Market Analysts see Coty Inc [COTY] falling to $8.50. Time to buy?

Coty Inc [NYSE: COTY] price surged by 0.28 percent to reach at $0.02.

The one-year COTY stock forecast points to a potential upside of 30.22. The average equity rating for COTY stock is currently 2.05, trading closer to a bullish pattern in the stock market.

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Guru’s Opinion on Coty Inc [COTY]:

Based on careful and fact-backed analyses by Wall Street experts, the current consensus on the target price for COTY shares is $10.16 per share. Analysis on target price and performance of stocks is usually carefully studied by market experts, and the current Wall Street consensus on COTY stock is a recommendation set at 2.05. This rating represents a strong Buy recommendation, on the scale from 1 to 5, where 5 would mean strong sell, 4 represents Sell, 3 is Hold, and 2 indicates Buy.

TD Cowen have made an estimate for Coty Inc shares, keeping their opinion on the stock as Hold, with their previous recommendation back on November 13, 2024. While these analysts kept the previous recommendation, Barclays dropped their target price from $8 to $7. The new note on the price target was released on November 07, 2024, representing the official price target for Coty Inc stock. Previously, the target price had yet another drop from $14 to $12, while Deutsche Bank kept a Buy rating on COTY stock. On October 07, 2024, analysts increased their price target for COTY shares from 11 to 12.

The Average True Range (ATR) for Coty Inc is set at 0.27, with the Price to Sales ratio for COTY stock in the period of the last 12 months amounting to 1.00. The Price to Book ratio for the last quarter was 1.52, with the Price to Cash per share for the same quarter was set at 0.35. Price to Free Cash Flow for COTY in the course of the last twelve months was 25.97 with Quick ratio for the last quarter at 0.55.

COTY Stock Performance Analysis:

Coty Inc [COTY] fell into the red zone at the end of the last week, falling into a negative trend and dropping by -5.09. With this latest performance, COTY shares dropped by -6.59% in over the last four-week period, additionally sinking by -32.41% over the last 6 months – not to mention a drop of -35.90% in the past year of trading.

Overbought and oversold stocks can be easily traced with the Relative Strength Index (RSI), where an RSI result of over 70 would be overbought, and any rate below 30 would indicate oversold conditions. An RSI rate of 50 would represent a neutral market momentum. The current RSI for COTY stock in for the last two-week period is set at 34.31, with the RSI for the last a single of trading hit 34.21, and the three-weeks RSI is set at 34.93 for Coty Inc [COTY]. The present Moving Average for the last 50 days of trading for this stock 8.31, while it was recorded at 7.27 for the last single week of trading, and 10.13 for the last 200 days.

Insight into Coty Inc Fundamentals:

Coty Inc’s liquidity data is similarly interesting compelling, with a Quick Ratio of 0.55 and a Current Ratio set at 0.85.

COTY Stock EPS

The progress of the company may be observed through the prism of EPS growth rate, while Wall Street analysts are focusing on predicting the 5-year EPS growth rate for COTY. When it comes to the mentioned value, analysts are expecting to see the 5-year EPS growth rate for Coty Inc go to 18.77%.

Coty Inc [COTY] Institutonal Ownership Details

There are presently around $38.08%, or 96.70%% of COTY stock, in the hands of institutional investors. The top three institutional holders of COTY stocks are: BLACKROCK INC. with ownership of 41.36 million shares, which is approximately 4.6838%. VANGUARD GROUP INC, holding 35.93 million shares of the stock with an approximate value of $$360.01 million in COTY stocks shares; and VANGUARD GROUP INC, currently with $$341.33 million in COTY stock with ownership which is approximately 3.8574%.

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