Company Performance - Vita Coco Company, Inc. (COCO) closed at 0.08, indicating a 27.27% decrease from the same quarter last year [2] - The Zacks Consensus Estimate for revenue is projecting net sales of $122.22 million, which is a 15.15% increase from the year-ago period [2] Analyst Estimates and Rankings - Changes in analyst estimates for Vita Coco are important as they reflect short-term business trends, with positive revisions indicating optimism about the company's outlook [3] - The Zacks Rank system, which ranges from 1 (Strong Buy) to 5 (Strong Sell), currently ranks Vita Coco at 2 (Buy), with the consensus EPS estimate moving 0.43% higher over the past month [5] Valuation Metrics - Vita Coco is trading at a Forward P/E ratio of 32.19, which is a premium compared to the industry's average Forward P/E of 18.89 [6] - The company has a PEG ratio of 2.25, while the average PEG ratio for the Beverages - Soft drinks industry is 2.42 [6] Industry Context - The Beverages - Soft drinks industry, part of the Consumer Staples sector, has a Zacks Industry Rank of 135, placing it within the bottom 47% of over 250 industries [7] - Research indicates that the top 50% rated industries outperform the bottom half by a factor of 2 to 1 [7]
Vita Coco Company, Inc. (COCO) Rises As Market Takes a Dip: Key Facts