Coffee Holding CoJVA
JVA
About: Coffee Holding Co Inc is engaged in the business of wholesale coffee operations, including manufacturing, roasting, packaging, marketing and distributing roasted and blended coffees for private labeled accounts and its own brands, and it sells green coffee. Its products include wholesale green coffee, private-label coffee, and branded coffee. The company sells its coffee products throughout the United States, Canada and certain countries in Asia.
Employees: 96
0
Funds holding %
of 6,809 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
500% more first-time investments, than exits
New positions opened: 6 | Existing positions closed: 1
61% more capital invested
Capital invested by funds: $1.58M [Q2] → $2.55M (+$967K) [Q3]
50% more repeat investments, than reductions
Existing positions increased: 6 | Existing positions reduced: 4
28% more funds holding
Funds holding: 18 [Q2] → 23 (+5) [Q3]
1.98% more ownership
Funds ownership: 11.83% [Q2] → 13.81% (+1.98%) [Q3]
Research analyst outlook
We haven’t received any recent analyst ratings for JVA.
Financial journalist opinion
Neutral
GlobeNewsWire
1 month ago
Coffee Holding Co., Inc. Announces the Purchase of Assets of Empire Coffee Company
Staten Island, NY, Nov. 11, 2024 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (NASDAQ: JVA) (“Coffee Holding”), a publicly traded integrated wholesale coffee roaster and dealer located in the United States announced today that it purchased all of the assets of Empire Coffee Company (“Empire”) based in Port Chester, NY. The purchase was made under Article 9 of the UCC and consists of Empire's inventory, equipment, accounts receivable, customer list and all intellectual property. To facilitate the purchase, Coffee Holding created a new wholly owned subsidiary named Second Empire. Operations will be conducted by Second Empire. The purchase price of $800,000 was negotiated between Coffee Holding and Empire's former lender and was paid on November 7, 2024. Coffee Holding also entered into a new lease for Empire's property on the same day.
Positive
Seeking Alpha
3 months ago
Coffee Holding: Upgrading On Strong Results And Positive Outlook - Buy (Rating Upgrade)
Coffee Holding reported decent Q3/FY2024 results, with gross margins reaching new multi-year highs and strong cash generation. Subsequent to quarter-end, the company repaid all outstanding amounts under its credit facility and expects to remain debt-free going forward. With management projecting continued cash generation, even a resumption of quarterly dividends could be on the table.
Neutral
GlobeNewsWire
5 months ago
Coffee Holding Co., Inc. Terminates Merger with Delta Corp Holdings Limited
Staten Island, NY, June 24, 2024 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (NASDAQ: JVA) (“Coffee Holding”), a publicly traded integrated wholesale coffee roaster and dealer located in the United States announced today that Coffee Holding has terminated the previously announced Definitive Merger and Share Exchange Agreement, originally announced on September 30, 2022 (the “Merger Agreement”) with Delta Corp. Holdings Limited (“Delta”).
Negative
Benzinga
6 months ago
Top 3 Defensive Stocks That May Fall Off A Cliff This Quarter
As of June 21, 2024, three stocks in the consumer staples sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Neutral
GlobeNewsWire
9 months ago
COFFEE HOLDING CO., INC. ANNOUNCES SPECIAL MEETING OF STOCKHOLDERS TO VOTE ON PROPOSED BUSINESS COMBINATION WITH DELTA CORP HOLDINGS LIMITED; FORM F-4 DECLARED EFFECTIVE
STATEN ISLAND, N.Y., March 07, 2024 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq:JVA) (“Coffee Holding” or the “Company”), a publicly traded integrated wholesale coffee roaster and dealer located in the United States, and Delta Corp Holdings Limited (“Delta”), a fully integrated global business engaged in logistics, fuel supply and asset management primarily servicing the international supply chains, today jointly announced that the registration statement on Form F-4 relating to their proposed business combination was declared effective by the Securities and Exchange Commission (“SEC”) on March 6, 2024. Coffee Holding will hold a special meeting at 12:00 p.m., Eastern Time, on Thursday, March 28, 2024, for consideration and voting on the approval of the business combination and its merger and share exchange agreement, dated September 29, 2022, as amended (the “definitive agreement”), and related proposals described in the registration statement's proxy statement/prospectus. As previously announced, the proposed business combination provides that Coffee Holding and Delta will each become wholly owned subsidiaries of a newly created holding company incorporated under the laws of the Cayman Islands (“Pubco”).
Charts implemented using Lightweight Charts™