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Vita Coco Company Inc (NASDAQ: COCO) closed the day trading at $34.21 down -0.73% from the previous closing price of $34.46. In other words, the price has decreased by -$0.73 from its previous closing price. On the day, 0.69 million shares were traded. COCO stock price reached its highest trading level at $34.8899 during the session, while it also had its lowest trading level at $34.03.
Ratios:
For a better understanding of COCO, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.05 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 26.36. 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.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for this company, Jefferies on July 24, 2024, Reiterated its Buy rating but revised its target price to $31 from $35 previously.
On July 12, 2024, Piper Sandler Downgraded its rating to Neutral which previously was Overweight and also lowered its target price recommendation from $29 to $28.
Stephens Upgraded its Equal-Weight to Overweight on February 29, 2024, while the target price for the stock was maintained at $31.
Insider Transactions:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. A recent insider transaction in this stock occurred on Jan 02 ’25 when Burth Jonathan sold 200 shares for $37.52 per share. The transaction valued at 7,505 led to the insider holds 104,108 shares of the business.
Liran Ira sold 30,000 shares of COCO for $1,067,460 on Dec 19 ’24. The Director now owns 853,729 shares after completing the transaction at $35.58 per share. On Dec 17 ’24, another insider, ROPER MARTIN F, who serves as the Chief Executive Officer of the company, sold 15,000 shares for $36.38 each. As a result, the insider received 545,720 and left with 294,025 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 1940798208 and an Enterprise Value of 1784108672. As of this moment, Vita’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.10, and their Forward P/E ratio for the next fiscal year is 30.36. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.99. For the stock, the TTM Price-to-Sale (P/S) ratio is 3.85 while its Price-to-Book (P/B) ratio in mrq is 7.70. Its current Enterprise Value per Revenue stands at 3.605 whereas that against EBITDA is 23.47.
Stock Price History:
The Beta on a monthly basis for COCO is 0.29, which has changed by 0.40538335 over the last 52 weeks, in comparison to a change of 0.24933672 over the same period for the S&P500. Over the past 52 weeks, COCO has reached a high of $37.88, while it has fallen to a 52-week low of $19.41. The 50-Day Moving Average of the stock is -2.13%, while the 200-Day Moving Average is calculated to be 18.94%.
Shares Statistics:
Over the past 3-months, COCO traded about 464.62K shares per day on average, while over the past 10 days, COCO traded about 459400 shares per day. 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 62.50% stake in the company. Shares short for COCO as of 1734048000 were 6051905 with a Short Ratio of 13.03, compared to 1731628800 on 6134602. Therefore, it implies a Short% of Shares Outstanding of 6051905 and a Short% of Float of 21.560000000000002.
