Vita Coco Company, Inc. (COCO) closed at $33.78 in the latest trading session, marking a +1.78% move from the prior day.
Vita Coco Company, Inc. (COCO) closed the most recent trading day at $34.10, moving -1.47% from the previous trading session.
I am neutral on The Vita Coco Company due to unresolved tariff risks, making it difficult to support the steep earnings ramp implied in consensus. Despite strong brand momentum and category leadership, the near-term setup is murky, with unresolved tariffs and unpredictable freight rates impacting margins. COCO's valuation is not demanding, but uncertainty around tariffs and potential input cost increases make it risky to underwrite significant EPS growth.
The Vita Coco Company, Inc. (NASDAQ:COCO ) Q1 2025 Earnings Conference Call April 30, 2025 8:30 AM ET Company Participants John Mills - Managing Partner, ICR Mike Kirban - Executive Chairman Martin Roper – CEO Corey Baker - CFO Conference Call Participants Ethan Huntley - Goldman Sachs Kaumil Gajrawala - Jefferies Eric Serotta - Morgan Stanley Jim Salera - Stephens Eric Des Lauriers - Craig-Hallum Michael Lavery - Piper Sandler Robert Ottenstein - Evercore ISI Operator Good day, and welcome to The Vita Coco Company First Quarter 2025 Earnings Conference Call. At this time, all participants will be in a listen-only mode.
Vita Coco Company, Inc. (COCO) came out with quarterly earnings of $0.31 per share, beating the Zacks Consensus Estimate of $0.22 per share. This compares to earnings of $0.24 per share a year ago.
In the closing of the recent trading day, Vita Coco Company, Inc. (COCO) stood at $31.29, denoting a +1.52% change from the preceding trading day.
Vita Coco Company, Inc. (COCO) concluded the recent trading session at $34.54, signifying a -1.06% move from its prior day's close.
I am upgrading Vita Coco Co. stock to a buy rating due to its attractive valuation and potential to outperform FY25 guidance. COCO's strong sales growth, driven by robust demand and international expansion, highlights the brand's strength and growth potential beyond the US market. The new 1-liter package and extended distribution partnerships, along with innovative products like Vita Coco Treats, are expected to drive future growth.
The Vita Coco Company, Inc. (NASDAQ:COCO ) Q4 2024 Earnings Conference Call February 26, 2024 8:30 AM ET Company Participants John Mills - Managing Partner, ICR Mike Kirban - Executive Chairman Martin Roper - CEO Corey Baker - CFO Conference Call Participants Ethan Huntley - Goldman Sachs Eric Serotta - Morgan Stanley Chris Carey - Wells Fargo Michael Lavery - Piper Sandler Eric Des Lauriers - Craig-Hallum Jim Salera - Stephens Operator Good day, and welcome to The Vita Coco Company Fourth Quarter 2024 Earnings Conference Call. At this time, all participants will be in a listen-only mode.
Vita Coco Company (COCO) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
Vita Coco Company, Inc. (COCO) came out with quarterly earnings of $0.12 per share, beating the Zacks Consensus Estimate of $0.08 per share. This compares to earnings of $0.11 per share a year ago.
Here is how Vita Coco Company, Inc. (COCO) and Marine Harvest ASA (MHGVY) have performed compared to their sector so far this year.