With 1.79 million shares changed hands, the volume of the stock remained heavier than its average volume of 0.89 million shares. The 52-week range on COCO shows that it touched its highest point at $40.32 and its lowest point at $23.56 during that stretch. It currently has a 1-year price target of $38.22. Beta for the stock currently stands at 0.38.
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 up-trending over the past week, with a rise of 6.93%, but this was up by 15.31% over a month. Three-month performance dropped to -10.88% while six-month performance rose 1.31%. The stock gained 29.81% in the past year, while it has lost -3.49% so far this year. A look at the trailing 12-month EPS for COCO yields 1.02 with Next year EPS estimates of 1.34. For the next quarter, that number is 0.37. This implies an EPS growth rate of 21.38% for this year and 17.35% for next year. EPS is expected to grow by 18.58% 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, 57.02 million COCO shares are outstanding with a float of 42.73 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 $0.36 and the low estimate is $0.3. The average estimate for the next quarter is thus $0.32.
