11-21 14:30
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 ...
3 Consumer Staples Stocks With Upside to Navigate Market Volatility
ZACKS· 2024-11-19 20:01
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 ...
Is Vita Coco Company (COCO) Stock Outpacing Its Consumer Staples Peers This Year?
ZACKS· 2024-11-05 15:45
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 ...