Coco Stock Symbol: Insights into Business Performance and Growth

Coco Stock Symbol is a popular choice among investors, and understanding its performance and growth is crucial for making informed decisions. The stock symbol is COCO.

COCO has a market capitalization of around $1 billion, a significant increase from its initial public offering in 2017. This growth is a testament to the company's innovative approach to the cocoa industry.

COCO's revenue has been steadily increasing over the years, with a notable spike in 2020 due to the growing demand for sustainable and eco-friendly products. This trend is expected to continue in the coming years.

The company's diversified product portfolio, which includes cocoa powder, chocolate chips, and other related products, has contributed to its success. COCO's products are widely used in the food industry, from bakeries to restaurants.

The financial performance of The Vita Coco Company is impressive, with revenue reaching $493.61 million in 2023, a 15.39% increase from the previous year.

This significant growth is a testament to the company's ability to expand its market share and increase sales.

Earnings were $46.63 million, marking a substantial 496.74% increase from the previous year, indicating a strong bottom-line performance.

Analysts are also optimistic about the company's future prospects, with an average rating of "Buy" from 5 analysts, based on the 12-month stock price forecast of $34.6.

However, this forecast represents a decrease of -8.34% from the latest price, suggesting that investors may need to be patient for the stock to reach its predicted value.

The company's ability to beat gross margin expectations and report earnings growth of 1.8% is a promising sign for its future performance.

The Vita Coco Company's financial performance is worth taking a closer look at. In 2023, the company's revenue was a significant $493.61 million.

This represents a substantial increase of 15.39% compared to the previous year's revenue of $427.79 million. Earnings were also on the rise, reaching $46.63 million in 2023.

That's a staggering 496.74% increase from the previous year's earnings, which is certainly a positive trend for the company's investors.

Coco stock symbol, also known as Coca-Cola Company, has a market capitalization of over $250 billion.

As of the latest financial reports, Coca-Cola has a dividend yield of around 3.2%, making it an attractive investment option for income-seeking investors.

Coca-Cola's strong brand portfolio and global reach have helped the company maintain its position as one of the world's largest beverage companies.

Investors have been drawn to Coca-Cola's consistent dividend payments, with the company having increased its dividend payout for 59 consecutive years.

Vita Coco has provided an impressive return of 81.04% since its IPO in 2021. This is a significant achievement that's caught the attention of investors.

The company has consistently exceeded EPS expectations for six quarters, demonstrating its ability to deliver strong financial performance. This consistency is a key factor in attracting and retaining investors.

Investors can expect Vita Coco to triple its EPS in FY 2023, according to projections. This could lead to further growth and increased returns for investors.

When evaluating the performance of COCO, it's essential to consider its shareholder returns. Over the past 7 days, COCO saw a decline of -5.6%.

COCO significantly outperformed the US Beverage industry, which returned -0.1% over the past year. This is a notable difference, especially when considering the long-term impact on investors.

Here's a comparison of COCO's returns with the US Market and US Beverage industry:

COCO's 71.4% return over the past year is particularly impressive, especially when compared to the US Market's 18.3% return.

COCO stock has seen a significant increase in its market value, with a market cap of $2,141,629,000. This is a substantial amount of money, and it's a good sign for investors.

The stock's current price is $37.75, which is within the year's range of $23 to $40. This means that the stock has had a bit of a wild ride, but it's currently trading near the higher end of its range.

Here are some key stats that give us a better idea of COCO's stock performance:

Overall, COCO's stock performance is looking strong, with a significant increase in value over the past year.

The current share price of Vita Coco Company is $37.75, which is a 2.33% drop from its price last month. This slight decline is a minor blip on the radar of its overall stock performance.

The company's 52-week high was $40.32, while its low was $21.19, demonstrating a significant range of fluctuation. This volatility is reflected in its beta of 0.29, which indicates a relatively stable stock.

In the past year, Vita Coco's stock has seen a remarkable 71.36% increase in value. Over the past three years, the stock has surged by a staggering 225.71%. This impressive growth has been fueled by the company's steady revenue increases.

Here's a breakdown of the company's stock performance over the past year:

The company's market capitalization is a substantial $2.14 billion, and it's listed on the NASDAQ exchange. This significant market presence is a testament to Vita Coco's growing influence in the industry.

Vita Coco Company, Inc. (COCO) is a company that develops, markets, and distributes coconut water products under the Vita Coco brand name.

Their products are sold in the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific.

International sales gains are driving the company's success, with shares of Vita Coco rising.

The average price target for COCO stock is $35.67, with a highest price target of $42.00 and a lowest price target of $30.00.

Here is a breakdown of the price targets:

The downside to the average price target is -5.51%.

COCO's price volatility is a key factor to consider when evaluating its stock performance. COCO's average weekly movement is 4.4%, which is slightly higher than the beverage industry average of 4.1%.

The US market, on the other hand, has seen an average movement of 6.0%, making COCO's price relatively stable compared to the broader market.

COCO's weekly volatility has been stable over the past year, with a consistent 4% movement.

Here's a comparison of COCO's volatility with other market averages: