After finishing at $12.56 in the prior trading day, Coty Inc (NYSE: COTY) closed at $12.67, up 0.88%. In other words, the price has increased by $+0.11 from its previous closing price. On the day, 3748571 shares were traded. COTY stock price reached its highest trading level at $12.69 during the session, while it also had its lowest trading level at $12.29.
Ratios:
Our goal is to gain a better understanding of COTY by taking a closer look at its different ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.46 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.72. 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 Oct 09 when Parize Isabelle bought 4,775 shares for $10.50 per share. The transaction valued at 50,138 led to the insider holds 61,500 shares of the business.
Parize Isabelle bought 20,500 shares of COTY for $210,945 on Oct 04. The Director now owns 56,725 shares after completing the transaction at $10.29 per share. On Oct 02, another insider, JAB Holdings B.V., who serves as the 10% Owner of the company, bought 3,000,000 shares for $10.80 each. As a result, the insider paid 32,400,000 and bolstered with 451,853,684 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 11.34B and an Enterprise Value of 15.04B. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 36.60, and their Forward P/E ratio for the next fiscal year is 22.53. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 2.00. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.89 while its Price-to-Book (P/B) ratio in mrq is 2.56. Its current Enterprise Value per Revenue stands at 2.50 whereas that against EBITDA is 12.28.
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 12.24, while the 200-Day Moving Average is calculated to be 11.55.
Shares Statistics:
The stock has traded on average 4.35M shares per day over the past 3-months and 4.63M shares per day over the last 10 days, according to various share statistics. A total of 852.80M shares are outstanding, with a floating share count of 391.47M. Insiders hold about 56.27% of the company’s shares, while institutions hold 43.65% stake in the company. Shares short for COTY as of Feb 15, 2024 were 22.71M with a Short Ratio of 5.22, compared to 17.66M on Jan 12, 2024. Therefore, it implies a Short% of Shares Outstanding of 2.54% and a Short% of Float of 5.23%.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
Earnings Estimates
Its stock is currently analyzed by 14 different market 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 $0.49 and $0.4 for the fiscal current year, implying an average EPS of $0.45. EPS for the following year is $0.56, with 16 analysts recommending between $0.62 and $0.43.
Revenue Estimates
A total of 15 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 15 analysts’ estimates, the company’s revenue will be $6.47B 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 5.60% from the average revenue estimate for this year.
