Coty Inc (NYSE: COTY) closed the day trading at $11.58 down -1.70% from the previous closing price of $11.78. In other words, the price has decreased by -$0.20 from its previous closing price. On the day, 1945474 shares were traded.
Ratios:
For a better understanding of COTY, let’s look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 21.44 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 29.91. 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:
The insider trade also gives investors a glimpse into the future direction of stock prices, which can be beneficial to investors. 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 10.55B and an Enterprise Value of 14.24B. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 33.45, and their Forward P/E ratio for the next fiscal year is 20.63. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 1.83. 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 2.34. Its current Enterprise Value per Revenue stands at 2.37 whereas that against EBITDA is 11.63.
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 12.28, while the 200-Day Moving Average is calculated to be 11.64.
Shares Statistics:
Over the past 3-months, COTY traded about 3.83M shares per day on average, while over the past 10 days, COTY traded about 2.8M shares per day. 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 5.43, 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
Current recommendations for the stock of the company come from 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 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.
