The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the brand name Vita Coco in the United States, Canada, Europe, the Middle East, and the Asia Pacific. The company offers coconut oil and coconut milk; sparkling water; Runa, a natural energy drink; a packaged water under the brand Ever & Ever name; and PWR LIFT, a flavorful and protein-infused water. It distributes its products through club, food, drug, mass, convenience, e-commerce, and foodservice channels. The company was formerly known as All Market Inc. and changed its name to The Vita Coco Company, Inc. in September 2021. The Vita Coco Company, Inc. was founded in 2004 and is based in New York, New York.
IPO Year: 2021
Exchange: NASDAQ
Website: thevitacococompany.com
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 7/24/2024 | $35.00 → $31.00 | Buy | Jefferies |
| 7/12/2024 | $29.00 → $28.00 | Overweight → Neutral | Piper Sandler |
| 2/29/2024 | $31.00 | Equal-Weight → Overweight | Stephens |
| 1/22/2024 | Outperform → Mkt Perform | William Blair | |
| 11/13/2023 | $33.00 | Buy | Jefferies |
| 9/19/2023 | $29.00 | Equal-Weight | Morgan Stanley |
| 8/2/2023 | Buy → Neutral | BofA Securities | |
| 6/23/2023 | $30.00 | Equal-Weight | Stephens |
| 4/5/2023 | $25.00 | Buy | Craig Hallum |
| 7/8/2022 | $10.00 → $12.00 | Neutral → Buy | BofA Securities |
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144 - Vita Coco Company, Inc. (0001482981) (Subject)
144 - Vita Coco Company, Inc. (0001482981) (Subject)
144 - Vita Coco Company, Inc. (0001482981) (Subject)
10-Q - Vita Coco Company, Inc. (0001482981) (Filer)
8-K - Vita Coco Company, Inc. (0001482981) (Filer)
8-K - Vita Coco Company, Inc. (0001482981) (Filer)
10-Q - Vita Coco Company, Inc. (0001482981) (Filer)
8-K - Vita Coco Company, Inc. (0001482981) (Filer)
8-K - Vita Coco Company, Inc. (0001482981) (Filer)
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NEW YORK, Nov. 21, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Coconut Company (NYSE:COCO) is making it easy for consumers to treat themselves this busy holiday season with its all-pink Treats-mas giveaway. This December, the leading coconut water brand is delivering 12 days of pink holiday surprises from premium brands fans know and love––including travel kits, jewelry, purses, tech and more—topped off with a 12-pack of Vita Coco Treats. One grand prize winner will take home the ultimate treat of the season: an all-pink SUV. From December 1 through December 12, Vita Coco will surprise fans with a pink prize of the day posted to their Instagram. Prizes range from $1,000 to $60,000, bundled and
Net Sales Decreased 4% to $133 million while Vita Coco Coconut Water Grew 8% Net Income Increased $4 million to $19 million and Non-GAAP Adjusted EBITDA1 Decreased $4 million to $23 million Company Raises Full Year Guidance for Net Sales and Adjusted EBITDA2 NEW YORK, Oct. 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the third quarter ended September 30, 2024. Third Quarter and Year-To-Date 2024 Highlights Compared to Prior Year Period Net sales declined 4% in the third quarter to $133 million resulting in year-to-date being
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIeece4f80fe3a40e8a082f9df6582c25c and dial-in information will be provided directly to you. The live audio webcast will
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO)("Vita Coco"), a leading high-growth platform of better-for-you beverage brands, today announced the launch of its Vita Coco Growing Roots Grant (GRG) program, intended to fund innovative projects that incorporate tree and garden-related learning experiences within under-resourced schools and communities. The program works in partnership with the Arbor Day Foundation to offer School Greening grants to schools recognized through the Arbor Day Foundation's Tree Campus K–12 program. Funding is open for all recognized 2023/2024 K-12 Tree Campuses to apply, and can be used for one of the following three proj
NEW YORK, Oct. 07, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) and social fitness tracking app Strava know life can be a balancing act. Working full-time, raising a family, going to school – the pressure to do it all means having to let some things go. Sometimes, it's marathon training. That's why, today, Vita Coco, the leading coconut water brand, is announcing a new challenge on Strava to help runners get back on track. From October 7 until the marathon on November 3, for every mile run as a part of the challenge, Vita Coco is donating $1 (up to $26,200, in honor of the 26.2 miles of the marathon route) to &Mother, an organization dedicated to empowering moms and
