The stock of Coty Inc (COTY) has seen a -0.17% decrease in the past week, with a 4.26% gain in the past month, and a -5.97% decrease in the past quarter. The volatility ratio for the week is 2.50%, and the volatility levels for the past 30 days are at 2.88% for COTY.. The simple moving average for the past 20 days is 2.53% for COTY’s stock, with a 0.07% simple moving average for the past 200 days.
Is It Worth Investing in Coty Inc (NYSE: COTY) Right Now?
Coty Inc (NYSE: COTY) has a price-to-earnings ratio that is above its average at 33.22x. The stock has a 36-month beta value of 1.96. Opinions on the stock are mixed, with 3 analysts rating it as a “buy,” 2 as “overweight,” 10 as “hold,” and 2 as “sell.”
The public float for COTY is 393.36M, and at present, short sellers hold a 5.04% of that float. On May 07, 2024, the average trading volume of COTY was 4.14M shares.
COTY) stock’s latest price update
The stock of Coty Inc (NYSE: COTY) has decreased by -0.86 when compared to last closing price of 11.60.Despite this, the company has seen a loss of -0.17% in its stock price over the last five trading days. Zacks Investment Research reported 2024-05-06 that While the top- and bottom-line numbers for Coty (COTY) give a sense of how the business performed in the quarter ended March 2024, it could be worth looking at how some of its key metrics compare to Wall Street estimates and year-ago values.
Analysts’ Opinion of COTY
Many brokerage firms have already submitted their reports for COTY stocks, with Citigroup repeating the rating for COTY by listing it as a “Neutral.” The predicted price for COTY in the upcoming period, according to Citigroup is $12 based on the research report published on April 16, 2024 of the current year 2024.
Canaccord Genuity, on the other hand, stated in their research note that they expect to see COTY reach a price target of $14. The rating they have provided for COTY stocks is “Buy” according to the report published on April 15th, 2024.
TD Cowen gave a rating of “Outperform” to COTY, setting the target price at $16 in the report published on February 22nd of the current year.
COTY Trading at -2.70% 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 -14.56% of loss for the given period.
Volatility was left at 2.88%, however, over the last 30 days, the volatility rate increased by 2.50%, as shares surge +3.14% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -12.21% lower at present.
During the last 5 trading sessions, COTY fell by -0.17%, which changed the moving average for the period of 200-days by -3.77% in comparison to the 20-day moving average, which settled at $11.23. In addition, Coty Inc saw -7.41% in overturn over a single year, with a tendency to cut further losses.
Insider Trading
Reports are indicating that there were more than several insider trading activities at COTY starting from Singer Robert S, who sale 30,000 shares at the price of $12.70 back on Mar 06 ’24. After this action, Singer Robert S now owns 120,000 shares of Coty Inc, valued at $380,877 using the latest closing price.
Singer Robert S, the Director of Coty Inc, sale 20,000 shares at $12.72 during a trade that took place back on Mar 06 ’24, which means that Singer Robert S is holding 121,500 shares at $254,364 based on the most recent closing price.
Stock Fundamentals for COTY
Current profitability levels for the company are sitting at:
- 0.13 for the present operating margin
- 0.64 for the gross margin
The net margin for Coty Inc stands at 0.05. The total capital return value is set at 0.07. Equity return is now at value 8.14, with 2.54 for asset returns.
Based on Coty Inc (COTY), the company’s capital structure generated 0.47 points at debt to capital in total, while cash flow to debt ratio is standing at 0.15. The debt to equity ratio resting at 0.88. The interest coverage ratio of the stock is 2.9.
Currently, EBITDA for the company is 1.38 billion with net debt to EBITDA at 2.84. When we switch over and look at the enterprise to sales, we see a ratio of 2.3. The receivables turnover for the company is 12.01for trailing twelve months and the total asset turnover is 0.46. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To sum up, Coty Inc (COTY) has seen a bad performance recently. Analysts have differing views on the stock, with some seeing it as a “buy” and others as a “hold”. It’s important to note that the stock is currently trading at a significant distance from its 50-day moving average and its 52-week high.
