COCO Outperforms S&P 500 with 2.99% Gain Amid Q1 Earnings Expectations

Vita Coco Company, Inc. (COCO) stock rose 2.99% to $47.91, outperforming the S&P 500's 2.91% gain and Dow's 2.49% gain. The company is expected to report a 9.68% EPS increase and a 13.72% revenue increase in its upcoming earnings release. COCO has a Zacks Rank of #3 (Hold) and a forward P/E ratio of 29.4, higher than the industry average of 18.28. The PEG ratio is 1.46, matching the industry average.