Brokerage Today Rating: Coty Inc. (NYSE:COTY), Herman Miller, Inc. (NASDAQ:MLHR)

0 14

Coty Inc. (NYSE:COTY) initiated the shares trading at $26.61 and showed negative change of -0.08% while the stock’s final trade was registered at $ 26.60. However, its previous closing price was seen at $26.62. The stock negotiated total number of 598.57 thousand shares as compared to 3 months average volume of 1.05 million shares.

The stock price demonstrated downbeat change from its 50 day moving average of 26.54 and had been down from its 200 Day Moving Average of 26.83.

Coty Inc. (COTY) reported that its Board of Directors has designated Camillo Pane as Chief Executive Officer and member of the Coty Board, each effective as of the day following the closing of the merger of P&G Specialty Beauty into Coty, predictable to occur in October 2016. Bart Becht, presently Interim CEO and Chairman of Coty, will continue to serve as the Chairman of Coty’s Board. Camillo Pane presently holds the position of Executive Vice President of Coty’s Category Development and is a member of the Coty Executive Committee.

The average true range of Coty Inc.’s (COTY) is recorded at 0.54 and the relative strength index of the stock stands 48.64. The stock price is going above to its 52 week low with 23.84% and lagging behind from its 52 week high with -15.82%. Analyst recommendation for this stock stands at 2.90. A look on the firm performance, its monthly performance is 0.34% and a quarterly performance of -9.86%. The stock price is trading downbeat from its 200 days moving average with -1.93% and up from 50 days moving average with 1.00%.

Brokerage Recommendations:

According to ZACKS data, different Brokerage Firms rated the stock about their BUY, SELL or HOLD recommendations. Currently shares have been suggested as “BUY” from “8” brokerage firms and recommended as “Strong Buy” by “0” brokerage firms. 2” brokerage firms have issued “Sell” rating for the company and “Strong Sell” rating was issued by “2.94” brokerage firms. “0” brokerage firms have rated the company as a “Hold”. The Corporation has average brokerage recommendation (ABR) of 0 based on consensus of the brokerage firms issuing ratings.

Shares of Herman Miller, Inc. (NASDAQ:MLHR) climbed +2.23% and ended at $32.51 greater than previous closing price of $31.80. The total 480.48 thousand shares were bought and sold throughout the most recent trading session more than average volume of 326.91 thousand shares.

Herman Miller Inc.’s (MLHR) has price-to-cash ratio of 31.10 and price to sale ratio of 0.87. The company net profit margin is 5.40% and gross profit margin is 38.50%. A look on the firm performance, its monthly performance is 4.17% and a quarterly performance of 4.93%. The stock price is moving up from its 20 days moving average with 5.70% and isolated positively from 50 days moving average with 4.72%.

Brokerage Recommendations:

The stock has received ratings from many brokerage firms according to ZACKS. Currently shares have been rated as “Buy” from “2” brokerage firms and “0” brokerage firms say as “Strong Buy”. “0” brokerage firms have suggested “Sell” for the company. “0” brokerage firms have recommended as a “Hold”. Strong Sell rating was given by “3” brokerage firms.  The Company has average brokerage recommendation (ABR) of “0” based on consensus of the ZACKS brokerage firms.


About the author / 

Leave a reply

Your email address will not be published. Required fields are marked *

About Us

WSnews4investors is the influential source for financial news and Opinion Company with content which delivered over the Internet. WSnews4investors is a dynamic and innovative financial media outlet that empowers investors with high-quality, unique content that is coveted by Wall Street’s traders.