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As of close of business last night, Vita Coco Company Inc’s stock clocked out at $38.08, up 0.69% from its previous closing price of $37.82. In other words, the price has increased by $0.69 from its previous closing price. On the day, 0.59 million shares were traded. COCO stock price reached its highest trading level at $38.455 during the session, while it also had its lowest trading level at $37.36.
Ratios:
To gain a deeper understanding of COCO’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 13.68 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.92. For the most recent quarter (mrq), Quick Ratio is recorded 2.63 and its Current Ratio is at 3.28. In the meantime, Its Debt-to-Equity ratio is 0.00 whereas as Long-Term Debt/Eq ratio is at 0.00.
On July 24, 2024, Jefferies reiterated its Buy rating and also upped its target price recommendation from $35 to $31.
Piper Sandler Downgraded its Overweight to Neutral on July 12, 2024, whereas the target price for the stock was revised from $29 to $28.
Insider Transactions:
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Jan 22 ’25 when Burth Jonathan sold 4,052 shares for $37.60 per share. The transaction valued at 152,339 led to the insider holds 104,108 shares of the business.
Burth Jonathan sold 200 shares of COCO for $7,505 on Jan 02 ’25. The Chief Operating Officer now owns 104,108 shares after completing the transaction at $37.52 per share. On Dec 19 ’24, another insider, Liran Ira, who serves as the Director of the company, sold 30,000 shares for $35.58 each. As a result, the insider received 1,067,460 and left with 853,729 shares of the company.
Valuation Measures:
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 2160350976 and an Enterprise Value of 1988910976. As of this moment, Vita’s Price-to-Earnings (P/E) ratio for their current fiscal year is 37.96, and their Forward P/E ratio for the next fiscal year is 33.62. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.81. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.37 while its Price-to-Book (P/B) ratio in mrq is 8.57. Its current Enterprise Value per Revenue stands at 4.019 whereas that against EBITDA is 26.164.
Stock Price History:
The Beta on a monthly basis for COCO is 0.29, which has changed by 0.89669 over the last 52 weeks, in comparison to a change of 0.21794415 over the same period for the S&P500. Over the past 52 weeks, COCO has reached a high of $38.91, while it has fallen to a 52-week low of $19.41. The 50-Day Moving Average of the stock is 5.82%, while the 200-Day Moving Average is calculated to be 28.39%.
Shares Statistics:
It appears that COCO traded 514.89K shares on average per day over the past three months and 469850 shares per day over the past ten days. A total of 56.73M shares are outstanding, with a floating share count of 38.88M. Insiders hold about 31.46% of the company’s shares, while institutions hold 61.60% stake in the company. Shares short for COCO as of 1736899200 were 5846298 with a Short Ratio of 11.35, compared to 1734048000 on 6051905. Therefore, it implies a Short% of Shares Outstanding of 5846298 and a Short% of Float of 20.830000000000002.
