Vita Coco Shares Slip 3.17% Underperforming Sector’s 10.7% One-Month Gain
Vita Coco ended at $56.56, down 3.17%, underperforming the S&P’s 0.33% dip after a 4.96% one-month gain trailing the Consumer Staples sector’s 10.69% rise. Q4 EPS of $0.13 on $126.87m revenue is expected Feb 18, with full-year EPS $1.23 and revenue $608.9m; forward P/E is 36.9.
1. Stock Performance
Vita Coco closed the most recent session at $56.56, down 3.17%, versus a 0.33% drop in the S&P 500. Over the past month the stock gained 4.96%, lagging the 10.69% rise in the Consumer Staples sector.
2. Earnings Outlook
Vita Coco is set to report fourth quarter results on February 18, with EPS forecast at $0.13, up 8.3% year-over-year, on revenue of $126.87 million, down 0.3% from last year. Full-year projections call for $1.23 EPS, up 14.9%, and $608.87 million in revenue, up 18%.
3. Valuation
The stock trades at a forward P/E of 36.91, a premium to the industry average of 19.05, and a PEG ratio of 1.65 versus the industry’s 2.1. It holds a Zacks Rank of #4 and sits in the bottom 31% of its industry by Zacks Industry Rank.