Coty Inc (COTY) – Mismatched value: Check Out the Fundamental Analysis

Stocks of Coty Inc (NYSE:COTY) traded higher last session on Wall Street, down -0.81% to $11.06.

COTY stock price is now -8.69% away from the 50-day moving average and -4.62% away from the 200-day moving average. The market capitalization of the company currently stands at $9.90B.

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With the price target enhanced from $13 to $16, TD Cowen Upgraded its rating from Market Perform to Outperform for Coty Inc (NYSE: COTY). On October 17, 2023, TD Cowen recently initiated its ‘Market Perform’ rating on the stock quoting a target price of $11, while ‘Kepler’ rates the stock as ‘Hold’

In other news, Singer Robert S, Director sold 30,000 shares of the company’s stock on Mar 06 ’24. The stock was sold for $380,877 at an average price of $12.70. Upon completion of the transaction, the Director now directly owns 120,000 shares in the company, valued at $1.33 million. An SEC document containing details of the transaction can be found on the SEC’s website. On Mar 06 ’24, Director Singer Robert S sold 20,000 shares of the business’s stock. A total of $254,364 was realized by selling the stock at an average price of $12.72. This leaves the insider owning 121,500 shares of the company worth $1.34 million. A total of 56.06% of the company’s stock is owned by insiders.

During the past 12 months, Coty Inc has had a low of $9.02 and a high of $13.46. As of last week, the company has a debt-to-equity ratio of 0.94, a current ratio of 0.85, and a quick ratio of 0.58. According to the stock market information, the enterprise value for the company is $13.60B, which is based on a 31.95 price-to-earnings ratio, a 1.75 price-to-earnings-growth ratio, and a beta of 1.85. The fifty day moving average price for COTY is $12.09 and a two-hundred day moving average price translates $11.59 for the stock.

The latest earnings results from Coty Inc (NYSE: COTY) was released for Dec, 2023. According to the Household & Personal Products Company, earnings per share came in at $0.25, beating analysts’ expectations of $0.2 by 0.05. This compares to $0.27 EPS in the same period last year. The net profit margin was 5.17% and return on equity was 8.14% for COTY. The company reported revenue of $1.73 billion for the quarter, compared to $1.52 billion a year earlier. Comparatively to last year’s same quarter, the company’s quarterly revenue rose 13.39 percent. For the current quarter, analysts expect COTY to generate $1.37B in revenue.

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