How to Buy Vita Coco Company Stock
Vita Coco Company Inc
The Vita Coco Company, Inc. develops, markets, and distributes coconut water products under the Vita Coco brand name in the United States, Canada, Europe, the Middle East, and the Asia Pacific.
Vita Coco Company stock last closed at $24.11, down 0.33% from the previous day, and has increased 15.41% in one year. It has underperformed other stocks in the Beverages - Non-Alcoholic industry by 0.11 percentage points. Vita Coco Company stock is currently +24.21% from its 52-week low of $19.41, and -27.58% from its 52-week high of $33.29.
As of Apr 25, 2024, there are 56.93M shares of COCO outstanding. The market capitalization of COCO is $1.37B. In the last 24 hours, 319,634 COCO shares were traded.
How to Buy Vita Coco Company Stock
Not sure how to invest in Vita Coco Company stock? Here's how.
- Figure out where to buy Vita Coco Company stock: You need to pick an online brokerage, but don't worry - we've tried dozens of online brokerages and apps to help you decide where to buy Vita Coco Company stock.
- Open a brokerage account: Sign up for 0% commission trading with the highest-rated brokerage we've identified.
- Fund your brokerage account: Choose your method of payment and add your details.
- Evaluate Vita Coco Company stock: The Vita Coco Company ticker symbol is COCO. Is Vita Coco Company stock a good investment? Should you buy shares of COCO? How do COCO's underlying business fundamentals look? Do top analysts think Vita Coco Company is a good buy? Why has COCO's stock price moved recently? (Hint: Our stock market analysis website can help you evaluate if COCO is a good stock to buy).
- Make your COCO buy order: Decide if you will purchase COCO shares at the current market price or use a limit order to purchase COCO shares at a specific price.
- Monitor your COCO position: Create a watchlist to key updates about your investment in Vita Coco Company shares.
Step 1: Figure out where to buy Vita Coco Company stock
You need a brokerage account in order to access the NASDAQ market and buy COCO stock.
Our preferred brokerage: eToro
In our opinion, eToro is the best brokerage. Here's why:
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- Buy fractional shares: Even if you can't afford a full share, you can still purchase the stock.
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- Social investing: eToro boasts a community of more than 20 million users worldwide. Talk to, learn from, and copy the crypto trades of other investors.
- Security: eToro is a regulated and licensed fintech leader.
- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your purchase of shares by creating an account with eToro now.
Open eToro AccountStep 2: Open a brokerage account
Now that you've picked your brokerage, it's time to fill out some personal details so you are able to invest in COCO stock today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Provide your personal info to create your new trading account.
- Send your information by hitting the "Create Account" button. Get started with eToro today
Step 3: Fund your brokerage account
Now that you have finished signing up on investing apps, you can securely and quickly fund your account:
Check out the video below if you need help depositing funds into your new investment account.
Step 4: Evaluate Vita Coco Company stock
Once you have decided on the best place to buy Vita Coco Company stock, it's critical to analyze their stock prior to buying, so you truly wrap your head around the risk and opportunity.
Vita Coco Company shares data
Vita Coco Company Overview
WallStreetZen was created to help average investors perform more in-depth fundamental analysis quickly.
You can view all of the due diligence checks on COCO's stock page.
Is COCO stock undervalued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge COCO's true value.
Using relative valuations methods:
- COCO could be overvalued based on its P/E ratio of 29.05x, relative to Beverages - Non-Alcoholic industry P/E ratio of 26.79x
- COCO may be undervalued based on its P/B ratio of 6.78x, relative to Beverages - Non-Alcoholic industry P/B ratio of 7.05x
- COCO could be undervalued based on its PEG ratio of 0.82x
You can access additional valuation analysis on COCO's stock here.
COCO Financial Health Summary
Passed Health Checks:
- COCO's operating cash flow of $107.16M allows it to safely service it's debt of $26.00k.
- There are more short-term assets than short-term liabilities on the COCO balance sheet.
- There are more short-term assets than long-term liabilities on the COCO balance sheet.
- COCO profit margin has gone up from 1.8% to 9.4% in the past year.
- COCO earnings of $57.95M is not enough to cover its interest payments.
Failed Health Checks:
- COCO has a relatively high debt to equity ratio of 0.41.
Is it a good time to buy COCO stock, according to Wall Street analysts?
Out of 3 Equities analysts who monitor COCO, the consensus analyst rating on Vita Coco Company is a Strong Buy
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
You can dive deeper into what analysts are projecting on the Vita Coco Company stock forecast page.
COCO Trading Indicators
COCO Performance Metrics
Last year, COCO earnings were $46.63M. In the last 4 year, COCO's earnings have grown by 48.65% per year. This was faster than the Beverages - Non-Alcoholic industry average of 9.32%.
Last year, COCO revenue was $493.61M. In the last four year, COCO's revenue has gone up by 14.82% per year. This was faster than the Beverages - Non-Alcoholic industry average of 9.54%.
You can research COCO's earnings and revenue performance here.
Are COCO executives and large shareholders buying or selling the stock?
In the last year, insiders at COCO have sold more shares than they have bought.
Michael Kirban, Executive Chairman of COCO, was the latest COCO insider to sell. They sold $445,116.65 worth of COCO stock on Apr 4, 2024.
Learn more about who owns COCO stock here.
Can I rely on COCO as an income stream?
No, Vita Coco Company doesn't provide an income stream by paying out dividends.
What do other investors have to say about COCO?
One of the reasons eToro is our top-rated brokerage is because of its social trading community.
Click below to learn what other investors have to say.
Step 5: Make your COCO buy order
You have two primary order types:
- Market order: A market order is an order to buy or sell a security at the best available price.
Market orders are generally fine for most investors. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given price, use a limit order.
Press the Open Trade button and eToro will place the order.
If you want more info about investing in stocks on eToro, click the helpful video below:
Step 6: Monitor your COCO position
Now that you own some COCO shares, you'll want to keep up with your new shares.
Create a watchlist to keep track of your COCO stock.
COCO Feed
How to Buy Stock in Vita Coco Company
To reiterate, here are the 6 steps you need to take to buy Vita Coco Company stock right now:
- Figure out where to buy Vita Coco Company stock
- Open a brokerage account
- Fund your brokerage account
- Evaluate Vita Coco Company stock
- Make your COCO buy order
- Monitor your COCO position
If you need a brokerage account, eToro is our favorite option.
Get Started with eToro TodayIf you would like to track your new investment in Vita Coco Company, click below.
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