Coty Inc [COTY] stock prices are up 2.85% to $7.59 at the moment. An important factor to consider is whether the stock is rising or falling in short-term value. The COTY shares have gain 4.69% over the last week, with a monthly amount drifted -5.01%, 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 November 13, 2024, when TD Cowen downgraded its rating to a Hold and also revised its price target to $8.50 from $11. Previously, Barclays downgraded its rating to Underweight on November 07, 2024, and dropped its price target to $7. On October 16, 2024, Deutsche Bank reiterated its Buy rating and revised its price target to $12 on the stock. Jefferies upgraded its rating to a Buy and increased its price target to $12 on October 07, 2024. Citigroup reiterated its recommendation of a Neutral and reduced its price target to $12 on April 16, 2024. Canaccord Genuity started tracking with a Buy rating for this stock on April 15, 2024, and assigned it a price target of $14. In a note dated February 22, 2024, TD Cowen upgraded an Outperform rating on this stock and boosted its target price from $13 to $16.
The stock price of Coty Inc [COTY] has been fluctuating between $7.02 and $13.30 over the past year. Currently, Wall Street analysts expect the stock to reach $12.35 within the next 12 months. Coty Inc [NYSE: COTY] shares were valued at $7.59 at the most recent close of the market. An investor can expect a potential return of 62.71% based on the average COTY price forecast.
Analyzing the COTY fundamentals
The Coty Inc [NYSE:COTY] reported sales of 6.15B for trailing twelve months, representing a surge of 1.83%. Gross Profit Margin for this corporation currently stands at 0.64% with Operating Profit Margin at 0.1%, Pretax Profit Margin comes in at 0.05%, and Net Profit Margin reading is 0.03%. To continue investigating profitability, this company’s Return on Assets is posted at 0.01, Equity is 0.04 and Total Capital is 0.06. An extended analysis of the company’s primary financial structure reveals a debt-to-equity ratio of1.01.
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 7.42 points at the first support level, and at 7.26 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.70, and for the 2nd resistance point, it is at 7.81.
Ratios To Look Out For
It’s worth pointing out that Coty Inc [NYSE:COTY]’s Current Ratio is 0.85. On the other hand, the Quick Ratio is 0.55, and the Cash Ratio is 0.11. Considering the valuation of this stock, the price to sales ratio is 1.07, the price to book ratio is 1.63 and price to earnings (TTM) ratio is 45.04.
Transactions by insiders
Recent insider trading involved Singer Robert S, Director, that happened on Mar 04 ’24 when 90000.0 shares were sold. Director, Singer Robert S completed a deal on Mar 06 ’24 to sell 30000.0 shares. Meanwhile, Director Singer Robert S sold 20000.0 shares on Mar 06 ’24.
