The stock of Natura &Co Holding S.A. (NYSE:NTCO) decreased by -$0.31 on Wednesday to $6.86, down -4.39 percent. The last five days have seen an average of 939,452 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $2.51. The average number of shares traded over the last 20 days was 735,768, while the average volume over the last 50 days totaled 984,175.
NTCO stock appreciated 7.11% since last month. On 07/18/23, the company’s shares reached a one-month low of $6.37. The stock touched a high of $7.68 on 07/31/23, after rallying from a low of $3.61 in 52 weeks. The price of NTCO stock has risen by 58.31% or $2.51 this year, reaching a new high 28 times. Still, the stock price is down -10.68% from the 52-week high.
Financial Health
Based on annual data, it had gross profit of $4.49 billion and revenue of $7.04 billion.
Earnings Surprise
According to Natura &Co Holding S.A.’s quarterly financial report for the quarter that ended March 30, it had $142.8 million in total debt versus $173.17 million in cash and short-term investments. A lower net income was reported in the quarter under review than the previous quarter. It was predicted that Natura &Co Holding S.A.’s quarterly earnings would be -$0.18, but it ended up being -$0.04. EBITDA was $121.45 million for the quarter.
Technical Picture
Here’s a quick look at Natura &Co Holding S.A.’s (NTCO) price momentum from a technical perspective. As of 15 August, the RSI 9-day stood at 40.19%, suggesting the stock is Neutral, with a 40.53% historical volatility rate.
The stochastic %K and %D were 24.26% and 26.00% respectively, while the average true range (ATR) was 0.29. Based on the 14-day stochastic reading of 17.73%, the RSI (14) reading is 44.83%. On the 9-day MACD Oscillator, the stock is at -0.08, and the 14-day reading is at -0.24.
Analyst Ratings
In its most recent analyst report, JP Morgan raised its rating on Natura &Co Holding S.A. (NYSE: NTCO) to an Overweight. Prior to this, analysts firm rated the stock as a Neutral. Analysts have assigned Natura &Co Holding S.A. (NTCO) an Overweight rating. NTCO is a stock that is recommended for selling by 0 brokerage firms, while 6 companies recommend holding. The stock is underweighted by 0 analysts. Among the analysts who rate the stock, 0 rates it overweight and 5 others recommend it as a buy.
What is NTCO’s price target for the next 12 months?
The current consensus forecast for the stock is between $5.64 and $12.45, with a median target price of $7.50. In analyzing these forecasts, the average price target given by analysts for Natura &Co Holding S.A. (NTCO) is $8.28.
