The price of The Vita Coco Company Inc. (NASDAQ: COCO) closed at $24.56 in the last session, up 7.04% from day before closing price of $22.94. In other words, the price has increased by $+1.61 from its previous closing price. On the day, 1066742 shares were traded. COCO stock price reached its highest trading level at $24.62 during the session, while it also had its lowest trading level at $22.67.
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We take a closer look at COCO’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 46.77 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 69.92. For the most recent quarter (mrq), Quick Ratio is recorded 2.20 and its Current Ratio is at 3.30. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
Upgrades & Downgrades
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. A recent insider transaction in this stock occurred on Dec 14 when Burth Jonathan sold 8,000 shares for $12.71 per share. The transaction valued at 101,695 led to the insider holds 186,007 shares of the business.
Liran Ira bought 10,000 shares of COCO for $121,700 on Dec 13. The Director now owns 685,252 shares after completing the transaction at $12.17 per share. On Dec 01, another insider, van Es Charles, who serves as the Chief Sales Officer of the company, sold 5,721 shares for $12.34 each. As a result, the insider received 70,591 and left with 87,344 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COCO now has a Market Capitalization of 1.15B and an Enterprise Value of 1.13B. As of this moment, The’s Price-to-Earnings (P/E) ratio for their current fiscal year is 114.21, and their Forward P/E ratio for the next fiscal year is 27.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.14 while its Price-to-Book (P/B) ratio in mrq is 9.20. Its current Enterprise Value per Revenue stands at 2.56 whereas that against EBITDA is 61.39.
Stock Price History:
Over the past 52 weeks, COCO has reached a high of $25.18, while it has fallen to a 52-week low of $7.39. The 50-Day Moving Average of the stock is 21.16, while the 200-Day Moving Average is calculated to be 15.26.
According to the various share statistics, COCO traded on average about 402.53K shares per day over the past 3-months and 568.05k shares per day over the past 10 days. A total of 56.05M shares are outstanding, with a floating share count of 45.12M. Insiders hold about 1.90% of the company’s shares, while institutions hold 55.60% stake in the company. Shares short for COCO as of Apr 27, 2023 were 2M with a Short Ratio of 2.00M, compared to 1.98M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 3.57% and a Short% of Float of 7.09%.
The company has 5 analysts who recommend its stock at the moment. On average, analysts expect EPS of $0.19 for the current quarter, with a high estimate of $0.21 and a low estimate of $0.18, while EPS last year was $0.02. The consensus estimate for the next quarter is $0.27, with high estimates of $0.3 and low estimates of $0.25.
Analysts are recommending an EPS of between $0.75 and $0.67 for the fiscal current year, implying an average EPS of $0.7. EPS for the following year is $0.89, with 5 analysts recommending between $0.92 and $0.85.
According to 6 analysts, the current quarter’s revenue is expected to be $129.64M. It ranges from a high estimate of $131.4M to a low estimate of $125.65M. As of the current estimate, The Vita Coco Company Inc.’s year-ago sales were $115.31M, an estimated increase of 12.40% from the year-ago figure. For the next quarter, 6 analysts are estimating revenue of $138.25M, an increase of 11.50% less than the figure of $12.40% in the same quarter last year. There is a high estimate of $141.06M for the next quarter, whereas the lowest estimate is $135.68M.
A total of 6 analysts have provided revenue estimates for COCO’s current fiscal year. The highest revenue estimate was $483.45M, while the lowest revenue estimate was $474.97M, resulting in an average revenue estimate of $478.75M. In the same quarter a year ago, actual revenue was $427.79M, up 11.90% from the average estimate. Based on 6 analysts’ estimates, the company’s revenue will be $531.68M in the next fiscal year. The high estimate is $544.02M and the low estimate is $509.97M. The average revenue growth estimate for next year is up 11.10% from the average revenue estimate for this year.