Coty Inc. (NYSE:COTY) went up by 2.40% from its latest closing price compared to the recent 1-year high of $10.49. The company’s stock price has collected 3.96% of gains in the last five trading sessions. Barron’s reported on 04/30/21 that Coty Stock Has Been on a Tear. Why the Run Isn’t Over.
Is It Worth Investing in Coty Inc. (NYSE :COTY) Right Now?
Plus, the 36-month beta value for COTY is at 2.48. Opinions of the stock are interesting as 4 analysts out of 13 who provided ratings for Coty Inc. declared the stock was a “buy,” while 0 rated the stock as “overweight,” 7 rated it as “hold,” and 2 as “sell.”
The average price from analysts is $9.81, which is -$0.45 below the current price. COTY currently public float of 288.86M and currently shorts hold a 5.13% ratio of that float. Today, the average trading volume of COTY was 11.69M shares.
COTY’s Market Performance
COTY stocks went up by 3.96% for the week, with a monthly jump of 14.27% and a quarterly performance of 56.25%, while its annual performance rate touched 97.88%. The volatility ratio for the week stands at 3.71% while the volatility levels for the past 30 days are set at 4.37% for Coty Inc.. The simple moving average for the period of the last 20 days is 10.98% for COTY stocks with a simple moving average of 72.61% for the last 200 days.
Analysts’ Opinion of COTY
Wells Fargo, on the other hand, stated in their research note that they expect to see COTY reach a price target of $5, previously predicting the price at $4. The rating they have provided for COTY stocks is “Underweight” according to the report published on December 08th, 2020.
Citigroup gave a rating of “Buy” to COTY, setting the target price at $10 in the report published on November 19th of the previous year.
COTY Trading at 16.95% from the 50-Day Moving Average
After a stumble in the market that brought COTY to its low price for the period of the last 52 weeks, the company was unable to rebound, for now settling with -2.29% of loss for the given period.
Volatility was left at 4.37%, however, over the last 30 days, the volatility rate increased by 3.71%, as shares surge +13.01% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading +33.29% upper at present.
During the last 5 trading sessions, COTY rose by +3.96%, which changed the moving average for the period of 200-days by +138.37% in comparison to the 20-day moving average, which settled at $9.30. In addition, Coty Inc. saw 46.01% in overturn over a single year, with a tendency to cut further gains.
Reports are indicating that there were more than several insider trading activities at COTY starting from Singer Robert S, who purchase 75,000 shares at the price of $6.63 back on Feb 11. After this action, Singer Robert S now owns 446,482 shares of Coty Inc., valued at $497,160 using the latest closing price.
Goudet Olivier, the Director of Coty Inc., purchase 50,000 shares at $6.86 during a trade that took place back on Feb 11, which means that Goudet Olivier is holding 529,129 shares at $342,920 based on the most recent closing price.
Stock Fundamentals for COTY
Current profitability levels for the company are sitting at:
- -8.20 for the present operating margin
- +53.15 for the gross margin
The net margin for Coty Inc. stands at -23.19. The total capital return value is set at -3.07, while invested capital returns managed to touch -9.12.
Based on Coty Inc. (COTY), the company’s capital structure generated 306.82 points at debt to equity in total, while total debt to capital is 75.42. Total debt to assets is 55.11, with long-term debt to equity ratio resting at 297.05. Finally, the long-term debt to capital ratio is 73.02.
When we switch over and look at the enterprise to sales, we see a ratio of 2.66, with the company’s debt to enterprise value settled at 0.73. The receivables turnover for the company is 5.89 and the total asset turnover is 0.27. The liquidity ratio also appears to be rather interesting for investors as it stands at 1.81.