The closing price of Coty Inc (NYSE: COTY) was $11.92 for the day, down -1.41% from the previous closing price of $12.09. In other words, the price has decreased by -$0.17 from its previous closing price. On the day, 3246061 shares were traded.
Ratios:
Our analysis of COTY’s different ratios will help us gain a deeper understanding of the company. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 22.07 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.79. For the most recent quarter (mrq), Quick Ratio is recorded 0.58 and its Current Ratio is at 0.85. In the meantime, Its Debt-to-Equity ratio is 0.94 whereas as Long-Term Debt/Eq ratio is at 0.92.
Upgrades & Downgrades
In addition, analysts’ ratings and any changes thereto give investors an idea of the stock’s future direction. In the most recent recommendation for the company, TD Cowen on February 22, 2024, Upgraded its rating to Outperform and sets its target price to $16 from $13 previously.
On October 17, 2023, TD Cowen started tracking the stock assigning a Market Perform rating and target price of $11.
On October 10, 2023, Kepler started tracking the stock assigning a Hold rating and target price of $11.66.Kepler initiated its Hold rating on October 10, 2023, with a $11.66 target price.
Insider Transactions:
Also, insider trades can serve as a great indicator of what management thinks about the future direction of a stock’s price. A recent insider transaction in this stock occurred on Mar 06 ’24 when Singer Robert S sold 30,000 shares for $12.70 per share. The transaction valued at 380,877 led to the insider holds 120,000 shares of the business.
Singer Robert S sold 20,000 shares of COTY for $254,364 on Mar 06 ’24. The Director now owns 121,500 shares after completing the transaction at $12.72 per share. On Mar 05 ’24, another insider, Singer Robert S, who serves as the Director of the company, sold 19,982 shares for $12.60 each. As a result, the insider received 251,849 and left with 150,000 shares of the company.
Valuation Measures:
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 10.82B and an Enterprise Value of 14.52B. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 34.43, and their Forward P/E ratio for the next fiscal year is 21.20. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.78 while its Price-to-Book (P/B) ratio in mrq is 2.41. Its current Enterprise Value per Revenue stands at 2.42 whereas that against EBITDA is 11.86.
Stock Price History:
Over the past 52 weeks, COTY has reached a high of $13.46, while it has fallen to a 52-week low of $9.02. The 50-Day Moving Average of the stock is 12.30, while the 200-Day Moving Average is calculated to be 11.63.
Shares Statistics:
COTY traded an average of 3.86M shares per day over the past three months and 2.98M shares per day over the past ten days. A total of 852.80M shares are outstanding, with a floating share count of 393.46M. Insiders hold about 56.05% of the company’s shares, while institutions hold 43.67% stake in the company. Shares short for COTY as of Feb 29, 2024 were 20.79M with a Short Ratio of 5.39, compared to 20.51M on Jan 31, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.32% and a Short% of Float of 4.79%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
Earnings Estimates
The firm’s stock currently is rated by 14 analysts. On average, analysts expect EPS of $0.06 for the current quarter, with a high estimate of $0.08 and a low estimate of $0.02, while EPS last year was $0.19. The consensus estimate for the next quarter is $0.05, with high estimates of $0.06 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.5 and $0.4 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.56, with 17 analysts recommending between $0.62 and $0.43.
Revenue Estimates
A total of 16 analysts have provided revenue estimates for COTY’s current fiscal year. The highest revenue estimate was $6.2B, while the lowest revenue estimate was $6.07B, resulting in an average revenue estimate of $6.13B. In the same quarter a year ago, actual revenue was $5.55B, up 10.30% from the average estimate. Based on 16 analysts’ estimates, the company’s revenue will be $6.48B in the next fiscal year. The high estimate is $6.59B and the low estimate is $6.29B. The average revenue growth estimate for next year is up 5.70% from the average revenue estimate for this year.
