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In the latest session, Coty Inc (NYSE: COTY) closed at $8.83 down -2.00% from its previous closing price of $9.01. In other words, the price has decreased by -$2.00 from its previous closing price. On the day, 3.51 million shares were traded. COTY stock price reached its highest trading level at $9.03 during the session, while it also had its lowest trading level at $8.78.
Ratios:
For a deeper understanding of Coty Inc’s stock, let’s take a closer look at its various ratios. It provided that stocks Price–to–Cash (P/C) ratio for the trailing twelve months (TTM) is standing at 23.90 whereas its Price-to-Free Cash Flow (P/FCF) for the term is 20.74. 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 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:
Additionally, insider trades can be beneficial to investors who want to learn what the management thinks about stock prices in the future. 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 7819282944 and an Enterprise Value of 11910772736. As of this moment, Coty’s Price-to-Earnings (P/E) ratio for their current fiscal year is 116.80, and their Forward P/E ratio for the next fiscal year is 13.24. The expected Price-to-Earnings-to-Growth (PEG) calculation for the next 5 years is 15.37. For the stock, the TTM Price-to-Sale (P/S) ratio is 1.25 while its Price-to-Book (P/B) ratio in mrq is 2.00. Its current Enterprise Value per Revenue stands at 1.947 whereas that against EBITDA is 11.862.
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 $8.79. The 50-Day Moving Average of the stock is -8.44%, while the 200-Day Moving Average is calculated to be -20.21%.
Shares Statistics:
For the past three months, COTY has traded an average of 3.90M shares per day and 3506330 over the past ten days. A total of 867.80M shares are outstanding, with a floating share count of 365.06M. Insiders hold about 57.94% of the company’s shares, while institutions hold 41.05% stake in the company. Shares short for COTY as of 1723680000 were 13437119 with a Short Ratio of 3.45, compared to 1721001600 on 13954611. Therefore, it implies a Short% of Shares Outstanding of 13437119 and a Short% of Float of 3.3000000000000003.
Dividends & Splits
The stock’s 5-year Average Dividend Yield is 4.28.
