Upward Trajectory: Vita Coco Company Inc (COCO) Posts a Gaine, Closing at 35.44

For those desiring to outshine the market, the strategic selection of individual stocks is paramount. Well-chosen stocks have the potential to substantially boost your wealth.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

The closing price of Vita Coco Company Inc (NASDAQ: COCO) was $35.44 for the day, up 0.48% from the previous closing price of $35.27. In other words, the price has increased by $0.48 from its previous closing price. On the day, 0.85 million shares were traded. COCO stock price reached its highest trading level at $36.16 during the session, while it also had its lowest trading level at $34.3.

Ratios:

Our analysis of COCO’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 12.73 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 27.84. 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:

Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Nov 06 ’24 when Betz LLC, for the Ira Liran 20 bought 2,824 shares for $35.27 per share.

ROPER MARTIN F sold 15,000 shares of COCO for $527,880 on Nov 05 ’24. The Chief Executive Officer now owns 424,525 shares after completing the transaction at $35.19 per share. On Nov 04 ’24, another insider, ROPER MARTIN F, who serves as the Chief Executive Officer of the company, sold 15,000 shares for $35.02 each. As a result, the insider received 525,330 and left with 429,525 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 2010578432 and an Enterprise Value of 1853888896. As of this moment, Vita’s Price-to-Earnings (P/E) ratio for their current fiscal year is 35.33, and their Forward P/E ratio for the next fiscal year is 31.47. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.06. For the stock, the TTM Price-to-Sale (P/S) ratio is 4.06 while its Price-to-Book (P/B) ratio in mrq is 7.97. Its current Enterprise Value per Revenue stands at 3.746 whereas that against EBITDA is 24.388.

Stock Price History:

Over the past 52 weeks, COCO has reached a high of $35.99, while it has fallen to a 52-week low of $19.41. The 50-Day Moving Average of the stock is 24.17%, while the 200-Day Moving Average is calculated to be 35.66%.

Shares Statistics:

COCO traded an average of 477.00K shares per day over the past three months and 805130 shares per day over the past ten days. A total of 56.90M shares are outstanding, with a floating share count of 38.35M. Insiders hold about 32.46% of the company’s shares, while institutions hold 62.66% stake in the company. Shares short for COCO as of 1728950400 were 5642397 with a Short Ratio of 11.83, compared to 1726185600 on 5465782. Therefore, it implies a Short% of Shares Outstanding of 5642397 and a Short% of Float of 20.1.

Most Popular