A share price of Coty Inc [COTY] is currently trading at $7.20, up 4.20%. One of the good ways to gauge the recent performance is if the stock’s short-term value is rising or falling. The COTY shares have gain 5.73% over the last week, with a monthly amount drifted -4.00%, and not seem to be holding up well over a long-time horizon.
From an analyst’s perspective:
Coty Inc [NYSE: COTY] stock has seen the most recent analyst activity on December 13, 2024, when Goldman initiated its Neutral rating and assigned the stock a price target of $9. Previously, TD Cowen downgraded its rating to Hold on November 13, 2024, and dropped its price target to $8.50. On November 07, 2024, downgrade downgraded it’s rating to Underweight and revised its price target to $7 on the stock. Deutsche Bank reiterated its Buy rating and decreased its price target to $12 on October 16, 2024. Jefferies upgraded its rating to a Buy and raised its price target to $12 on October 07, 2024. Citigroup reiterated a Neutral rating for this stock on April 16, 2024, and downed its price target to $12. In a note dated April 15, 2024, Canaccord Genuity initiated an Buy rating and provided a target price of $14 on this stock.
Coty Inc experienced fluctuations in its stock price throughout the past year between $6.59 and $13.30. Currently, Wall Street analysts expect the stock to reach $12.5 within the next 12 months. Coty Inc [NYSE: COTY] shares were valued at $7.20 at the most recent close of the market. An investor can expect a potential return of 73.61% based on the average COTY price forecast.
Analyzing the COTY fundamentals
Trailing Twelve Months sales for Coty Inc [NYSE:COTY] were 6.15B which represents 1.83% growth. 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. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 1.01.
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 7.01 points at the first support level, and at 6.82 for the second support level. However, for the 1st resistance point, the stock is sitting at 7.34, and for the 2nd resistance point, it is at 7.48.
Ratios To Look Out For
To put it in perspective, the Current Ratio for Coty Inc [NYSE:COTY] is 0.85. Also, the Quick Ratio is 0.55, while the Cash Ratio stands at 0.11. Considering the valuation of this stock, the price to sales ratio is 1.02, the price to book ratio is 1.54 and price to earnings (TTM) ratio is 42.73.
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.