INGLEWOOD, Calif., Sept. 17, 2024 (GLOBE NEWSWIRE) -- As back to school season ramps up, The Vita Coco Company, Inc. (NASDAQ:COCO) has teamed up with international recording artist, actress, activist, and Vita Coco Brand Ambassador—Becky G—to build a new greenspace at her childhood elementary school in Inglewood, California. The greenspace, opening today at Oak Street Elementary School, is a new initiative of the Company's social impact program, the Vita Coco Project® (VCP), which focuses on empowering communities. A proud advocate for her hometown, Becky G returned to Inglewood today to celebrate the opening of the greenspace during a ribbon cutting ceremony at Oak Street Element
Net Sales Increased 3% to $144 million with Vita Coco Coconut Water Growth of 4% Net Income Increased $1 million to $19 million and Non-GAAP Adjusted EBITDA1 Increased $8 million to $32 million Circana US scan data MULO+C, Vita Coco Coconut Water grew 14% Company Reaffirms Full Year Guidance Expects Net Revenue between $500-$510 million and Adjusted EBITDA2 between $76-$82 million NEW YORK, July 31, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the second quarter ended June 3
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the second quarter ended June 30, 2024 on Wednesday, July 31, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BI8d315f452cbc496f9c6ab056102b481f and dial-in information will be provided directly to you. The live audio webcast will be acce
NEW YORK, May 30, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that the Company will participate in the 4th Annual Evercore ISI Consumer and Retail Conference on June 12, 2024. The conference will be held virtually. Martin Roper, Chief Executive Officer, and Corey Baker, Chief Financial Officer, will participate in a virtual fireside chat on Wednesday, June 12, 2024 at 12:30 p.m. Eastern Time. The live webcast of the presentation will be accessible in the "Events" section of the Company's Investor Relations website at https://investors.thevitacococompany.
NEW YORK, May 22, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that the Company will participate in the William Blair Growth Stock Conference on June 5, 2024 in Chicago, Illinois. Martin Roper, Chief Executive Officer, and Corey Baker, Chief Financial Officer, will present on Wednesday, June 5, 2024 at 8:00 a.m. Central Time. The live webcast of the presentation will be accessible in the "Events" section of the Company's Investor Relations website at https://investors.thevitacococompany.com. An archived replay of the webcast will be available shortly af
NEW YORK, March 07, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced the appointment of Corey Baker to the role of Chief Financial Officer, effective immediately upon the filing of the Company's Annual Report on Form 10-K. He will report directly to the Chief Executive Officer, Martin Roper. Baker joins The Vita Coco Company from PepsiCo, where he has worked for 16 years. For the last four years, he has led global finance teams across a variety of global finance roles. He and his team provided financial and strategic leadership across PepsiCo's global teams i
NEW YORK, June 09, 2022 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced the appointment of Aishetu Fatima Dozie to the Company's board of directors following her election at the Company's annual meeting of stockholders held on June 1, 2022. Ms. Dozie brings more than 20 years of significant investment and executive entrepreneurial experience to the Company's board. The other directors standing for re-election, Martin Roper and John Zupo, were also elected at the annual meeting of stockholders and will continue serving as board members. "I am excited that Aisha ha
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
4 - Vita Coco Company, Inc. (0001482981) (Issuer)
NEW YORK, Oct. 16, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the third quarter ended September 30, 2024 on Wednesday, October 30, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIeece4f80fe3a40e8a082f9df6582c25c and dial-in information will be provided directly to you. The live audio webcast will
NEW YORK, July 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the second quarter ended June 30, 2024 on Wednesday, July 31, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BI8d315f452cbc496f9c6ab056102b481f and dial-in information will be provided directly to you. The live audio webcast will be acce
First Quarter Net Sales Increased 2% to $112 million With Vita Coco Coconut Water Growth of 1% First Quarter Net Income Increased $8 million to $14 million and First Quarter Non-GAAP Adjusted EBITDA1 Increased $12 million to $21 million Company raises full year guidance. Expects Net Revenue between $500-$510 million and Adjusted EBITDA2 between $76-$82 million NEW YORK, May 01, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or "the Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the first quarter ended March 31, 2024. First Quarter 2024 Highlights Compared to Prior Year
