(COCO) Vita Coco - Ratings and Ratios

The Vita Coco Company, Inc. is a leading player in the coconut water market, operating under the Vita Coco brand name across multiple regions including the United States, Canada, Europe, the Middle East, Africa, and the Asia Pacific. Beyond coconut water, the company has diversified its product portfolio to include coconut oil, coconut juice, coconut milk, and packaged water under the Ever & Ever brand. Additionally, it offers PWR LIFT, a protein-infused fitness drink catering to the fitness and wellness segment. The company also engages in private label manufacturing for retailers, expanding its reach across various distribution channels including club stores, food, drug, mass market, convenience stores, e-commerce, and foodservice.

With a history dating back to its incorporation in 2004 as All Market Inc., the company rebranded to The Vita Coco Company, Inc. in September 2021, marking a significant milestone in its evolution. Headquartered in New York, New York, Vita Coco has established itself as a significant entity in the beverage industry, particularly within the soft drinks and non-alcoholic beverages segment.

Analyzing the companys , the current stock price is $33.78, indicating a potential undervaluation given its SMA50 and SMA200 values are around $33.08 and $33.15, respectively. The ATR of 1.23 represents a 3.65% volatility, suggesting moderate price movements. The stock has seen a 52-week high of $40.30 and a low of $23.68, indicating a considerable range. Considering the , with a market cap of $1943.13M USD, a P/E ratio of 33.91, and a forward P/E of 28.82, the company appears to be reasonably valued with potential for growth, supported by a RoE of 23.74%, which is a strong indicator of profitability.

Forecasting the future performance of COCO based on the available data, the stock is likely to experience a positive trajectory. The relatively stable SMA50 and SMA200 values suggest a strong support level around $33, and with the current price being slightly above this, theres potential for upward movement. The companys diversified product portfolio and its presence in multiple geographies provide a solid foundation for growth. Additionally, the beverage industrys trend towards healthier and natural products aligns with Vita Cocos offerings, potentially driving demand. Thus, a forecast of reaching towards the 52-week high of $40.30 within the next 6-12 months is plausible, contingent upon continued strong financial performance and favorable market conditions.