For its third fiscal quarter (ending March 31), Coty Inc (NYSE: COTY) has reported a -100% decline in E.P.S. from $0.12 a year ago to $0.00 in the current quarter. This performance was $-0.07 short of the consensus estimate of $0.07. For the latest four quarters through March 31, E.P.S. were $0.23 versus $0.21 for the same period a year ago — an increase of 10%.
Recent Price Action
Coty Inc (NYSE: COTY) stock declined slightly by -0.9% on 5/6/24. The stock closed at $11.50. Moreover, this decline was accompanied by above average trading volume at 123% of normal. The stock has performed in line with the market over the last nine months and is unchanged during the last week.
Current PriceTarget Research Rating
With future capital returns forecasted to be above the cost of capital, COTY is expected to continue to be a major Value Builder.
Coty has a current Value Trend Rating of D (Negative). The Value Trend Rating reflects very contradictory signals from PTR’s two proprietary measures of a stock’s attractiveness. Coty has a very low Appreciation Score of 14 but a slightly positive Power Rating of 65, producing the Negative Value Trend Rating.
Rating Review
In light of this new information we are reviewing our current Overall Rating of D. This review will be completed in the next several days.
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