Vita Coco Shares Slip 3.94% Despite 13.7% Revenue Growth Estimate
Vita Coco’s shares fell 3.94% to close at $53.00, underperforming the S&P 500’s 0.57% decline despite a 0.32% monthly gain. Analysts forecast quarter earnings of $0.34 per share (up 9.68% YoY) on $148.9 million revenue (up 13.72%), with a forward P/E of 34.9.
1. Recent share performance
Vita Coco shares closed at $53.00 after a 3.94% decline, trailing the S&P 500’s 0.57% drop, Dow’s 1.61% slide and Nasdaq’s 0.26% fall. Over the past month, the stock has gained 0.32%, outpacing the Consumer Staples sector’s 0.16% loss and the S&P 500’s 0.15% loss.
2. Upcoming earnings estimates
For the upcoming quarter, analysts expect earnings of $0.34 per share, a 9.68% increase year-over-year, and revenue of $148.88 million, up 13.72% from the prior-year period. Full-year consensus forecasts call for $1.58 in EPS (up 32.77%) on $698.51 million in revenue (up 14.55%).
3. Valuation metrics
The stock trades at a forward P/E of 34.87, a premium to the industry average of 19.96, and carries a PEG ratio of 1.74 versus the 2.24 industry norm, indicating a valuation above peers despite moderate growth expectations.