Vita Coco Company, Inc. (COCO) Surpasses Market Returns: Some Facts Worth Knowing

Company Performance - Vita Coco Company, Inc. closed at $39.96, with a +2.42% increase from the previous day, outperforming the S&P 500's gain of 0.59% [1] - The company's shares gained 10.7% over the previous month, significantly outperforming the Consumer Staples sector, which saw a loss of 3.11% [1] Upcoming Earnings - The upcoming earnings release is anticipated, with a forecasted EPS of $0.31, reflecting a 3.13% decrease from the same quarter last year [2] - Quarterly revenue is expected to be $156.69 million, representing a 17.89% increase from the year-ago period [2] Annual Estimates - For the entire year, earnings are projected at $1.16 per share and revenue at $580.79 million, indicating increases of +8.41% and +12.55% respectively compared to the previous year [3] - Recent analyst estimate revisions suggest positive sentiment regarding the company's business and profitability [3] Valuation Metrics - The current Forward P/E ratio for Vita Coco is 33.75, indicating a premium compared to the industry average Forward P/E of 17.42 [6] - The PEG ratio stands at 2.07, which is comparable to the industry 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 227, placing it in the bottom 9% of over 250 industries [7] - The Zacks Industry Rank measures the strength of industry groups, with top-rated industries outperforming the bottom half by a factor of 2 to 1 [7]