Vita Coco (COCO) Expected to Announce Earnings on Thursday

Vita Coco (NASDAQ:COCOGet Free Report) is expected to issue its Q2 2026 results before the market opens on Thursday, July 23rd. Analysts expect the company to post earnings of $0.56 per share and revenue of $209.6870 million for the quarter. Interested persons may review the information on the company’s upcoming Q2 2026 earning results page for the latest details on the call scheduled for Thursday, July 23, 2026 at 8:30 AM ET.

Vita Coco (NASDAQ:COCOGet Free Report) last issued its quarterly earnings results on Wednesday, April 29th. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.34 by $0.16. The business had revenue of $179.77 million during the quarter, compared to analysts’ expectations of $148.39 million. Vita Coco had a return on equity of 25.43% and a net margin of 12.59%.The firm’s revenue for the quarter was up 37.4% compared to the same quarter last year. During the same period in the previous year, the company posted $0.31 earnings per share. On average, analysts expect Vita Coco to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Vita Coco Price Performance

Shares of NASDAQ:COCO opened at $74.75 on Thursday. The business’s 50 day simple moving average is $75.54 and its 200 day simple moving average is $61.50. Vita Coco has a 1 year low of $31.79 and a 1 year high of $85.83. The company has a market capitalization of $4.27 billion, a P/E ratio of 54.56, a P/E/G ratio of 1.77 and a beta of 0.77.

Wall Street Analysts Forecast Growth

COCO has been the subject of a number of recent analyst reports. Citigroup reissued a “buy” rating on shares of Vita Coco in a report on Tuesday, May 26th. Piper Sandler boosted their price target on Vita Coco from $70.00 to $74.00 and gave the company an “overweight” rating in a research note on Thursday, July 9th. Wall Street Zen raised shares of Vita Coco from a “sell” rating to a “buy” rating in a research report on Saturday, May 2nd. Wells Fargo & Company increased their price objective on shares of Vita Coco from $75.00 to $85.00 and gave the stock an “overweight” rating in a research note on Monday, May 18th. Finally, Jefferies Financial Group raised their target price on shares of Vita Coco from $63.00 to $78.00 and gave the company a “buy” rating in a report on Thursday, April 30th. Eight research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Vita Coco currently has an average rating of “Moderate Buy” and a consensus target price of $71.00.

Check Out Our Latest Research Report on COCO

Insiders Place Their Bets

In other news, Chairman Michael Kirban sold 50,000 shares of the business’s stock in a transaction on Thursday, April 30th. The stock was sold at an average price of $68.00, for a total transaction of $3,400,000.00. Following the completion of the transaction, the chairman owned 515,681 shares of the company’s stock, valued at approximately $35,066,308. The trade was a 8.84% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Ira Liran sold 96,158 shares of the company’s stock in a transaction on Thursday, June 11th. The stock was sold at an average price of $79.14, for a total value of $7,609,944.12. Following the sale, the director owned 476,421 shares of the company’s stock, valued at approximately $37,703,957.94. This represents a 16.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 596,950 shares of company stock worth $43,711,695 over the last 90 days. Corporate insiders own 12.90% of the company’s stock.

Institutional Investors Weigh In On Vita Coco

Hedge funds have recently made changes to their positions in the stock. Caitong International Asset Management Co. Ltd grew its holdings in shares of Vita Coco by 2,636.8% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 520 shares of the company’s stock valued at $28,000 after purchasing an additional 501 shares during the last quarter. Quarry LP lifted its stake in Vita Coco by 12,633.3% in the 3rd quarter. Quarry LP now owns 764 shares of the company’s stock valued at $32,000 after purchasing an additional 758 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Vita Coco by 5,376.0% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,369 shares of the company’s stock valued at $49,000 after purchasing an additional 1,344 shares during the last quarter. Tower Research Capital LLC TRC boosted its position in Vita Coco by 113.3% in the second quarter. Tower Research Capital LLC TRC now owns 4,641 shares of the company’s stock valued at $168,000 after buying an additional 2,465 shares in the last quarter. Finally, FourThought Financial Partners LLC acquired a new stake in Vita Coco in the third quarter valued at approximately $201,000. 88.49% of the stock is currently owned by institutional investors and hedge funds.

Vita Coco Company Profile

(Get Free Report)

Vita Coco, Inc (NASDAQ: COCO) is a global beverage company specializing in coconut-based products. Founded in 2004 by Michael Kirban and Ira Liran, the company pioneered the introduction of refrigerated coconut water to U.S. consumers. Headquartered in New York City, Vita Coco sources coconuts from growers in tropical regions such as the Philippines, Indonesia and Brazil, partnering with local farmers to promote sustainable agriculture and community development.

The company’s flagship offering, Vita Coco Original Coconut Water, is available in multiple pack sizes and a variety of flavors.

See Also

Earnings History for Vita Coco (NASDAQ:COCO)

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