Coty Inc (COTY)’s Market Momentum: Closing Strong at 10.85, Down -0.91

For those aiming to surpass market returns, the art of stock picking is crucial. Making wise choices in stocks can greatly enhance your overall 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

As of close of business last night, Coty Inc’s stock clocked out at $10.85, down -0.91% from its previous closing price of $10.95. In other words, the price has decreased by -$0.91 from its previous closing price. On the day, 3.45 million shares were traded. COTY stock price reached its highest trading level at $11.055 during the session, while it also had its lowest trading level at $10.81.

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 32.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 32.38. For the most recent quarter (mrq), Quick Ratio is recorded 0.50 and its Current Ratio is at 0.80. In the meantime, Its Debt-to-Equity ratio is 1.09 whereas as Long-Term Debt/Eq ratio is at 1.07.

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 9416052736 and an Enterprise Value of 13779752960. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 48.16, and their Forward P/E ratio for the next fiscal year is 18.95. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 6.34. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.54 while its Price-to-Book (P/B) ratio in mrq is 2.36. Its current Enterprise Value per Revenue stands at 2.257 whereas that against EBITDA is 12.515.

Stock Price History:

The Beta on a monthly basis for COTY is 1.93, which has changed by -0.042365372 over the last 52 weeks, in comparison to a change of 0.2644323 over the same period for the S&P500. 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 -6.27%, while the 200-Day Moving Average is calculated to be -5.31%.

Shares Statistics:

It appears that COTY traded 3.98M shares on average per day over the past three months and 4447500 shares per day over the past ten days. A total of 852.80M shares are outstanding, with a floating share count of 381.35M. Insiders hold about 56.06% of the company’s shares, while institutions hold 42.25% stake in the company. Shares short for COTY as of 1714435200 were 21604368 with a Short Ratio of 5.43, compared to 1711584000 on 22780594. Therefore, it implies a Short% of Shares Outstanding of 21604368 and a Short% of Float of 5.3100000000000005.

Dividends & Splits

The stock’s 5-year Average Dividend Yield is 4.28.

Earnings Estimates

Currently, 15.0 analysts are dedicated to thoroughly evaluating and rating the performance of Coty Inc (COTY) in the stock market.On average, analysts expect EPS of $0.05 for the current quarter, with a high estimate of $0.07 and a low estimate of $0.03, while EPS last year was $0.01. The consensus estimate for the next quarter is $0.21, with high estimates of $0.23 and low estimates of $0.13.

Analysts are recommending an EPS of between $0.47 and $0.42 for the fiscal current year, implying an average EPS of $0.44. EPS for the following year is $0.57, with 16.0 analysts recommending between $0.62 and $0.53.

Revenue Estimates

In the current quarter, 13 analysts expect revenue to total $1.38B. It ranges from a high estimate of $1.41B to a low estimate of $1.34B. As of the current estimate, Coty Inc’s year-ago sales were $1.35BFor the next quarter, 13 analysts are estimating revenue of $1.72B. There is a high estimate of $1.76B for the next quarter, whereas the lowest estimate is $1.69B.

A total of 15 analysts have provided revenue estimates for COTY’s current fiscal year. The highest revenue estimate was $6.16B, while the lowest revenue estimate was $6.1B, resulting in an average revenue estimate of $6.13B. In the same quarter a year ago, actual revenue was $5.55BBased on 16 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 $6.39B.

Most Popular