With 0.6 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.57 million shares. The 52-week range on COCO shows that it touched its highest point at $40.32 and its lowest point at $23.00 during that stretch. It currently has a 1-year price target of $37.44. Beta for the stock currently stands at 0.33.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COCO was down-trending over the past week, with a drop of -1.90%, but this was down by -10.70% over a month. Three-month performance dropped to -6.98% while six-month performance rose 26.57%. The stock gained 26.42% in the past year, while it has lost -10.43% so far this year. A look at the trailing 12-month EPS for COCO yields 0.95 with Next year EPS estimates of 1.35. For the next quarter, that number is 0.21. This implies an EPS growth rate of 17.13% for this year and 23.07% for next year. EPS is expected to grow by 20.26% annually over the next five years; however, over the past five years, the company experienced an annual growth rate of 40.94%.
Float and Shares Shorts:
At present, 56.96 million COCO shares are outstanding with a float of 39.10 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COCO since 5 analysts follow the stock currently. There are 4 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 1 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $1.03832 being high and $0.96636 being low. For COCO, this leads to a yearly average estimate of $0.98692. Based on analyst estimates, the high estimate for the next quarter is $0.4 and the low estimate is $0.32. The average estimate for the next quarter is thus $0.35.
