Financial Health Check: Examining Coty Inc (COTY)’s Key Ratios

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Coty Inc (NYSE: COTY) closed the day trading at $10.13 down -0.98% from the previous closing price of $10.23. In other words, the price has decreased by -$0.98 from its previous closing price. On the day, 2.81 million shares were traded. COTY stock price reached its highest trading level at $10.3 during the session, while it also had its lowest trading level at $10.09.

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 30.72 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 30.23. 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:

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 8791208960 and an Enterprise Value of 13154909184. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 44.96, and their Forward P/E ratio for the next fiscal year is 17.76. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 5.92. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.44 while its Price-to-Book (P/B) ratio in mrq is 2.20. Its current Enterprise Value per Revenue stands at 2.154 whereas that against EBITDA is 11.947.

Stock Price History:

The Beta on a monthly basis for COTY is 1.91, which has changed by -0.17842662 over the last 52 weeks, in comparison to a change of 0.24125004 over the same period for the S&P500. Over the past 52 weeks, COTY has reached a high of $13.30, while it has fallen to a 52-week low of $9.02. The 50-Day Moving Average of the stock is -1.98%, while the 200-Day Moving Average is calculated to be -9.26%.

Shares Statistics:

Over the past 3-months, COTY traded about 3.88M shares per day on average, while over the past 10 days, COTY traded about 3008610 shares per day. A total of 852.80M shares are outstanding, with a floating share count of 366.48M. Insiders hold about 57.77% of the company’s shares, while institutions hold 40.51% stake in the company. Shares short for COTY as of 1719532800 were 14068480 with a Short Ratio of 3.62, compared to 1717113600 on 16873416. Therefore, it implies a Short% of Shares Outstanding of 14068480 and a Short% of Float of 3.46.

Dividends & Splits

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

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