Those aiming for above-average market returns often engage in the meticulous process of stock picking. Choosing the right stocks can make a substantial difference in your wealth.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
After finishing at $9.17 in the prior trading day, Coty Inc (NYSE: COTY) closed at $8.18, down -10.80%. In other words, the price has decreased by -$10.80 from its previous closing price. On the day, 17.15 million shares were traded. COTY stock price reached its highest trading level at $8.79 during the session, while it also had its lowest trading level at $7.95.
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 22.14 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 19.22. For the most recent quarter (mrq), Quick Ratio is recorded 0.46 and its Current Ratio is at 0.75. In the meantime, Its Debt-to-Equity ratio is 1.11 whereas as Long-Term Debt/Eq ratio is at 1.10.
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, Jefferies on October 07, 2024, Upgraded its rating to Buy and sets its target price to $12 from $11 previously.
On April 16, 2024, Citigroup reiterated its Neutral rating and also upped its target price recommendation from $13 to $12.
On April 15, 2024, Canaccord Genuity started tracking the stock assigning a Buy rating and target price of $14.Canaccord Genuity initiated its Buy rating on April 15, 2024, with a $14 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 04 ’24 when Singer Robert S sold 90,000 shares for $12.56 per share. The transaction valued at 1,130,058 led to the insider holds 169,982 shares of the business.
Singer Robert S sold 30,000 shares of COTY for $380,877 on Mar 06 ’24. The Director now owns 120,000 shares after completing the transaction at $12.70 per share. On Mar 06 ’24, another insider, Singer Robert S, who serves as the Director of the company, sold 20,000 shares for $12.72 each. As a result, the insider received 254,364 and left with 121,500 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 7098972160 and an Enterprise Value of 11346673664. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 108.20, and their Forward P/E ratio for the next fiscal year is 12.37. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.68. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.16 while its Price-to-Book (P/B) ratio in mrq is 1.85. Its current Enterprise Value per Revenue stands at 1.855 whereas that against EBITDA is 11.3.
Stock Price History:
Over the past 52 weeks, COTY has reached a high of $13.30, while it has fallen to a 52-week low of $8.66. The 50-Day Moving Average of the stock is -11.60%, while the 200-Day Moving Average is calculated to be -23.59%.
Shares Statistics:
The stock has traded on average 4.04M shares per day over the past 3-months and 5351100 shares per day over the last 10 days, according to various share statistics. A total of 867.80M shares are outstanding, with a floating share count of 364.13M. Insiders hold about 58.04% of the company’s shares, while institutions hold 40.37% stake in the company. Shares short for COTY as of 1727654400 were 15469924 with a Short Ratio of 3.83, compared to 1724976000 on 13200087. Therefore, it implies a Short% of Shares Outstanding of 15469924 and a Short% of Float of 4.25.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
