Beyond market trends, investors keen on maximizing returns delve into the world of stock picking. The right selections can be instrumental in catapulting your wealth.
As of close of business last night, Coty Inc’s stock clocked out at $11.70, up 0.09% from its previous closing price of $11.69. In other words, the price has increased by $0.09 from its previous closing price. On the day, 4.72 million shares were traded. COTY stock price reached its highest trading level at $11.8 during the session, while it also had its lowest trading level at $11.5.
Ratios:
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 21.66 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.22. 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 this company, Citigroup on April 16, 2024, Reiterated its Neutral rating but revised its target price to $12 from $13 previously.
On April 15, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $14.
TD Cowen Upgraded its Market Perform to Outperform on February 22, 2024, whereas the target price for the stock was revised from $13 to $16.
Insider Transactions:
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 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 10473477120 and an Enterprise Value of 14460875776. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.80, and their Forward P/E ratio for the next fiscal year is 20.65. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.85. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.74 while its Price-to-Book (P/B) ratio in mrq is 2.37. Its current Enterprise Value per Revenue stands at 2.406 whereas that against EBITDA is 13.52.
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 -1.75%, while the 200-Day Moving Average is calculated to be 1.44%.
Shares Statistics:
It appears that COTY traded 4.07M shares on average per day over the past three months and 5080370 shares per day over the past ten days. A total of 852.80M shares are outstanding, with a floating share count of 393.36M. Insiders hold about 56.06% of the company’s shares, while institutions hold 43.36% stake in the company. Shares short for COTY as of 1711584000 were 22780594 with a Short Ratio of 5.59, compared to 1709164800 on 20790883. Therefore, it implies a Short% of Shares Outstanding of 22780594 and a Short% of Float of 5.25.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
