Vita Coco Company Inc (NASDAQ: COCO) kicked off on Tuesday, up 3.99% from the previous trading day, before settling in for the closing price of $29.60. Over the past 52 weeks, COCO has traded in a range of $19.41-$31.42.
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A company in the Consumer Defensive sector has jumped its sales by 14.92% annually for the last half of the decade. While this was happening, its average annual earnings per share was recorded 14.56%. With a float of $38.34 million, this company’s outstanding shares have now reached $56.90 million.
In an organization with 294 employees, it is important to assess its efficiency. In terms of profitability, gross margin is 40.28%, operating margin of 15.58%, and the pretax margin is 14.13%.
Vita Coco Company Inc (COCO) Insider Updates
Our next focus will be how large-scale investors are participating in this stock of the Beverages – Non-Alcoholic Industry. The insider ownership of Vita Coco Company Inc is 32.47%, while institutional ownership is 61.37%. The most recent insider transaction that took place on Oct 22 ’24, was worth 27,186. In this transaction Chief Operating Officer of this company sold 905 shares at a rate of $30.04, taking the stock ownership to the 123,300 shares. Before that another transaction happened on Oct 16 ’24, when Company’s Chief Operating Officer sold 400 for $30.00, making the entire transaction worth $12,000. This insider now owns 124,205 shares in total.
Vita Coco Company Inc (COCO) Performance Highlights and Predictions
In the latest quarterly report, which was put into the public domain on 6/30/2024, the organization reported 0.26 earnings per share (EPS), higher than consensus estimate (set at 0.24) by 0.02. Wall Street market experts anticipate that the next fiscal year will bring earnings of 0.03 per share during the current fiscal year.
According to the Wall Street analysts, stocks earnings will be around 14.56% per share during the next fiscal year. For the long-term projections, market analysts anticipate that the company’s EPS will surge by 12.00% during the next five years compared to 47.06% growth over the previous five years of trading.
Vita Coco Company Inc (NASDAQ: COCO) Trading Performance Indicators
Take a look at Vita Coco Company Inc’s (COCO) current performance indicators. Last quarter, stock had a quick ratio of 2.79. In addition, a publicly-traded company’s price to sales ratio for the trailing twelve months stands at 3.50. Likewise, its price to free cash flow for the trailing twelve months is 16.30.
For the trailing twelve months, Company’s Diluted EPS (Earnings per Share) is 0.93, a number that is poised to hit 0.26 in the next quarter and is forecasted to reach 1.08 in one year’s time.
Technical Analysis of Vita Coco Company Inc (COCO)
Let’s dig in a bit further. During the last 5-days, its volume was 0.35 million. That was inferior than the volume of 0.61 million it reported in year-ago period. As of the previous 9 days, the stock’s Stochastic %D was 71.52%. Additionally, its Average True Range was 0.91.
During the past 100 days, Vita Coco Company Inc’s (COCO) raw stochastic average was set at 93.77%, which indicates a significant decrease from 98.97% during the past two weeks. Based on volatility metrics of the stock, it showed a historical volatility of 26.53% in the past 14 days, which was lower than the 38.28% volatility it showed in the past 100 days.
At the time of writing, stock’s 50-day Moving Average is $27.64, while its 200-day Moving Average is $25.84. However, in the short run, Vita Coco Company Inc’s stock first resistance to watch stands at $31.28. Second resistance stands at $31.78. The third major resistance level sits at $32.75. If the price goes on to break the first support level at $29.81, it is likely to go to the next support level at $28.84. Assuming the price breaks the second support level, the third support level stands at $28.34.
Vita Coco Company Inc (NASDAQ: COCO) Key Stats
The company with the Market Capitalisation of 1.75 billion has total of 56,782K Shares Outstanding. Its annual sales at the moment are 493,610 K in contrast with the sum of 46,630 K annual income. Company’s last quarter sales were recorded 144,120 K and last quarter income was 19,090 K.
