With 5.52 million shares changed hands, the volume of the stock remained lighter than its average volume of 6.5 million shares. The 52-week range on COTY shows that it touched its highest point at $12.99 and its lowest point at $5.35 during that stretch. It currently has a 1-year price target of $8.30. Beta for the stock currently stands at 1.77.
Price Performance and Earnings:
Stock performance is one of the indicators that investors use to determine whether they will profit from a stock. The price performance of COTY was down-trending over the past week, with a drop of -1.21%, but this was down by -19.72% over a month. Three-month performance dropped to -22.87% while six-month performance fell -39.23%. The stock lost -55.01% in the past year, while it has lost -18.10% so far this year. A look at the trailing 12-month EPS for COTY yields -0.00 with Next year EPS estimates of 0.53. For the next quarter, that number is 0.06. This implies an EPS growth rate of 7.85% for this year and 33.87% for next year.
Float and Shares Shorts:
At present, 872.00 million COTY shares are outstanding with a float of 367.24 million shares on hand for trading.
Analysts Ratings:
Reading analyst opinions is an effective way to decide where to invest, and there are several opinions available for COTY since 12 analysts follow the stock currently. There are 9 analysts who recommend BUY ratings, while 0 suggest SELL ratings. Of the remaining analysts, 3 believe that the stock is worth HOLDING, 0 give it an OVERWEIGHT rating, and 0 thinks that it’s UNDERWEIGHT. In the same way, a target price assigned to a stock can also reveal much about its potential.
EPS: Estimates vs Actual
It is also common to use earnings estimates to evaluate a firm’s growth potential and to determine trading strategy. Analysts have provided yearly estimates in a range of $0.47542 being high and $0.36173 being low. For COTY, this leads to a yearly average estimate of $0.44441. Based on analyst estimates, the high estimate for the next quarter is $0.09 and the low estimate is $0.03. The average estimate for the next quarter is thus $0.06.
Summary of Insider Activity:
Insiders traded COTY stock several times over the past three months with 0 Buys and 0 Sells. In these transactions, 0 shares were bought while 0 shares were sold. The number of buy transactions has remained unchanged to 0 while that of sell transactions has remained unmoved to 0 over the past year. The total number of shares bought during that period was 0 while 0 shares were sold.
