Thomson Reuters, a distinguished brokerage company, has placed a 52-week price target of $28.56 on Coty Inc. (NYSE:COTY) shares after it surveyed top market analysts. Calculating estimated earnings after taking into consideration different elements, it is predicted to come at $1.12 for the next fiscal and $N/A for underway quarter.
Analysts take into account the price to earnings ratio to estimate the firm’s valuation. This ratio, which is also called as the P/E ratio evaluates the company on relative expense factor. The formula to calculate ratio is stock’s latest price/ per share earnings. The P/E ratio of Coty Inc. (NYSE:COTY) stands at 60.07.
Analysts also work out Price/Earnings Growth ratio in an attempt to estimate the valuation of a firm. This ratio commonly known as the PEG ratio implies the stock’s valuation compared to earnings growth potential. Investors look to invest in the stocks with a lower PEG ratio. For Coty Inc. Class A Common Stock, the PEG ratio for coming 3-5 years is 3.47.
The technical analysis highlights that Coty Inc. Class A Common Stock current is trading $-1.10 points away or -4.00% from its 50-day moving average of $27.53. Further it is trading $-1.07 or -3.88% away its 200-day moving average of $27.50.
The 52-week high of Coty Inc. (NYSE:COTY) was $31.60 while lowest point recorded in 52-week was $21.48. It implies if stock price makes a movement of over $-5.17, it will record a new 52-week high. In the case of +23.04% drop, it will touch a new 52-week low.
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