NEW YORK, April 17, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the first quarter ended March 31, 2024 on Wednesday, May 1, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIf06b4097f030472bb8d451277abbeaf1 and dial-in information will be provided directly to you. The live audio webcast will be acces
NEW YORK, Feb. 14, 2024 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the fourth quarter and full year ended December 31, 2023 on Wednesday, February 28, 2024 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIe6dcf1fadce5486fbe3f13b835deeed7 and dial-in information will be provided directly to you. The live audi
NEW YORK, Oct. 17, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the third quarter ended September 30, 2023 on Tuesday, October 31, 2023 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BI1c04615dffc74402a2b94fb894e2f2b6 and dial-in information will be provided directly to you. The live audio webcast will be
NEW YORK, July 19, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the second quarter ended June 30, 2023 on Wednesday, August 2, 2023 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BI27e3f3277a1c478db1a23c40bb470933 and dial-in information will be provided directly to you. The live audio webcast will be acc
First Quarter Net Sales Increased 14% to $110 million Driven by Vita Coco Coconut Water Growth of 17% on Strong Mid-teens Volume Growth First Quarter Gross Margin of 31% Improving from 20% in the Prior Year First Quarter First Quarter Net Income of $7 million; First Quarter Non-GAAP Adjusted EBITDA1 of $9 million Increasing Full Year 2023 Guidance NEW YORK, May 03, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced financial results for the first q
NEW YORK, April 24, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the first quarter ended March 31, 2023 on Wednesday, May 3, 2023 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIa79870562b5d477d9bec9713d5ee646c and dial-in information will be provided directly to you. The live audio webcast will be acces
NEW YORK, Feb. 22, 2023 (GLOBE NEWSWIRE) -- The Vita Coco Company, Inc. (NASDAQ:COCO) ("Vita Coco" or the "Company"), a leading high-growth platform of better-for-you beverage brands, today announced that it will report financial results for the fourth quarter ended December 31, 2022 on Wednesday, March 8, 2023 before market open. The Company will host a conference call and webcast to discuss these results at 8:30 a.m. ET on the same day. To participate in the live earnings call and question and answer session, please register at https://register.vevent.com/register/BIa79870562b5d477d9bec9713d5ee646c and dial-in information will be provided directly to you. The live audio webcast will be
Jefferies reiterated coverage of The Vita Coco Company with a rating of Buy and set a new price target of $31.00 from $35.00 previously
Piper Sandler downgraded The Vita Coco Company from Overweight to Neutral and set a new price target of $28.00 from $29.00 previously
Stephens upgraded The Vita Coco Company from Equal-Weight to Overweight and set a new price target of $31.00
William Blair downgraded The Vita Coco Company from Outperform to Mkt Perform
Jefferies initiated coverage of The Vita Coco Company with a rating of Buy and set a new price target of $33.00
Morgan Stanley initiated coverage of The Vita Coco Company with a rating of Equal-Weight and set a new price target of $29.00
BofA Securities downgraded The Vita Coco Company from Buy to Neutral
Stephens initiated coverage of The Vita Coco Company with a rating of Equal-Weight and set a new price target of $30.00
Craig Hallum initiated coverage of The Vita Coco Company with a rating of Buy and set a new price target of $25.00
BofA Securities upgraded The Vita Coco Company from Neutral to Buy and set a new price target of $12.00 from $10.00 previously
Shares of ASP Isotopes Inc. (NASDAQ:ASPI) fell during Friday's session after the company announced pricing of a $30 million public offering of 12 million shares at $2.50 per share. ASP Isotopes shares fell 9.2% to $3.2308 on Friday. Here are some other stocks moving in today’s mid-day session. Gainers Vicinity Motor Corp. (NASDAQ:VEV) shares jumped 133.2% to $0.7910 after the company announced CARB certification for the VMC 1200 class 3 electric truck. Qualigen Therapeutics, Inc. (NASDAQ:QLGN) shares rose 110% to $0.4335. TOYO Co., Ltd (NASDAQ:TOYO) climbed 63.4% to $2.5322. Nisun International Enterprise Development Group Co., Ltd (NASDAQ:NISN) jumped 58% to $9.52 foll
Piper Sandler analyst Michael Lavery downgrades Vita Coco (NASDAQ:COCO) from Overweight to Neutral and lowers the price target from $29 to $28.
