As of close of business last night, Coty Inc.’s stock clocked out at $10.76, down -1.82% from its previous closing price of $10.96. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 7392104 shares were traded.
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To gain a deeper understanding of COTY’s stock, we examine its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 37.75 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 31.81. For the most recent quarter (mrq), Quick Ratio is recorded 0.40 and its Current Ratio is at 0.70. In the meantime, Its Debt-to-Equity ratio is 1.19 whereas as Long-Term Debt/Eq ratio is at 1.17.
Upgrades & Downgrades
Investing in insider trades can also provide an investor with insight into how management views future stock prices. A recent insider transaction in this stock occurred on Nov 15 when Goudet Olivier bought 100,000 shares for $7.61 per share. The transaction valued at 760,980 led to the insider holds 1,039,129 shares of the business.
Goudet Olivier bought 100,000 shares of COTY for $755,970 on Nov 14. The Director now owns 939,129 shares after completing the transaction at $7.56 per share. On Nov 10, another insider, Goudet Olivier, who serves as the Director of the company, bought 100,000 shares for $7.35 each. As a result, the insider paid 734,760 and bolstered with 839,129 shares of the company.
Investors should consider key stock statistics when deciding whether to invest or divest. In the wake of the recent closing price, COTY now has a Market Capitalization of 9.94B and an Enterprise Value of 14.45B. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 57.54, and their Forward P/E ratio for the next fiscal year is 22.75. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.57. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.72 while its Price-to-Book (P/B) ratio in mrq is 2.45. Its current Enterprise Value per Revenue stands at 2.69 whereas that against EBITDA is 13.98.
Stock Price History:
Over the past 52 weeks, COTY has reached a high of $12.64, while it has fallen to a 52-week low of $5.90. The 50-Day Moving Average of the stock is 11.68, while the 200-Day Moving Average is calculated to be 9.20.
It appears that COTY traded 5.19M shares on average per day over the past three months and 4.97M shares per day over the past ten days. A total of 851.60M shares are outstanding, with a floating share count of 351.59M. Insiders hold about 2.80% of the company’s shares, while institutions hold 37.80% stake in the company. Shares short for COTY as of Apr 27, 2023 were 16.34M with a Short Ratio of 16.34M, compared to 19.31M on Mar 30, 2023. Therefore, it implies a Short% of Shares Outstanding of 1.92% and a Short% of Float of 4.53%.
As of right now, 13 analysts gave their recommendation on the stock of the company. On average, analysts expect EPS of $0.01 for the current quarter, with a high estimate of $0.02 and a low estimate of $0, while EPS last year was -$0.01. The consensus estimate for the next quarter is $0.16, with high estimates of $0.18 and low estimates of $0.13.
Analysts are recommending an EPS of between $0.54 and $0.41 for the fiscal current year, implying an average EPS of $0.53. EPS for the following year is $0.47, with 14 analysts recommending between $0.64 and $0.41.
In the current quarter, 11 analysts expect revenue to total $1.27B. It ranges from a high estimate of $1.29B to a low estimate of $1.25B. As of the current estimate, Coty Inc.’s year-ago sales were $1.17B, an estimated increase of 8.40% from the year-ago figure. For the next quarter, 9 analysts are estimating revenue of $1.49B, an increase of 8.30% less than the figure of $8.40% in the same quarter last year. There is a high estimate of $1.52B for the next quarter, whereas the lowest estimate is $1.44B.
A total of 14 analysts have provided revenue estimates for COTY’s current fiscal year. The highest revenue estimate was $5.49B, while the lowest revenue estimate was $5.45B, resulting in an average revenue estimate of $5.47B. In the same quarter a year ago, actual revenue was $5.3B, up 3.10% from the average estimate. Based on 14 analysts’ estimates, the company’s revenue will be $5.83B in the next fiscal year. The high estimate is $5.95B and the low estimate is $5.7B. The average revenue growth estimate for next year is up 6.60% from the average revenue estimate for this year.