With 6.61 million shares changed hands, the volume of the stock remained lighter than its average volume of 7.51 million shares. The 52-week range on COTY shows that it touched its highest point at $10.54 and its lowest point at $4.46 during that stretch. It currently has a 1-year price target of $6.22. Beta for the stock currently stands at 1.94.
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 up-trending over the past week, with a rise of 2.05%, but this was down by -3.87% over a month. Three-month performance dropped to -9.96% while six-month performance fell -32.93%. The stock lost -51.23% in the past year, while it has lost -28.59% so far this year. A look at the trailing 12-month EPS for COTY yields -0.47 with Next year EPS estimates of 0.50. For the next quarter, that number is 0.01. This implies an EPS growth rate of -18.21% for this year and 64.84% for next year.
Float and Shares Shorts:
At present, 872.30 million COTY shares are outstanding with a float of 368.57 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.