B of A Securities analyst Bryan Spillane maintains Vita Coco (NASDAQ:COCO) with a Neutral and raises the price target from $27 to $30.
Wells Fargo analyst Chris Carey maintains Vita Coco (NASDAQ:COCO) with a Overweight and raises the price target from $30 to $33.
Stephens & Co. analyst Jim Salera reiterates Vita Coco (NASDAQ:COCO) with a Overweight and maintains $31 price target.
Fiscal Year 2024 Full Year Outlook The Company is raising its full year guidance based on year to date performance and current positive outlook: Expect 2024 net sales to be between $500 million and $510 million, with projected Vita Coco Coconut Water and private label coconut water volume growth, being offset by expected decreases in private label coconut oil business and price/mix effects. Full year gross margin expected to be between 37% and 39%, with recent increases on certain ocean freight routes adversely affecting gross margins beginning in the second quarter. This impact is expected to be most severe in the second quarter and moderate each subsequent quarter. SG&A expenses
Vita Coco (NASDAQ:COCO) reported quarterly earnings of $0.24 per share which beat the analyst consensus estimate of $0.18 by 33.33 percent. This is a 100 percent increase over earnings of $0.12 per share from the same period last year. The company reported quarterly sales of $111.698 million which missed the analyst consensus estimate of $111.764 million by 0.06 percent. This is a 1.77 percent increase over sales of $109.759 million the same period last year.
On CNBC’s "Mad Money Lightning Round," Jim Cramer recommended buying Tyler Technologies, Inc. (NYSE:TYL). "That’s a very well-run company," he noted. On Feb. 14, Tyler Technologies reported mixed financial results for its fourth quarter. Cramer said he would certainly hold on Cisco Systems, Inc. (NASDAQ:CSCO). "Let’s ring the register," Cramer said about Kodiak Gas Services, Inc. (NYSE:KGS), "That stock’s gone up too much." On March 6, Kodiak Gas Services reported worse-than-expected fourth-quarter earnings and issued FY24 guidance. The Vita Coco Company, Inc. (NYSE:COCO) is a "good" stock, Cramer said. On Feb. 28, Vita Coco reported better-than-expected fourth-quarter financial
Piper Sandler analyst Michael Lavery maintains Vita Coco (NASDAQ:COCO) with a Overweight and raises the price target from $24 to $28.
Shares of Bumble Inc. (NASDAQ:BMBL) fell sharply during Wednesday’s session following weak quarterly results. Bumble reported quarterly losses of 19 cents per share which missed the analyst consensus estimate of 12 cents per share. The company reported quarterly sales of $273.64 million which missed the analyst consensus estimate of $275.29 million. Bumble shares dipped 11.6% to $11.65 on Wednesday. Here are some other stocks moving in today's mid-day session. Gainers Vivani Medical, Inc. (NASDAQ:VANI) shares jumped 289% to $3.93 after the company announced preclinical data on weight loss effects for NPM-115 and disclosed that semaglutide is the active pharmaceutical ingredient in N