As of close of business last night, Coty Inc’s stock clocked out at $11.15, up 1.09% from its previous closing price of $11.03. In other words, the price has increased by $+0.12 from its previous closing price. On the day, 2620725 shares were traded.
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 20.64 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 28.80. 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:
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 9.98B and an Enterprise Value of 13.68B. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 32.21, and their Forward P/E ratio for the next fiscal year is 19.88. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.76. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.66 while its Price-to-Book (P/B) ratio in mrq is 2.26. Its current Enterprise Value per Revenue stands at 2.28 whereas that against EBITDA is 11.17.
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 12.15, while the 200-Day Moving Average is calculated to be 11.61.
Shares Statistics:
It appears that COTY traded 3.89M shares on average per day over the past three months and 3.92M 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 43.67% stake in the company. Shares short for COTY as of Mar 15, 2024 were 19.72M with a Short Ratio of 5.07, compared to 22.71M on Feb 15, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.20% and a Short% of Float of 4.54%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
Earnings Estimates
As of right now, 14 analysts gave their recommendation on the stock of the company. 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 10.40% from the average estimate. Based on 17 analysts’ estimates, the company’s revenue will be $6.49B in the next fiscal year. The high estimate is $6.7B and the low estimate is $6.29B. The average revenue growth estimate for next year is up 5.90% from the average revenue estimate for this year.
