Coty Inc (NYSE:COTY) shares traded -2.31% down during most recent session to reach at the closing price of $7.19. The stock exchanged hands 12.39 Million shares versus average trading capacity of 10.61 Million shares, yielding a market cap of $5.24 Billion. Wall Street analysts covering the stock are projecting that the stock will reach $9.97 within the next 52-weeks. The mean target projections are based on 15 opinions.
Taking a broader look brokerage firms’ analysts on the street with an expectant view have Coty Inc (NYSE:COTY) high price target of $13 and with a conservative view have low price target of $7.
JP Morgan “Upgrades” Coty Inc (NYSE:COTY) in a research note issued to investors on 1/04/19 to Neutral with price target of $7.
Additionally on 11/15/18 BMO Capital “Upgrades” Coty Inc (NYSE:COTY) to Outperform setting price target at $12 and on 11/08/18 Morgan Stanley “Downgrades” the stock to Equal-Weight at $10. Furthermore on 11/08/18 RBC Capital “Maintained” the stock to Outperform at $18.
On the other hand the company has Relative Strength Index (RSI 14) of 49.18 along with Average True Range (ATR 14) of 0.4, Consequently Coty Inc (NYSE:COTY)’s weekly and monthly volatility is 5.51%, 6.02% respectively. The company’s beta value is at 0.62.
In terms of Buy, Sell or Hold recommendations, Coty Inc (NYSE:COTY) has analysts’ mean recommendation of 2.7. This is according to a simplified 1 to 5 scale where 1 represents a Strong Buy and 5 a Strong Sell.
According to analysts Coty Inc (NYSE:COTY)’s minimum EPS for the current quarter is at $0.19 and can go high up to $0.26. The consensus mean EPS for the current quarter is at $0.23 derived from a total of 14 estimates from the analysts who have weighed in on projected earnings. However the company reported $0.32 earnings per share for the same quarter during last year.
Previously Coty Inc (NYSE:COTY) reported $0.11 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.08 by $0.03. The company posted an earnings surprise of 37.5%.
Coty Inc (NYSE:COTY)’s revenue estimates for the current quarter are $2.5 Billion according to 9 number of analysts, for the current quarter the company has high revenue estimates of $2.55 Billion in contradiction of low revenue estimates of $2.39 Billion. For the current year the company’s revenue estimates are $8.86 Billion compared to low analyst estimates of $8.65 Billion and high estimates of $9.18 Billion according to 14 number of analysts.
Currently Coty Inc (NYSE:COTY)’s shares owned by insiders are 40.6%, whereas shares owned by institutional owners are 63%. However the six-month change in the insider ownership was recorded 4.66%, as well as three-month change in the institutional ownership was recorded -7.78%.
Coty Inc (NYSE:COTY)’s trailing twelve month revenues are $9.19 Billion, whereas its price to sales ratio for the same period is 0.57. Its book value per share for the most recent quarter is $11.46 while its price to book ratio for the same period is 0.63, as for as the company’s cash per share for the most recent quarter is $0.58, however its price to cash per share ratio for the same period is 12.38. The stock has 5 year expected PEG ratio of 0 whereas its trailing twelve month P/E ratio is 0.