At the time of writing, Coty Inc [COTY] stock is trading at $11.04, up 3.86%. Until recently, the best way to gauge how the stock has performed was to look at its short-term value. The COTY shares have lost -0.18% over the last week, with a monthly amount drifted -7.38%, and not seem to be holding up well over a long-time horizon.
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From an analyst’s perspective:
Coty Inc [NYSE: COTY] stock has seen the most recent analyst activity on April 16, 2024, when Citigroup reiterated its Neutral rating and also revised its price target to $12 from $13. Previously, Canaccord Genuity started tracking the stock with Buy rating on April 15, 2024, and set its price target to $14. On February 22, 2024, upgrade upgraded it’s rating to Outperform and revised its price target to $16 on the stock. TD Cowen started tracking the stock assigning a Market Perform rating and suggested a price target of $11 on October 17, 2023. Kepler initiated its recommendation with a Hold and recommended $11.66 as its price target on October 10, 2023. Jefferies downgraded its rating to Hold for this stock on July 27, 2023, and downed its price target to $14. In a note dated February 17, 2023, Citigroup initiated an Neutral rating and provided a target price of $15 on this stock.
For the past year, the stock price of Coty Inc fluctuated between $9.02 and $13.46. Currently, Wall Street analysts expect the stock to reach $12.13 within the next 12 months. Coty Inc [NYSE: COTY] shares were valued at $11.04 at the most recent close of the market. An investor can expect a potential return of 9.87% based on the average COTY price forecast.
Analyzing the COTY fundamentals
According to Coty Inc [NYSE:COTY], the company’s sales were 6.01B for trailing twelve months, which represents an 13.39% jump. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.13%, Pretax Profit Margin comes in at 0.09%, and Net Profit Margin reading is 0.05%. To continue investigating profitability, this company’s Return on Assets is posted at 0.02, Equity is 0.08 and Total Capital is 0.07. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of0.88.
Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 10.77 points at the first support level, and at 10.49 for the second support level. However, for the 1st resistance point, the stock is sitting at 11.22, and for the 2nd resistance point, it is at 11.39.
Ratios To Look Out For
It is important to note that Coty Inc [NYSE:COTY] has a current ratio of 0.85. As well, the Quick Ratio is 0.58, while the Cash Ratio is 0.16. Considering the valuation of this stock, the price to sales ratio is 1.64, the price to book ratio is 2.23 and price to earnings (TTM) ratio is 31.89.
Transactions by insiders
Recent insider trading involved Singer Robert S, Director, that happened on Mar 06 ’24 when 30000.0 shares were sold. Director, Singer Robert S completed a deal on Mar 06 ’24 to sell 20000.0 shares. Meanwhile, Director Singer Robert S sold 19982.0 shares on Mar 05 ’24.
