Investors aiming for above-average returns often turn to the practice of stock picking. Skillful choices in individual stocks can be a catalyst for substantial wealth growth.
The price of Coty Inc (NYSE: COTY) closed at $5.72 in the last session, down -0.87% from day before closing price of $5.77. In other words, the price has decreased by -$0.87 from its previous closing price. On the day, 8.5 million shares were traded.
Ratios:
We take a closer look at COTY’s different ratios to gain a better understanding of the stock. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 18.57 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 16.99. For the most recent quarter (mrq), Quick Ratio is recorded 0.45 and its Current Ratio is at 0.71. In the meantime, Its Debt-to-Equity ratio is 1.00 whereas as Long-Term Debt/Eq ratio is at 0.99.
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, Goldman on December 13, 2024, initiated with a Neutral rating and assigned the stock a target price of $9.
On November 13, 2024, TD Cowen Downgraded its rating to Hold which previously was Buy and also lowered its target price recommendation from $11 to $8.50.
Barclays Downgraded its Equal Weight to Underweight on November 07, 2024, whereas the target price for the stock was revised from $8 to $7.
Insider Transactions:
An investor can also benefit from insider trades by learning what management is thinking about the future direction of stock prices. 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:
For the stock, the TTM Price-to-Sale (P/S) ratio is 0.82 while its Price-to-Book (P/B) ratio in mrq is 1.32.
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 $5.42. The 50-Day Moving Average of the stock is -15.38%, while the 200-Day Moving Average is calculated to be -32.87%.
Shares Statistics:
A total of 872.00M shares are outstanding, with a floating share count of 367.24M. Insiders hold about 57.88% of the company’s shares, while institutions hold 40.69% stake in the company.
Earnings Estimates
Investors are keenly observing as 18.0 analysts analyze and rate the current performance of Coty Inc (COTY) in the stock market.The consensus estimate for the next quarter is $0.06, with high estimates of $0.09 and low estimates of $0.03.
Analysts are recommending an EPS of between $0.51 and $0.36 for the fiscal current year, implying an average EPS of $0.42. EPS for the following year is $0.55, with 19.0 analysts recommending between $0.71 and $0.36.
Revenue Estimates
According to 14 analysts, the current quarter’s revenue is expected to be $1.31B. It ranges from a high estimate of $1.34B to a low estimate of $1.3B. As of the current estimate, Coty Inc’s year-ago sales were $1.39BFor the next quarter, 14 analysts are estimating revenue of $1.3B. There is a high estimate of $1.31B for the next quarter, whereas the lowest estimate is $1.28B.
A total of 18 analysts have provided revenue estimates for COTY’s current fiscal year. The highest revenue estimate was $5.99B, while the lowest revenue estimate was $5.9B, resulting in an average revenue estimate of $5.95B. In the same quarter a year ago, actual revenue was $6.12BBased on 18 analysts’ estimates, the company’s revenue will be $6.12B in the next fiscal year. The high estimate is $6.35B and the low estimate is $5.93B.
