◆ NeutralCOCO

Vita Coco Company, Inc. (COCO) Rises Higher Than Market: Key Facts

Zacks Investment Research·
Vita Coco Company, Inc. (COCO) Rises Higher Than Market: Key Facts

Vita Coco Company (COCO) closed at $52.01, up 1.78%, outperforming the S&P 500's 0.86% gain. The company holds a Zacks Rank #1 (Strong Buy) rating with anticipated Q earnings of $0.51 per share (+27.5% YoY) and revenue of $233.73 million (+28.2% YoY). Full-year estimates project $1.96 EPS and $802.62 million revenue. However, COCO trades at a Forward P/E of 26.04, above its industry average of 17.84, though its PEG ratio of 0.96 suggests reasonable valuation relative to growth expectations.

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