Analyst Ratings for Coty Inc. Cl A (COTY)Updated: 2017-07-28
Coty Inc. Cl A (NYSE:COTY) was awarded an average rating of Hold from investment analysts following the stock. COTY had previously received a consensus rating of Overweight a month ago.
A buy rating was issued by 5 analysts, 0 issued an overweight rating, 11 gave a hold rating, 0 issued an underweight rating, and 1 issued a sell rating. Compared to three months ago, there has been an increase of 1 in the number of analysts with a positive outlook on the stock. Over the same time period, there has been an increase of 0 in the number of analysts with a negative outlook on the stock.
Several price targets were given for COTY by the analysts covering the stock. The most optimistic analyst gave a price target of 25, implying a possible profit of 22.91 percent. The most pessimistic price target was 16, implying potential capital losses of -21.34 percent. It is crucial to not blindly accept any price targets or stock ratings, because many analysts have it in their best interest to give positive coverage of certain stocks.
Over the past month, analysts have revised their estimates for this quarter's earnings, with a net average change of -5 percent. This can be compared with the average change in earnings estimates over the past 3 months, which is -27.88 percent. On the other hand, earnings estimates for the fiscal year have been revised upwards by 0 percent, as compared to a month ago. Expanding the time horizon to 3 months, the average change in fiscal year estimates becomes -0.62 percent.
Investors like to see analysts making revisions in the same direction, as that raises confidence in the revisions. Over the past month, 2 analysts increased their quarterly estimates, while 3 analysts revised their estimates downwards. Also over the last month, 0 analysts increased their estimates for the FY earnings, compared to 3 analysts that revised their FY estimates downwards.
In the last 52-weeks, COTY has achieved a high of 30.13 and a low of 16.95. Today's price is 20 percent above the 52-week low, and below the high by 32.49 percent. COTY has a price/earnings ratio of 0. Investors typically compare the P/E ratio to a company's peers in the industry. The COTY value stock report compares COTY to some of its peers using value stock charts. The stock has a market capitalization of $14.81 billion. COTY is estimated to release their earnings results for the quarter on 0000-00-00, days from today.