In the past week, COTY stock has gone down by -1.70%, with a monthly decline of -6.61% and a quarterly plunge of -26.30%. The volatility ratio for the week is 2.39%, and the volatility levels for the last 30 days are 3.29% for Coty Inc. The simple moving average for the past 20 days is -5.91% for COTY’s stock, with a -26.74% simple moving average for the past 200 days.
Is It Worth Investing in Coty Inc (NYSE: COTY) Right Now?
The price-to-earnings ratio for Coty Inc (NYSE: COTY) is 41.07x, which is above its average ratio. Moreover, the 36-month beta value for COTY is 1.90. Analysts have varying opinions on the stock, with 7 analysts rating it as a “buy,” 5 as “overweight,” 8 as “hold,” and 0 as “sell.”
The public float for COTY is 366.36M and currently, short sellers hold a 3.59% of that float. On December 31, 2024, COTY’s average trading volume was 5.31M shares.
COTY) stock’s latest price update
Coty Inc (NYSE: COTY)’s stock price has dropped by -1.00 in relation to previous closing price of 6.99. Nevertheless, the company has seen a loss of -1.70% in its stock price over the last five trading days. zacks.com reported 2024-12-20 that COTY is facing challenges like higher costs, struggles in the Chinese Mainland and currency woes, raising concerns about its future growth.
Analysts’ Opinion of COTY
Many brokerage firms have already submitted their reports for COTY stocks, with Goldman repeating the rating for COTY by listing it as a “Neutral.” The predicted price for COTY in the upcoming period, according to Goldman is $9 based on the research report published on December 13, 2024 of the current year 2024.
TD Cowen, on the other hand, stated in their research note that they expect to see COTY reach a price target of $8.50, previously predicting the price at $11. The rating they have provided for COTY stocks is “Hold” according to the report published on November 13th, 2024.
Barclays gave a rating of “Underweight” to COTY, setting the target price at $7 in the report published on November 07th of the current year.
COTY Trading at -6.48% 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 -47.97% of loss for the given period.
Volatility was left at 3.29%, however, over the last 30 days, the volatility rate increased by 2.39%, as shares sank -6.36% for the moving average over the last 20 days. Over the last 50 days, in opposition, the stock is trading -11.51% lower at present.
During the last 5 trading sessions, COTY fell by -1.70%, which changed the moving average for the period of 200-days by -43.88% in comparison to the 20-day moving average, which settled at $7.35. In addition, Coty Inc saw -44.28% 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 90,000 shares at the price of $12.56 back on Mar 04 ’24. After this action, Singer Robert S now owns 169,982 shares of Coty Inc, valued at $1,130,058 using the latest closing price.
Singer Robert S, the Director of Coty Inc, sale 30,000 shares at $12.70 during a trade that took place back on Mar 06 ’24, which means that Singer Robert S is holding 120,000 shares at $380,877 based on the most recent closing price.
Stock Fundamentals for COTY
Current profitability levels for the company are sitting at:
- 0.1 for the present operating margin
- 0.64 for the gross margin
The net margin for Coty Inc stands at 0.03. The total capital return value is set at 0.06. Equity return is now at value 4.40, with 1.36 for asset returns.
Based on Coty Inc (COTY), the company’s capital structure generated 0.48 points at debt to capital in total, while cash flow to debt ratio is standing at 0.13. The debt to equity ratio resting at 0.94. The interest coverage ratio of the stock is 2.4.
Currently, EBITDA for the company is 849.1 million with net debt to EBITDA at 4.5. When we switch over and look at the enterprise to sales, we see a ratio of 1.62. The receivables turnover for the company is 8.74for trailing twelve months and the total asset turnover is 0.49. The liquidity ratio also appears to be rather interesting for investors as it stands at 0.85.
Conclusion
To wrap up, the performance of Coty Inc (COTY) has been bad in recent times. The stock has received a mixed of “buy” and “hold” ratings from analysts. 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.
