What Direction Does Coty Inc (NYSE: COTY) Analysts Think The Company Will Take?

The trading price of Coty Inc (NYSE:COTY) floating higher at last check on Tuesday, April 23, closing at $11.74, 4.04% higher than its previous close.

The company’s P/E ratio in the trailing 12-month period was 33.90. In examining the 52-week price action we see that the stock hit a 52-week high of $13.46 and a 52-week low of $9.02. Over the past month, the stock has lost -0.37% in value.

Coty Inc, whose market valuation is $10.51 billion at the time of this writing. Investors’ optimism about the company’s current quarter earnings report is understandable.

A company’s earnings reviews provide a brief indication of a stock’s direction in the short term, where in the case of Coty Inc No upward and no downward comments were posted in the last 7 days. On the technical side, indicators suggest COTY has a 50% Sell on average for the short term. According to the data of the stock’s medium term indicators, the stock is currently averaging as a Hold, while an average of long term indicators suggests that the stock is currently 50% Buy.

If we dig deeper into the stock’s outlook, we see that the stock’s PEG is 1.85, which symbolizes a positive outlook. A quick review shows that COTY’s price is currently 4.73% off the SMA20 and -1.44% off the SMA50. The RSI metric on the 14-day chart is currently showing 55.95, and weekly volatility stands at 3.64%. When measured over the past 30 days, the indicator reaches 3.00%. Coty Inc (NYSE:COTY)’s beta value is currently sitting at 1.83, while the Average True Range indicator is currently displaying 0.38.

To see how Coty Inc stock has been performing today in comparison to its peers in the industry, here are the numbers: COTY stock’s performance was 4.04% at last check in today’s session, and -4.58% in the past year. Coty Inc has a P/E ratio of 33.90.

An evaluation of the daily trading volume of Coty Inc (NYSE:COTY) indicates that the 3-month average is 4.04 million.

Currently, records show that 852.80 million of the company’s shares remain outstanding. The insiders hold 56.06% of outstanding shares, whereas institutions hold 43.36%. However, since the stock’s price has seen -5.51% year-to-date, investors’ interest is likely to be reignited due to its potential to move even lower.

Most Popular