The stock of Natura &Co Holding S.A. (NYSE:NTCO) increased by $0.42 on Wednesday to $6.64, up 6.83 percent. The last five days have seen an average of 547,190 shares of common stock traded. 28 times new highs were reached in the current year, with a gain of $2.30. The average number of shares traded over the last 20 days was 485,112, while the average volume over the last 50 days totaled 636,363.
NTCO stock appreciated 4.48% since last month. On 09/07/23, the company’s shares reached a one-month low of $5.80. 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 53.46% or $2.30 this year, reaching a new high 28 times. Still, the stock price is down -13.42% 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 June 29. A higher 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 -$0.21, but it ended up being -$0.04, beating the consensus by -425.00%. EBITDA was $97.79 million for the quarter. At the end of Natura &Co Holding S.A.’s most recent quarter ended June 29, its liabilities totaled 6.07 billion, while its total debt was $15.54 billion.
Technical Picture
Here’s a quick look at Natura &Co Holding S.A.’s (NTCO) price momentum from a technical perspective. As of 19 September, the RSI 9-day stood at 65.56%, suggesting the stock is Neutral, with a 34.92% historical volatility rate.
The stochastic %K and %D were 74.06% and 64.82% respectively, while the average true range (ATR) was 0.24. Based on the 14-day stochastic reading of 86.53%, the RSI (14) reading is 57.63%. On the 9-day MACD Oscillator, the stock is at 0.21, and the 14-day reading is at 0.26.
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 6 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 $6.16 and $12.45, with a median target price of $8.26. In analyzing these forecasts, the average price target given by analysts for Natura &Co Holding S.A. (NTCO) is $8.46.
